Nvidia earnings are due out on August 26, 2026, and right now Wall Street is expecting one of the strongest quarters the company has had in a while. Wall Street projects revenue at close to $92 billion, a gain of nearly 97% from a year earlier, and the Nvidia stock forecast has kept climbing as the date gets closer. Wall Street expects per-share profit to land around $2.08 to $2.09, almost double what Nvidia reported last year, and analysts have revised the Nvidia earnings forecast up more than once in recent weeks. Analysts covering the Nvidia stock price target have also been raising their numbers, mostly because Nvidia AI demand keeps outpacing what most desks had modeled even a few months back.
Also Read: Nvidia vs. Micron: One AI Trade Is Getting Far More Expensive
Nvidia Earnings, Stock Forecast And AI Demand Outlook
Here’s what the numbers actually show, and what could end up moving the stock once Nvidia earnings hit the wire.
What The Nvidia Earnings Forecast Shows
FactSet and Wedbush Securities expect revenue to land somewhere between $91.85 billion and $92.06 billion for the quarter that just ended in late July, and that range lines up with a separate estimate near 97% growth to about $92.2 billion. Analysts peg earnings per share at $2.08 to $2.09, up close to 98% to 99% from a year ago, matching the Nvidia earnings forecast that most desks have been circulating this week. Nvidia has only missed Wall Street’s target twice in the last 22 quarters, per Yahoo Finance, and it beat again back in May 2026 with $81.62 billion in revenue and adjusted earnings of $1.87 a share. Wedbush analyst Matt Bryson expects another beat on both lines, and pointed to a supply picture where, in his own words:
Matt Bryson, Wedbush Securities analyst, said:
component and material access, not end demand, is defining shipments
Nvidia AI Demand And The Nvidia Stock Price Target
Data center revenue alone hit a record $75.2 billion in the first quarter of 2026, up 92% from a year earlier, as hyperscale companies keep racing to add capacity for AI workloads. Nvidia’s share of the AI accelerator market sits somewhere between 85% and 92% as of mid-2026. CEO Jensen Huang has pointed to a $1 trillion cumulative GPU opportunity running through 2027, and that figure keeps coming up as the backbone behind Nvidia AI demand. Ratings have followed the same pattern, with 37 to 62 analysts holding Buy or Strong Buy calls and an average Nvidia stock price target somewhere between $304 and $308, though Bryson’s own number sits higher, at $330.
Nvidia Stock Forecast After Earnings
At the time of writing, shares are only up 19% over the past year, which roughly matches the S&P 500, even though the business itself has kept accelerating underneath. Based on a fiscal 2027 earnings-per-share consensus of $9.02, the stock trades around 23.6 times forward earnings, and that puts the Nvidia stock forecast on a cheaper footing than the sticker price would suggest. Analysts have bumped forward estimates higher after each of the last four earnings reports, a pattern that ties pretty directly back to Nvidia AI demand and to momentum around the Rubin platform, including SpaceX’s plan to build exclusively on Nvidia hardware.
Nvidia earnings season tends to bring this kind of split reaction anyway, and sentiment is split right now. A Stocktwits poll from August 25 found over 76% of retail investors expect a beat, and yet the stock has also spent the last seven days sliding lower, with options traders pricing in a swing of roughly 5.5% either way once the numbers come out. Nvidia’s track record of beating forecasts, and the fact that demand doesn’t look like it’s slowing down anytime soon, still gives the Nvidia stock forecast a decent case for holding up, no matter which way the stock moves right after the report lands.
Today’s Nvidia earnings report should settle whether the run keeps going, though the growth already priced into the estimates has arguably made the stock cheaper on a forward basis than it looks at first glance.