How Much Is Nvidia Stock Expected to Move After the AI Chipmaker Reports Earnings Wednesday?
Key Points:
- Nvidia is scheduled to report its fiscal fourth-quarter earnings after Wednesday's market close, with traders expecting a significant stock movement based on options pricing.
- Market expectations suggest Nvidia shares could fluctuate by as much as 6% either way, potentially reaching around $201 or falling to $178 by the end of the week.
- The stock has declined about 8% since its late-October peak due to concerns over an AI bubble and mixed investor sentiment despite major tech partnerships.
- Analysts forecast strong results, projecting adjusted earnings per share of $1.52 and a 67% year-over-year revenue increase to a record $65.87 billion, driven by increased AI infrastructure spending.
- Despite high expectations, some Wall Street analysts