Nvidia afronta los resultados bajo máxima presión

Nvidia faces intense scrutiny as it prepares to release its quarterly results. This crucial moment is marked by seven consecutive declines on the stock market. The chip manufacturer is expected to receive almost all the attention from investors tomorrow. The company is set to publish its quarterly earnings at the close of Wall Street, the most anticipated event of the week.

Analysts from XTB believe that the market's expectations may prove detrimental to Nvidia's stock price, given that the company's performance has consistently exceeded analyst expectations over the past 14 quarters. However, the gap has narrowed from around 30% to just 5% in the last two years, intensifying the pressure on the company.

Nvidia's next quarter is also facing significant expectations, with analysts predicting revenues to exceed $104 million. However, firms like UBS are forecasting an even higher range of $110,000 million, while Citi is projecting $105,000 million. The market's expectations are also very aggressive regarding another key ratio, the adjusted gross margin, which is expected to remain unchanged at 75% for both the second and third quarters of 2026.

The real question now is not whether there is demand for AI, but whether it continues to grow fast enough to justify increasingly stringent expectations. Options are pricing a move close to 6% after results, with the potential to move to a large part of the semiconductor and technology ecosystem, according to eToro analysts. In this highly demanding scenario, with the focus on the evolution of the data center business and the Vera Rubin platform, which generate great expectations, investors are preparing themselves.

Nvidia shares fell 2.91% yesterday, marking the seventh consecutive decline, down to $208.4 per share. This drop reduces the year-to-date gain by 11.79% and brings the share price below its May high of $220.4. Until the earnings are released, the market consensus remains that Nvidia has a 50% upside potential from current levels.

Analysts assign a median price target of $314, with an overwhelming 96.3% recommending buy. Only one analyst recommends selling the stock.