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Citi Adds NVIDIA (NVDA.US) TP to US$210, Reaffirms Buy Rating
29 Aug 2025 11:49
Citi published a research report, covering NVIDIA (NVDA.US), which reported revenue of US$46.7 billion for the second fiscal quarter ending in late July, with non-GAAP EPS of US$1.04, surpassing the broker's expectations of US$45 billion and US97 cents. The gross margin guidance for the third fiscal quarter ending in late October stood at 73.5%, in alignment with the broker's forecast but topping street consensus by 70 bps.

The broker raised NVIDIA's EPS estimates for 2025 and 2026 by 2% and 10%, respectively, and increased the target price from US$190 to US$210, maintaining a Buy rating.
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Stock & Type Code Strike(Call Level) Last Effective Gearing
Nvidia (C) 10721 175 (-) 0.375 4.6 X
Nvidia (P) 10714 125 (-) 0.059 5.0 X

 

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