NVIDIA Corporation (NVDA) earnings on May 20, 2026
More NVIDIA Corporation earnings
Prior outlook: Optimistic Outcome: Partial
The stock rose as much as 1.76% during the day but ended down 1.77% after the company reported its quarterly results. Investors initially reacted positively but shifted to selling, pushing the price below where it started.
NVDA price around the earnings
219.51
Change: -1.8%
2026-05-21, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Partial
- Thesis published
Strong buy consensus, but overbought conditions are present.
Experts maintain a strong buy consensus with significant optimistic potential, driven by consistent earnings beats. However, recent technical indicators suggest the stock may be overbought, and its trajectory has been volatile, indicating potential for short-term corrections.
Context analyzed before publication
- Summary
- Strong buy consensus, but overbought conditions are a factor.
- Reasoning
- Experts maintain a strong buy consensus with an optimistic scenario, driven by consistent earnings beats. However, recent technical indicators suggest the stock may be overbought, and its trajectory has been volatile, indicating potential for short-term corrections.
- Playbook
- While the outlook is positive, the overbought technicals are a factor. The stock has strong analyst backing for the longer term.
- Trend
- Volatile trajectory contexts overbought corrections; moderate runup risk.
Analysts
Drivers
-
Analysts
Positive
A large number of analysts recommend buying the stock, with price targets pointing to a substantially optimistic scenario. Several firms have recently upgraded their ratings.
Evidence
- Analyst consensus
- Strong buy
- Consensus average (1-5)
- 1.3
- Analysts covering the stock
- 57
- Average price target
- 272.94
- Lowest price target
- 140
- Highest price target
- 380
- Upside to price target
- 21.1%
- Quarterly earnings growth
- 94.5%
- Revenue growth
- 73.2%
- Forward EPS
- 11.43
- Trailing EPS
- 4.89
- Analyst moves in the last 60 days
- 9
- Strong buy: 10
- Buy: 48
- Hold: 2
- Sell: 1
- Strong sell: 0
- Strong buy
- 10
- Buy
- 48
- Hold
- 2
- Sell
- 1
- Strong sell
- 0
- May 15, 2026 · TD Cowen: Maintains rating (Buy → Buy)
- May 14, 2026 · UBS: Maintains rating (Buy → Buy)
- May 14, 2026 · RBC Capital: Reiterates rating (Outperform → Outperform)
- May 14, 2026 · Cantor Fitzgerald: Maintains rating (Overweight → Overweight)
- May 12, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- March 31, 2026 · Benchmark: Reiterates rating (Buy → Buy)
- March 23, 2026 · Rosenblatt: Maintains rating (Buy → Buy)
- March 23, 2026 · Cantor Fitzgerald: Reiterates rating (Overweight → Overweight)
- March 19, 2026 · Raymond James: Maintains rating (Strong Buy → Strong Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- Jensen Huang's Mother Taught Him English Even Though She Didn't Speak Any, Here's How It Helped Develop The Mindset That 'Defines' Today's Nvidia — Benzinga
- NVIDIA Earnings Preview: Wall Street Pros Boost Stock Targets Amid AI Boom — Benzinga
- Benzinga Bulls And Bears: Nvidia, Cisco, Virgin Galactic — And Inflation Fears Rattle Investors — Benzinga
- Nebius Group, Cisco Systems, Micron Technology And More: 5 Stocks Investors Couldn't Stop Buzzing About This Week — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's price movement has been erratic, showing signs of being overbought. There is resistance at current price levels, limiting an immediately optimistic scenario.
Evidence
- Average true range (ATR)
- 0%
- Distance to 52-week high
- -4.7%
- 14-day change (14d)
- +2.5%
- 30-day change (1d)
- +2.5%
- 30-day relative strength
- +2.5%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 188.8
- Nearest resistance
- 195.89
- Volume accumulation ratio (2d / 2d)
- 1
Trends
Evidence
- Average earnings surprise
- +5.2%
- February 25, 2026: actual EPS 1.62 vs estimate 1.54 (surprise +5.3%)
- November 19, 2025: actual EPS 1.3 vs estimate 1.26 (surprise +3.5%)
- August 27, 2025: actual EPS 1.05 vs estimate 1.01 (surprise +4.1%)
- May 28, 2025: actual EPS 0.81 vs estimate 0.75 (surprise +8.0%)
Expected move
Drivers
-
Past earnings
Positive
The company has a strong recent record of beating earnings expectations over the last year. The average surprise has also been consistently positive.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 5.2%
- 75th percentile move
- 8.4%
- 90th percentile move
- 14.4%
- Up / down moves
- 11 / 8
- Average up move
- +8.2%
- Average down move
- -4.5%
Monitoring and close
What NVIDIA Corporation reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Partial
- Consolidated
- -1.8%
- Max favorable move (MFE)
- 1.8%
- Max adverse move (MAE)
- 3.2%