Wall Street Isn't Expecting a Big Pop for Nvidia Stock on Aug. 27. Here's Why Analysts Could Be Wrong.

The fingernail-biting phase with Nvidia (NASDAQ: NVDA) should now be over. Sure, the chip stock plunged 37% at one point this year. However, it has since rebounded strongly. Nvidia's stock is now up more than 30% year to date.Could Nvidia's momentum accelerate with a potential catalyst only a few days away? The company reports its fiscal 2026 second-quarter results on Aug. 27. Wall Street doesn't appear to be expecting a big pop for Nvidia. But analysts could be wrong.To be sure, Wall Street is looking for great numbers from Nvidia's fiscal Q2 update. The consensus estimate is for adjusted earnings per share (EPS) of $1.01. If Nvidia hits that mark, it will represent year-over-year growth of 48.5%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool