NVIDIA is expected to report strong Q4 results, with analysts predicting significant profit increase
From Nasdaq: 2025-01-22 07:36:28
NVIDIA Corporation (NVDA) leads as the largest semiconductor company globally, valued at $3.4 trillion. Known for groundbreaking work in accelerated computing, NVIDIA’s GPU invention revolutionized PC gaming, AI, and the metaverse. With Q4 results expected to show a 61.2% profit increase, analysts predict strong growth with an EPS of $0.79 per share.
NVDA stock prices have surged 136.7% in the last 52 weeks, outperforming S&P 500 and XLK. The increasing demand for semiconductor chips due to AI adoption has driven NVIDIA’s growth. Following record Q3 results, including a 112% increase in Data Center revenue, analysts maintain a consensus “Strong Buy” rating with a mean price target of $176.55.
NVIDIA’s impressive Q3 results, with record Data Center revenue and total revenues reaching $35.1 billion, have fueled optimism for continued growth. The company anticipates a 6.8% quarter-on-quarter revenue increase for Q4. Analysts are bullish on NVDA’s prospects, with a majority recommending a “Strong Buy” rating and a 25.4% premium price target of $176.55.
Read more at Nasdaq: What You Need to Know Ahead of NVIDIA’s Earnings Release
