Analysts currently expect Nvidia to post earnings of $2.09 per share on revenue of $92.07 billion. Compared with the same period last year, those estimates represent growth of about 99% and 97%, respectively.
Investor Yiannis Zourmpanos, who ranks among the top 1% of stock experts on TipRanks, believes another beat is likely, although he thinks investors should care much more about what management predicts next.
“NVDA investors should ignore the obvious beat in Q2 results and focus on the confirmation of Q3 guidance,” Zourmpanos says.
Wall Street currently sees fiscal Q3 revenue reaching $103.7 billion, followed by $116.61 billion during Q4 and $126.56 billion in fiscal Q1 2028. Meeting that trajectory would require the chipmaker to add around $35 billion in quarterly sales within nine months while keeping profitability near current levels.
“Strong Q3 guidance with stable gross margins could confirm that upward revisions are linked to the acceleration of capacity deployment,” Zourmpanos added.
