NVIDIA Corporation Just Recorded A 11% EPS Beat: Here's What Analysts Are Forecasting Next

As you might know, NVIDIA Corporation (NASDAQ:NVDA) just kicked off its latest quarterly results with some very strong numbers. NVIDIA beat earnings, with revenues hitting US$35b, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 11%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for NVIDIA

After the latest results, the 59 analysts covering NVIDIA are now predicting revenues of US$192.6b in 2026. If met, this would reflect a huge 70% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 61% to US$4.15. In the lead-up to this report, the analysts had been modelling revenues of US$183.9b and earnings per share (EPS) of US$3.93 in 2026. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

With these upgrades, we're not surprised to see that the analysts have lifted their price target 7.2% to US$170per share. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values NVIDIA at US$220 per share, while the most bearish prices it at US$125. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 53% growth on an annualised basis. That is in line with its 44% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 20% annually. So although NVIDIA is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards NVIDIA following these results. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for NVIDIA going out to 2027, and you can see them free on our platform here.

You still need to take note of risks, for example - NVIDIA has 2 warning signs (and 1 which is concerning) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.