The company clocked third-quarter adjusted earnings per share of $0.81, beating estimates of $0.75. It forecast a fourth-quarter revenue of $37.5 billion, plus or minus 2%, slightly above Reuters estimates of $37.09 billion.
Analysts, however, maintained a largely optimistic stance on the company, which became the world’s most valuable listed firm in the run-up to its earnings. BofA said that Nvidia’s guidance was below its bull case, and potentially disappointed some bulls. But the brokerage reiterated its Buy rating on the stock and said that strong demand, especially for Blackwell, was a major positive.
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