Ahead of Nvidia Q2 Earnings, Wall Street Races to Raise Nvidia Price Targets
TradingKey - In the week leading up to Nvidia’s (NVDA) Q2 FY2026 earnings report on August 27, nine Wall Street firms have raised their target prices for the AI chip leader, reflecting broad confidence in its growth outlook.
As of Thursday, August 21, the average Wall Street target price for Nvidia has been raised to $194, a new historical high and a 3% increase from the previous average — at least 10% above Wednesday’s closing price.
Target Price($) | Change | |
Cantor Fitzgerald | 200 → 240 | 20% |
TD Cowen | 175 → 235 | 34.3% |
Wolfe | 170 → 220 | 29.4% |
KeyBanc | 190 → 215 | 13.2% |
Wedbush | 175 → 210 | 20% |
Susquehanna | 180 → 210 | 16.7% |
Morgan Stanley | 200 → 206 | 2.9% |
UBS | 175 → 205 | 17.1% |
HSBC | 125 → 200 | 60% |
According to Visible Alpha, analysts expect Nvidia’s Q2 revenue to reach $46.4 billion, potentially exceeding the company’s guidance of $44.1–45.9 billion, driven by strong sentiment around its data center segment.
Morgan Stanley raised its Q2 revenue estimate from $45.2 billion to $46.6 billion, citing significant improvements on both supply and demand sides — demand described as “significant, unmet, and massive” — while easing Blackwell chip supply constraints are boosting revenue.
As tech giants like Amazon, Google, and Meta continue to ramp up data center investments, computing power demand remains largely unfulfilled, providing strong support for Nvidia’s revenue growth.
Related Articles
Eurozone July HICP Commentary: The Euro to Enter a Fluctuation Range
TradingKey - On 20 August 2025, the eurozone released the Harmonised Index of Consumer Prices (HICP) data for July. In line with the general market expectations, the headline HICP remained unchanged month-on-month, while the core HICP fell into negative territory
FOMC August Meeting Minutes Commentary: Diverging Opinions, Rate Cut Optimism Outweighs Concerns, Your U.S. Stock Portfolio Remains Secure
TradingKey - On 21 August 2025, the Federal Open Market Committee (FOMC) released its latest meeting minutes, which revealed divisions among Fed officials due to a weakening job market and the impact of tariffs on inflation.
Fed at a Crossroads: Powell Faces the Spotlight at Jackson Hole in a Moment of Fed Uncertainty
TradingKey - The annual Jackson Hole Symposium is currently underway, with Federal Reserve Chair Jerome Powell’s speech on Friday, August 22, drawing global attention. Amid growing internal divisions within the Fed and external pressure from the Trump administration to reshape its leadership, will
Powell's Jackson Hole Speech: For U.S. Stocks, Hawk or Dove Signal Could Be a Lose-Lose?
TradingKey - As U.S. inflation and labor market data show signs of rebalancing, Treasury traders and Wall Street banks have largely priced in a rate cut at the September FOMC meeting — the first of 2025. Yet both a more dovish-than-expected tone and a potential surprise hawkish signal from Fed Chair
Eurozone Q2 GDP Commentary: Will the Euro's Upward Momentum Persist?
TradingKey - On 14 August 2025, Eurostat published Q2 GDP figures, revealing a drop in the Eurozone's quarter-on-quarter growth from 0.6% in the first quarter to 0.1%. Consequently, annual growth eased from 1.5% to 1.4%. The slowdown primarily stems from the diminishing boost from European...
