Will Nvidia Stock Deliver Another Stellar Earnings Report in nvda stock split?

"Can Nvidia's Stock Continue Its Impressive Earnings Performance in nvda stock split?

Investors anticipate robust and consistent growth in Nvidia’s earnings, in line with both Wall Street’s consensus and the company’s guidance. The prevailing expectation for a potential NVDA stock split further adds intrigue to the outlook, fueling the anticipation surrounding Nvidia’s financial performance. nvda stock split

Industry experts foresee a significant uptick in Nvidia’s revenue, projecting a noteworthy surge to $20.2 billion, aligning seamlessly with the company’s forecasts. Additionally, these analysts anticipate strong gross margins and a favorable outlook for adjusted earnings per share, reflecting a positive sentiment toward Nvidia’s financial performance.

Key considerations for the fourth quarter of 2024 revolve around how Nvidia navigates export limitations, the anticipated performance outlook for its Data Center segment, and the insights provided in its guidance for the first quarter of 2025. These factors will play a pivotal role in shaping the narrative of Nvidia’s upcoming financial landscape.

In the most recent quarter, Q3FY24, Nvidia (NVDA) – Get Free Report, the renowned chipmaker, once again impressed the market with sustained growth surpassing expectations. While Wall Street had predicted net revenue of $16.09 billion and adjusted EPS of $3.36, Nvidia outperformed these already high estimates by more than 10%. The company continues to defy expectations in the dynamic landscape of the stock market.

Nvidia has been on a tear since that report; shares have risen 30% since mid-November 2023.

Now, we’ll delve into some key factors to consider leading up to Nvidia’s Q424 release.

Market Expectations is NVDA Stock Split

Anticipations are running high for Nvidia’s upcoming earnings report, with analysts and the company itself forecasting significant advancements. The consensus estimate places the revenue at $20.2 billion, showcasing a remarkable 234% YoY growth and an 11.56% QoQ increase. While this growth projection aligns with Nvidia’s guidance, the exuberant pace might raise eyebrows.

Wall Street’s consensus extends to Nvidia’s gross margin, predicting a robust 75.5% (non-GAAP). Based on these estimates, the adjusted EPS is expected to soar to $4.16, marking an impressive 628% YoY increase.

Despite Nvidia’s consistent growth and the surging demand for AI-related chips, surpassing these optimistic expectations might pose a challenge. The article questions whether Nvidia’s remarkable operations translate into a similarly stellar investment, especially considering the high P/E ratio of 38x at the current share price of $627.

The focus shifts to key factors for this quarter, including potential impacts of US chip export limitations, the success of the Data Center segment, and guidance for 1Q25 (FY). Navigating global regulations and understanding the chipmaker’s revenue composition become crucial for investors.

The Bottom Line

Emphasizes the optimism surrounding Nvidia’s upcoming earnings, highlighting the need for shareholders to monitor regulatory challenges, the data center market, and guidance for the next quarter. While expectations are high, the article cautions that surprises, both positive and negative, could shape the short-term market response.