NVIDIA Corporation (NVDA) is heading into its August 26 earnings report with Wall Street expecting roughly $91.9 billion in quarterly revenue, only about 1% above management’s guidance midpoint of $91 billion. That slim margin means an in-line result may not be enough to extend the stock’s recent rally, even after shares climbed more than 12% in August and closed Friday near $225.62, about 4.6% below their 12-month high of $236.54.
The latest catalyst came from a memorandum of understanding with South Korea’s LG Group to co-develop a next-generation bipedal humanoid robot. LG plans to unveil the robot in Q1 2027, powered by Nvidia’s Isaac GR00T foundation model and Jetson Thor computing platform. The companies are also collaborating on wheel-based robots and a high-performance computing platform for vehicles. Nvidia CEO Jensen Huang called physical AI “the defining opportunity” and has described humanoid robots as a “multitrillion-dollar economic opportunity.” The LG partnership follows a separate robotics collaboration with Chinese startup Unitree.
Nvidia’s financial momentum remains strong. In its most recent quarter, the company posted $81.61 billion in revenue, up 85.2% year over year, beating the consensus estimate of $78.42 billion. Earnings per share came in at $1.87, above the $1.76 estimate. Data Center revenue reached $75.2 billion, representing about 92.1% of total revenue and growing 92% year over year, while Edge Computing contributed $6.4 billion. Nvidia has also authorized an $80 billion share buyback and raised its quarterly dividend to $0.25 per share.
Analysts remain broadly bullish, with three Strong Buy ratings, 48 Buy ratings, and two Hold ratings. The average price target sits near $305.94, with targets as high as $500 from Robert W. Baird. Still, risks include investor Michael Burry’s concerns about circular financing, geopolitical tensions involving Huawei, tighter export restrictions, and potential delays surrounding new chip platforms. For the upcoming report, investors will focus on forward guidance, Rubin shipments, and the company’s guided 75% non-GAAP gross margin.
