While cases continue to rise again with the spread of variants globally, making it hard to imagine an eventual end to all of this, there will eventually come a time where cases decline for good. Nvidia has done so well as of late that there’s really only one thing driving a bearish argument, and that’s the potential impact that the decline of the coronavirus pandemic will likely have on the gaming industry. If the whisper number proves to be accurate, Nvidia’s stock could go down post-earnings as expectations fail to be met. In Nvidia’s case, retail investors and traders should take note that the company’s whisper number is $6.27 billion, slightly below that average earnings estimate of $6.32 billion predicted for the upcoming earnings call. This whisper number can often prove to be much closer to the true earnings numbers than the publicized estimates themselves, occasionally shaking up those post-earnings numbers quite a bit. While these earnings estimates are the ones that get publicized, many experts partake in what’s known as the whisper number - the hushed estimate. This should be reassuring to retail investors interested in the company because the takeaway is limited downside risk unless price gets too far ahead of valuation. No matter whether the analysts are more optimistic or pessimistic on the range, they all seem to believe that Nvidia won’t be stopping its success story anytime soon. On the high end, some experts have gone as far as estimating $6.42 billion.Īs for the next quarter, those 30 analysts see their average earnings estimates rise to $6.52 billion, with $5.91 billion on the low end and $6.96 billion on the high end. On the low end, experts have said $6.3 billion. Revenue and net income are also both up for Nvidia compared to years past, which further pleases bullish investors betting big on the company’s continued success.īy the end of Nvidia’s current quarter, a group of 30 analysts see the company having an average quarterly earnings estimate of $6.32 billion. Indeed Nvidia chips are deeply embedded and relied upon in a host of key, fast-growing industries:īetween January and December of 2020 alone, the company’s stock shot up over 100% - this rapid rise has continued into 2021, with the price per share rising from just over $60 in the beginning of January of 2020 to over $200 at the start of July 2021. This fact has remained unchanged throughout 2020 and into 2021, which is a truly remarkable feat considering how many companies suffered as a result of the global spread of the coronavirus. In both Nvidia’s data center and its video game division, things are looking better than ever. It’s not hard to make a bullish argument for investing in Nvidia. Often, these calls practically guarantee some major activity on the stock market as the company’s share price adjusts to the newly released information - in other words, these earnings calls will create price volatility.Ĭomputer chip giant Nvidia ( NVDA) has its next earnings call on August 18th, and it could be the catalyst to break towards new highs. While it might not be the first thing you think of when trying to determine which companies to buy stock in, a company’s quarterly earnings report often proves to be one of the very best indicators of the company’s success or failure.įour times a year, the company will release its numbers, clueing in retail investors and traders (and potential investors and traders, as well) on its revenue, growth, and net income over the past few months.
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