Nvidia (NVDA) is about to unveil its second-quarter results, an announcement particularly awaited by investors. The exceptional performance of AI and data center chips is generating high expectations on Wall Street. Forecasts indicate a spectacular 53% increase in revenue. Analysts are predicting earnings of $1.01 per share, signaling an impressive 49% growth compared to the previous year. The upcoming results could reshape the technology landscape, which is why there is palpable attention towards the performance of this flagship company.
Nvidia (NVDA): Anticipated Second Quarter Results
Nvidia, a giant in the technology sector, is set to publish its financial results for the second quarter of fiscal year 2026 tomorrow, August 27. The valuation of the NVDA stock has seen an increase of 42% over the past year. This rise is primarily due to the exponential demand for AI-capable chips and data center servers.
Revenue and Earnings Forecasts
Wall Street analysts anticipate strong growth in revenue and earnings for Nvidia this quarter. Forecasts suggest earnings per share of $1.01, representing a 49% increase compared to the previous year. Revenues are also expected to rise by 53% compared to the same period last year, reaching $46.05 billion. Nvidia has surpassed Wall Street analysts’ earnings forecasts for the last nine consecutive quarters.
Analysts’ Opinions Before Results
As the announcement of results approaches, NVDA stock has received numerous buy recommendations. John Vinh, an analyst at KeyBanc, has maintained his buy rating while raising the price target to $215, up from $190. He observes solid results for the July quarter, supported by robust demand for AI products and an increase in server shipments due to improved manufacturing yields.
Vinh has also raised his revenue forecasts for the second quarter to $47.1 billion, exceeding market expectations of $45.7 billion. However, he has downwardly adjusted his forecasts for the third quarter to $50.4 billion, excluding contributions from China, which remains slightly below consensus estimates.
Ruben Roy, an analyst at Stifel, shares a similar view. He has also maintained his buy rating and raised his price target to $212, offering an upside potential of 19% from current levels. Roy mentions the strong demand for Nvidia’s Blackwell chips as well as the growing momentum for its next-generation products.
Option Traders’ Expectations
Options traders are also expressing their expectations ahead of the earnings announcement. According to TipRanks’ Options tool, the anticipated earnings variation is calculated based on the nearest at-the-money option expiring after the earnings release. Currently, traders anticipate a movement of 6.68% in either direction.
Price Target for Nvidia Stock
Currently, NVDA holds a consensus strong buy rating, with 36 buys, three holds, and one sell in the last three months, according to TipRanks. At $199.94, the price target for Nvidia stock suggests an upside potential of 11.20%.
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Frequently Asked Questions about Nvidia (NVDA) Second Quarter Results
When does Nvidia (NVDA) unveil its second quarter results?
Nvidia will publish its second quarter results tomorrow, August 27.
What are analysts’ expectations regarding Nvidia’s earnings for the second quarter?
Analysts expect Nvidia to report earnings of $1.01 per share, representing a 49% increase over the previous year.
How are Nvidia’s revenues projected for the second quarter?
Nvidia’s revenues are expected to be $46.05 billion, which is an increase of 53% compared to the same quarter last year.
Has Nvidia exceeded analysts’ earnings forecasts in the past?
Yes, Nvidia has exceeded Wall Street’s earnings forecasts for the last nine consecutive quarters.
What factors could support Nvidia’s results for this quarter?
The results are expected to be supported by strong demand for AI products and an increase in server shipments due to improved manufacturing yields.
What is the consensus among analysts regarding Nvidia stock?
The consensus among analysts on Nvidia stock is a “Strong Buy,” based on 36 buy recommendations, three holds, and one sell over the last three months.
What is the options traders’ forecast for Nvidia stock after the earnings announcement?
Options traders anticipate a movement of 6.68% in either direction after the earnings announcement.
What is the price target for Nvidia stock according to analysts?
The price target for Nvidia stock is $199.94, implying an upside potential of 11.20% from the current price.
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