Nvidia’s AI Dominance Faces Q2 Earnings Test as Analysts Remain Bullish

Nvidia stands at a critical juncture as its Q2 earnings report approaches, with Wall Street scrutinizing whether the chipmaker can maintain its leadership in the AI revolution. The company's stock has surged over 40% in the past year, fueled by insatiable demand for its data center GPUs and AI accelerators.

Consensus estimates project $1.01 EPS and $46.05 billion revenue, representing year-over-year growth of 49% and 53% respectively. Market participants await CEO Jensen Huang's forward guidance more eagerly than the headline numbers, seeking confirmation that Nvidia's technological moat remains unbreachable.

Analysts continue waving the bullish flag, with Baird's Tristan Gerra recently raising his price target to $225. The investment thesis remains unchanged: Nvidia controls the foundational technology powering generative AI, cloud computing, and advanced data analytics—markets still in their infancy.