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Citi Sets NVIDIA (NVDA.US) TP at US$190; Rating Buy
28 Aug 2025 12:31
NVIDIA (NVDA.US) reported revenue of US$46.7 billion and non-GAAP EPS of US$1.04 for the second fiscal quarter ending in July, both topping expectations, Citi said in a research report.

NVIDIA anticipated revenue of US$54 billion for the third fiscal quarter ending in October, surpassing forecasts, and has no plans to ship H20 chips to China in the near future. The company expected its non-GAAP profit margin to reach approximately 75% by the end of this year.

The broker set a target price of US$190 for NVIDIA, with a Buy rating.
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