Nvidia, Okta and Cognex On CNBC’s ‘Final Trades’ - NVIDIA (NASDAQ:NVDA)
CNBC's 'Final Trades' featured analysts discussing Nvidia (NVDA), Okta (OKTA), Cognex (CGNX), and Delta Air Lines (DAL). Nvidia's stock hit a record high after announcing a $150B share buyback. Okta's price target was raised to $245. Cognex agreed to acquire RealSense for $500M. Delta Air is set to report Q3 earnings.
How this was made
The 30-second read
Why it matters
Provides short‑term trade ideas but no breakthrough news; price moves reflect existing sentiment.
Market read
Highlights near‑term bullish calls for Nvidia and Cognex, modest outlook for Okta and Delta Air.
What to watch
Potential supply‑chain constraints for Nvidia and broader macro headwinds could temper gains.
Background
The article summarizes final‑trade picks from CNBC's Halftime Report, featuring analyst calls and upcoming earnings.
Ticker impact
Analyst Bryn Talkington expects Nvidia to go much higher and Cantor maintains a $350 price target.
likely upward pressure as investors price in higher target.
Analyst upgrade and high price target suggest bullish sentiment.
Morgan Stanley raised Okta's price target to $245, but the stock fell 0.5% after the recommendation.
potential modest upside if target is absorbed, but near‑term pressure remains.
Target increase is modest and price already slipped.
Cognex announced acquisition of RealSense for $500 million, expanding its market.
upward pressure as the deal adds strategic value.
Deal size is material for a mid‑cap and the stock rose 4.4%.
Delta Air is slated to release Q3 earnings; analysts expect $1.88 EPS on $18.83 B revenue.
limited movement until earnings release; slight downside risk if guidance misses.
No new data yet, only expectations.
Market effects
AI chip demand continues to buoy semiconductor sector.
U.S. tech stocks see modest activity ahead of earnings season.
Limited; primarily U.S. equity focus.
Counterpoint
Some investors may view the analyst optimism as overhyped given recent volatility.
Key entities
- AnalystBryn Talkington
Managing partner of Requisite Capital Management, bullish on Nvidia.
- Analyst FirmMorgan Stanley
Raised Okta price target.
