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NVDA
Benzinga
174 days

Nvidia Stock Stumbles Into Q4 Earnings: Can It Defy NVDA Bears?

1. Nvidia to report Q4 earnings, expecting $0.84 EPS and $38.05B revenue. 2. Stock has risen 60.11% over the past year but down 8.44% YTD. 3. Current bearish momentum, trading below key moving averages. 4. Consensus Buy rating with a target price of $172.28, indicating 52% upside. 5. Technical indicators suggest potential stabilization but caution remains.

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FAQ

Why Bearish?

The stock currently exhibits bearish momentum with negative technical indicators, potentially dragging prices down before earnings.

How important is it?

The imminent earnings report is critical to investor sentiment, with bearish movement hinting at possible negative results.

Why Short Term?

Nvidia's near-term price is influenced by upcoming earnings, which could cause immediate market reactions.

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