Question
Will NVIDIA exceed their revenue forecast of $54.0 billion for Q3 FY26?
Judgement rule
Background:
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-second-quarter-fiscal-2026
https://nvidianews.nvidia.com/news/nvidia-sets-conference-call-for-third-quarter-financial-results-6914442
If NVIDIA does not announce their earnings as scheduled on 19 November 2025 than this market will expire as NO.
H/T to Kailey for suggesting this market!
DETAILS
Outlook
NVIDIA’s outlook for the third quarter of fiscal 2026 is as follows:
Revenue is expected to be $54.0 billion, plus or minus 2%. The company has not assumed any H20 shipments to China in the outlook.
GAAP and non-GAAP gross margins are expected to be 73.3% and 73.5%, respectively, plus or minus 50 basis points. The company continues to expect to exit the year with non-GAAP gross margins in the mid-70% range.
GAAP and non-GAAP operating expenses are expected to be approximately $5.9 billion and $4.2 billion, respectively. Full year fiscal 2026 operating expense growth is expected to be in the high-30% range.
GAAP and non-GAAP other income and expense are expected to be an income of approximately $500 million, excluding gains and losses from non-marketable and publicly-held equity securities.
GAAP and non-GAAP tax rates are expected to be 16.5%, plus or minus 1%, excluding any discrete items.
https://www.tipranks.com/stocks/nvda/forecast?utm_source=chatgpt.com
Analysts’ expectations
TipRanks consensus: revenue forecast is around $54B, slightly above or near management guidance (https://www.tipranks.com/stocks/nvda/forecast?utm_source=chatgpt.com)
Two alternatives
until
2025/11/18 21:00
New question proposed accepted on 2025/10/31 15:01:56