Nvidia earnings: what to expect

Nvidia (NASDAQ:NVDA) is set to announce its highly anticipated third-quarter earnings, with expectations high for the AI company to beat projections and raise Q4 guidance. The stock has seen significant growth, becoming the world’s most valuable company, driven by its GPUs supporting AI. Analysts forecast Q3 revenue of $33.16 billion and EPS of $0.75, with a focus on Blackwell GPU sales and potential market reaction to guidance updates. Despite potential risks and high expectations, industry analysts expect Nvidia’s stock to continue gaining over the next 12 months, with a median target of $165 implying a 12.2% increase.

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