Wall Street analysts generally expect a positive report from NvidiaNVDA when the AI chipmaker announces its quarterly results and guidance late Wednesday. Several have raised their price targets on Nvidia stock recently.

The chipmaker is expected to report adjusted earnings per share of $1.01 and revenue of $46 billion for the second quarter of the fiscal year 2026, up sharply from the year-ago’s $0.68 and $30.04 billion,

Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?