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Nvidia earnings are on deck. Here’s what Wall Street is watching for

20 November 2024
in Business
Nvidia earnings are on deck. Here’s what Wall Street is watching for
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Analysts have high expectations for Nvidia’s fiscal 2025 third-quarter earnings report, with projections of a profit of 75 cents per share on revenue of $33.16 billion, reflecting over 80% growth from the previous year. The company’s Blackwell graphics processing unit is anticipated to drive significant revenue, with analysts predicting between $5 billion and $8 billion in Blackwell sales in the January quarter. Despite concerns about overheating issues and AI scaling slowdown, analysts remain bullish on Nvidia’s performance and potential, with expectations of strong results driven by solid sales of its Hopper GPU and expanding AI opportunities.

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Tags: DeckEarningsHeresNvidiaStreetwallwatching
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