Wall Street Isn't Expecting a Big Pop for Nvidia Stock on Aug. 27. Here's Why Analysts Could Be Wrong.
Maybe Nvidia's fiscal Q2 update will be ho-hum. But maybe not.The fingernail-biting phase with Nvidia (NVDA 1.65%) should now be over. Sure, the chip stock plunged 37% at one point this year. However, it has since rebounded strongly. Nvidia's stock is now up more than 30% year to date.Could Nvidia's momentum accelerate with a potential catalyst only a few days away? The company reports its fiscal 2026 second-quarter results on Aug. 27. Wall Street doesn't appear to be expecting a big pop for Nvidia. But ana ...