NVIDIA Corporation (NASDAQ:NVDA) ranks among the 20 best fast growth stocks to invest in. On July 2, Mizuho reaffirmed its Outperform rating on NVIDIA Corporation (NASDAQ:NVDA), while raising its price target to $185 from $170. With data center revenues expected to reach about $41 billion, a 5% quarter-over-quarter increase, the firm maintained its July quarter revenue and earnings per share expectations at $45 billion and $0.98, respectively.
Citing tailwinds from the earlier-than-expected launch of the GB300 and air-cooled Rubin products as well as a slightly enhanced GPU supply, Mizuho increased its fiscal 2026 predictions from $195 billion in revenue and $4.16 in earnings per share to $202 billion and $4.38.
According to Mizuho, NVIDIA Corporation (NASDAQ:NVDA) is developing a new “B40” accelerator for the Chinese market, though exports are presently prohibited. That said, the Rubin product line is anticipated to spur further expansion through 2026.
NVIDIA Corporation (NASDAQ:NVDA), a world leader in networking and graphics processing, provides GPUs for the AI, gaming, HPC, and other industries. The company’s products span data centers, gaming, professional visualization, and the automotive markets.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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