Analyst Boosts Outlook for Nvidia (NVDA) Following Strong Q3 Results and “Off-the-Charts” Blackwell Demand

The terms people rise follows Nvidia’s fiscal Q3 results, with the steadfast expressing assurance successful Nvidia’s architecture enactment and unrivaled momentum.

The AI chipmaker bushed Wall Street expectations for income and net and besides guided stronger-than-expected for fourth-quarter sales. According to CEO Jensen Huang, income for Nvidia’s current-generation GPU, called Blackwell, person been “off the charts.”

Following the results, Baird discussed however Blackwell request is good supra supply, a concern akin to aboriginal 2024. While TSMC’s capableness and Nvidia’s execution are going to beryllium focal points for adjacent year, it is expected that the institution volition support “a stratospheric show and level vantage versus the contention passim 2026 and apt 2027.”

Analysts spot country for aggregate enlargement up based connected robust AI request and Nvidia’s architecture show leadership.

“The operation of insatiable AI request and ongoing architecture show enactment (nothing caller for Nvidia since 1999) warrants aggregate enlargement ahead, successful our view. Outperform-rated.”

NVIDIA Corporation (NASDAQ:NVDA) specializes successful AI-driven solutions, offering platforms for information centers, self-driving cars, robotics, and unreality services.

While we admit the imaginable of NVDA arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 AI Stocks successful Focus connected Wall Street and 10 Hot AI Stocks to Keep connected Your Radar

Disclosure: None.