Institution: NVIDIA's Fourth Quarter Revenue Expectations Fail to Impress Wall Street
According to TechFlow, on November 21, data from Jin10 shows that NVIDIA's revenue forecast for the fourth quarter announced on Wednesday slightly exceeded expectations but still fell short of some investors' high hopes. Following the earnings report, the company's stock fell about 2% in after-hours trading. The company expects fourth-quarter revenue to be $37.50 billion, with a fluctuation of 2%, while the average analyst expectation based on LSEG data is $37.09 billion.
NVIDIA CEO Jensen Huang stated, "The AI era is accelerating, driving the global shift towards NVIDIA computing." He remarked, "As foundational model manufacturers expand the scale of pre-training, post-training, and inference, the demand for Hopper and the expectations for Blackwell are incredible." Prior to the earnings announcement, expectations were high, and NVIDIA's stock price had risen over 20% in the past two months. So far this year, the company's stock price has nearly quadrupled, increasing more than nine times over the past two years.
Institution: NVIDIA's Fourth Quarter Revenue Expectations Fail to Impress Wall Street
According to TechFlow, on November 21, data from Jin10 shows that NVIDIA's revenue forecast for the fourth quarter announced on Wednesday slightly exceeded expectations but still fell short of some investors' high hopes. Following the earnings report, the company's stock fell about 2% in after-hours trading. The company expects fourth-quarter revenue to be $37.50 billion, with a fluctuation of 2%, while the average analyst expectation based on LSEG data is $37.09 billion.
NVIDIA CEO Jensen Huang stated, "The AI era is accelerating, driving the global shift towards NVIDIA computing." He remarked, "As foundational model manufacturers expand the scale of pre-training, post-training, and inference, the demand for Hopper and the expectations for Blackwell are incredible." Prior to the earnings announcement, expectations were high, and NVIDIA's stock price had risen over 20% in the past two months. So far this year, the company's stock price has nearly quadrupled, increasing more than nine times over the past two years.
