By Brian Sozzi
Publication Date: 2026-08-13 14:23:00
If there is any reason to proceed with caution ahead of Nvidia’s (NVDA) earnings on Aug. 26, it’s that the market is positioned for the company to post great results and for CEO Jensen Huang to sound super bullish on the earnings call.
This could indeed create a sell-the-news moment, not unlike what has happened to Cisco (CSCO) stock on Thursday in response to strong quarterly numbers and a robust outlook. The stock had run up 65% in the past six months, with gains holding into the company’s earnings on Wednesday evening.
“We expect a solid quarter [for Nvidia] with meaningful upside to guidance supported by tight GPU supply/demand trends, but think the bar for the stock is elevated given its +12% move in two weeks,” Goldman Sachs analyst James Schneider cautioned in a new note. “We believe expectations are elevated given strong demand datapoints, including positive 2026 capex revisions from US hyperscalers and commentary on near-term GPU capacity shortages.”
Nvidia’s stock has been quietly gaining steam ahead of its upcoming earnings report. With that rally in the mix, Nvidia stock is only about 5% below the $236.54 52-week high, per Yahoo Finance AlphaSpace analysis.
The stock’s advance comes as Wall Street expects Nvidia to post another blockbuster performance for its second quarter fiscal 2027.
Consensus estimates as compiled on Yahoo Finance forecast revenue near $92 billion — a massive ~96%…
