NVDA's stock may hit $240 or $205 by August 29 as Q2 FY2027 earnings drop on Aug 26 aiming for a beat-and-raise to $102B Q3 guidance.

The tokenized stock of NVDA is currently priced at $217.31 and is anticipated to stay flat leading up to the Q2 FY2027 earnings report, which is set to be released on August 26. This upcoming report is seen as a pivotal moment for the company, with investors hoping for a strong performance. If NVDA manages to exceed expectations and provide a positive outlook for Q3 with a projected revenue of $102 billion, analysts predict that the stock could surge towards $240.