Nvidia (NVDA) Earnings Preview: Hedge Funds Bullish Ahead of Q4 Report
Nvidia's fiscal Q4 earnings report on February 25 comes amid heightened institutional interest, with hedge funds increasing positions by 1.6 million shares last quarter. The chipmaker carries a Strong Buy rating and 39% upside potential to its $261.84 average price target.
New stakes from Spence Asset Management ($19.5M) and aggressive accumulation by Pachira Investments (+55%) and Crystal Rock Capital (+53%) contrast with modest profit-taking by some funds. This activity coincides with Nvidia's 2026 stagnation alongside other Magnificent Seven stocks, despite its AI-driven surge post-ChatGPT's 2022 debut.
Wall Street anticipates $1.52 EPS and $65.67 billion revenue as the company's data center and gaming segments face scrutiny. The earnings call may reveal how Nvidia plans to maintain its AI hardware dominance amid growing competition.