"NVIDIA To $400, Then $1,000 By THIS DATE" DAN IVES NVIDIA PREDICTIONS 2025

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마이크로소프트 실적은 Azure 성장 가속으로 긍정적이며 현 하락은 과잉 반응이라는 주장. 메타는 기대치 미스매치로 하락했지만 하락 시 매수 대상이라는 견해. 반도체는 리더십이 분열되어 상위 종목 외에는 약세이며 단기 반등은 매도 기회로 봄. 엔비디아는 높은 성장률 대비 PER이 합리적이며 Dow 편입은 매수 유인이 아니라고 언급. 도어대시는 중립, 구글은 EPS 성장 기대.

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01. rogot Carney managing director of Roth MTM and Dan Ives managing director of bush it's great to have you to here I'll start this with you Dan since we're seated on the set together even though Street estimates had dropped and were lower than those going into the print the business had predicted the 33% gain in Azure going into this although meta's report was good is kex the reason for the Stock's current decline yes I would describe this quarter as a huge success for Microsoft I mean concerns that there would be some kind of slowness were baseless based on Azure and what we observed in the cloud you noticed last night's impressive Google figures of course this is accelerating for hyperscalers it's all about the ey Revolution and nadela is on that Mount Rushmore not just Jensen I believe that Microsoft is simply showing off its enormous muscle in the case of meta the stock experienced a significant surge they will continue to double down on on Capital expenditures that's a wise decision in my opinion this stock might be up in 24 hours in my opinion therefore I believe that this is the incorrect response considering what we see on Microsoft we would be buyers here on meta yes and I suppose that's the general idea I'm trying to convey it appears like Microsoft's expectations were loow heading into this print whereas meta's expectations may have been a little higher I'd like to know what you think about it roget especially in regards to meta I believe that meta was held to high standards and those standards continued to rise I believe Google reported at the top of the key4 guide even earlier that establishes the standard for how the 25% growth algorithm might seem I believe that investors would have been quite excited if they had been looking for something a little bit more than that there is nothing at all wrong with meta though I believe it's just a misalignment of expectations between how the stock had run into earnings and what they're pointing towards it is the one to own on downturn therefore if there is continued weakening toward the end of the year I believe we should be the ones purchasing meta tomorrow back to Microsoft Dan it's only around a percent higher after all although it wasn't the highest of the year you claimed it was a home run what provides is this an indication that the stock may be running low or are we simply awaiting the color and the guide to determine how optimistic investor should be I believe it is awaiting that shade from Medela however I believe that this is actually a narrative about Azure growth acceleration investors feared a Slowdown of some kind when you look at the margins and that intelligent Cloud you can see that this business is thriving in my opinion this represents a $4 trillion doll market capitalization when we sit here in 6 to 9 months apple and Nvidia in my opinion arrive first but the I revolution is still in its early stages based on what we have heard from Google and Microsoft and what meta will say I believe that the hyperscalers give you increasing confidence at this point Microsoft seems like a table pounder to me hey Rohit I'm going to quickly turn left here and inquire about door Dash CFO rvy and Anda will be here shortly you seem neutral to me about it it outperformed the street in terms of both top and bottom lines in guidance over time the stock has risen from its lows it first fell by roughly 5% it is currently down around 1.5% additionally Gap profitability they claim to be growing market share and have a cooperation with lft that I assume aims to compete with Uber what else are they supposed to do look I believe they are in a good position because they have the best and most lucrative Market which is the core Market there is already competition in any new area they enter whether it be grocery stores restaurants abroad or new expansion as a result the profitability of these new growth areas will be structurally lower that is our concern with door Das it leads the market for restaurants in the United States But as time passes their profitability will decline in all other areas they deal with profitability in the Gap is crucial it is most likely the only firm with a market capitalization of $60 billion that announced a gap profit in its first quarter today once more I believe that one of our main concerns his valuation we are neutral because of what I believe will happen to this company over the next 12 to 18 months as growth slows to the mid- teens and long-term profitability will not be as high as that of a standalone Mobility company like Lyft or a global leader like Huber all right Dan IES and Rohit Carney furthermore it's possible that the Enterprise side of it which we're not necessarily hearing about it this time will benefit more than the Consumer side however if the hyperscalers decide not to spend as much it would be good for them but bad for NVIDIA Tim yes indeed I believe that a certain Dynamic has fueled nvidia's earnings and enabled the street to predict the company's performance for the upcoming quarter however Google is a wonderful example because they're kind of caught in the center of this so I do think it gets back I believe we want to know the return on investment for their investment like everyone else they are curious about the cost and return on investment after that you return to their primary consumer business their primary search is clearly Dynamic and may be in danger but it is still anticipated to expand the EPS line is expected to climb by about 13.5% and I believe the street is at a consensus of 12.4% based on the multiple relative to itself this puts Google in a position where it should be the most protective of all these stocks again if it's trading at 20 times this is a $200 stock at the EPS where the street is and I find that to be interesting how has the positioning been going into this crucial earnings week M optimistic actually in almost all of them yes indeed first off Nvidia traded 4.7 million contracts today out of a total of 55 million contracts including options for index and exchange traded funds in all of these names calls are exceeding puts and by a significant margin it's likely that there will be twice as many bets on the upside I believe it's more a matter of being cautious about how far the stocks have come with Nvidia perhaps being the most prominent example what multiple we attribute to this I suppose depends somewhat on your expectations but for the entire year 2025 I'm looking at maybe $4 per share that means we'll reach 35 times next year with a PEG ratio of less than one and more than 40% annual growth that doesn't look like a lot of money that's growth at a fair cost how about semis you know when we brought up Nvidia Apple was right at the top of the market capitalization chain although it has undoubtedly had an amazing run not all of the stocks in this market are Nvidia how do you evaluate the semi-finals this is the one instance when I believe you have witnessed leadership truly fracturing or splitting and this has been the case throughout the spring summer and fall both the Nvidia chart and broadcom's performance are well known Applied Materials where are they lamb research is where where is asml Samsung where are you it is in my opinion the quickest of those that are regarded as leadership under the surface it is the weakest here only a quarter of the semis are above their 200 day moving average over the next four to 6 weeks semis do provide some decent seasonality if you had a bounce I believe I would be more likely to fade it rather than Chase it in the semi-finals I questioned you about birkshire selling Apple earlier so now I'll ask you about Nvidia its participation in the Dow and your thoughts on it in light of your observations over the years yes obviously on some level the Dow felt a little out of step with the current state of the economy because Intel had been included earlier Nvidia which accounts for 7% of the S and p500 had not been included one could argue that it is simply clinging to a high momentum play after its biggest gains have already occurred I was just examining the market capitalization comparison between nvdia and apple which is currently neck and neck Nvidia will receive almost half of the net income and a third of the revenue in the upcoming year it is evident that the stock is more costly but its growth rate is significantly faster first of all just because a stock is listed on the Dow has not provide you a fresh incen incentive to purchase it in the near future that's not a good incentive to buy according to history not much money is indexed to the Dow instead it focuses mostly on confirming its present position in the emerging it sector which we sort