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<Research> Citi Expects NVIDIA Corporation (NVDA.US) 1QFY2026 Results to Beat; Reiterates Buy
Recommend 6 Positive 2 Negative 0 |
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NVIDIA Corporation (NVDA.US) will release its results for the first quarter of fiscal year 2026 ended April next week. In a report, Citi forecast that results will exceed market expectations by about USD1.4 billion, with revenue reaching USD80 billion, above the market estimate of USD78.6 billion, mainly driven by stronger-than-expected ramp-up of the B300. Looking ahead to the second fiscal quarter ending July, the bank expects revenue to grow 11% QoQ to USD89 billion, higher than the market forecast of USD87 billion, supported by continued B300 ramp-up, while shipment growth of 1.6T optical modules also exceeded expectations. It also raised its EPS forecasts for fiscal years 2027 and 2028 by 4% and 10%, respectively. The bank maintained its TP at USD300 and reiterated its Buy rating on NVIDIA Corporation. (ha/da) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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