Nvidia Earnings: Key Insights and Future Predictions as Company Surges
Nvidia Earnings: A Snapshot of the Upcoming Report
Nvidia will announce results for the second quarter of its fiscal 2025 after today’s close. Analysts polled by FactSet expect to see another set of incredible numbers, with quarterly sales of $28.7 billion. That would be a 10% increase from the previous quarter and a 113% increase from the year-earlier quarter.
Analyst Predictions and Stock Performance
- The company’s quarterly earnings per share are expected to come in at 65 cents, up from 61 cents the previous quarter and 27 cents a year earlier.
- After a split-adjusted 159% increase this year, Nvidia closed at $128.30 on Tuesday.
- A remarkable 92% of analysts polled rate Nvidia as a 'buy' or equivalent.
Market Position and Future Outlook
Despite strong ratings, the analysts’ consensus price target for Nvidia is $142.63, implying an 11% upside for the stock over the next 12 months. This positions Nvidia among the top stocks in the S&P 500 with favorable ratings.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.