On Monday, Nvidia (NVDA.US) bucked the opening trend and fell by more than 3%. After the results, the stock price went out of favor for three consecutive losses and reached $137.88.
The Zhitong Finance App learned that on Monday, Nvidia (NVDA.US) bucked the trend and fell by more than 3%. After the results, the stock price was negative for three consecutive years, reaching $137.88. According to the news, Nvidia recently announced the results for the third fiscal quarter of the 2025 fiscal year ending October 27, 2024. The company's sales revenue for the quarter reached a record high of 35.1 billion US dollars, up 17% month-on-month and 94% year-on-year. This is the first time since the first fiscal quarter of FY2024 that Nvidia's year-on-year growth rate has not doubled, and at the same time, the month-on-month growth rate has also slowed.
Meanwhile, Nvidia's performance guidelines indicate that next fiscal quarter's revenue will slow further. Based on the guideline median value of 37.5 billion US dollars, Nvidia predicts that revenue for the fourth fiscal quarter will increase by about 70% year over year. Although higher than analysts' agreed median estimate of 37.1 billion US dollars, it is lower than the buyer's expectations of 38.8 billion US dollars. Some analysts' expectations are even as high as 41 billion US dollars.
