Nvidia Financial Report Outlook: Whether NVDA Can Break Its Longest Downward Trend Since 2022 Remains to Be Seen
2026-08-22 19:15:56
According to CoinMeta, Nvidia will release its financial report on August 26th. Prior to that, its stock price has been declining for six consecutive days, marking the longest downward trend since 2022. On Friday, Nvidia closed at $214.75, a decrease of about 4.7% since August 13th. Although the decline was relatively modest, the continuous selling pressure stood out particularly after the AI stock helped boost the tech sector. Nvidia expects revenue of around $91 billion in the second quarter, and analysts are generally optimistic. Bank of America maintain a target price of $350. Nvidia has recently partnered with companies such as Apollo, BlackRock, and Blackstone, planning to mobilize over $500 billion in third-party capital for AI infrastructure. Investors will be watching whether Nvidia can continue to expand at an astonishing pace without taking on excessive financial risks.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
Follow CoinMeta official accounts to stay updated

Hot Articles
Refresh

'No longer a distant place': F2Pool Co-founder Chun Wang joins SpaceX's 2-year mission to Mars
05-22 18:25

Polymarket Targets Japan Approval Despite Gambling Laws
05-22 18:00

ZachXBT flags suspected exploit involving Polymarket's UMA adapter contract on Polygon
05-22 17:57

ZachXBT flags $520K Polymarket exploit on Polygon, team says funds are safe
05-22 17:24

Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst
05-22 17:24



