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Nvidia Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - NVIDIA (NASDAQ:NVDA)

1. Nvidia's Q4 earnings expected at 85 cents per share, significantly up from last year. 2. Projected revenue of $38.16 billion, a substantial increase from $22.1 billion. 3. Nvidia has consistently beaten revenue estimates for nine consecutive quarters. 4. Recent analyst ratings are mostly positive, with price targets ranging from $152 to $220. 5. Nvidia shares fell 2.8% to close at $126.63 prior to earnings release.

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FAQ

Why Bullish?

The expected earnings increase and revenue growth suggest positive momentum, similar to past performance where earnings beats led to price increases.

How important is it?

The significant anticipated growth in earnings and revenue is likely to influence investor sentiment and trading patterns immediately surrounding the earnings announcement.

Why Short Term?

Immediate focus is on upcoming earnings release, which typically drives short-term price movements.

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