Wall Street analysts are bullish on the prospect for Nvidia's third-quarter earnings report, with expectations running high for the new Blackwell GPU.

U.S. stock futures indicated a mixed opening on Monday as investors looked ahead to crucial corporate results, especially from AI-chip leader Nvidia, following Wall Street's slump the previous week. Rising expectations that the Federal Reserve will slow its pace of rate cuts and uncertainty over the impact of U.

Expectations are high going into Nvidia's fiscal 2025 third-quarter report next week, and some investors are wondering whether the stock can possibly live up to its lofty expectations. One Wall Street analyst called Nvidia stock a "must own" and believes selling now would be a huge mistake.