Wall Street Continues to be Optimistic on Nvidia Stock; Here’s Why Nvidia (NASDAQ:NVDA) pre-announced its Q2 financials that were significantly lower than its previous guidance. Despite the noteworthy reduction in sales and margins, the NVDA stock forecast on TipRanks shows that Wall Street continues to be optimistic about its prospects, given its AI and data center leadership and attractive valuation. NVDA Stock: The Worst Is Over! NVDA announced preliminary Q2 revenue of $6.70 billion compared to its guidance of $8.10 billion. The significant cut reflects lower sell-in of gaming products due to macro headwinds. NVDA’s CEO, Jensen Huang, said, “Our gaming product sell-through projections declined significantly as the quarter progressed.