Analysts Optimistic on Nvidia's AI-Driven Growth Ahead of Earnings

Morgan Stanley analyst Joseph Moore suggests that while Nvidia's upcoming earnings report may not be a major catalyst due to supply constraints, the company's long-term prospects remain strong. Moore maintains an Overweight rating on Nvidia, raising the price target to $160, and expects significant growth driven by the Blackwell product cycle. Despite current limitations, Nvidia is projected to continue outperforming, with a Strong Buy consensus from analysts.