Nvidia’s stock fell for six consecutive sessions, marking its longest losing streak in four years. The stock dropped 4.7% from $225.30 on August 13 to $214.75, pressured by concerns over circular financing practices, including a $105 billion guarantee tied to an OpenAI campus in Ohio. The company reports earnings on August 26, with analysts expecting earnings of $2.01 per share, up 103% year-over-year, and revenue guidance of roughly $91 billion. All 26 analysts covering the stock rate it a buy, with an average price target of $301.82, about 40% above Friday’s close. Despite beating estimates for four consecutive quarters, the stock has fallen the day after each report.
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