CLSA reiterates Nvidia stock rating on strong earnings upgrades
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry South Korean stock trading temporarily halted as KOSPI slides over 11% Asia stocks slide amid Iran tensions, mixed China PMIs; S.Korea slumps 11% Stocks close in the red as widening Middle East conflict sparks inflation fears Gold slips on stronger dollar; safe haven demand remains high amid Iran conflict (South Africa Philippines Nigeria) CLSA reiterates Nvidia stock rating on strong earnings upgrades By Analyst Ratings Published 03/04/2026, 12:45 AM CLSA reiterates Nvidia stock rating on strong earnings upgrades 0 NVDA -1.33% COHR -6.06% LITE -11.34% Investing.com - CLSA reiterated a High-Conviction Outperform rating and $300.00 price target on Nvidia (NASDAQ:NVDA) . The firm noted that Nvidia’s earnings have seen 27%-35% upgrades for FY27-28 over the last six months. This aligns with broader analyst sentiment, as InvestingPro data shows 33 analysts have revised their earnings upwards for the upcoming period. CLSA said the stock has been somewhat dissociated from its earnings even before recent geopolitical events. The firm said it remains focused on exponential token growth, buoyant earnings and attractive valuations, now at a sub-23x price-to-earnings ratio on 12-month forward GAAP earnings per share. The company’s PEG ratio of 0.55 suggests strong value relative to growth prospects, and InvestingPro analysis indicates the stock is currently undervalued based on Fair Value calculations. For deeper insights, investors can access Nvidia’s comprehensive Pro Research Report, one of 1,400+ available for top US stocks. CLSA said operating cash flows from Amazon, Google, Microsoft and Meta is set to reach $1 trillion by 2028. The firm noted Amazon’s recent capital expenditure surge as a sign it wants to catch up on market share loss in AI cloud. The firm acknowledged that dry powder in the private equity and venture capital space is down from 2023 peaks. CLSA said Nvidia booked $30 billion in sovereign AI revenu...
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