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Evercore Bullish on Nvidia’s Q3 Earnings, Names NVDA a ‘Top Pick’

Evercore Bullish on Nvidia’s Q3 Earnings, Names NVDA a ‘Top Pick’

Author:

Global Cryptocurrency

Published:

2025-11-16 21:42:02

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BTCCSquare news:

Nvidia (NVDA) is poised to report its Fiscal Q3 2026 results amid strong Wall Street optimism, despite competitive and geopolitical headwinds. Evercore analyst Mark Lipacis anticipates a beat-and-raise performance, citing improved supply chain dynamics for GB200/GB300 GPUs and sustained demand exceeding availability.

Consensus estimates project a 54.3% YoY EPS surge to $1.25, with revenue climbing 56.3% to $54.83 billion. Lipacis maintains a $261 price target, reinforcing NVDA as a Core semiconductor holding. The earnings call will scrutinize execution in China and AI monetization trends.

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