Nvidia Has One of the ‘Largest’ Opportunities Ahead. Should You Buy NVDA Stock Before November 19?

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The correction from all-time highs is about 11%. With Nvidia due to report Q3 2025 earnings on Nov. 19, it might be a good time to consider the tech giant.While there has been a correction in the recent past, NVDA stock has trended higher by almost 40% year-to-date (YTD). This rally has been backed by robust topline and cash flow growth. Additionally, the tailwind for the AI industry is likely to last beyond the decade.Nvidia's Earnings Report Will Be Out on Wednesday, Nov. 19 - How to Play NVDA StockNVDA Earnings, FOMC and Other Key Things to Watch this WeekThe Market Just Pulled Back. Here Is How To Protect Gains And Reset RiskOur exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today!Nvidia is a global leader in accelerated computing. The company’s AI-based solutions support high-performance computing.The company considers Blackwell as one of the most important products in its history that’s likely to power growth and value creation. From the perspective of addressable market, Nvidia believes that AI infrastructure spend is likely to be in the range of $3 to $4 trillion by the end of the decade.Amidst the bull run in AI stock, NVDA stock has trended higher by 41% in the last six months.www.barchart.comFor Q2 2026, Nvidia reported revenue growth of 56% on a year-on-year (YoY) basis to $46.7 billion. For the same period, earnings growth was 61%.Recently, Susquehanna raised the price target for NVDA stock to $230 with a “Positive” rating. Susquehanna expects better results and guidance on the back of GB300 ramping in the second half of the year. The analyst also believes that Nvidia has “one of the largest opportunity sets ahead.”Further, a Wedbush analyst believes that Nvidia’s Q3 results will be “another major validation moment” for the AI revolution. According to Webbush, investors are still “underestimating” the scale of AI spending. If this view holds true, NVDA stock is positioned for re-rating.In Q2 2025, Nvidia mentioned that “widespread market availability” of Blackwell Ultra is expected in the second half of the year. This is an important catalyst for healthy growth.Overall, these views are in sync with the broader analyst estimates of earnings growth exceeding 40% for FY 2025 and FY 2026.In the long term, the key determinant of valuation is the company’s cash flow potential. 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