Expectations Rise for Nvidia's Q3 Earnings

Nvidia's Expected Earnings and Market Expectations

Nvidia (NASDAQ: NVDA) is preparing to announce its Q3 earnings report, with expectations running high. Analysts are anticipating another strong quarter due to the demand for artificial intelligence chips and rapidly growing data center spending. Susquehanna recently raised its price target from $210 to $230; this change signals the successful launch of the GB300 model and the heavy capital expenditure plans of major cloud players for the next two years.

However, GuruFocus has identified six warning signs for Nvidia. The value of the company is being questioned by investors.

This Wednesday, after the market closes, Nvidia will announce its Q3 earnings report. Sector reviews are also looking quite solid. Suppliers are reporting strong demand for AI servers, and partners like Foxconn have already met their revenue targets for the upcoming year. This situation instills confidence in Nvidia’s short-term order backlog.

Analysts are also expecting Nvidia’s new Blackwell Ultra chips to help increase average selling prices. Additionally, the broader Blackwell and Rubin product cycles continue to provide multi-year visibility. Wall Street predicts Q3 revenue will be around $54 billion, and earnings per share (EPS) could rise to $1.24. This represents a sharp increase compared to last year.

Investors are closely watching not just the key figures but also guidance information; signals of demand from both the U.S. and China are particularly important. Strong results could help sustain momentum, while any signs of slowdown could increase volatility.