Nvidia is preparing to announce its first-quarter earnings for fiscal 2025 on May 22, with stocks having surged more than 80% this year. Analysts are cautious about whether the chip manufacturing giant can meet the high expectations set for this earnings report. The focus will be on forecasts for the next quarter and the remainder of the year. The stock has performed exceptionally well in the past year and a half, leading to investor enthusiasm about the earnings outlook. Analysts are predicting strong revenue and earnings per share numbers for Nvidia.
Patrick Moorhead, Founder and CEO of Moor Insights & Strategy, is optimistic about Nvidia beating expectations in terms of revenue and EPS, with positive guidance expected. He highlights high demand, low development risk, and potential manufacturing risks at TSMC as key factors to monitor. The context in which Nvidia is reporting its earnings has changed significantly in the last month, with heightened investor interest in the company’s future performance.
The AI chip leader is set to release its earnings results after the closing bell on Wednesday, following reports from other major tech companies. Analysts are looking for impressive growth figures, with expectations for adjusted earnings per share of $5.54 and revenue of $24.6 billion. Data center revenue is expected to play a significant role in these results. The post written by Mariela Rosales discusses the anticipation surrounding Nvidia’s earnings and the impact it may have on the stock market.
Overall, Nvidia’s upcoming earnings report is highly anticipated, but there are concerns about whether the company can deliver on the high expectations set by analysts and investors. The focus will be on forecasts for the upcoming quarters and the remainder of the year, with key areas of interest including demand, development risk, and manufacturing challenges at TSMC. Moor Insights & Strategy’s Patrick Moorhead is optimistic about Nvidia’s potential to exceed expectations and provide positive guidance based on strong fundamentals. Investors will be closely watching Nvidia’s performance to gauge the company’s future prospects and market impact.
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https://finance.yahoo.com/video/nvidia-earnings-watch-181412598.html
