Nvidia Earnings Week: Stocks Expected to See Large Price Swings
Nvidia's earnings week is one of the most important quarters of the year, with its fiscal second-quarter 2027 results set to be released on Wednesday. The world's largest company has an implied move of 5.27% in the options market, which translates to around $275 billion in market value swinging in a single session.
However, according to Benzinga Pro, other companies are expected to see larger moves than Nvidia. Intuit is projected to have a 9.28% implied move, followed closely by Autodesk with a 10.01% move. Other notable mentions include Williams-Sonoma, Marvell Technology, and Affirm Holdings.
These companies will be releasing their earnings reports on various days throughout the week, with Intuit reporting on August 25 after the close. Analyst consensus calls for $4.27 billion in revenue and earnings at $3.58 per share. Small-business and online ecosystem revenue, Credit Karma, and full-year guidance are key areas of focus.
Nvidia's stock has been down 42% this year, while Intuit is down by a similar margin. The options market is pricing in a significant amount of volatility for these companies, with some analysts expecting big moves.