By Pia Singh
Publication Date: 2025-11-19 15:45:00
Nvidia’s third-quarter results out Wednesday will be consequential for investors who are growing increasingly concerned about the artificial intelligence-powered bull market. The company, which makes up roughly 8% of the S & P 500 , is expected to boast strong data center sales on the back of meaningful demand for its upcoming chip cycle. If that happens, it could lift hopes that the AI trade has more room to run. Shares of Nvidia are down more than10% in November as the chipmaker has fallen under pressure amid a broader pullback in the tech sector. The once-hot stock, which is still up about 36% this year, is battling concerns about elevated AI valuations, data center supply and demand dynamics, the rate of depreciation of its graphics processing units, and growing competition with other hyperscalers. Although Nvidia has not been the market’s favorite AI trade this year, analysts covering the name see a recovery ahead. Of the 65 analysts that cover the stock, 22 rate it a strong buy, while 33 have a buy rating on the name. Five analysts maintain a hold rating, while one has an underperform. Their average consensus price target of $231.33 suggests about 26% upside ahead. NVDA 1Y mountain Nvidia stock performance over the past year. As of Tuesday afternoon, analysts polled by LSEG, on average, expected Nvidia to earn $1.25 per share on sales of $54.9 billion. That would reflect a year-over-year sales increase of 56%. As important, analysts predict Nvidia will forecast…
:max_bytes(150000):strip_icc()/GettyImages-22148662381-e368a4d55c0c4d2390f065c65aaeb837.jpg?ssl=1 "Markets News, May 14, 2025: S&P 500 Inches Higher, Nasdaq Composite Rises for 6th Straight Day as Nvidia, Tesla and AMD Surge")