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Stock Activity and Forecasts Highlight NASDAQ After Hours

Stock Activity and Forecasts Highlight NASDAQ After Hours. Major stocks like NVIDIA and Robinhood have seen upward revisions in earnings forecasts, indicating positive market sentiment that may influence their stock prices accordingly.

Date: 
AI Rating:   7
The report highlights several key companies' performance in the NASDAQ after-hours trading session, focusing on stock prices and earnings forecasts. The following aspects are noteworthy:

**Earnings Per Share (EPS)**:
- NVIDIA Corporation (NVDA) has a consensus EPS forecast of $0.87 for the fiscal quarter ending April 2025, with 8 upward revisions over the last four weeks, signaling a strong growth outlook.
- Robinhood Markets, Inc. (HOOD) has an EPS forecast of $0.37 for the fiscal quarter ending March 2025, with 4 upward revisions, which also points towards a favorable growth sentiment.
- Broadcom Inc. (AVGO) has a consensus EPS forecast of $1.33, with 9 up revisions indicating similarly positive expectations.
- Edwards Lifesciences Corporation (EW) shows an EPS forecast of $0.60 with 4 upward revisions for the fiscal quarter ending March 2025.

**Market Reactions**:
- NVDA is trading positively with an increase of $0.34 to $115.92. This positive forecast and market performance may encourage investors and strengthen stock prices.
- HOOD's increase of $0.36 to $36.38 also reflects this growing market sentiment.
- On the flip side, Hertz Global Holdings, Inc. (HTZ), with unchanged stock price, suggests a stagnation that may not entice investors, indicating a neutral market sentiment.

The overall positive revisions of the earnings forecasts for multiple companies involved may lead to increased interest from investors, driving stock prices up. Investors typically respond favorably to upward revisions, which reflects confidence in a company's future profitability and performance.