NVDA (Nvidia) — Event-driven main line: Pre-earnings pullback before earnings, key signals about to be realized

Nvidia is set to release its Q1 FY2027 earnings after the US stock market closes on May 20. The stock has declined for three consecutive days before the earnings, closing at $220.61 on May 19, down approximately 6.42% from the previous high. In the options market, call options have experienced widespread devaluation, with many expiring contracts becoming invalid, significantly increasing the difficulty for bullish participants.

However, many Wall Street institutions have not changed their optimistic outlook because of this. KeyBanc has raised its target price to $300, Wedbush maintains a $300 target, and HSBC has increased it to $325. Analysts generally expect the company's first-quarter revenue to surpass the average of $78.9 billion reported by FactSet, and there is potential for another "Beat and Raise" pattern of earnings surprises and upward revisions. The market anticipates a stock price fluctuation of about 6.25% before and after the earnings report.

Nvidia's core strength lies in the fact that its growth logic has not yet been disproven. Demand for Blackwell Ultra GPU and the new Rubin GPUA is gradually starting to ship, and the overwhelming advantage in the AI training market continues to provide incremental support. The current market core contradiction is not whether the results will exceed expectations, but whether the stock price can generate positive feedback after exceeding expectations. If the earnings can break the near three-time "positive earnings but declining stock price" curse, a genuine recovery signal will emerge. $NVDA ‌#TradFi交易分享挑战