The much-awaited earnings report from artificial intelligence stalwart Nvidia Corp. (NASDAQ:NVDA) is around the corner and analysts expect another quarter of robust performance from the company. The earnings report of the Jensen Huang-led company is vital for the continuation of the market rally, according to market strategists.

The Street View: For the second quarter of fiscal 2025, analysts, on average, expect earnings of $0.64 per share and revenue of $28.68 billion, according to data available on Benzinga Pro data. This compares to the year-ago numbers of 25 cents (split-adjusted) in earnings and $13.51 billion in revenue.

It is widely expected that Nvidia shares, which are up over 160% year-to-date, could rally further if quarterly results beat the high bar and the management offers positive commentary regarding AI accelerators' production and ramp-up.

The average analysts' one-year price target for Nvidia shares, based on data compiled by TipRanks, is $149.89, which points to roughly 16% upside from current levels.

Biggest Beneficiaries: Nvidia is undoubtedly a retail favorite now but the bulk of the shares (66.75% of the outstanding shares) are held by institutions, and insiders account for 4.29%, according to the Yahoo Finance database. The top institutions holding a big chunk of shares are as follows:

Huang is among the AI billionaires, whose wealth rose in geometric proportion amid the rising popularity and the large-scale adoption of the technology. Forbes estimates Huang's wealth at $113 billion, and he is ranked 20 on the publication's billionaires list.

Nvidia closed Friday's session up 4.55% at $129.37 on Friday and the stock was up an incremental 0.83% in Monday's premarket session, according to Benzinga Pro data.