NVDA: Morgan Stanley Says 'Time to Power Up' Nvidia Ahead of Earnings
Morgan Stanley's Joseph Moore kept a "Buy" view and nudged the target to $206, citing strong, ongoing customer demand and improving supply for Blackwell GPUs. He now models higher revenue and EPS for 2026, reflecting faster rack assembly and more shipments expected later this year and into early 2026.
Warning! GuruFocus has detected 5 Warning Signs with NVDA.
Moore also expects Nvidia to hold roughly an 85% market share in AI datacenter chips next year, leaving rivals with a steep catch-up task. The analyst sees July and October revenue beats relative to prior estimates and raised his 2026 revenue/EPS outlook accordingly.
While China licensing and supply variables could influence near-term results, the firm's updated forecasts underline a durable demand backdrop from hyperscale cloud customers and growing traction among smaller cloud buyers. That mix helps explain why Wall Street looks bullish heading into the quarter.
This article first appeared on GuruFocus.
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