1. Nvidia to report Q4 earnings after market close. Strong demand expected. 2. Record revenue target of $38.32B with 73% YoY growth. Analysts favor record sales. 3. Consensus target near $175 implies 26% upside. Almost all ratings are bullish. 4. UBS upgrades Blackwell revenue estimates amid supply chain improvements. Competition viewed as positive.
Strong Q4 projections and nearly unanimous buy ratings historically drive short-term surges in NVDA shares. Past earnings beats in the semiconductor industry have led to immediate share price rallies.
The article outlines record revenue estimates and strong chip demand, accompanied by bullish analyst ratings, thereby likely impacting NVDA’s short-term performance significantly.
Earnings announcements swiftly affect NVDA’s stock price movements, as demonstrated in prior quarters following robust earnings reports.