BUZZ-PREVIEW: Nvidia shares bounce back ahead of report; Q4 EPS, rev growth seen slowing

Nvidia Corp NVDA.O shares up ~3.3% after three straight days of losses and ahead of hotly anticipated fiscal Q4 financial report due after market close

Wall Street sees the artificial intelligence chip leader reporting adj EPS of $0.84, which would be up ~62% from $0.52 in year-ago quarter on rev of $38.045 bln, which would be up 72% from $22.103 bln year-ago, according to LSEG

In comparison, Nvidia's earnings rose more than 100% in Q3 when rev rose 94%, as per LSEG and in last 8 quarters NVDA's EPS, rev met or beat estimates every time

Demand for Nvidia's pricey artificial intelligence chips will be closely monitored amid doubts about hefty AI spending after January emergence of low-cost AI models from China's DeepSeek

NVDA last traded at $130.81 vs median PT of $175 as per LSEG, which shows 63 analyst ratings: 23 'strong buy,' 34 'buy' and 6 'hold'

With competition concerns turning investors more cautious, NVDA was last down 2.8% YTD after rising 171% in 2024 vs gain of ~2% for the Dow .DJI YTD, 12.9% gain in 2024 and >2% drop YTD for S&P 500 tech sector .SPLRCT following 35.7% gain in 2024

Options imply a 9.0% swing for shares of the AI bellwether in either direction after the results, slightly larger than the stock's average move of 7.6% on the day after results over the last 12 quarters, according to analytics service ORATS