Nvidia Q3 Earnings Surpass Estimates with Record $57B Revenue
Nvidia reported blockbuster third-quarter results, with revenue soaring to $57 billion—outpacing Wall Street's $54.9 billion forecast. Adjusted earnings per share reached $1.30, exceeding the $1.26 consensus. The chipmaker's performance underscores its dominance in AI-driven hardware demand.
Analysts maintain a Strong Buy rating on NVDA stock, with a $243.12 average price target suggesting 30% upside potential. Market watchers anticipate revised projections following the earnings release.