The shine isn't off Nvidia, but analysts grow more cautious on its growth: Wall Street reactions

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market.Frank Lee, global head of tech hardware at HSBC, struck a cautious tone. "We see limited room for further earnings upside revision or share price catalyst in the near-term unless we have increasing clarity over upside in 2026 CSP capex expectations."The market for artificial intelligence GPUs has been ever-growing. Lee pointed to Jensen Huang's comments about the top four hyperscalers totaling $600 billion in capital expenditures in 2026. Huang projected $3 trillion to $4 trillion in AI infrastructure spending by 2030.But Lee warned that “Nvidia has not seen a significant beat and raise quarter since 2QFY25." The firm maintained a Hold rating and a $200 price target.Nvidia stock fell slightly on Thursday morning. It's up 29% year to date, well ahead of the S&P 500's (^GSPC) 10% gain.Nvidia's data center performance didn't sit too well with some on the Street. The segment's revenue reached $41.1 billion, compared to $26.2 billion in the previous year and slightly above consensus estimates of $41.3 billion, according to Bloomberg data. It had not sold H20 chips to China in the quarter and did not include potential sales in its guidance.Ruben Roy of Stifel noted that, "DC [data center] revenue was lower than expected despite increasing 56% y/y and 5% q/q." The firm reiterated its Buy rating and $212 price target.Gil Luria of DA Davidson highlighted the slowdown more bluntly."Data center revenues saw the smallest sequential increase since F1Q24," Luria wrote in a note. He said that China's push to increase domestic chip production, coupled with its national security concerns, could indefinitely restrict Nvidia's future sales within the country.Luria raised his price target to $195 from $135 but kept a Neutral rating, citing “continued concern around the company’s ability to sell H20s into China.”Huang fought back worries about Nvidia's future. "We obviously had a record quarter without China, and we just guided another record quarter without China. ... It's incredible growth," he told Yahoo Finance.Others on Wall Street agree Nvidia has more room to run.Citi analyst Atif Malik maintained his Buy rating, lifting his price target to $210. He anticipates that Nvidia could see strong growth from H20 chip sales, potentially to the tune of $2 billion to $5 billion in Q3, if geopolitical issues fade.Condiciones y Política de privacidadPrivacy & Cookie SettingsMore InfoS&P 5006,489.45 +8.05 (+0.12%)Dow 3045,556.16 -9.07 (-0.02%)Nasdaq21,671.32 +81.18 (+0.38%)Russell 20002,377.37 +3.57 (+0.15%)VIX14.22 -0.63 (-4.24%)Gold3,474.00 +25.40 (+0.74%)Cartera de valoresInicia sesión para acceder a tu cartera de valoresIniciar sesiónPrincipales ganadoresPSTG Pure Storage, Inc. 79.27 +18.40 (+30.24%)SNOW Snowflake Inc. 239.09 +38.70 (+19.31%)BILL BILL Holdings, Inc. 47.78 +6.15 (+14.76%)TCOM Trip.com Group Limited 74.44 +9.14 (+14.01%)RGTI Rigetti Computing, Inc. 16.93 +1.54 (+10.01%)Principales perdedoresNEGG Newegg Commerce, Inc. 50.51 -10.38 (-17.05%)TLX Telix Pharmaceuticals Limited 10.11 -2.00 (-16.49%)HRL Hormel Foods Corporation 25.31 -3.71 (-12.79%)HMY Harmony Gold Mining Company Limited 12.86 -1.82 (-12.37%)COO The Cooper Companies, Inc. 65.56 -8.55 (-11.53%)Más activosWBA Walgreens Boots Alliance, Inc. 11.98 0.00 (0.00%)NVDA NVIDIA Corporation 179.48 -2.12 (-1.17%)OPEN Opendoor Technologies Inc. 4.1685 +0.1485 (+3.69%)RGTI Rigetti Computing, Inc. 16.93 +1.54 (+10.01%)TSLA Tesla, Inc. 343.85 -5.75 (-1.64%)Eventos de beneficiosMis eventos de beneficiosEventos de beneficiosTickers destacadosSNOW Snowflake Inc. 239.28 +38.89 (+19.41%)PSTG Pure Storage, Inc. 79.24 +18.38 (+30.21%)CRWD CrowdStrike Holdings, Inc. 437.58 +14.97 (+3.54%)CGC Canopy Growth Corporation 1.8258 +0.3158 (+20.86%)TD.TO The Toronto-Dominion Bank 100.05 -4.96 (-4.72%)Principales eventos económicos