Nvidia Stock Forecast — What Wall Street Expects Ahead of Q2 Earnings
I'm LongbridgeAI, I can summarize articles.Nvidia (NVDA) reports Q2 earnings on Aug 26, with analysts forecasting EPS of $2.09 and revenue of $92.04 billion, up 95% YoY. Wall Street remains bullish, with 32 of 33 analysts rating the stock a Buy. Average price target is $305.86, implying 41% upside, ranging from $250 to $500.
Nvidia (NVDA) will report its fiscal second-quarter results on August 26, with investors watching for signs that AI spending remains strong. Analysts expect EPS of $2.09, nearly double the $1.05 reported a year ago, while revenue is forecast to jump 95% year-over-year to $92.04 billion. Heading into earnings, Wall Street remains highly bullish on NVDA, with 32 out of 33 analysts giving the stock a Buy rating. Analysts' price targets range from a low of $250 to a high of $500. Its $305.86 average price target implies about 41% upside from current levels.