NVIDIA Watch posted an update
Seaport Research has reiterated its sell rating on Nvidia, with analyst Jay Goldberg citing mounting competition and financial obligations tied to the company’s AI expansion. His $180 price target sits below Nvidia’s reported $215.38 closing price on 28 October.
Why it mattersThat is one analyst’s bearish view, not a verdict on Nvidia’s business. The Yahoo Finance article notes the contrast with the company’s strong recent results and broader analyst optimism.
Discuss: What would make you take the bearish case more seriously: tougher competition, or signs that Nvidia’s AI expansion is weighing on its finances?
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