** Nvidia Corp NVDA.O shares up ~3.3% after three straight days of losses and ahead of hotly anticipated fiscal Q4 financial report due after market close
** Wall Street sees the artificial intelligence chip leader reporting adj EPS of $0.84, which would be up ~62% from $0.52 in year-ago quarter on rev of $38.045 bln, which would be up 72% from $22.103 bln year-ago, according to LSEG
** In comparison, Nvidia's earnings rose more than 100% in Q3 when rev rose 94%, as per LSEG and in last 8 quarters NVDA's EPS, rev met or beat estimates every time
** Demand for Nvidia's pricey artificial intelligence chips will be closely monitored amid doubts about hefty AI spending after January emergence of low-cost AI models from China's DeepSeek
** NVDA last traded at $130.81 vs median PT of $175 as per LSEG, which shows 63 analyst ratings: 23 'strong buy,' 34 'buy' and 6 'hold'
** With competition concerns turning investors more cautious, NVDA was last down 2.8% YTD after rising 171% in 2024 vs gain of ~2% for the Dow .DJI YTD, 12.9% gain in 2024 and >2% drop YTD for S&P 500 tech sector .SPLRCT following 35.7% gain in 2024
** Options imply a 9.0% swing for shares of the AI bellwether in either direction after the results, slightly larger than the stock's average move of 7.6% on the day after results over the last 12 quarters, according to analytics service ORATS
(Reporting By Sinéad Carew, Saqib Iqbal Ahmed)
((sinead.carew@thomsonreuters.com; +13322191897;))
