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Nvidia’s Average Analyst Target Stands 58% Above Its Oct. 30 Close

Revenue for the second quarter of fiscal 2027 was $96.221 billion, up 106% from a year earlier.

Updated 1 min read
Cars pass an office campus beside San Tomas Expressway in Santa Clara, California. / EconoTimes.ai
Cars pass an office campus beside San Tomas Expressway in Santa Clara, California. / EconoTimes.ai

Nvidia shares closed at $204.64 on Oct. 30, while an analyst tally put the stock’s average 12-month objective at $323.45, 58.06% above that close.

Every one of the 33 entries was marked Buy, with no Hold or Sell rating. Target estimates ran from $275 to $465.

Nvidia reported $96.221 billion in revenue for the second quarter of fiscal 2027, which ended July 26. Revenue rose 106% from a year earlier and 18% from the previous quarter. Data Center revenue reached $89.023 billion, up 117% year over year.

For the third quarter, Nvidia forecast revenue of $108 billion, with a 2% range above or below that figure.

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