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What is expected from Nvidia's earnings?

Asked 2 hours ago

Answer

Nvidia is expected to report strong Q3 earnings, driven by high GPU demand and resolved manufacturing issues. Analysts anticipate robust financial results, a forward P/E ratio around 26, and continued leadership in the GPU market. The upcoming Vera Rubin GPU and data center upgrade cycles are key topics. Nvidia's results are seen as a major catalyst for global equities, with markets closely watching its guidance and impact on data center spending.

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Nvidia set to report Q3 results

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  • Analysts expect Nvidia to report very strong Q3 results, citing robust demand and improved manufacturing yields. 12s
  • Nvidia's forward price-to-earnings ratio is estimated at about 26, lower than some peers and historical averages. 1m 9s
  • The analyst's price target for Nvidia is $250, with potential for the company to reach a $6 trillion valuation due to its GPU market leadership. 2m 6s
  • Depreciation schedules for GPUs in data centers are a key concern, as many hyperscalers continue using older chips for several years. 2m 48s
  • Frequent hardware upgrades benefit Nvidia, but may pose challenges for the long-term economics of data center operators. 4m 18s
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Nvidia set to report Q3 results
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CNBC
2 hours ago
Nvidia set to report Q3 results

Analyst expects very strong results from NVIDIA, with CEO Jensen Huang likely to emphasize robust demand. Manufacturing yield issues have improved, and strong financial numbers are expected despite some supply constraints.

Nvidia set to report Q3 results
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CNBC
2 hours ago
Nvidia set to report Q3 results

Analyst projects NVIDIA will generate over $300 billion in revenues and about $7 in earnings per share, equating to roughly 26 times earnings, which is lower than historical multiples of 30-40 times.

Nvidia set to report Q3 results
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CNBC
2 hours ago
Nvidia set to report Q3 results

NVIDIA is expected to extend its lead with the upcoming Vera Rubin next-generation GPU and rack, launching next year.

Keep an eye on Nvidia as government shutdown, geopolitical risks fade
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CNBC
2 days ago
Keep an eye on Nvidia as government shutdown, geopolitical risks fade

The next major catalyst for global equities is Nvidia's earnings on November 19; its performance is critical due to its central role in data center spending and recent US earnings growth.

Keep an eye on Nvidia as government shutdown, geopolitical risks fade
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CNBC
2 days ago
Keep an eye on Nvidia as government shutdown, geopolitical risks fade

Nvidia, as the leading high-end GPU manufacturer, has been growing revenue and earnings at 50%, though this is slowing; a large portion of revenue comes from data centers.

Keep an eye on Nvidia as government shutdown, geopolitical risks fade
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CNBC
2 days ago
Keep an eye on Nvidia as government shutdown, geopolitical risks fade

Nvidia's post-earnings conference will be closely watched for guidance, as its performance is a major contributor to US earnings growth.

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