Morgan Stanley: Easing Concerns Over Blackwell Delay Is Key for Nvidia

Morgan Stanley expects Nvidia's earnings this quarter to likely exceed expectations, with the market raising its outlook for the company's next-quarter revenue guidance. However, the most crucial aspect is whether Nvidia can ease investor concerns regarding a possible delay of its Blackwell product.

The market generally expects Nvidia's Q2 revenue to double year-over-year. Bank of America warns that the market might be underestimating the risk of disappointing results. Nvidia’s options imply a stock price volatility of 10%, indicating that the stock could move 10% in either direction, and since 2018, Nvidia's share price has never dropped more than 8% on an earnings report day.