Nvidia's Q4 Revenue Forecast and Wall Street Calls
Nvidia's Q4 revenue forecast fails to impress Wall Street, leading to a decline in the company's stock. Despite reporting Q3 adjusted EPS of 81 cents, beating estimates, Nvidia's slowest revenue growth in seven quarters and supply chain constraints have disappointed investors. The company expects demand for its chips to exceed supply for several quarters in fiscal 2026. As a result, at least 14 brokerages have raised their price targets on Nvidia's stock. However, the overall sentiment towards Nvidia's performance is negative, as reflected in the decline in its stock price.