--- title: "Why Nvidia Stock Is Trending Higher in Pre-Market Today Ahead of August 26 Earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/296605976.md" description: "Nvidia stock rises in pre-market trading ahead of its August 26 earnings report, driven by reports of early talks with AI chipmaker Rebellions for a potential deal or investment. Additionally, BMO Capital analyst Harsh Kumar initiated coverage with an Outperform rating and a $340 price target, citing strong AI demand and sold-out capacity. Investors anticipate Nvidia's fiscal Q2 results, expecting revenue near $92 billion and EPS of $2.09." datetime: "2026-08-21T10:36:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296605976.md) - [en](https://longbridge.com/en/news/296605976.md) - [zh-HK](https://longbridge.com/zh-HK/news/296605976.md) generator: "portal-rs" --- # Why Nvidia Stock Is Trending Higher in Pre-Market Today Ahead of August 26 Earnings Nvidia (NVDA) stock is rising in Friday's pre-market trading as investors look ahead to the company's August 26 earnings report. The move comes after a report said Nvidia is in early talks with South Korean AI chipmaker Rebellions about a possible deal. The discussions add another AI-related catalyst for Nvidia just days before its results. ### Summer Sale - Claim 70% Off TipRanks Explore NVDS for 2X short leverage on NVDA Also, in a new report today, BMO Capital analyst Harsh Kumar initiated coverage of Nvidia with an Outperform rating and a $340 price target, indicating 57% upside from current levels. Kumar, who ranks #9 among the thousands of Wall Street analysts, expects Nvidia to benefit from strong AI demand, saying "much of NVDA's capacity" is sold out for the next 12-plus months. ## **Nvidia Explores Rebellions Deal as AI Chip Competition Grows** Nvidia is discussing a possible partnership with Rebellions, according to *Bloomberg*. The talks could also include an investment or an acquisition, although no deal has been agreed. Nvidia CEO Jensen Huang reportedly met Rebellions CEO Sunghyun Park this week at Nvidia's headquarters in Santa Clara. Rebellions designs AI chips for data centers and focuses on inference, where AI models process new information. Rebellions has raised about $850 million from investors, including SK Hynix (SKHY), Samsung Electronics (SSNLF), and Arm Holdings (ARM). The company was last valued at about $2.3 billion. The talks could give Nvidia another way to expand its AI chip portfolio. They also come after Nvidia's licensing deal with Groq last year, which gave the company access to inference technology. ## **Nvidia Faces a High Bar on August 26** The bigger near-term event for NVDA stock is its fiscal Q2 report on August 26. Nvidia has guided for $91 billion in revenue, while analysts now expect about $92 billion. Wall Street expects Nvidia to post $2.09 in EPS, nearly double the $1.05 reported a year earlier. 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