Nvidia (NVDA) and CrowdStrike (CRWD) will report their Q2 earnings on August 27, putting two of Wall Street’s top growth stories in the spotlight at the same time. As earnings approach, the key question is not just if Nvidia or CrowdStrike will beat expectations, but which stock has the stronger long-term growth story. Let’s break it down.
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Nvidia has become the face of the AI boom, with soaring GPU demand powering everything from data centers to autonomous vehicles. CrowdStrike, meanwhile, delivers AI-driven cybersecurity solutions and is riding strong subscription growth and recurring revenue.
Is Nvidia a Good Stock to Buy Ahead of Q2 Earnings?
NVDA stock is up about 32% year-to-date, rebounding from earlier pressures tied to tariffs and chip export restrictions. In May, Nvidia warned it could take an $8 billion hit from China export restrictions. The company has since reached a deal with the Trump administration, agreeing to share 15% of revenue to resume sales of its H20 chip in China. However, Wednesday’s report will still show the full impact of those curbs.
For the upcoming quarter, Wall Street expects earnings of $1.01 per share on revenue of $45.9 billion, according to consensus estimates. Meanwhile, analysts remain highly bullish ahead of Q2 results, with many raising price targets and projecting record sales despite ongoing trade policy headwinds.
Most recently, Wedbush analyst Matt Bryson lifted his Nvidia price target from $175 to $210, pointing to strong AI spending by hyperscalers, steady GPU demand, and a possible rebound in China as growth drivers. Similarly, UBS analyst Timothy Arcuri raised his target to $205 from $175 and kept a Buy rating, saying demand signals remain “as strong as ever.” He expects Nvidia to beat estimates again, with revenue coming in roughly $1 billion above current forecasts.
Is CRWD Stock a Buy?
CrowdStrike stumbled last summer after a faulty update caused a global Microsoft (MSFT) Windows outage, pressuring earnings as it ramped up spending and discounts. But a year later, the company looks back on track. Sales surged 20% year over year last quarter to $1.10 billion, while adoption of bundled modules is rising and margins are set to improve. Notably, CRWD shares are up nearly 60% in the past year.
For Q2 FY26, analysts expect CrowdStrike to report earnings of $0.83 per share, down about 20% from a year ago. However, revenue is projected at nearly $1.15 billion, according to CrowdStrike’s Forecasts Page.
Additionally, Wall Street remains divided on CRWD stock ahead of the Q2 print. Most recently, five-star-rated analyst Shrenik Kothari at Robert W. Baird maintained a Hold rating on CrowdStrike, citing mixed factors. While the company has executed well, its recent underperformance versus peers has tempered expectations. The upcoming results could show tough year-over-year comparisons in revenue, but there’s still a reasonable path for investor sentiment to turn more positive.
On the other hand, Wells Fargo’s five-star-rated analyst Andrew Nowinski reiterated his Buy rating on CRWD stock last week, predicting over 30% upside from current levels. Nowinski noted that the demand has nearly recovered to pre-outage levels. While short-term growth may stay muted, he sees strong upside potential with performance expected to improve in the second half of the year.
NVDA or CRWD: Which Stock Offers Higher Upside, According to Analysts?
Using TipRanks’ Stock Comparison Tool, we have compared NVDA and CRWD to see which stock offers higher upside to investors. Nvidia stock currently holds a Strong Buy rating, with an average price target of $198.57, implying a 12% upside from current levels.
On the other hand, CRWD stock carries a Moderate Buy consensus among 38 analysts. CrowdStrike’s average stock price target of $497.15 suggests an upside of 18.21% from current levels.
Conclusion
Both CRWD and NVDA have performed well so far in 2025, but valuations remain steep, leaving little room for disappointment. As Q2 earnings approach, Nvidia looks set to reaffirm its dominance in chips, while CrowdStrike’s rebound story could surprise on the upside.
Broadly, analysts are more upbeat on Nvidia ahead of earnings, with expectations of stronger sales and a positive outlook likely to lift the stock.