Nvidia earnings after the shut. What is predicted?

Nvidia will announce its earnings after the shut in the present day. Sharea are decrease in the present day with the worth buying and selling down about -$three.00 or -2.10%. at $144.00. The all-time excessive closing stage is at $148.88.

What are the expectations?

Earnings Expectations

• Adjusted quarterly earnings: $zero.74 per share versus $zero.40 final yr (85% YoY improve)

• Income: $33.2 billion versus $18.12 billion final yr (84% YoY improve)

• Fiscal This autumn gross sales steerage: $37.7 billion (KeyBanc estimate, down from $40 billion)

• Fiscal This autumn earnings outlook: $zero.83 per share (KeyBanc estimate, down from $zero.88 per share)

Analyst Sentiment

• 90% of Wall Avenue analysts advocate shopping for the inventory

• KeyBanc maintains Obese score and $180 value goal

Drivers

• Sturdy demand for AI infrastructure and Blackwell AI chips. Jensen Huang known as demand for it is latest Blackwell chip “insane” again on October three

• Rising demand in robotics and conventional computing sectors

• Rising demand from AI software program builders

Challenges

• Reported overheating points with Blackwell servers (unconfirmed by Nvidia)

• Provide chain challenges round manufacturing ramp

• Elevated stress amongst China hyperscalers to make use of home AI options.

Final quarter earnings got here in at $zero.68 versus $zero.647 estimate. Revenues had been at $30.04 billion versus $28.74 billion. Shares fell -6.38% from $125.61 to a closing stage to $117.59 the subsequent day. The worth fell -18.14% to its low shut on September 6 at $102.83 earlier than beginning its rebound to the upside which reached a brand new file stage of $149.77 intraday on November eight.

Shares in 2024 are up about 192%

This text was written by Emma Wang at www.ubaidahsan.com.



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