NVIDIA Q1 FY24 Earnings Preview: Grab rewards by guessing the closing price!
Rewards
● An equal share of 1,000 points: For mooers who correctly guess NVDA's closing price range on 25 May ET by 2:30 PM, May 25 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing NVDA's earnings preview as an inspiration reward.
● An equal share of 1,000 points: For mooers who correctly guess NVDA's closing price range on 25 May ET by 2:30 PM, May 25 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing NVDA's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user engagement.
![NVIDIA Q1 FY24 Earnings Preview: Grab rewards by guessing the closing price!](https://ussnsimg.moomoo.com/77777008/editor_image/cdfc2b070efd32efbe47ed49a388f1a5.png/bigmoo)
Note: 1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app >> Me >> Redeem Points).
Book the Live Earnings Conference:
NVDA Q1 FY24 earnings conference call
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app >> Me >> Redeem Points).
Book the Live Earnings Conference:
NVDA Q1 FY24 earnings conference call
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steady Pom pipi : +6%
Bad D3cisionz2 : closing at $NVIDIA (NVDA.US)$ 325.
ZnWC : +5% change in price in post market
NVIDIA earning may miss estimate but it's strength is in the AI chips where most high tech devices depend on.
Dons hobby : New stock for the people that trade the Russell 200
Detroit-view : I think $327 will be closing price. buying pressure is up and folks will look at the shiny new chips and ignore fundamentals.
GodSpeed289 : $270
Nvidia is currently overvalued with the next three years of hyper-growth being priced in. Nvidia may miss earnings for the first time in 3.5 years, the risk are there as chips are a cyclical industry. Expect the unexpected with the idea of Nvidia missing analysis estimates. All in all, i think Nvidia is at risk of missing expectations and issuing disappointing guidance.
Pore Street : This is a booming chip maker with value-added services. The adapation of new technology will progress.
cola1010 : Nvidia Corporation is likely to beat earnings and revenue projections in the first quarter of 2024, but long-term investors should be concerned. Even if earnings or revenue are slightly higher than expected, the market's high expectations for Nvidia's AI technology may lead to disappointment. Furthermore, the recent increase in stock price may drive investors to sell and profit. Fundamental investors should take into account the company's valuation, since achieving or significantly exceeding expectations may nevertheless fall short of the revenue required to achieve annual predictions.
vicky1979 GodSpeed289: Are you kidding or dreaming?![shushing_face 🤫](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f92b.png)
SportTurismoo888 : -6.4%
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