Nvidia's (NVDA) Big Earnings Moment: Analysts Expect No Drama as Targets Move Higher

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Analysts are Tracking Closely. On November 18, BNP Paribas Exane raised its price target on the stock to $250.00 from $240.00 while maintaining an Outperform rating.

The rating comes ahead of the company’s upcoming earnings report due on November 19. BNP Paribas believes that Nvidia will deliver a “classic marginal beat/raise” quarter driven by strong growth trends.

“We don’t expect much drama in terms of numbers into NVDA’s FQ3’26 results on Wednesday where we expect the classic marginal beat/raise. Cons stands at $55bn for FQ3 revenues (+18% q/q; +57% y/y), with buyside a touch higher vs guidance $54bn. This translates into cons EPS of c.$1.30."

"For FQ4, cons revenues stands at $62bn (+12% q/q) and buyside likely higher at c.$63–64bn. Outside of FQ2’26 impact from China export restrictions, NVDA has averaged c.$5bn incremental revenue growth q/q for the previous 8 quarters. The FQ4 cons at +$7bn is on the higher side but also embeds a richer Blackwell ASP in the mix.”

On the same day, Stifel reiterated the stock as “Buy” and raised its price target to $250 per share from $212.

“We are increasing our estimates and introducing F2028 estimates ahead of NVDA’s F3Q report Wednesday, 11/19.”

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.

While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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