NVIDIA stock price target revised down by HSBC, but still 28% above consensus By Investing.com
On Sunday, HSBC analyst Frank Lee adjusted the price target for NVIDIA (NASDAQ:NVDA) shares, bringing it down to $185 from the previous target of $195. Despite the reduction, the analyst maintained a Buy rating on the stock. Lee’s assessment came with the perspective that NVIDIA may face challenges in the first half of fiscal year 2026, necessitating a robust second-half performance to meet market expectations.
According to InvestingPro data, NVIDIA maintains impressive financial health with a perfect Piotroski Score of 9, while delivering extraordinary revenue growth of 152% in the last twelve months.
The revision was primarily due to a lowered forecast for datacenter revenue in fiscal year 2026, which Lee now sets at $236 billion,…
