Nvidia (NVDA) shares dropped 2.89% to close at $185.61, diverging from broader market rallies. The Semiconductor giant underperformed despite the S&P 500 and Nasdaq posting modest gains. Investors are now eyeing Nvidia’s upcoming earnings release on February 25.

Analysts expect Nvidia to report EPS of $1.52, up over 70% year-over-year, with revenue forecast at $65.56 billion. These figures reflect strong AI-driven demand for its chips. The company’s full-year outlook remains robust, with a Zacks Consensus EPS estimate of $4.66.

Despite the dip, Nvidia holds a Zacks Rank of #2 (Buy), signaling positive near-term prospects. Its Forward P/E stands at 40.99, above industry averages. The stock’s PEG ratio of 0.89 hints at undervaluation relative to growth. Market watchers will monitor earnings for signs of sustained AI momentum.