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Citi Bullish on Nvidia (NVDA): Raises Price Target Ahead of Q3 FY26 Earnings Showdown
Citi Bullish on Nvidia (NVDA): Raises Price Target Ahead of Q3 FY26 Earnings Showdown
Wall Street's AI hype train gets another coal car as Citi analysts bump NVDA targets. The chipmaker's Q3 FY26 earnings report now looms as a make-or-break moment for the $2T semiconductor giant.
Key factors driving the upgrade:
- Data center demand defying gravity (and basic economics)
- Gaming segment showing unexpected resilience
- CEO Jensen Huang's reality distortion field remains at full strength
Street whispers suggest guidance could smash expectations again—because when hasn't it? The only thing growing faster than Nvidia's P/E ratio is analysts' price targets.
Closing thought: If this earnings beat happens, expect the usual suspects to claim they 'saw it coming all along' while quietly revising their models.
