Goldman Sachs: Maintains Buy Rating on NVIDIA and $285 Price Target

August 12th, Goldman Sachs analyst James Schneider maintained a Buy rating on the company and a target price of $285 ahead of NVIDIA's second-quarter earnings report.

The firm expects investor focus to be on NVIDIA's recently announced details of the $500 billion financing platform launched with partners, the ramp-up of the Rubin product in the second half of the year, future gross margin trends, and the potential upside space of agent-based AI over CPUs.