Wall Street sets Nvidia stock price target for the next 12 months

Nvidia once again beat quarterly expectations and announced a 2,400% dividend hike on May 20, underscoring both earnings strength and a more aggressive capital-return policy. The combination of a quarterly beat and a dramatically higher dividend is materially positive for NVDA shareholders and supports a bullish near-term read-through.

Analysis

Nvidia once again beat quarterly expectations and announced a 2,400% dividend hike on May 20, underscoring both earnings strength and a more aggressive capital-return policy. The combination of a quarterly beat and a dramatically higher dividend is materially positive for NVDA shareholders and supports a bullish near-term read-through.