This article first appeared on GuruFocus.

Nvidia (NASDAQ:NVDA) shares are in focus even after several Wall Street firms raised their price targets ahead of the chipmaker's next earnings report.

Oppenheimer lifted its target on the stock to $265 from $225, keeping an Outperform rating. Susquehanna raised its view to $230 from $210 and reiterated a Positive stance. Both firms pointed to strong demand for Nvidia's artificial intelligence chips and steady data center growth as reasons for their higher expectations.

Warning! GuruFocus has detected 7 Warning Signs with NVDA.

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Even with those upbeat calls, investors seemed cautious. Nvidia shares have already climbed more than 140% this year, making it one of the market's best-performing tech names in 2025. Some traders may be taking profits before results land next week.

Analysts say next week's earnings will be key in showing whether Nvidia can keep up its rapid growth pace as competition in AI chips intensifies and valuations remain elevated.