Preview|NVDA CY3Q25: Data Center Demand Remains Robust; CY2026 EPS Estimated at $9.5

Nvidia will report FY3Q26 (CY3Q25) results on Nov 19 after market close. We expect the market to focus on these key items in the earnings call: 1) Near-term concerns regarding over-investment/CAPEX. 2) Further details on its $500B Data Center revenue forecast. 3) CY26 ramp schedule for Rubin. 4) Concerns on supply and power constraints. 5) B30 inventory impacts. We expect CY25/26 EPS to be $4.7/$9.5, supported by strong 2026 visibility and the ongoing Blackwell ramp.