The Nvidia stock outlook is turning increasingly bullish as investors prepare for the chipmaker’s second-quarter earnings, set to be released after markets close on Wednesday. Analysts expect record-breaking sales, even as the company grapples with headwinds from U.S. export restrictions on its China business.
Consensus estimates compiled by Visible Alpha project adjusted earnings of $1.02 per share, with revenue surging more than 50% year-over-year to $46.45 billion. CEO Jensen Huang is also expected to update investors on the rollout of Nvidia’s next-generation Rubin lineup and the development of a China-specific AI chip, designed to navigate trade restrictions.
In May, Nvidia warned of a potential $8 billion hit from U.S. export curbs. While a new agreement with the Trump administration allows resumed sales of its H20 chip in China in exchange for a 15% revenue share, the latest report will still reflect the full impact of earlier restrictions.
Despite these challenges, Wall Street sentiment remains overwhelmingly positive. Of the 14 analysts surveyed by Visible Alpha, 13 rate Nvidia a “buy”, with only one recommending “hold.” Price targets range between $155 and $225, with most estimates above $200—well above the stock’s recent close near $178.
Morgan Stanley recently lifted its target to $206, citing robust AI demand. UBS followed with a $205 target, while Wedbush raised its forecast to $210. Shares climbed nearly 2% on Monday and are already up more than 33% in 2025.
With record demand for AI hardware, steady product innovation, and strong analyst confidence, the Nvidia stock outlook suggests another blockbuster quarter may be just ahead.
