Nvidia stock rises ahead of highly anticipated earnings report

Published On Feb 26, 2025, 4:10 PM

Nvidia's stock increased by 3.7% ahead of its highly anticipated fourth-quarter earnings report. Analysts project a 73% rise in revenue to $38.2 billion and a 63% increase in earnings per share to $0.84. Despite some recent declines, analysts maintain a bullish outlook with 56 out of 60 recommending a 'Buy', predicting shares could rise to an average of $171.64 over the next year. Investors are keenly watching AI infrastructure investments and potential impacts from government policies.