What to Watch When NVIDIA Reports Earnings
NVIDIA (NASDAQ: NVDA) is scheduled to announce its fiscal third-quarter results on Thursday, Nov. 9, after the market closes. With the stock hitting new highs, investor optimism is high, which means NVIDIA has to deliver strong growth in key markets such as gaming and the data center to keep its momentum going.
Here's what investors need to know heading into the quarterly release.
Blockbuster releases like Activision Blizzard's Destiny 2 (pictured above) should create strong demand for NVIDIA's gaming segment. IMAGE SOURCE: NVIDIA.
Source: Fool.com
NVIDIA Corp. Stock
€104.12
0.480%
Currently there is a rather positive sentiment for NVIDIA Corp. with 193 Buy predictions and 9 Sell predictions.
As a result the target price of 110 € shows a slightly positive potential of 5.65% compared to the current price of 104.12 € for NVIDIA Corp..
