| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
The much-awaited earnings report from artificial intelligence stalwart Nvidia Corp. (NASDAQ:NVDA) is around the corner and analysts expect another quarter of robust performance from the company. The earnings report of the Jensen Huang-led company is vital for the continuation of the market rally, according to market strategists.
The Street View: For the second quarter of fiscal 2025, analysts, on average, expect earnings of $0.64 per share and revenue of $28.68 billion, according to data available on Benzinga Pro data. This compares to the year-ago numbers of 25 cents (split-adjusted) in earnings and $13.51 billion in revenue.
It is widely expected that Nvidia shares, which are up over 160% year-to-date, could rally further if quarterly results beat the high bar and the management offers positive commentary regarding AI accelerators’ production and ramp-up.
The average analysts’ one-year price target for Nvidia shares, based on data compiled by TipRanks, is $149.89, which points to roughly 16% upside from current levels.
See Also: Best AI Stocks
Biggest Beneficiaries: Nvidia is undoubtedly a retail favorite now but the bulk of the shares (66.75% of the outstanding shares) are held by institutions, and insiders account for 4.29%, according to the Yahoo Finance database. The top institutions holding a big chunk of shares are as follows:
| Institutions/Insiders | No of Shares Held | % Of total Outstanding Shares |
| Vanguard Group Inc | 2.15M | 8.72% |
| BlackRock, Inc. (NYSE:BLK) | 1.84M | 7.48% |
| Fidelity Investments | 1.04M | 4.24% |
| State Street Corporation (NYSE:STT) | 0.982M | 3.99% |
| Jensen Huang (CEO) | 0.862M | 3.50% |
| Geode Capital Management | 0.535M | 2.17% |
| Price T Rowe Associates | 0.445M | 1.81% |
| JPMorgan Chase & Co. (NYSE:JPM) | 0.391M | 1.59% |
| Morgan Stanley (NYSE:MS) | 0.337M | 1.37% |
| Norges Bank Investment Management | 0.292M | 1.19% |
Huang is among the AI billionaires, whose wealth rose in geometric proportion amid the rising popularity and the large-scale adoption of the technology. Forbes estimates Huang’s wealth at $113 billion, and he is ranked 20 on the publication’s billionaires list.
Nvidia closed Friday’s session up 4.55% at $129.37 on Friday and the stock was up an incremental 0.83% in Monday’s premarket session, according to Benzinga Pro data.
Read Next:
Image Via Shutterstock
