Nvidia(US:NVDA) Wind万得·2025-08-26 22:26Core Viewpoint - Nvidia's upcoming Q2 FY2026 earnings report is highly anticipated as it serves as a key indicator of the AI investment climate and tech stock trends, given its status as a leading beneficiary of the AI wave and its significant market capitalization [1]. Earnings Outlook - Market expectations for Nvidia's revenue are set at $45.5 billion, reflecting a year-over-year increase of 51.5%, with Non-GAAP earnings per share projected at $0.99, up 46.2% year-over-year. The recent stock price increase is primarily driven by valuation expansion rather than significant upward revisions in earnings forecasts. Key focus will be on whether gross margins can recover this quarter, amid challenges such as slowing performance improvements per card and rising complexity and manufacturing difficulties [3]. Q1 Earnings Growth - Nvidia's Q1 earnings report shows a revenue of $44.062 billion, a substantial increase of 69.18% year-over-year, with net profit reaching $18.775 billion, up 26.17% [5]. Stock Price Volatility - Options market data indicates that Nvidia's market capitalization could experience fluctuations of approximately $260 billion following the earnings report. Analysts are closely monitoring the report to assess the reasonableness of its $4 trillion market cap. Recent ratings show 11 institutions have given Nvidia a buy rating, with target prices ranging from $190 to $206 [8]. New Product Launch - Nvidia has launched the Jetson Thor, a supercomputer for robotics based on the Blackwell architecture, which significantly enhances AI computing power by 7.5 times and energy efficiency by 3.5 times compared to its predecessor, Jetson Orin. This product is aimed at various industries, including manufacturing, logistics, and healthcare, and is priced at $3,499 for the developer kit [15][16].