Nvidia (NVDA) is scheduled to announce Q4 earnings results on Wednesday, February 25th, after market close.
The consensus EPS estimate is $1.54 (+73.0% Y/Y) and the consensus revenue estimate is $66.12B (+68.1% Y/Y).
BNP Paribas expects a “classic beat/raise” for the quarter, but “not expecting to learn much incrementally to move the stock,” with the company reserving any potential market-moving news for its GTC conference in March.
“With no new product ramping in the quarter, we don’t expect any change in [the gross margin] and EPS,” according to BNP analysts.
Investors will be looking for signs of gross margin stability in the long run, given rising chip prices, and management commentary on the same, as well as production ramp-up plans for the next-generation Blackwell chips.
The quarterly results and GTC event are likely to be “catalysts” for the stock, according to GF Securities.
“We expect NVDA to launch [an] LPU (language processing unit) in the coming GTC event to strengthen its product portfolio in inferencing and also CPO for scale-out switches and scale-up (50/50 chance),” analyst Jeff Pu wrote in a note to clients.
Oppenheimer reiterated its Outperform rating and $265 price target on the stock, saying the company could deliver a “typical” $2B–$3B revenue upside in Q4, driven by strong demand for GB300 Ultra systems and rising hyperscaler capex, which is projected to climb to about $650B in 2026 from over $400B in 2025.
Nvidia’s (NVDA) growth rate is slowing compared to prior years, and market enthusiasm has tempered despite continued AI hardware leadership and profitability, according to SA contributor Jonathan Weber.
On the other hand, a bearish analysis by Noah’s Arc Capital Management sees private funding for data center GPU clusters potentially drying up, with major projects unable to secure financing or facing long power grid delays.
Shares of the chipmaker giant have risen just over 48% in the past year.
While Wall Street broadly holds a Strong Buy stance, Seeking Alpha’s Quant model is more cautious with a Hold on valuation grounds.
The company’s results will likely drive momentum during the week in Wall Street, and more immediately dictate the movement of other semiconductor names such as AMD (AMD), Intel (INTC) and Broadcom (AVGO).
Over the last 2 years, NVDA has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 11 upward revisions and 0 downward. Revenue estimates have seen 12 upward revisions and 1 downward.