Nvidia $NVDA Anticipated Earnings Report; Stock Price Down, Analysts Expect Revenue Increase
Nvidia ($NVDA) is anticipated to report its earnings this week, with analysts expecting a significant increase in revenue. The stock price has been declining, down over 5% and on track for its largest percent decrease since May 2023. Options are pricing an 11% move for earnings, with the stock currently down four of the past five days. Portfolio managers are closely watching Nvidia's earnings along with other tech giants like Google, Microsoft, and Amazon.
Sources
Special Situations 🌐 Research Newsletter (Jay)
Portfolio managers when they see S&P earnings ex Mag5... $NVDA $GOOG $MSFT $META $AMZN https://t.co/WQHEFFLYwp
Ross Gerber Now they are selling off earnings before the report. This should make for an interesting week. #nvidia $nvda
Options AI At the current stock level, Nvidia $NVDA options are pricing about an 11% move for earnings. That's about $600 to the downside and $750 (around the highs) to the upside: https://t.co/bdWnIRNVmV