Nvidia Stock (NVDA) Forecast: AI Analyst Predicts 20% Surge Ahead of Q2 Earnings

Nvidia's AI momentum charges toward Q2 earnings—analysts eye 20% upside potential.

The AI Gold Rush

Nvidia keeps riding the artificial intelligence wave that's reshaping entire industries. Their chips power everything from data centers to autonomous vehicles—making them the undisputed king of AI hardware.

Earnings Catalyst

Quarterly results could deliver the rocket fuel for another major breakout. Wall Street's watching for beats on both revenue and guidance—anything less might trigger the usual overreactions.

Because nothing says 'stable investment' like betting on a company whose stock moves 5% on whether chip shipments beat estimates by 2%.

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For context, TipRanks’ A.I. Stock Analysis delivers automated, data-driven evaluations of stocks based on key performance metrics, giving investors a clear and concise snapshot of a stock’s potential.

Nvidia Earns Outperform Rating

According to TipRanks A.I. Stock Analysis, Nvidia earns a solid score of 84 out of 100 with an Outperform rating. Notably, the tool highlights both the positive and negative factors influencing the company’s stock performance.

Among the positive factors, AI demand remains strong, fueled by heavy investments from hyperscale companies and additional momentum from new Sovereign AI partnerships. On the earnings front, Nvidia’s management expects initial shipments of its GB300 this quarter, with a larger production ramp coming in the following quarters. Together, these factors are set to support solid double-digit revenue growth.

On the bearish side, Nvidia faces geopolitical risks, including a potential 15% tax on AI exports and rising pressure for China to shift toward domestic AI chips. This could weigh on its guidance. Additionally, demand for Nvidia’s latest chips continues to outpace supply, creating short-term challenges in meeting orders.

Wall Street also Stays Bullish on NVDA ahead of Q2 Earnings

Overall, analysts project Nvidia will post Q2 earnings of $1.01 per share, marking a 47% jump from last year. Meanwhile, revenue is expected to reach $45.9 billion, according to the TipRanks Analyst Forecasts Page. 

Furthermore, multiple analysts have raised their price targets on NVDA stock ahead of the Q2 print. Most recently, Wedbush analyst Matt Bryson raised NVDA’s price target from $175 to $210. Bryson cited booming hyperscale AI spending, steady demand for GPUs, and a potential rebound in China sales as key drivers for Nvidia’s growth.

Similarly, five-star-rated analyst John Vinh at KeyBanc raised his price target on Nvidia to $215 from $190 while maintaining a Buy rating. He expects strong July-quarter results but cautions that guidance for the October quarter may come in softer.

What Is the Target for Nvidia Stock?

According to TipRanks, NVDA stock has a Strong Buy consensus rating based on 35 Buys, three Holds, and one Sell assigned in the last three months. At $198.57 the Nvidia average share price target implies a 11.6% upside potential.

Year-to-date, NVDA stock has gained over 30%.