Nvidia Shares Drop Ahead of Earnings as Wall Street Lifts Forecasts

Overview

• Nvidia stock fell about 5.7% to roughly $223 in morning trading before its quarterly report.
• Analysts expect Nvidia to top estimates again and raise its outlook, and Morgan Stanley now models $79.26 billion in April-quarter sales.
• Visible Alpha shows consensus revenue near $78.5 billion and data-center sales around $72.8 billion for the coming quarter.
• Nvidia last quarter posted $68.1 billion in revenue, and CEO Jensen Huang cited $1 trillion in cumulative demand for Blackwell and Rubin by 2027.
• Investors also watch supply capacity, rival chips, and U.S. export curbs on China that could shape guidance.