By Nauman khan
Publication Date: 2025-11-17 12:19:00
This article first appeared on GuruFocus.
Nvidia (NASDAQ:NVDA) steps into its Q3 earnings week with expectations running high, as analysts look for another strong quarter driven by AI-chip demand and fast-growing data-center spending. Susquehanna recently raised its price target to $230 from $210, pointing to a smooth GB300 ramp and heavy capex plans from major cloud players over the next two years.
The company is about to report Q3 earnings on Wednesday after the bell.
Industry checks also look solid. Suppliers say AI-server demand remains strong, and partners like Foxconn are already hitting next year’s revenue milestones, which adds confidence to Nvidia’s near-term backlog. Analysts also expect Nvidia’s new Blackwell Ultra chips to help lift average selling prices, while the broader Blackwell and Rubin product cycles continue to build multi-year visibility.
Wall Street expects Q3 revenue to land near the mid-$54 billion range with EPS around $1.24, which would mark another sharp jump from last year. Gross margins are expected to trend toward the mid-70% range as the product mix shifts to higher-end systems.
Investors will be watching guidance just as closely as headline numbers, especially demand signals out of the U.S. and China. Strong results could keep momentum going, but any signs of a slowdown may spark volatility.
