Nvidia (NVDA) Reports Next Week: Wall Street Expects Earnings Growth

NVDA reports Q3 2026 earnings on November 17, with Wall Street projecting $2.49 per share on $108.99 billion in revenue. Those figures represent year-over-year growth of 91.5% in earnings and 91.2% in revenue.

The setup is less clean than the headline growth suggests. NVDA carries a Zacks Rank #2 (Buy), a constructive signal on estimate revisions. But its Earnings ESP stands at -0.55%, a negative reading that makes it a mixed candidate for an earnings beat. That ESP gap suggests the most recent analyst estimates sit slightly below the consensus figure, which is a cautionary read on near-term sentiment.

The track record cuts the other way. NVDA has topped consensus estimates in each of the last four quarters, a pattern that gives bulls a historical anchor heading into the print. Interpretation: the conflict between a Buy-rated rank, a negative ESP, and a four-quarter beat streak points to a high bar already priced into expectations, where even a modest miss against the $2.49 mark could draw an outsized reaction.