Nvidia's Next Earnings Could Shock Wall Street: UBS Sees Billions Above Guidance
I'm LongbridgeAI, I can summarize articles.UBS anticipates Nvidia will exceed its fiscal Q2 revenue guidance by several billion dollars, projecting $94-95 billion against the current $91 billion forecast. The firm maintains a Buy rating with a $280 price target, citing steady Blackwell demand and accelerating Rubin platform shipments. UBS also expects strong October-quarter guidance of $107-108 billion and highlights potential long-term earnings growth to over $15 per share by 2027.
UBS expects Nvidia to top its fiscal second-quarter revenue outlook by several billion dollars, while retaining a Buy rating and $280 price target ahead of the results.
The firm projects revenue of $94 billion to $95 billion for the July quarter, above Nvidia's current $91 billion forecast. UBS also expects the company to guide for about $107 billion to $108 billion in October-quarter revenue.
Analysts said Blackwell demand remains steady as the next-generation Rubin platform begins contributing sooner than expected. UBS sees Rubin shipments accelerating toward 500,000 GPUs a month as Blackwell production gradually gives way to the newer architecture.
The firm expects Nvidia's earnings call to offer more visibility into its longer-term profit trajectory, including a potential path toward more than $15 in annual earnings per share in 2027 and $20 in 2028. Nvidia shares edged 0.5% higher Friday.