Nvidia: Q3 Earnings Could Ignite $200 Rally
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Nvidia Corporation's Q3 FY25 revenue forecast is $32.5 billion, reflecting significant growth driven by its GPUs. The company's operating margin has increased to 68%, indicating strong profitability.
November 12, 2024 | 7:00 pm
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Nvidia's Q3 FY25 revenue forecast of $32.5 billion, driven by its GPUs, indicates strong growth and profitability, with an 81.8% YoY increase and a 68% operating margin.
Nvidia's significant revenue growth forecast and high operating margin suggest strong financial performance. The demand for its GPUs, priced at $30K–$40K, outstripping supply, further supports a positive outlook for Nvidia's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100