Stocks
Nvidia Stock Poised for Gains After August 26 Earnings Report
Nvidia (NASDAQ: NVDA) is set to release its earnings report on August 26, and analysts are expecting the company to post revenue of about $91.9 billion and earnings per share of $2.07.
According to a ChatGPT analysis, the most likely outcome is that Nvidia reports revenue of $93 billion to $95 billion, ahead of consensus estimates, with earnings per share of $2.10 to $2.18.
The forecast assumes strong Blackwell demand and guidance that modestly exceeds expectations.
Nvidia stock could gain 4% to 8%, implying a post-earnings range of roughly $230 to $242, with a projected price near $238.