Nvidia Q3 Earnings Preview: 9% Stock Move Likely Amid High Expectations

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 47 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Microsoft Corporation 뉴스

NVIDIA Corporation

Stocks Analysis by The Tokenist (Timothy Fries) covering: Microsoft Corporation, NVIDIA Corporation. Read The Tokenist (Timothy Fries)'s latest article on Investing.com

The technology giant, known for its innovations in graphics processing units and artificial intelligence , continues to capture market attention with robust growth expectations across its key segments. The Data Center segment is anticipated to generate $29 billion, marking a 100% increase from the previous year, while gaming revenue is expected to rise by 7% to $3 billion.

However, past performance also highlights the volatility associated with high expectations; Nvidia’s stock dipped by 6% following the second-quarter earnings despite beating expectations, underscoring the high bar set by the market. This positions the stock closer to its 52-week high of $149.77, far above its 52-week low of $45.01, reflecting the company’s substantial growth trajectory over the past year. Nvidia’s market capitalization stands at a staggering $3.56 trillion, supported by strong financial metrics, including a trailing PE ratio of 67.22 and a forward PE ratio of 34.18.

Investors are eagerly awaiting Nvidia’s guidance for the fourth quarter, with revenue expectations set at $37 billion. The focus will be on CEO Jensen Huang’s insights regarding the Blackwell AI chips, particularly in terms of supply and demand dynamics, which could significantly impact future earnings and market positioning.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 450. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Tesla: Can Q3 Earnings Spark a Rebound After Recent Setbacks?Stocks Analysis by The Tokenist (Timothy Fries) covering: Alphabet Inc Class A, Baidu Inc, Tesla Inc, Alphabet Inc Class C. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

3 Stocks That Offer Long-term Passive Income Potential in October 2024Stocks Analysis by The Tokenist (Timothy Fries) covering: Altria Group, Movado Group Inc, LyondellBasell Industries NV. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

Intel Q3 Earnings: What to Expect From the Stock in 2025Stocks Analysis by The Tokenist (Timothy Fries) covering: Intel Corporation, NVIDIA Corporation, Advanced Micro Devices Inc, Samsung Electronics Co Ltd. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

Tesla and 2 More Stocks That Can Surge in Trump’s 'Golden Age' for AmericaStocks Analysis by The Tokenist (Timothy Fries) covering: Tesla Inc, CoreCivic Inc, KKR & Co LP. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »