Nvidia (NVDA) ‘Well Positioned’ as Earnings Near, Citi Says
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It has been a rather volatile year for the stock market. Although there were high hopes for a shot of companies entering 2025, they have yet to live up to that billing. However, that doesn’t deny the reality that increases aren’t on the horizon. Among them is Nvidia (NVDA), which is “well positioned” ahead of its February 26th earnings call, Citi says.
The question is, can the company shake off recent competition to return to its 2024 form? Last year, the AI chipmaker dominated the tech sector, surging as much as 170% over the last twelve months. With setbacks becoming the norm over the last month, there are signs its rapid growth trajectory could be returning.
Also Read: US Stocks: Who’s Winning—or Losing—2025 So Far?
Nvidia Surge Incoming? Why Citi Says Stock is in a Good Place Ahead of Earnings
It has been a year of challenges for Nvidia investors. The company saw $600 billion in its market cap vanish after the arrival of Chinese startup DeepSeek AI, which led to a panic-field sell-off. However, that isn’t where it ended. ChatGPT developer OpenAI announced that it would be making its own AI chips. Therefore, it would be seeking to challenge the maker share of the industry leader.
Although it is far from the days when the market expected the company to be the first to reach a $4 trillion value, brighter days are likely on the horizon. Indeed, Nvidia (NVDA) is “well positioned” to increase ahead of its February earnings, according to Citi.
Also Read: Nvidia (NVDA) Widening the Gap With AMD in AI Stock Race
Citigroup issued a buy rating on the stock, noting that it is a good place as it faces a critical earnings report this month. “We believe attention will shift to strength from AI companies,” including Nvidia, they said in an analyst call reported by Insider Monkey.
The sentiment aligns with a bullish perspective from most Wall Street experts. The stock currently has an average price target of $175, an increase of more than 31% from its current position. Moreover, its high-end projection is at $220, which represents a 66% upside from where it currently stands.
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Nvidia (NVDA) ‘Well Positioned’ as Earnings Near, Citi Says
Share:
It has been a rather volatile year for the stock market. Although there were high hopes for a shot of companies entering 2025, they have yet to live up to that billing. However, that doesn’t deny the reality that increases aren’t on the horizon. Among them is Nvidia (NVDA), which is “well positioned” ahead of its February 26th earnings call, Citi says.
The question is, can the company shake off recent competition to return to its 2024 form? Last year, the AI chipmaker dominated the tech sector, surging as much as 170% over the last twelve months. With setbacks becoming the norm over the last month, there are signs its rapid growth trajectory could be returning.
Also Read: US Stocks: Who’s Winning—or Losing—2025 So Far?
Nvidia Surge Incoming? Why Citi Says Stock is in a Good Place Ahead of Earnings
It has been a year of challenges for Nvidia investors. The company saw $600 billion in its market cap vanish after the arrival of Chinese startup DeepSeek AI, which led to a panic-field sell-off. However, that isn’t where it ended. ChatGPT developer OpenAI announced that it would be making its own AI chips. Therefore, it would be seeking to challenge the maker share of the industry leader.
Although it is far from the days when the market expected the company to be the first to reach a $4 trillion value, brighter days are likely on the horizon. Indeed, Nvidia (NVDA) is “well positioned” to increase ahead of its February earnings, according to Citi.
Also Read: Nvidia (NVDA) Widening the Gap With AMD in AI Stock Race
Citigroup issued a buy rating on the stock, noting that it is a good place as it faces a critical earnings report this month. “We believe attention will shift to strength from AI companies,” including Nvidia, they said in an analyst call reported by Insider Monkey.
The sentiment aligns with a bullish perspective from most Wall Street experts. The stock currently has an average price target of $175, an increase of more than 31% from its current position. Moreover, its high-end projection is at $220, which represents a 66% upside from where it currently stands.
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In This News
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Read More
Bank of America names Nvidia, Palantir, and Robinhood as top stocks to hold in 2025