On Wednesday, Nov. 20, Nvidia will announce earnings for the third quarter of fiscal 2025, which ended in October 2024. I expect the stock to soar in the days and weeks following the report for three simple reasons. Read on to learn more.

Nvidia's guidance could make or break the AI trade for the rest of '24. Health check on the housing market. First U.S. mpox case.

However, just this week analysts from Morgan Stanley and UBS raised their price targets on Nvidia stock to $160 and $185, respectively -- implying upside between approximately 10% and 28% as of market close on Nov. 11.

Heading into Nvidia's critical report next week, Wall Street remains decidedly bullish. Analysts' consensus estimates are calling for revenue of $33 billion -- or growth of about 82%. Nvidia has a strong track record of beating its own expectations and that of Wall Street, so the results could be more robust.

Nvidia stock may be sitting near a record high but Wall Street is getting even more bullish on the stock ahead of the chip maker’s hotly anticipated earnings next week. Nvidia surged to a record close of $148.

It's become a stock market star thanks to its leadership in the artificial intelligence (AI) chip market, holding about 80% share. AI customers have been flocking to Nvidia for its AI chips and related products and services,

One Wall Street analyst called Nvidia stock a "must own" and believes selling now would be a huge mistake. Melius Research says Nvidia is a buy. Melius Research analyst Ben Reitze