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Aug 28, 2024 8:10 AM

How To Earn $500 A Month From NVIDIA Stock Ahead Of Q2 Earnings Report

NVIDIA Corporation (NASDAQ:NVDA) is set to release earnings results for its second quarter, after the closing bell on Wednesday.

Analysts expect the Santa Clara, California-based company to report quarterly earnings at 64 cents per share, up sharply from 25 cents per share in the year-ago period. NVIDIA projects to report quarterly revenue of $28.68 billion for the quarter, according to data from Benzinga Pro.

On Tuesday, Truist Securities analyst William Stein maintained NVIDIA with a Buy rating and raised the price target from $140 to $145.

With the recent buzz around NVIDIA, some investors may be eyeing potential gains from the company's dividends too. As of now, NVIDIA offers an annual dividend yield of 0.03%, which is a quarterly dividend amount of 1 cent per ...