CFRA Research says investors should temper expectationsJustin Sullivan/GettyAccording to CFRA Research analyst Angelo Zino, investors should manage expectations around guidance for Nvidia's highly anticipated Blackwell launch.
Still, Zino expects Blackwell chips will be sold out for much of 2025.
"We expect Blackwell to be supply constrained through CY 25, given heightened demand from hyperscalers to support next-generation data centers.
In addition to Blackwell expectations/performance concerns that will likely dominate NVDA's Q&A session on the call, we expect investors to dissect any comments on tariffs/Sovereign AI after Trump's victory," Zino said.
CFRA Research rates Nvidia at "Buy" with a $160 price target.
Persons:
Justin Sullivan, Getty, Angelo Zino, Blackwell, Zino
Organizations:
CFRA Research, Sovereign, CFRA, Nvidia