From Nasdaq: 2024-11-15 09:15:14

Nvidia’s upcoming report is anticipated to show earnings of $0.74 per share, an 85% increase from last year. Revenue is forecasted at $32.81 billion, up 81.1%. Analysts have revised EPS estimates by 1.5% in the last 30 days, reflecting potential investor reactions to the stock.

Analysts predict ‘Revenue- Gaming’ at $3.06 billion (+7.3%), ‘Revenue- Professional Visualization’ at $493.15 million (+18.6%), ‘Revenue- Data Center’ at $28.65 billion (+97.4%), ‘Revenue- OEM and Other’ at $87.28 million (+19.6%), and ‘Revenue- Automotive’ at $360.82 million (+38.3%).

Nvidia shares have seen a +7.2% return in the last month, outperforming the market. With a Zacks Rank #1 (Strong Buy), NVDA is expected to continue outperforming. The solar industry is expected to boom as companies transition to clean energy for the AI boom, with solar predicted to account for 80% of renewable energy expansion, presenting a significant investment opportunity.



Read more at Nasdaq: Exploring Analyst Estimates for Nvidia (NVDA) Q3 Earnings, Beyond Revenue and EPS