HSBC Adjusts NVIDIA Stock Price Target
The financial analyst from HSBC, Frank Lee, has updated NVIDIA Corporation’s (NASDAQ: NVDA) price target. On Sunday, he revised the target from $195 to $185. Despite this reduction, Lee maintains a Buy rating for the stock. He predicts challenges for NVIDIA in the first half of fiscal year 2026. However, an exceptional performance in the latter half could align with market expectations. HSBC Lowers Nvidia Stock : discover the real impacts here
According to InvestingPro data, NVIDIA demonstrates strong financial health. It holds a flawless Piotroski Score of 9 and boasts an impressive 152% revenue growth over the past 12 months.
HSBC Lowers Nvidia Stock : Reason for the Revision
The price target adjustment primarily reflects anticipated reductions in datacenter revenue for fiscal 2026. New projections estimate revenue at $236 billion, down from $253 billion. This adjustment is attributed to a revised forecast of 35,000 NVL 72 comparable AI server racks, compared to the previous estimate of 41,500 racks.
Even with the revision, HSBC’s projection surpasses the Visible Alpha consensus estimate of $184 billion by 28%. With a market capitalization of $3.33 trillion, NVIDIA remains a key player in the semiconductor industry.
NVIDIA and the Role of Artificial Intelligence
NVIDIA’s performance is heavily influenced by advancements in artificial intelligence (AI). Progress in AI technologies, from autonomous vehicles to automated customer service, will likely impact the company’s growth trajectory. Follow th enewt AI moves in this article .
This analysis also highlights the synergy between human intelligence and AI. This collaboration mirrors NVIDIA’s investment in AI innovation, further emphasizing its market leadership.
