The analyst targets for NVIDIA's Q3 2024 earnings are generally in line with the company's previous performance, with a few notable differences:
- EPS Targets: The estimated EPS for Q3 2024 is $3.09, which is a significant increase from the actual EPS of $2.48 in Q3 2023. This suggests that analysts believe the company will experience a substantial improvement in earnings per share compared to the previous quarter.
- Revenue Targets: While specific revenue estimates for Q3 2024 are not currently available, the company's record quarterly revenue of $26.0 billion in Q1 2025 and the significant growth in revenue in previous quarters indicate that analysts expect NVIDIA to maintain its strong revenue growth rate.
- Growth Rates: The estimated revenue growth rate for Q3 2024 is not currently available, but the company's 18% growth in revenue from Q4 2023 to Q1 2025 and the 206% year-over-year growth in revenue in Q3 2023 suggest that analysts believe the company will continue to experience robust revenue growth.
Overall, the analyst targets for NVIDIA's Q3 2024 earnings reflect a strong growth trajectory, with significant improvements expected in EPS and sustained revenue growth. This is consistent with NVIDIA's recent performance and the company's positive outlook for the future.
8/22/2024 04:27am
