Zacks Investment Ideas spotlights Vertiv, Nvidia, and Palantir as key players in the upcoming earnings season, driven by strong AI demand.
Nvidia is the big name to watch. They’re set to report their earnings in mid-February, and everyone’s expecting some solid numbers. Even though their stock has been pretty flat lately, the growth predictions are looking good. They’re expected to see a 61% jump in earnings per share, thanks to strong data center results.
Then there’s Palantir, which has really jumped into the AI scene. Their stock has skyrocketed nearly 300% over the past year. While their earnings estimates haven’t changed much, the revenue outlook is looking up. They’re expected to pull in about $779 million, which is a nice bump from last year.
And let’s not forget about Vertiv. They’re all about data centers and have been doing great with their sales. They’ve consistently beaten earnings estimates, and this quarter, they’re looking at a 50% year-over-year growth in earnings.
Overall, it seems like all three companies are in a good spot as we head into this earnings season. Investors will definitely want to keep an eye on their reports.
