By Brian Colello, CPA
Publication Date: 2026-11-10 22:50:00
Nvidia is set to release its fiscal third-quarter 2027 earnings report on Nov. 17. Here’s Morningstar’s take on what to look for in NVIDIA’s earnings and the outlook for its stock.
Key Morningstar Metrics for Nvidia
- Fair Value Estimate: $310.00
- Morningstar Rating: ★★★★
- Morningstar Economic Moat Rating: Wide
- Morningstar Uncertainty Rating: Very High
Nvidia Earnings Release Date
- Tuesday, Nov. 17, after the close of trading
What to Watch for in Nvidia’s Q3 Earnings
- Perhaps the most important issue is the independent investigation into founder and CEO Jensen Huang. We might not learn much during the call, as the investigation remains pending, but we’ll see what comes up during the event.
- The other burning issue will be the company’s views on data center development in the United States. In the very near term, we’ll be interested in whether the election has led to any immediate pauses in orders or concern about future demand. Nvidia’s last forecast effectively called for $700 billion of AI revenue in calendar-year 2027. Longer-term, we’ll be interested in Nvidia’s insight into whether the US midterms will truly pause data center buildouts.
- We remain interested in Nvidia’s revenue from the less-obvious pieces of its business, such as ACIE (AI Cloud, Industrial, Enterprise), where we think design wins are stickier. Sovereign government spending is a similar area of interest, as is revenue from new products, like Vera CPUs.
- As usual, we’ll seek insight into…
