AI chip giant Nvidia (NVDA), the second-most valuable company in the world, could move the entire stock market when it reports quarterly results after markets close on Wednes♊day.

Nvidia stock is expected to move about 6% in either direction by the end of the week, according to an analysis of options pricing data. That would put Nvidia’s share price at either $143.92, a 4-month high, or $127.09, a little above where it closed after the U.S. and China agreed to 澳洲幸运5官方开奖结果体彩网:lower sky-high tariffs on each other’s imports. 

Nvidia shares have risen nearly 25% in the past month, putting the stock up about 1% since the start of the year. Technical analysis suggests🙈 bullish momentum is on Nvidia's side heading into Wednesday's🌳 report.

It’s been a year since Nvidia shares rose on a quarterly report. The stock popped more than 9% in May 2024 after the company 澳洲幸运5官方开奖结果体彩网:blew past earnings expectations and announced the 10-for-1 stock split that paved the way for it to join the 💜blue-chip Dow Jone🗹s Industrial Average. 

Nvidia’s earnings have continued to top estimates since then, but they’ve failed to impress investors. Shares fell after each of Nvidia’s three most recent reports, including nearly 9% in February despite the results 澳洲幸运5官方开奖结果体彩网:containing ample evidence that demand for its AI-en🍒ablingꩲ chips remained as strong as ever. 

Analysts expect Nvidia to report revenue and earnings growth of 澳洲幸运5官方开奖结果体彩网:about 66% and 40%, respectively, in the m🔯ost recent quarter. All but two of the Nvidia analysts tꦆracked by Visible Alpha recommend buying the stock. Their average price target of $164 represents about 25% upside from Friday’s close.

Update—May 27, 2025: This story has been updated to account for Nvidia's closing price on Tuesday.