Nvidia Q4 Revenue Seen at $65.6B, EPS $1.50, China H200 Shipments $3–3.5B
Analysts forecast Nvidia Q4 revenue of $65.64B, up 67% Y/Y, with EPS of $1.50 versus $0.89 last year, while guidance targets $63.7–66.3B. KeyBanc highlights $3–3.5B of H200 China sales and rising Blackwell shipments as drivers, with consensus price targets ranging $195–$352.
1. Q4 Estimates
Analysts project fourth-quarter revenue of $65.64B, a 67% increase from $39.33B a year ago, with EPS forecast at $1.50 versus $0.89 last year. Nvidia has surpassed revenue estimates for 13 consecutive quarters and EPS estimates for 12 quarters.
2. Analyst Ratings and Price Targets
Over 30 analysts maintain a consensus Buy rating with price targets ranging from $195 to $352 and an average target of $261.54 as bullish sentiment continues ahead of earnings.
3. KeyBanc’s China and Blackwell Outlook
KeyBanc highlights potential $3–3.5B in H200 shipments to China for F4Q and expects increased Blackwell Ultra unit shipments and ASP gains to drive revenue and guidance.
4. Stock Price Performance
Shares closed up 0.91% to $191.55, sitting near a 52-week high of $212.19, up 2.71% year-to-date and 47% over the past 12 months, reflecting strong investor anticipation.