<p>与 <strong>Nvidia</strong>(NVDA 1.65%) 的紧张时刻应该已经结束。今年，该芯片股一度暴跌 37%。然而，随后它强劲反弹。Nvidia 的股票目前年初至今上涨超过 30%。</p>
<p>Nvidia 的势头是否会在仅几天后即将到来的潜在催化剂的推动下加速？该公司将在 8 月 27 日公布其 2026 财年第二季度的业绩。华尔街似乎并不期待 Nvidia 会有大幅上涨。但分析师可能会错。</p>
<h2>低预期？</h2>
<p>可以肯定的是，华尔街对 Nvidia 的 2026 财年第二季度更新寄予厚望。共识预期调整后的每股收益（EPS）为 1.01 美元。如果 Nvidia 达到了这个目标，将意味着同比增长 48.5%。</p>
<p>分析师对该公司 2026 财年第二季度收入的平均预期为 460 亿美元。去年同期，Nvidia 的收入略超过 300 亿美元。如果公司达到了华尔街的预期，其收入将同比激增约 53.1%。</p>
<p>这些预期显然并不反映出对 Nvidia 的低预期。然而，分析师似乎仍然认为第二季度的更新不会成为股票的重大催化剂。我们怎么知道这一点？只需看看华尔街对 Nvidia 的目标价。</p>
<p>该股票的平均目标价仅比当前股价高出约 8%。不过，请记住，这个目标是 12 个月的。如果分析师认为 Nvidia 的股价在一年后仅会高出 8% 左右，他们几乎肯定不期待本周会有大幅波动。</p>
<h2>为什么 Nvidia 在第二季度更新后可能会飙升</h2>
<p>尽管如此，Nvidia 的股票在公司公布 2026 财年第二季度业绩后仍可能飙升。一个可能性是 Nvidia 的收益远超预期。这并不是不可能的事件：这家 GPU 制造商在过去四个季度中轻松超过了共识 EPS 预期。</p>
<p>当然，Nvidia 过去的盈利超预期并不总是导致其股价大幅飙升。例如，该公司在 2026 财年第一季度的调整后每股收益比华尔街共识高出 0.06 美元。Nvidia 的股票在第二天上涨了约 3%——这并不算差，但也没有什么值得兴奋的。</p>
<p>然而，令人惊讶的强劲 2026 财年第二季度业绩可能足以激发投资者的热情。如果 Nvidia 确实提供了远超预期的好消息，可能是因为其新款 Blackwell GPU。首席财务官 Colette Kress 在 2026 财年第一季度的财报电话会议上表示，Blackwell 的生产提升是 “我们公司历史上最快的”。</p>
<p>我怀疑 Nvidia 的股票在第二季度更新后可能飙升的更合理原因是，如果管理层在财报电话会议上给出特别乐观的评论。Nvidia 的一些主要客户在最近的季度更新中提供了强有力的暗示，以支持这一情景。<strong>亚马逊</strong>、<strong>微软</strong>、谷歌母公司 <strong>Alphabet</strong> 和 <strong>Meta Platforms</strong> 讨论了对 AI 基础设施的增加投资，这可能会转化为对 Nvidia 芯片的更大需求。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzA2MTgvZGF0YS1jZW50ZXItaW5mcmFzdHJ1Y3R1cmUtaW5mb3JtYXRpb24tdGVjaG5vbG9neS5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="393" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzA2MTgvZGF0YS1jZW50ZXItaW5mcmFzdHJ1Y3R1cmUtaW5mb3JtYXRpb24tdGVjaG5vbG9neS5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<p>投资者也可能会对 Nvidia 首席执行官黄仁勋在向中国销售更先进的 AI 芯片方面的进展给予任何积极更新表示赞赏。黄仁勋最近表示，公司正在与美国政府讨论这一可能性。</p>
<h2>华尔街可能在一件事上是对的</h2>
<p>Nvidia 的股价在公司公布 2026 财年第二季度更新后会大幅上涨吗？我们要等到本周晚些时候才能确定。然而，我认为华尔街在一件事上可能是对的：该股票仍然是一个不错的选择。</p>
<p>在 8 月份对 Nvidia 进行调查的 65 位分析师中，有 58 位将该股票评级为 “买入” 或 “强烈买入”。许多分析师可能不会期待 Nvidia 的股价在接下来的几天内显著上涨，但他们似乎对长期持乐观态度。</p>

英伟达

2 倍做多英伟达 ETF - GraniteShares

南方两倍做多英伟达

南方两倍做空英伟达

英伟达期权收益策略 ETF - YieldMax

1 倍做空英伟达 ETF - Direxion

2 倍做多 NVDA ETF - T-Rex

2 倍做空 NVDA ETF - T-Rex

半导体 3 倍做多 - Direxion

<p>华尔街对英伟达在 8 月 27 日发布的 2024 财年第二季度业绩持谨慎态度，分析师预计调整后的每股收益为 1.01 美元，收入为 460 亿美元，反映出显著的同比增长。尽管对股价大幅上涨的预期较低，但如果英伟达超出盈利预期或提供乐观的指引，尤其是在其新款 Blackwell GPU 和人工智能芯片的需求方面，可能会表现优于预期。大多数分析师对其长期前景持积极态度，65 名分析师中有 58 名将该股票评级为 “买入” 或 “强烈买入”</p>

<p>The fingernail-biting phase with <strong>Nvidia</strong>(NVDA 1.65%) should now be over. Sure, the chip stock plunged 37% at one point this year. However, it has since rebounded strongly. Nvidia's stock is now up more than 30% year to date.</p>
<div class="lb-trans"><p>与 <strong>Nvidia</strong>(NVDA 1.65%) 的紧张时刻应该已经结束。今年，该芯片股一度暴跌 37%。然而，随后它强劲反弹。Nvidia 的股票目前年初至今上涨超过 30%。</p>
</div><p>Could Nvidia's momentum accelerate with a potential catalyst only a few days away? The company reports its fiscal 2026 second-quarter results on Aug. 27. Wall Street doesn't appear to be expecting a big pop for Nvidia. But analysts could be wrong.</p>
<div class="lb-trans"><p>Nvidia 的势头是否会在仅几天后即将到来的潜在催化剂的推动下加速？该公司将在 8 月 27 日公布其 2026 财年第二季度的业绩。华尔街似乎并不期待 Nvidia 会有大幅上涨。但分析师可能会错。</p>
</div><h2>Low expectations?</h2>
<div class="lb-trans"><h2>低预期？</h2>
</div><p>To be sure, Wall Street is looking for great numbers from Nvidia's fiscal Q2 update. The consensus estimate is for adjusted earnings per share (EPS) of $1.01. If Nvidia hits that mark, it will represent year-over-year growth of 48.5%.</p>
<div class="lb-trans"><p>可以肯定的是，华尔街对 Nvidia 的 2026 财年第二季度更新寄予厚望。共识预期调整后的每股收益（EPS）为 1.01 美元。如果 Nvidia 达到了这个目标，将意味着同比增长 48.5%。</p>
</div><p>The average estimate among analysts for the company's fiscal Q2 revenue is $46 billion. In the same period last year, Nvidia generated revenue of a little over $30 billion. If the company meets Wall Street's projection, its revenue will soar roughly 53.1% year over year.</p>
<div class="lb-trans"><p>分析师对该公司 2026 财年第二季度收入的平均预期为 460 亿美元。去年同期，Nvidia 的收入略超过 300 亿美元。如果公司达到了华尔街的预期，其收入将同比激增约 53.1%。</p>
</div><p>Those estimates clearly don't reflect low expectations for Nvidia. However, analysts nonetheless don't seem to think the Q2 update will serve as a significant catalyst for the stock. How can we know that? Just look at Wall Street's price targets for Nvidia.</p>
<div class="lb-trans"><p>这些预期显然并不反映出对 Nvidia 的低预期。然而，分析师似乎仍然认为第二季度的更新不会成为股票的重大催化剂。我们怎么知道这一点？只需看看华尔街对 Nvidia 的目标价。</p>
</div><p>The average price target for the stock is only around 8% higher than the current share price. Keep in mind, though, that this is a 12-month target. If analysts think that Nvidia's share price will be only 8% or so higher a year from now, they're almost certainly not anticipating a big move this week.</p>
<div class="lb-trans"><p>该股票的平均目标价仅比当前股价高出约 8%。不过，请记住，这个目标是 12 个月的。如果分析师认为 Nvidia 的股价在一年后仅会高出 8% 左右，他们几乎肯定不期待本周会有大幅波动。</p>
</div><h2>Why Nvidia could soar after its Q2 update</h2>
<div class="lb-trans"><h2>为什么 Nvidia 在第二季度更新后可能会飙升</h2>
</div><p>Nvidia's stock could still soar after the company reports its fiscal Q2 results, though. One possibility is that Nvidia delivers much higher earnings than expected. This isn't an unlikely event: The GPU maker has easily topped consensus EPS estimates in each of the past four quarters.</p>
<div class="lb-trans"><p>尽管如此，Nvidia 的股票在公司公布 2026 财年第二季度业绩后仍可能飙升。一个可能性是 Nvidia 的收益远超预期。这并不是不可能的事件：这家 GPU 制造商在过去四个季度中轻松超过了共识 EPS 预期。</p>
</div><p>Granted, Nvidia's past earnings beats haven't always caused its share price to surge by a jaw-dropping level. For example, the company's adjusted earnings per share were $0.06 higher than the Wall Street consensus in fiscal Q1. Nvidia's stock rose around 3% the next day -- not bad, but not anything to get excited about.</p>
<div class="lb-trans"><p>当然，Nvidia 过去的盈利超预期并不总是导致其股价大幅飙升。例如，该公司在 2026 财年第一季度的调整后每股收益比华尔街共识高出 0.06 美元。Nvidia 的股票在第二天上涨了约 3%——这并不算差，但也没有什么值得兴奋的。</p>
</div><p>However, surprisingly strong fiscal Q2 results just might be enough to fire up investors. If Nvidia does deliver much better news than expected, it will probably be because of its new Blackwell GPUs. CFO Colette Kress said in the fiscal Q1 earnings call that the Blackwell ramp-up has been &#34;the fastest in our company's history.&#34;</p>
<div class="lb-trans"><p>然而，令人惊讶的强劲 2026 财年第二季度业绩可能足以激发投资者的热情。如果 Nvidia 确实提供了远超预期的好消息，可能是因为其新款 Blackwell GPU。首席财务官 Colette Kress 在 2026 财年第一季度的财报电话会议上表示，Blackwell 的生产提升是 “我们公司历史上最快的”。</p>
</div><p>I suspect that a more plausible reason Nvidia's stock could take off following its Q2 update is if management gives especially bullish commentary in the earnings call. There have been solid hints from several of Nvidia's major customers in their own recent quarterly updates to support this scenario. <strong>Amazon</strong>, <strong>Microsoft</strong>, Google parent <strong>Alphabet</strong>, and <strong>Meta Platforms</strong> discussed increased investments in AI infrastructure, which will probably translate to more demand for Nvidia's chips.</p>
<div class="lb-trans"><p>我怀疑 Nvidia 的股票在第二季度更新后可能飙升的更合理原因是，如果管理层在财报电话会议上给出特别乐观的评论。Nvidia 的一些主要客户在最近的季度更新中提供了强有力的暗示，以支持这一情景。<strong>亚马逊</strong>、<strong>微软</strong>、谷歌母公司 <strong>Alphabet</strong> 和 <strong>Meta Platforms</strong> 讨论了对 AI 基础设施的增加投资，这可能会转化为对 Nvidia 芯片的更大需求。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzA2MTgvZGF0YS1jZW50ZXItaW5mcmFzdHJ1Y3R1cmUtaW5mb3JtYXRpb24tdGVjaG5vbG9neS5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F830618%2Fdata-center-infrastructure-information-technology.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>Investors could also applaud any positive updates from Nvidia CEO Jensen Huang on progress toward selling more advanced AI chips to China. Huang recently stated that the company is talking with the U.S. government about this possibility.</p>
<div class="lb-trans"><p>投资者也可能会对 Nvidia 首席执行官黄仁勋在向中国销售更先进的 AI 芯片方面的进展给予任何积极更新表示赞赏。黄仁勋最近表示，公司正在与美国政府讨论这一可能性。</p>
</div><h2>Wall Street is probably right about one thing</h2>
<div class="lb-trans"><h2>华尔街可能在一件事上是对的</h2>
</div><p>Will Nvidia's share price pop after the company's fiscal Q2 update? We won't know for sure until later this week. However, I think Wall Street is probably right about one thing: The stock remains a good pick.</p>
<div class="lb-trans"><p>Nvidia 的股价在公司公布 2026 财年第二季度更新后会大幅上涨吗？我们要等到本周晚些时候才能确定。然而，我认为华尔街在一件事上可能是对的：该股票仍然是一个不错的选择。</p>
</div><p>Of the 65 analysts surveyed by <strong>LSEG</strong> in August who cover Nvidia, 58 rated the stock as a &#34;buy&#34; or a &#34;strong buy.&#34; Many of these analysts might not look for Nvidia's share price to rise appreciably over the next few days, but they seem to be optimistic about the longer term.</p>
<div class="lb-trans"><p>在 8 月份对 Nvidia 进行调查的 65 位分析师中，有 58 位将该股票评级为 “买入” 或 “强烈买入”。许多分析师可能不会期待 Nvidia 的股价在接下来的几天内显著上涨，但他们似乎对长期持乐观态度。</p>
</div>

Wall Street Isn't Expecting a Big Pop for Nvidia Stock on Aug. 27. Here's Why Analysts Could Be Wrong.

- Nvidia 股票在今年一度下跌 37%，但现已反弹超过 30%。  
- 分析师预计其第二季度调整后每股收益为 $1.01，营收为 $460 亿。  
- 尽管短期内预期不高，强劲的财报可能推动股价上涨。  

华尔街并不预期英伟达的股票会在 8 月 27 日大幅上涨。以下是分析师可能会出错的原因