Colette Kress

Person

Last mentioned: Mar 6, 2026

Stories mentioning Colette Kress 2

Earnings Bullish

UBS Sets $245 Target for Nvidia as Data Center Growth Defies Margin Skeptics

UBS has reiterated a Buy rating on Nvidia with a $245 price target following a record-breaking fiscal fourth quarter that saw revenue surge 73% to $68.1 billion. The bullish outlook is underpinned by massive beats in forward guidance and the resilience of 75% gross margins despite increasing competition in the AI hardware space.

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Earnings Very Bullish

Nvidia Q4 Earnings: AI Demand Diversification Drives Record Revenue Beat

Nvidia reported fourth-quarter fiscal 2026 results that significantly outperformed Wall Street expectations, fueled by a massive shift toward GPU-accelerated AI computing. While hyperscalers remain the primary revenue source, CFO Colette Kress highlighted a strategic shift toward a more diversified data center customer base.

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