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SMCI NVIDIA
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FW30
Posted 8/28/2024 17:03 (#10869964 - in reply to #10869619)
Subject: RE: SMCI NVIDIA


EC SD
NVDA beat top and bottom line estimates and raised guidance for next quarter. Confirmed shipment promise of Q4 for next gen chips too, so all that production delay talk was apparently bogus. Analysts are putting their one-year price targets up to $200 now.

Yes, stock was down today, along with market, and down after hours too. That after hours dip on earning day is pretty normal for NVDA. I often buy the dip in after hours after their report comes out. Then in the days after a great report, like this one, the analysts will put out press releases with new and higher price targets, one by one by one. This helps the stock go higher of course. :)
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