Why Nvidia Stock Could Continue Its Bull Run After May 22
This year has been remarkable for Nvidia (NASDAQ: NVDA) investors, with the company's shares surging more than 91%. The stock's momentum might receive a further boost when Nvidia announces its first-quarter fiscal 2025 earnings on Wednesday, May 22.
Nvidia is set to release its quarterly report amid favorable trends in the artificial intelligence (AI) semiconductor sector, potentially enabling it to surpass Wall Street's forecasts.
KeyBanc analyst John Vinh projects Nvidia will report Q1 earnings of $5.81 per share on revenue of $25.6 billion, which is higher than the consensus estimates of $5.57 per share in earnings and $24.6 billion in revenue.
Nvidia is set to release its quarterly report amid favorable trends in the artificial intelligence (AI) semiconductor sector, potentially enabling it to surpass Wall Street's forecasts.
KeyBanc analyst John Vinh projects Nvidia will report Q1 earnings of $5.81 per share on revenue of $25.6 billion, which is higher than the consensus estimates of $5.57 per share in earnings and $24.6 billion in revenue.
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