Nvidia expected to generate $21.3 billion in revenue from datacenter division in fiscal Q1 2025
TD Cowen analyst Matthew Ramsay predicts Nvidia's new 'Blackwell' chips will be four times faster on large language model training functions and up to 30 times faster on inference functions
Nvidia, a leading company in the field of artificial intelligence (AI) and graphics processing units (GPUs), has recently received some bullish news from a semiconductor giant. According to TD Cowen analyst Matthew Ramsay, Nvidia is expected to generate total revenue of $24.8 billion in fiscal Q1 2025, with $21.3 billion coming from the datacenter division. Ramsay has a 'buy' rating and $1,100 price target for Nvidia. Nvidia's new 'Blackwell' chips are predicted to be four times faster than the current H100 line on large language model training functions, and as much as 30 times faster on inference functions. Revenue growth for Nvidia is predicted to continue until at least 2026. However, investors should be cautious when considering Nvidia's stock price, as it may be time to sell on the next bounce according to some chart analysis. The Motley Fool's Stock Advisor service has more than quadrupled the return of S&P 500 since 2002 and has identified what they believe are the 10 best stocks for investors to buy now, but Nvidia was not included in that list. It is important to note that The Motley Fool has positions in and recommends Nvidia, and analyst Parkev Tatevosian has updated his stock price forecast for Nvidia in April 2024. Investors should conduct their own research and consider multiple perspectives before making investment decisions.
Parkev Tatevosian updated his stock price forecast for Nvidia in April 2024
Nvidia was not included in The Motley Fool’s list of 10 best stocks for investors to buy at that time
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The author makes an appeal to authority by mentioning The Motley Fool Stock Advisor and its past successes. However, the author also discloses his affiliation with The Motley Fool and states that his opinions remain his own.
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Nvidia's fiscal Q1 2025 earnings report is due on May 22, 2025.
TD Cowen analyst Matthew Ramsay has a ‘buy’ rating and $1,100 price target for Nvidia.
Nvidia is expected to generate total revenue of $24.8 billion in fiscal Q1 2025, with $21.3 billion coming from the datacenter division.
Nvidia's new ‘Blackwell’ chips are predicted to be four times faster than the current H100 line on large language model training functions, and as much as 30 times faster on inference functions.
Revenue growth for Nvidia is predicted to continue until at least 2026.
Accuracy
No Contradictions at Time
Of
Publication
Deception
(80%)
The author expresses his opinion that Nvidia's AI chips are market-dominating and that the demand for them is strong and will continue to grow. He also predicts specific revenue numbers for Nvidia's Q1 and Q2 of fiscal 2025, implying a high level of certainty in his predictions.
In a nutshell, Ramsay says Nvidia is quite simply his “top pick” in semiconductors, with an $1,100 price target and a “buy” rating – and AI, of course, is the reason.
It's more than a month until Nvidia’s (NASDAQ:NVDA) fiscal Q1 2025 earnings report comes due (on May 22). Despite the distant date, however, TD Cowen’s 5-star analyst, Matthew Ramsay, felt confident enough to put out one of the earliest Q1 previews around.
Assuming this is the right revenue number, it will equal 245% year-over-year growth, and 12% sequential, quarter-over-quarter growth.
Checks continue to indicate strong demand for Nvidia’s market-dominating artificial intelligence chips.
According to Ramsay, who’s ranked in the top 1% of the Street’s stock pros, the good times are going to keep on rolling for Nvidia as we roll into Nvidia’s version of “fiscal 2025” (which everyone else calls calendar year 2024).
