Core Viewpoint - Nvidia's stock has struggled to recover from a significant market capitalization loss, remaining down 3.98% year-to-date as of February 12, 2025, despite a potential upcoming earnings report that could act as a catalyst for growth [2][3]. Group 1: Stock Performance and Market Sentiment - Nvidia shares are currently trading at $133.37, slightly above the previous closing price of $132.80, indicating a lack of significant recovery [2]. - The stock has experienced substantial volatility around earnings reports, with notable price swings before and after announcements [5][6]. - Historical trends show that Nvidia's stock often rebounds strongly after earnings reports, with increases of 15.10% and 15.46% following previous filings [6]. Group 2: Upcoming Earnings Report - Nvidia is set to release its quarterly earnings report on February 26, 2025, raising questions about whether now is the right time to invest [3][4]. - The upcoming report is expected to be strong, covering the final quarter of 2024, which was not significantly impacted by recent challenges [11]. - Wall Street anticipates earnings-per-share (EPS) of $0.85 and revenue of $38.13 billion, which may be challenging for Nvidia to exceed given its recent performance [12]. Group 3: Market Challenges and Opportunities - Recent geopolitical factors, including export restrictions and tariffs, have contributed to a more cautious outlook for Nvidia [10]. - Despite these challenges, the current stock price may present a buying opportunity, as it has not fully recovered from previous dips [9]. - Investors may experience a pre-filing drop in stock price due to heightened nervousness surrounding the upcoming earnings report [9].
Should you buy Nvidia stock ahead of the earnings?