Nvidia Q1 earnings: What to expect

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Nvidia News

Brad Smith,Seana Smith,Revenue Estimates

Nvidia (NVDA) is gearing up to report its first quarter earnings next Wednesday, and analysts are clearly optimistic. Revenue estimates for the tech giant...

) is gearing up to report its first quarter earnings next Wednesday, and analysts are clearly optimistic. Revenue estimates for the tech giant are bullish, with projections calling for $24.51 billion.as a leader in the tech space. Furthermore, they explore the key factors analysts expect to propel Nvidia's earnings report.Of course, NVIDIA, which will report results next Wednesday, and positive forecasts are rolling in ahead of the report.

The fact that they do have this vote, at least right now, such a wide lead over so many of their competitors. U BS calling out their analysts there, saying that they expect a first quarter be specifically driven by stronger than expected lead times preceding those results, and as a result, there they see about 26% upside to the stock here.So again, more of that upside there and here we are not too shy from $1000 a share, and we could see that one year chart pretty much explains it all.

And and at this juncture, I mean, it's like the de facto play, as it's been called by some analysts in the past for a generative a I exposure to the portfolio.And it feels like this is what the third straight earnings report where we're saying this is supposed to be a Goldilocks type of report that they're coming into here for a video, and they've continued to surpass to the upside every single time.

This dividend stock offers a high yield and significant long-term growth potential. It's also one of the safest stocks you can buy. The post Why I Continue Buying Shares of This Healthy and Secure 5.3%-Yielding Dividend Stock appeared first on The Motley Fool Canada.It costs you less to trade US stocks at Interactive Brokers than at other brokers. Your capital is at risk.

 

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