Nvidia (NVDA) heads into its fiscal second-quarter earnings report on Aug. 26 with expectations once again running high. Wedbush analyst Matt Bryson believes the chipmaker could deliver another beat and raise, but supply rather than demand may determine how much growth Nvidia can actually capture.
One thing that remains consistent about Nvidia is its performance; Nvidia shares remain up nearly 14% from the start of 2026 despite a recent pullback. Still, the stock is down about 10% below its May 52-week high of $236. Barchart data shows the shares have gained more than 11% from their recent July low, suggesting investors remain willing to buy the dip ahead of earnings.