Nvidia earnings: 50.3% of Investing.com readers expect investors to buy the news

Investing.com -- In a closely contested poll, investors are expected to 'buy the news' following Nvidia (NASDAQ:NVDA )'s earnings report, as the latest survey from Investing.com reveals a highly divided sentiment.

A poll on social media platform X showed that 50.3% of respondents expect investors to buy the news, while 49.7% expect them to sell the news .

What Will Investors Do Wednesday Evening Following Nvidia's Q3 Earnings Report?



Shares of Nvidia have rallied significantly this year, up over 193% so far. Barclays (LON:BARC ) analysts said the results , after the close today, "will be the most important catalyst left for the remainder of the year, notable, more so than NFP, CPI, and FOMC."

Meanwhile, Lynx Equity said that with the stock close to its all-time high, they "detect investor nervousness given that the valuation is leveraged to Blackwell, a future product cycle that has had trouble getting off the starting block due to well-known heating issues."

However, Wedbush is bullish ahead of the release, stating they expect "another 'drop the mic' report" from the company, describing it as the "foundation for the AI revolution."

"Jensen & Co. are the only game in town with $1 trillion+ of AI Cap-Ex on the way for the next few years with Nvidia's GPUs the new oil and gold in this world," said the firm.

They believe that bulls need to see enterprise demand on AI "carry the torch" to move the market higher into year-end and 2025, adding that it all starts with Nvidia.

"We believe another $2 billion beat and $2 billion quarter guide higher is the recipe for success that the Street wants to see from Jensen & Co," stated Wedbush.

The firm continues to estimate that for every $1 spent on an Nvidia GPU chip, there is an $8 to $10 multiplier across the tech sector. They said this speaks to their firmly bullish view of tech stocks for 2025.

Source: Investing.com