Nvidia (NVDA) currently holds an average brokerage recommendation (ABR) of 1.20, indicating a consensus between Strong Buy and Buy from 41 brokerage firms. Specifically, 36 of these recommendations are categorized as Strong Buy, constituting 87.8% of total recommendations, while 2 are classified as Buy, accounting for 4.9%. This data suggests strong investor confidence in Nvidia’s stock performance.
In recent developments, the Zacks Consensus Estimate for Nvidia’s earnings has increased by 8.8% over the past month, reaching $2.68. This positive revision aligns with an underlying Zacks Rank of #1 (Strong Buy), reflecting robust optimism regarding future price movements. Analysts’ favorable outlook on Nvidia’s earnings suggests a potentially significant stock appreciation in the near term.
