AI giant Nvidia (NVDA) is set to release its Q3 FY25 results on November 20.
Analysts are predicting strong top-and bottom-line growth in Q3.
Regarding share price growth, NVDA stock has skyrocketed 182% over the past year and 187% year-to-date, highlighting the company’s explosive growth.
The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement.
At an average price target of $163.26, the average NVDA stock price target implies 14.99% upside potential.
On November 20, AI behemoth Nvidia (NVDA) will announce its Q3 FY25 results. In Q3, analysts anticipate robust growth in both the top and bottom lines. According to TipRanks’ data, they anticipate the company will report earnings of $0.75 per share and revenues of $33.09 billion, which would represent strong year-over-year increases of 88 percent and 82.6 percent, respectively.
NVDA’s stock has risen 182% in the last year and 187% so far this year, demonstrating the company’s rapid expansion in terms of share price growth. Not surprisingly, considering this remarkable rally, NVDA has a strong track record of earnings surprises, exceeding forecasts in eight of the last nine quarters.
Views of Analysts Prior to Q3 Results.
The Bulls Say, Bears Say tool from TipRanks indicates that bullish analysts think Nvidia offers a compelling investment opportunity because of its robust growth potential in the data center and AI markets. They argue that Nvidia is well-positioned to take advantage of important opportunities in the rapidly changing AI landscape thanks to its strengths in AI hardware and software.
Analysts’ actions prior to Nvidia’s Q3 results validate this optimism. Because of the company’s wide-ranging growth prospects, the majority of analysts have raised their price targets for NVDA and kept their buy ratings for the stock over the past week.
Bears, however, draw attention to a number of Nvidia’s difficulties. Risks like excess inventory and competition from in-house solutions are highlighted. Furthermore, the U.S. S. The company is under investigation by the Department of Justice for possible antitrust violations, which increases regulatory uncertainty. Analysts also observe that the Blackwell supply chain is contributing to production issues and short-term margin pressures.
What Are Expectations of Options Traders?
After the stock’s earnings report, we can use TipRanks’ Options tool to see what options traders are anticipating from it. Calculating the at-the-money straddle of the options closest to expiration following the earnings announcement yields the expected earnings move. Don’t worry if this seems difficult; the Options tool takes care of it.
In fact, it currently indicates that traders of options anticipate a 9point 83 percent move in either direction.
Do you want to buy, sell, or hold Nvidia?
The combination of 39 Buy and three Hold recommendations over the last three months suggests that Wall Street is bullish about NVIDIA despite the stock’s strong rally over the past year. The average NVDA stock price target, at $163.26, indicates a 14 percent upside potential.
View more ratings from NVDA analysts.
