Nvidia is set to release its latest quarterly earnings after Wednesday’s market close, with Wedbush analysts forecasting that the report will be closely tracked across the technology sector as a gauge for overall AI demand.
According to Wedbush, concerns over recent volatility in technology shares and skepticism about a potential “AI bubble” have sharpened investor attention on Nvidia’s performance.
Based on supply chain assessments and notable capital expenditure increases announced by leading tech firms last month, Wedbush anticipates Nvidia will deliver results that significantly beat consensus forecasts. On average, Wall Street expects Nvidia to post a 55.7% year-over-year surge in revenue to $54.26 billion, with earnings per share climbing from $0.81 to $1.24.
With a bullish view, Wedbush believed that Nvidia will easily surpass Street expectations, backed by positive signals from our Asian supply chain checks and extraordinary cap-ex figures among the major technology players.
The analysts also expect Nvidia’s Blackwell platform to feature prominently during the company’s earnings call, reflecting robust market demand. Furthermore, Wedbush suggested that Wall Street continues to undervalue Nvidia’s growth prospects, arguing that the market is substantially underestimating Nvidia’s outlook as global demand for AI infrastructure is still in the early phases.
Looking ahead, Wedbush projects that capital expenditures among leading tech companies could top $550 billion in 2026, driven by expanding AI infrastructure adoption by enterprises, governments, and other global stakeholders.
The brokerage emphasized that Nvidia’s guidance and CEO Jensen Huang’s commentary have the potential to boost technology stocks as the year closes and will be closely watched by investors evaluating the scale of AI-related spending.
