Is Most-Watched Stock NVIDIA Corporation (NVDA) Worth Betting on Now?

Core Viewpoint - Nvidia has been trending as a highly searched stock, with its performance influenced by various factors, including earnings estimates and revenue growth [1][2]. Earnings Estimates - For the current quarter, Nvidia is expected to report earnings of $0.88 per share, reflecting a year-over-year increase of +44.3%. However, the Zacks Consensus Estimate has decreased by -3.3% over the last 30 days [5]. - The consensus earnings estimate for the current fiscal year stands at $4.29, indicating a +43.5% change from the previous year, with a slight decrease of -2.1% in estimates over the last month [5]. - For the next fiscal year, the consensus estimate is $5.44, which represents a +26.8% increase compared to the expected results from the previous year, with a minor change of -0.7% in the last month [6]. Revenue Growth - The consensus sales estimate for the current quarter is $42.71 billion, indicating a year-over-year growth of +64%. For the current and next fiscal years, the estimates are $194.17 billion and $240.53 billion, reflecting +48.8% and +23.9% changes, respectively [11]. Recent Performance - In the last reported quarter, Nvidia achieved revenues of $39.33 billion, marking a +77.9% year-over-year increase. The EPS was $0.89, compared to $0.52 a year ago, with a revenue surprise of +4.26% and an EPS surprise of +5.95% [12][13]. Valuation - Nvidia is currently graded D in the Zacks Value Style Score, indicating that it is trading at a premium compared to its peers [17].