Nvidia Q2 earnings preview: KeyBanc sees $97.8B revenue, 55% upside

invezz.com (Dutch)

Nvidia reports Q2 earnings Wednesday after US market close, with Wall Street expecting record results but analysts setting a high bar above consensus. FactSet projects revenue of $92.3 billion and adjusted earnings of $2.09 per share. KeyBanc analyst John Vinh forecasts $97.8 billion revenue with a $330 price target, implying 55% upside, while UBS models October-quarter revenue at $110 billion or more. Options pricing suggests a 5.4% post-earnings move, the smallest since 2021. Nvidia shares have fallen after each of the last four earnings reports despite beats, with focus shifting to guidance and management comments on competition.


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