Nvidia to announce Q3 results: AI giant estimated to see 56% jump in revenue; all you need to know

Nvidia Q3 results: What analysts say?

Analysts tracking the stock have turned increasingly optimistic about Nvidia’s longer-term outlook. Expectations for its fiscal 2027 revenue have risen 15 percent since late May to about USD 285 billion, LSEG data showed.

Gene Munster, Managing Partner at Deepwater Asset Management, noted in a CNBC interview that during Nvidia’s GTC event on October 28, Huang outlined a roadmap for next year, including a projected USD 500 billion in Blackwell and Rubin revenue. Munster said that if Nvidia meets supply targets, this would point to a 54 percent revenue growth rate for next year. Street estimates currently stand at 41 percent, up from 34 percent earlier, and Munster described this gap as key to shaping market expectations.

Dan Ives, Global Head of Technology Research at Wedbush Securities, further said in a CNBC interview that the company, led by Jensen Huang, remains central to understanding current and future AI demand trends and that the results could act as a significant catalyst for technology stocks.

Nvidia shares are currently 8 percent below the record high hit when the company briefly became the first to reach a $5 trillion valuation. The stock, up roughly 38 percent so far this year, has declined about 10 percent since touching an all-time peak in late October.

Nvidia Q3 results: What investors will watch?

The company’s results are being closely watched as they could influence broader risk sentiment across asset classes in the near term.

Investors are expected to scrutinise the numbers for any signals of slowing demand in a segment that has powered much of the equity market’s gains in recent months. The stock has faced pressure in recent days following disclosures that several high-profile investors, including billionaire Peter Thiel’s hedge fund and SoftBank, have exited their positions.

The chipmaker has emerged as a key beneficiary of the global AI boom, with its GPUs dominating the market for training large language models and other AI applications. Nvidia holds an estimated 8 percent weighting in the S&P 500 Index, adding to the wider market implications of its earnings.

(With inputs from Reuters) 

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