Nvidia Rises to $215.36 Ahead of Q2 Results as Wall Street Targets $92.1 Billion Revenue
Updated
Updated · Yahoo Finance · Aug 24
Nvidia Rises to $215.36 Ahead of Q2 Results as Wall Street Targets $92.1 Billion Revenue
3 articles · Updated · Yahoo Finance · Aug 24
Summary
$215.36 marked Nvidia's Monday morning price, up about 0.3% even as Nasdaq futures fell roughly 0.6%, putting focus on its fiscal second-quarter report due Wednesday.
$92.1 billion in revenue and $2.09 a share in adjusted earnings are Wall Street's targets, extending expectations after a record prior quarter with $81.6 billion in sales and $75.2 billion from data centers.
$5.2 trillion in market value leaves little room for disappointment: investors want proof hyperscalers can keep funding AI infrastructure, new systems can ship quickly and margins can remain strong.
Wednesday's release lands at about 4:20 p.m. ET, followed by a 5 p.m. investor call, with Nvidia's 95/100 GF Score underscoring strong growth and profitability but also valuation pressure.