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Citi: Nvidia (NVDA.US) Rated at Buy as Quarterly Results Beat
29 May 2025 11:03
Global AI chip giant, Nvidia (NVDA.US), reported better-than-expected results for 1FQ ended 27 April, driven by strong demand for AI, Citi Research issued a research report saying. Therefore, the broker rated Nvidia at Buy, with a target price of US$150.

Nvidia's 1FQ revenue/ non-GAAP EPS (excluding stock incentives) amounted to US$44.1 billion/ US$0.96 (excluding H20-related expenses and tax impacts, or US$0.81 if including) each, beating Citi Research's forecasts of US$43.6 billion/ US$0.94 (excluding charges) and the market consensus of US$43.3 billion/ US$0.74 (including expenses).
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SG Top Picks
Stock & Type Code Strike(Call Level) Last Effective Gearing
Nvidia (C) 10537 165 (-) 0.024 12.1 X
Nvidia (C) 10573 150 (-) 0.170 5.3 X
Nvidia (C) 10615 135 (-) 0.300 4.0 X
Nvidia (P) 10538 116 (-) 0.064 7.3 X
Nvidia (P) 10581 95 (-) 0.065 4.3 X

 

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