Analysts say NVIDIA (NASDAQ: NVDA) is a buy ahead of earnings because the results will be robust, high-double-digit growth is likely, and the guidance will also be sound. The long-term outlook is also robust because the semiconductor company has been investing in its full stack of AI products and services. The company is leaning into an increasingly specialized group of products that will underpin AI growth and advancement across industries and verticals.
[content-module:MarketRank|NASDAQ:NVDA]The analyst activity leading into the release is mixed, including a couple of price target reductions, but overall, it is bullish and leading the market higher. The sentiment is firm at a Moderate Buy with a bullish bias due to the high number of Buy or higher ratings, about 85%, and the price target trend.
