Nvidia (NVDA) is set to report its latest earnings after today’s close, with analysts and investors anticipating significant upside. Long-term investors remain optimistic as NVDA continues to be a leader in the tech sector. The company’s competitive advantage in computer processors and its role in next-generation computing underpin its strong market position. Despite concerns over competition from Chinese firms like DeepSeek, Nvidia’s dominance in high-performance computing, self-driving cars, robotics, and more ensures its relevance. Nvidia holds a 90% market share in add-in-board GPUs as of Q3 2024, supported by its Cuda software ecosystem. Wall Street expects Nvidia to report $0.84 EPS on $38.08 billion in revenue, with a history of beating estimates for eight consecutive quarters. Margins are slightly shrinking due to the Blackwell ramp-up, but long-term trends remain positive. Analysts, including Raymond James’ Srini Pajjuri, maintain Buy ratings, with price targets implying 35-40% upside. Nvidia trades at 30x forward earnings, with a 1-year forward PEG ratio of 0.6x, indicating attractive valuation amid expected 50% earnings growth in 2026. Investors should focus on Nvidia’s long-term outlook rather than short-term fluctuations. — news from TipRanks
