All eyes are on Nvidia (NVDA) as the chipmaker reports fiscal third-quarter earnings after the bell today. Wall Street analysts are projecting more than 50% year-over-year growth, with revenue expected to surpass $50 billion for the first time and adjusted earnings per share of about $1.25.
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With Nvidia’s market value recently topping $5 trillion, the stakes are high. A beat could extend the rally, while any miss might trigger a sell-off across the tech stocks.
Key Investor Focus Areas
In the upcoming earnings report, the spotlight will be on the Data Center segment, which is expected to account for nearly 90% of revenue. Investors are eager to see whether hyperscalers such as Amazon (AMZN), Microsoft (MSFT), and Google (GOOGL) are continuing to ramp up capital spending on AI infrastructure. Sustained demand here would boost confidence in Nvidia’s long-term growth.
Another key area of focus is product adoption. Nvidia’s next-generation chips, particularly the new Blackwell series, are seen as potential revenue growth drivers. Investors will be looking for signals that Blackwell is gaining traction, alongside updates on the Rubin series, which could further strengthen Nvidia’s leadership in AI hardware.
Beyond the metrics, Nvidia’s forward guidance is also important, with investors watching for signs of continued growth ahead. Evidence of strong order books, long-term backlog, and sustained demand for AI infrastructure will be key in ending concerns that valuations across the sector have run too far, too fast.
Is Nvidia a Buy, Hold, or Sell Now?
On TipRanks, NVDA stock has received a Strong Buy consensus rating, with 37 Buys, one Hold, and one Sell assigned in the last three months. The average Nvidia stock price target is $243.09, suggesting an upside potential of 32.09% from the current level.
