Nvidia Earnings Could Make Its Forward Valuation Look Even Cheaper
TL;DR Summary
Nvidia is set to report Q2 earnings; analysts expect about 97% revenue growth to $92.2 billion. The stock has risen modestly over the past year and trades at roughly 23.6x forward earnings, near the S&P 500. Historically, forward estimates have moved higher after earnings, which could make Nvidia look cheaper on a forward basis and keep the stock attractive regardless of the immediate post-report move.
- Whatever Happens on Wednesday, Nvidia Stock Will Almost Certainly Be Cheaper After Earnings The Motley Fool
- Nvidia earnings preview: The report the entire market is waiting on Yahoo Finance
- Nvidia is the final boss of tech earnings. These 3 questions could decide the AI trade's next move. Business Insider
- Nvidia shares set for $280 billion price swing after earnings, options show Reuters
- Here’s How Much Nvidia Stock Is Expected to Move After Earnings Investopedia
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