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NVIDIA's Q4 Earnings Blowout: Buy, sell or hold?
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NVIDIA Q4 FY24 Earnings Preview: Grab rewards by guessing the opening price!

$NVIDIA(NVDA.US)$ is releasing its Q4 FY24 earnings on Feburary 21, after the U.S. stock market close. How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 10,000 points: For mooers who correctly guess the price range of $NVIDIA(NVDA.US)$'s opening price at 9:30 AM ET Feb 22 (e.g., If 50 mooers make a correct guess, each of them will get 200 points!)
(Vote will close on 8:00 AM ET Feb 22)
● Exclusive 300 points: For the writer of the top post on analyzing NVDA's earnings prospects.
NVIDIA Q4 FY24 Earnings Preview: Grab rewards by guessing the opening price!
Note:
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
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NVIDIA Q4 FY24 Earnings Call
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  • ZnWC : Nvidia Q4 FY24 earnings EPS and revenue will meet expectations:
    EPS $4.18 est; $0.57 YOY
    Revenue $20.38 billion est, $6.05 billion YOY
    The accomplishment is outstanding given that Nvidia AI chips are in high demand.

    Since the start of 2024, Nvidia shares have gained more than 50%, after more than tripling in value in 2023. Nvidia is expected to be one of the leading contributors to S&P 500 earnings growth in the first quarter of 2024, according to FactSet projections.

    Nvidia has a consensus rating of 'Strong Buy' which is based on 34 buy ratings, 4 hold ratings and 0 sell ratings. It is not surprising that the stock has received a bullish rating but TA indicators flagged severely overbought.

  • 102362254 : Analysts anticipate total revenues of $20.52B for Q4 FY24, driven by optimism surrounding the strength of Nvidia’s Data Center segment. This segment has experienced a significant surge in performance, growing nearly 3.5 times since Jan 2023. The growth is attributed to robust demand for GPUs from Cloud Service Providers and the increasing adoption of accelerated computing for AI in data centers.

    Despite the substantial rise in stock value, there is ongoing debate regarding the future performance of the Data Center segment. Analysts project Q1 2025 revenues to reach $18.3 billion, although estimates vary widely from $65.4 billion to $121.2 billion. However, the long-term outlook remains positive, with Nvidia positioned as a key player in the AI revolution. I’m hopeful for Nvidia to open between 750-800 on 22 Feb.

  • BullBravo : Will open wt gap up

  • Tonyco ZnWC: Gonna shoot up high that's for sure!

  • Walter_Del_Sol : That Thursday Morning, there's going to be a GrillMaster named Nvidia flipping Bear Burgers all day......... I say it opens at 875

  • mooomoney : NVDA will report excellent quarterly results, but the stock has been on a massive run. it will go into earnings trading side ways around 730. will gain about 50 per share after report. opens next day 787 per share. will break 800 before end of week.

  • Andre88888888 : Above 800!!

  • Sonya Buissereth : They are do for a pull back

  • 小trader : Overall, I believe Nvidia's earnings are crucial, but its long-term tailwind remains intact.

    Companies are rushing to leverage AI opportunities or build generative AI capabilities to enhance their market position or streamline operations. Yet, few, especially from an enterprise standpoint, can claim readiness for widespread adoption. Nvidia steps in here. With Nvidia's chips, corporations can realize their AI goals, driving productivity gains and automation efficiencies, indicating substantial growth potential. Combining revenue from the first three quarters and factoring in Q4 guidance, Nvidia is poised to reach nearly $60 billion in fiscal 2023 revenue.

  • JonathanPatton : They most likely wont go down that is for sure but i really hate to say this but this company is way to stretched out and for them to keep this price they are gonna have continue for years to crush their earnings. Just think this stock was around a hundred just over a year ago when everyone thought the economy was going down. Inflation numbers arent really improving. I hate to say it but i feel sorry for the ones that bought in in the past few months because when the rug comes out from under here it will come down faster than it went up. Im definitely not anti NVDA at all i love this stock but the evation on here dont even make sense Alls I gotta say is SMCI.. Be careful buying stocks in this market.. Its obvious that this thing has got to retract. Not saying there is no deals because there are plenty but there are some extremely over priced stocks and I hate to see anyone lose money when we are all here to make money..

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