Zacks Strategist Shaun Pruitt Discusses Whether Nvidia Stock Still Has Mojo After Q3 Earnings

Financial Performance - Nvidia's Q3 sales grew 62% year-over-year to a quarterly record of $57 billion [3] - Nvidia's Q3 EPS grew 60% to $1.30 per share [3] - Nvidia expects Q4 sales to reach a new quarterly peak of $65 billion, plus or minus 2% [6] Market Trends and Growth Drivers - Nvidia's sequential sales growth stretched 22% from $46.74 billion last quarter, indicating strong demand [4] - Nvidia's lifted outlook shows the AI demand explosion is very much alive, particularly in AI training and inference workloads [6] - Strategic partnerships with OpenAI, Uber, and Elon Musk's X AI are keeping Nvidia at the center of the AI ecosystem [7] - Analysts are actively upgrading price targets for Nvidia, with the average price target suggesting a 28% upside [9][10] Future Products and Technology - Nvidia's Vera Rubin platform, the successor to its black whale architecture, is scheduled to launch in Q3 2026 [8]