Semiconductor giant Nvidia (NVDA) is scheduled to announce its first quarter 2025 financial results after the bell on Wednesday, May 22nd. The company's stock has soared more than 80% so far this year. But as Yahoo Finance's Madison Mills points out, “Can the semiconductor manufacturing powerhouse live up to its lofty expectations?”
“Many analysts are wondering if we can get any further upside or pop from this particular earnings report because expectations are so high,” explains Yahoo Finance's Julie Hyman. “And of course there's a lot of focus on the forecast for the next quarter and the second half of this year.”
Yahoo Finance's Miles Udland added, “The landscape of what they're reporting has changed quite a bit in the last month in terms of investor enthusiasm growing about what the earnings picture is going to be, not just for this quarter but for the balance of the year.”
“In fact, over the last year and a half, stocks have crashed. So you have to be careful about when something happens,” says Patrick Moorhead, founder and CEO of Moor Insights & Strategy. “The company clearly beat expectations on revenue and EPS, which gives us very positive guidance,” Moorhead said, basing his analysis on “two or three core things.” “Demand is off track,” development risk is “moderately low,” and manufacturing. “There may be some risks in TSMC's (TSM) manufacturing that we should focus on,” Moorhead said.
This post is Mariela Rosales.
video transcript
Let's talk about NVIDIA. That's because NVIDIA has led the way this year as well, with its stock up nearly 87% since its January 1st market announcement. NVIDIA's financial results and guidance are highly anticipated.
The AI chip darling will release its first fiscal first-quarter results after the closing bell on Wednesday, capping off a report from America's largest tech giant.
But the big question is whether the chip-making powerhouse can live up to high expectations.
If you look at what our analysts are forecasting for revenue, they're expecting some really impressive growth here.
That means adjusted earnings per share of $5.54 and revenue of $24.6 billion.
Again, the bulk of that will be data centers.
Many analysts are wondering whether there will be any additional upside or pop from this particular earnings report as expectations are so high.
And of course the focus will be very much on the forecast for the next quarter and the second half of the year. The context in which they report has changed considerably over the last month and is now even more enthusiastic. Investors are giving us their opinions on what earnings will look like not just this quarter but throughout the year, and we're having serious conversations about what 2026 will look like for him at NVIDIA.
What will 2028 look like for NVIDIA?
And how much has that story changed?
In fact, stock prices have plummeted over the past year and a half.
So you have to be careful about when something happens.
And as we've seen in the multiples we've seen, the company clearly beat expectations on revenue and EPS, and I believe that we're going to see some very positive guidance.
And I base much of this analysis on two or three central things. It's about looking at demand and seeing demand go off track.
Well, the development risk is somewhat lower. Because Blackwell is very similar to previous chips. And then there's manufacturing. Manufacturing from TS MC may involve some risk. You need to consider that.