By TradingView
Publication Date: 2026-02-09 14:40:00
Nvidia NVDA shares climbed about 2% on Monday morning as investors repositioned ahead of the chipmaker’s fiscal fourth-quarter results later this month.
The move comes as optimism around artificial intelligence spending offsets recent volatility tied to valuation concerns.
Goldman Sachs analyst Jim Schneider said recent discussions with investors suggest expectations are elevated going into the Feb. 25 earnings report. He pointed to steady demand signals from chip suppliers and higher capital spending plans from U.S. hyperscale cloud companies.
Schneider expects Nvidia to post results above Wall Street forecasts. He sees fiscal fourth-quarter revenue near $67.3 billion, above consensus estimates, and projects stronger-than-expected sales and earnings into the first quarter of fiscal 2026.
The analyst added that near-term share performance may hinge less on 2026 expectations, which appear largely reflected in the stock, and more on how much visibility management offers into revenue growth in 2027.
Investors are looking past 2026 and want clear signs about 2027: visibility into revenue trajectories, Rubin ramp timing, China contribution, traction with non-hyperscaler customers, and sustainable margin expansion. Management clarity on these items, not short-term beats, will determine ultimately whether Nvidia’s premium valuation is justified into next year.
Investors are also likely to focus on demand outside major cloud providers, including early deployments by OpenAI and activity…