Goldman Sachs said Nvidia has another trick up its sleeve to drive its stock price higher going forward: a massive stock buyback program.

Key Takeaways Nvidia is set to deliver its highly anticipated earnings after the closing bell Wednesday.Analysts are overwhelmingly bullish on the chipmaker's stock, with multiple firms raising their price targets ahead of the report.

Heading into Nvidia's critical report next week, Wall Street remains decidedly bullish. Analysts' consensus estimates are calling for revenue of $33 billion -- or growth of about 82%. Nvidia has a strong track record of beating its own expectations and that of Wall Street, so the results could be more robust.