WSB Hot Topic | Investment Bank: NVIDIA, wait for me, I haven't had a chance to raise the target price yet.

NVIDIA continues to dominate the market, with its stock price rising rapidly to the point where investment banks are struggling to adjust their target prices in time. Currently, NVIDIA's pre-market trading has surpassed $950, approaching the $1000 mark.

Since NVIDIA's earnings report on February 21st, here are the target price adjustments made by investment banks. Interestingly, UBS actually lowered NVIDIA's target price from $850 to $800.

Taiwan Semiconductor continues to hit new highs, ranking second in terms of popularity. Additionally, semiconductor companies Marvell Technology (MRVL) and Broadcom, which announced their earnings this morning, performed well for the quarter but their guidance fell below expectations, leading to pre-market declines in their stock prices. However, Broadcom's earnings report still managed to stimulate NVIDIA and Taiwan Semiconductor's stock prices, with both seeing a turnaround in after-hours trading.

Costco (COST) ranks fourth in popularity, with slightly lower-than-expected performance. Its stock price had been hitting new highs for six consecutive weeks.

AI concept stock Baidu (BBAI) remains popular, but speculation plays a significant role in the market.

Companies like Super Micro Computer (SMCI), AMD, and Intel continue to be in the spotlight.

Tesla and Apple's stock prices continue to decline, remaining on the radar. Apple has seen a seven-day consecutive decline, while Tesla, after three consecutive days of decline, rebounded overnight.

Electronic signature provider DocuSign (DOCU) ranks 13th in popularity, announcing fourth-quarter earnings that exceeded expectations, causing its pre-market stock price to rise by over 10%. The earnings report revealed that in the fourth quarter ending January 31, 2024, DocuSign's revenue increased by 8% year-on-year to $712 million, surpassing market expectations of $699 million. Net profit was $27.2 million, or $0.13 per share, higher than the $4.9 million, or $0.02 per share, in the same period last year. Adjusted earnings per share were $0.76, exceeding market expectations of $0.65.

Source: apewisdom, the most discussed stocks in the past 24 hours.

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