Lates News

Goldman Sachs stated in its latest report that while Nvidia's latest financial report and next quarter guidance are stable and broadly in line with Wall Street expectations, they may still struggle to meet the market's previously high expectations, potentially leading to downward pressure on its stock price in the short term. Goldman Sachs analysts believe that the market has largely already priced in the growth potential of its new Blackwell architecture chips. However, Goldman Sachs still maintains a "buy" rating for Nvidia and has set a 12-month target price of $200. This target price is based on an estimate of the company's standardized earnings per share of $5.75 and a 35 times price-to-earnings ratio (P/E). The report also points out four key downside risks that investors need to be aware of: a slowdown in AI infrastructure spending, increased competition leading to market share loss, competition affecting profit margins, and supply chain constraints.