Nvidia reports August 26. The stock has had a rough few weeks. Bond yields spiked, the broader market sold off, and AI infrastructure names got hit harder than most.
Michael Burry flagged a startup. The circular financing debate keeps resurfacing. There is no shortage of reasons to be cautious heading into next week.
Oppenheimer is not cautious. The firm just reiterated its bullish case with numbers specific enough to be worth examining before the report lands.
Oppenheimer maintained its Outperform rating and $265 price target on Nvidia on August 20, according to Investing.com.
The stock trades at a P/E of 33.64 with a PEG ratio of 0.3. Nvidia has delivered 71% revenue growth over the past 12 months. Market cap sits at $5.31 trillion. Gross profit margin is 74%.
#NVIDIA #oppenheimer #michael #burry
Michael Burry flagged a startup. The circular financing debate keeps resurfacing. There is no shortage of reasons to be cautious heading into next week.
Oppenheimer is not cautious. The firm just reiterated its bullish case with numbers specific enough to be worth examining before the report lands.
Oppenheimer maintained its Outperform rating and $265 price target on Nvidia on August 20, according to Investing.com.
The stock trades at a P/E of 33.64 with a PEG ratio of 0.3. Nvidia has delivered 71% revenue growth over the past 12 months. Market cap sits at $5.31 trillion. Gross profit margin is 74%.
#NVIDIA #oppenheimer #michael #burry
2 months ago
