facebook pixel
NVIDIA will report its third-quarter results next week. Morgan Stanley analyst Joseph Moore previewed what’s ahead for the company in 2025 and beyond. Moore expects another “very good” quarter for Nvidia when the company reports on Nov. 20 after the closing bell. According to Benzinga Pro, the Street consensus estimate is for earnings of 74 cents per share on revenue of $32.937 billion for the third quarter. Nvidia is fully supply-constrained on new products, which could limit the potential upside for the current quarter and the company’s outlook, the Morgan Stanley analyst said. Yet Moore said investors can expect several billion from Blackwell chips alone in the January quarter and fingered a more precise figure of between $5 billion and $6 billion in Blackwell revenue. Blackwell is now sold out into next October’s quarter, Moore said. He raised the sequential growth forecast and price target on the stock. On Monday, Morgan Stanley maintained Nvidia as a Top Pick with an Overweigh...
https://www.instagram.com/p/DCPq4nfR-BC
Posted on Instagram ·

 2.3k

 22

Credits
Suggested Credits

Credits on Gondola describe each credited role and may be incomplete. A brand or featured person is not necessarily the creator.

Tags, Events, and Projects