Prediction: Nvidia Stock Will Soar After Aug. 28 Because of These 3 Key Factors

2
Comment
Favorite

Prediction: Nvidia Stock Will Soar After Aug. 28 Because of These 3 Key Factors

Motley Fool08-26

KEY POINTSLook for Nvidia to beat its own Q2 outlook and Wall Street's estimates when it reports results on Aug. 28.Stellar Q3 guidance is also likely based on recent comments from some of Nvidia's ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1122786252?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-26 17:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1122786252","market":"us","top_or_hot":-1,"title":"Prediction: Nvidia Stock Will Soar After Aug. 28 Because of These 3 Key Factors","media":"Motley Fool","content":"<div>\n<p>KEY POINTSLook for Nvidia to beat its own Q2 outlook and Wall Street's estimates when it reports results on Aug. 28.Stellar Q3 guidance is also likely based on recent comments from some of Nvidia's ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/08/26/prediction-nvidia-stock-will-soar-after-aug-28-bec/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prediction: Nvidia Stock Will Soar After Aug. 28 Because of These 3 Key Factors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrediction: Nvidia Stock Will Soar After Aug. 28 Because of These 3 Key Factors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-26 17:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/08/26/prediction-nvidia-stock-will-soar-after-aug-28-bec/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSLook for Nvidia to beat its own Q2 outlook and Wall Street's estimates when it reports results on Aug. 28.Stellar Q3 guidance is also likely based on recent comments from some of Nvidia's ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/08/26/prediction-nvidia-stock-will-soar-after-aug-28-bec/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://www.fool.com/investing/2024/08/26/prediction-nvidia-stock-will-soar-after-aug-28-bec/","article_id":"1122786252","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1122786252","pubTimestamp":1724664963,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"KEY POINTSLook for Nvidia to beat its own Q2 outlook and Wall Street's estimates when it reports results on Aug. 28.Stellar Q3 guidance is also likely based on recent comments from some of Nvidia's bi","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达"},"translate_title":"预测：由于这3个关键因素，英伟达股价将在8月28日之后飙升","themeId":"f2cf9c69190c4e75aafca401014e0e3b","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1.1},"content_text":"KEY POINTSLook for Nvidia to beat its own Q2 outlook and Wall Street's estimates when it reports results on Aug. 28.Stellar Q3 guidance is also likely based on recent comments from some of Nvidia's biggest customers.Nvidia will also almost certainly seek to calm concerns about the reported delay of its Blackwell launch.Nvidia's recent pullback should soon be only a memory. NVIDIA Corp's steep sell-off has nearly run its course. The stock plunged 23.5% at one point, causing considerable angst for some investors. However, Nvidia has been on a roll in August, jumping almost 25%.This momentum will end anytime soon, in my view. Instead, I predict that Nvidia stock will soar after Aug. 28. And I think the surge will be due to three key factors.1. Blowout Q2 numbersIn Nvidia's fiscal 2025 first quarter, the company said it expected Q2 revenue of \"$28.0 billion, plus or minus 2%.\" Wall Street analysts surveyed by LSEG believe Nvidia sandbagged a little. Their average Q2 revenue estimate is $28.6 billion.I predict Nvidia will beat its own Q2 outlook and top Wall Street's expectations when it announces its results on Aug. 28. I also think this will flow down to the bottom line, with the company exceeding the average analysts' adjusted earnings estimate of $0.64 per share.Why am I so optimistic? Both Nvidia and Wall Street have been too pessimistic about the demand for the company's graphics processing units (GPUs).In Nvidia's fiscal 2024 Q4 update, management projected fiscal 2025 Q1 revenue of $24 billion, again giving a \"plus or minus 2%\" caveat. The company's actual Q1 revenue was $26 billion -- 8.3% higher than its outlook. Nvidia beat the consensus Q1 earnings estimate by 9.8%. I won't be surprised if there are similar outcomes in the company's Q2 results.2. Stellar guidanceOn a related note, I look for Nvidia to once again provide stellar guidance for the next quarter in its Q2 update. I'm even more confident about this prediction than I am that the company will deliver blowout Q2 numbers.Four reasons explain my boldness: Alphabet, Amazon, Microsoft, and Meta Platforms. All of these huge Nvidia customers indicated in their latest quarterly updates that their capital expenditures will likely increase in the coming quarters to expand their artificial intelligence (AI) infrastructure.One comment especially stood out to me in the tech giants' recent earnings calls. Alphabet CEO Sundar Pichai said, \"[T]he risk of under-investing is dramatically greater than the risk of over-investing for us here.\" That should be music to the ears of Nvidia shareholders. And if Alphabet sees this risk of under-investing, you can bet that Amazon, Microsoft, and Meta do too.3. Clarity on the Blackwell launchPerhaps the darkest cloud hovering over Nvidia in recent weeks is the concern that the company's launch of its new Blackwell GPUs will be significantly delayed. Any pushback in shipping these new chips will mean Nvidia's revenue won't grow as quickly as originally expected.I think the biggest issue for investors here is the sheer uncertainty. Some could be afraid of a much more serious delay than has been speculated so far. But the cure for uncertainty is clarity, something I expect Nvidia will provide in its Q2 conference call.Am I predicting there won't be any delay in shipping Blackwell chips? No. However, I suspect that Nvidia will seek to calm concerns to the best of its ability (and probably hint a lot about the pent-up demand for the new architecture). Once investors digest the news (whatever it might be), they'll quickly adjust their expectations. Most importantly, any delay will only be temporary.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}