Content and data provided by various third parties and Fidelity − Terms of Use | Help/Glossary
Research > ETFs > ETF / ETP Commentary > 

It Could Be a Huge Week for These Nvidia ETFs

BY | ETF Database
8:09 am ET 11/25/25 | 41 VIEWS
Active traders looking for targets this week don’t have to look far. That’s because a familiar name reports earnings on Wednesday after the close of U.S. markets. The stock is semiconductor giant Nvidia (NVDA), the largest company by market value. Particularly against the backdrop of headlines indicating multiple well-known investors have exited Nvidia positions, the company’s Wednesday earnings update is seen not only as a test of investors’ devotion to AI, but a test of broader market sentiment as well. That could indicate a perfect storm is brewing for short-term traders to consider ETFs such as the Direxion Daily NVDA Bear 1X Shares (NVDD A-) and its geared bullish counterpart, the Direxion Daily NVDA Bull 2X Shares (NVDU A-).Nvidia ETFs in the LimelightEarnings reports are the ideal events through which aggressive traders can deploy ETFs like NVDU and NVDD. And that could be true again this week. Traders evaluating the Direxion ETFs should note Wall Street expects Nvidia to deliver $1.25 in EPS on $54.9 billion of sales for Q3. That revenue increase represents a 56% YoY jump. Nvidia typically doesn’t provide more than a quarter’s worth of forward-looking forecasts. “Nvidia doesn’t provide more than one quarter of forward-looking guidance at earnings. But anything Huang says about the company’s sales backlog and outlook for calendar 2026 will be scrutinized not just for Nvidia’s outlook but also that of the broader tech industry. Analysts polled by LSEG currently expect $286.7 billion in sales for Nvidia in 2026,” reported Kif Leswing for CNBC. Said another way, disappointment could easily juice the bearish NVDD for a day or two. And Nvidia earnings ebullience could send the bullish NVDU soaring. What is clear is that Nvidia isn’t a cheap stock. Some analysts believe it’s richly valued. That indicates there’s essentially no margin for earnings error. It also indicates there’s some burden on the company to beat Wall Street estimates while guiding higher for the upcoming quarter. “With its 3-star rating, we believe Nvidia’s stock is fairly valued compared with our long-term fair value estimate of $225 per share, which implies an equity value of $5.1 trillion. Our fair value estimate implies a fiscal 2026 (ending January 2026 or effectively calendar 2025) price/adjusted earnings multiple of 50 times and a fiscal 2027 forward price/adjusted earnings multiple of 30 times,” noted Morningstar analyst Brian Colello. For more news, information, and analysis, visit the Leveraged & Inverse Content Hub. Editor’s Note: This piece was written before Nvidia reported results.

More Commentary

How This Tax Exempt ETF Can Boost Portfolios
BY | ETF Database
5:51 am ET 11/25/25 | 87 VIEWS
As Official Inflation Data Fades, These ETFs Can Help
BY | ETF Database
5:30 am ET 11/25/25 | 47 VIEWS
Adaptability Will Be Crucial in Fixed Income in 2026
BY | ETF Database
11/20/2025 | 400 VIEWS
View more Commentary

Search Commentary

Enter Keyword(s)
Filter Results

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.