Nvidia Prepares to Deliver Another 'Beat and Raise' Quarter

Nvidia Corporation (NVDA) is set to release its fiscal Q2 2027 earnings on August 26 after market close. The company's stock has been relatively calm in recent days, down 3.33% over the last five days and trading 8.5% below record highs hit in May.

Nvidia's Q1 earnings exceeded expectations, with revenue nearly doubling year-over-year to $92.01 billion, according to consensus estimates. Analysts expect another 'Beat and Raise' quarter, with Stifel's Ruben Roy predicting a strong performance.

However, some concerns have been raised about Nvidia's financing deals, including its agreement to provide guarantees for up to $105 billion for OpenAI's Ohio data center. Bank of America's Vivek Arya finds NVDA's valuations 'compelling' but notes the potential risks associated with this commitment.