📰 $NVDA – Truist Securities’ analyst William Stein has increased the price target for NVIDIA to $167 from $148, with a Buy rating. Stein anticipates: • NVIDIA will surpass Q3 expectations and provide strong Q4 guidance. • The company will address technical issues with the GB200 NVL72 configuration. • NVIDIA will affirm a strong outlook for 2025 due to a solid order backlog, and discuss new growth avenues beyond large language models. • Raised EPS estimate for CY25 to $4.18 from $3.69, leading to the price target adjustment.

$NVDA – Truist Securities’ analyst William Stein has increased the price target for NVIDIA to $167 from $148, with a Buy rating. Stein anticipates:

• NVIDIA will surpass Q3 expectations and provide strong Q4 guidance.

• The company will address technical issues with the GB200 NVL72 configuration.

• NVIDIA will affirm a strong outlook for 2025 due to a solid order backlog, and discuss new growth avenues beyond large language models.

• Raised EPS estimate for CY25 to $4.18 from $3.69, leading to the price target adjustment.