What will NVIDIA (NVDA) hit Week of August 24 2026?
NVIDIA shares trade near $210 amid a seven-day losing streak and broader tech weakness ahead of fiscal Q2 2027 earnings on August 26. Wall Street consensus points to roughly $92 billion in revenue—nearly double year-over-year—and $2.08 in adjusted EPS, with data-center demand for Blackwell and emerging Rubin platforms driving growth. Non-GAAP gross margins are expected near 75 percent, though rising memory costs and China commentary remain focal points for guidance. Analyst price targets average above $300, reflecting sustained AI infrastructure spending, yet the stock sits more than 10 percent below its May 2026 peak of $235.74, pricing in elevated expectations where a simple beat may prove insufficient to reverse recent sentiment. Volatility around the release will shape near-term trading ranges.