Wall Street Analysts Bullish on Nvidia, Broadcom Ahead of Earnings

According to the latest research calls on Wall Street, analysts are taking a bullish stance on several tech and industrial stocks ahead of their upcoming earnings reports. CFRA has reiterated its "buy" rating on Nvidia, raising the price target to $206 from $196 based on the AI chipmaker's strong performance. The firm is optimistic about Nvidia's prospects heading into its earnings release on Wednesday after the market close.

Citigroup has also maintained its "buy" rating on Broadcom, expecting the semiconductor company to report results above consensus when it announces earnings on September 4th. The bank believes Broadcom's AI business will continue to drive strong performance.

However, not all the news is positive. Baird has reiterated its "neutral" rating on Tesla, stating that the electric vehicle maker's earnings estimates for the second half of 2025 are still too high. The firm is lowering its delivery and regulatory credit estimates for Tesla over the remainder of 2025, citing continued weakness in the Automotive business.

Overall, the research calls highlight the mixed outlook for some of the market's biggest names, with analysts closely watching the impact of AI and other emerging technologies on the performance of these companies.