Nvidia: The market has overly high expectations for the upcoming financial reports
2026-08-13 22:40:50
According to CoinMeta, the long positions in Nvidia may face some challenges, as the market has overly high expectations for the company's financial report, which is scheduled to be released on August 26th. Analyst James Schneider warns that although Nvidia is expected to have a strong quarterly performance, market expectations for its financial report have been raised due to the stock price increasing by more than 12% in the past two weeks. The stock of Nvidia has risen by 65% in the past six months and is currently only about 5% away from its 52-week high. Wall Street expects Nvidia to achieve another strong performance in the second quarter of the 2027 fiscal year, with revenue expected to be close to $92 billion, representing a year-over-year increase of about 96%.
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Source:Internet
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