Overview
- Wall Street projects fiscal Q3 revenue of about $54.79 billion and earnings of $1.25 per share for the quarter ending October.
- Options markets imply roughly a 6.2% post-earnings swing in either direction, signaling elevated event risk for the stock.
- Nvidia shares last closed at $190.17 on Nov. 14, roughly 8% below early‑November peaks after a choppy stretch for AI leaders.
- Bank of America raised multi‑year sales and EPS estimates and reaffirmed a $275 price target, highlighting demand for Blackwell, Blackwell Ultra, and Vera Rubin chips.
- Sentiment is mixed as reports cite Michael Burry shorting Nvidia and SoftBank fully exiting its stake, while U.S. export rules curb top Blackwell sales to China and supply constraints linger.