Nvidia Provides Revenue Guidance and Wall Street Estimates Diverge Slightly
Nvidia has provided revenue guidance of $91 billion plus or minus 2% for its fiscal second quarter ending July 26, with an expected report date on August 26. Analysts' average estimate is slightly higher at $91.9 billion. The small gap between the company's forecast and Wall Street expectations highlights a relatively modest beat scenario compared to Nvidia’s recent history of outperforming estimates. The guidance implies near-doubling year-over-year revenue growth from $46.7 billion in the prior period, driven largely by data center compute demand excluding China due to U.S. export restrictions on H20 chips since April 2025. Analysts have consistently revised their forecasts upward for this quarter over the past month. Nvidia has historically exceeded its guidance and analyst expectations, with adjusted earnings per share beating estimates in each of the last four quarters by about 3% to 6%. The company is also maintaining a gross margin target around 75%, signaling strong pricing power despite slowing sequential revenue growth compared to previous quarters.
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Topics: Earnings Guidance Nvidia Stock Market