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Should You Buy, Hold, or Sell NVIDIA Stock Before Feb. 26?

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DeepSeek’s menace resulted in a sharp drop in NVIDIA Corporation’s (NVDA - Free Report) stock last month. Although most of the losses have since recovered, the stock is now awaiting the fiscal 2025 fourth-quarter and full-year results announcement on Feb. 26, after market close. 

Is it judicious to buy NVIDIA stock before the earnings report, or is it wiser to wait and observe? Let’s see – 

NVIDIA Stock – Positive Earnings Expectation

In the reporting quarter, NVIDIA launched its most awaited cutting-edge Blackwell architecture. CEO Jensen Huang has already said that the demand for the Blackwell chips has been insane due to their greater efficiency, faster artificial intelligence (AI) interface, and more security. 

The likes of Microsoft Corporation (MSFT - Free Report) and Alphabet Inc. (GOOGL - Free Report) have ordered Blackwell chips, while the older Hopper chips are still in demand for their superior quality compared to rival Intel Corporation (INTC - Free Report) . 

So, it’s evident that customers have lined up for the current and next-generation chips, leading the company to surpass its revenue projections for the fiscal fourth quarter and full year. Likewise, NVIDIA’s strong average four-quarter earnings surprise of 9.8% implies potential earnings growth in the upcoming release, likely boosting its stock value.

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NVIDIA Stock – Promising Future

DeepSeek’s threat is overstated and should not have a long-term impact on NVIDIA stock. DeepSeek launched a cost-effective large language model that can disrupt the AI landscape. After all, NVIDIA’s graphic processing units (GPUs) needed for AI infrastructure buildout are way more expensive.

However, lower expenses will eventually drive more use of computing power and benefit NVIDIA stock. The tech giant, anyhow, has the resources to introduce more cost-friendly products and enrich the AI ecosystem (read more: Buy NVIDIA Stock, DeepSeek's Threat is Exaggerated).

NVIDIA’s dominant position in the GPU market has already given the company a competitive advantage. Lest we forget, NVIDIA’s CUDA software platform is more popular among developers than Advanced Micro Devices, Inc.’s (AMD) ROCm software platform. The change is improbable due to the cumbersome infrastructure transitions. Thus, NVIDIA’s strong moat bolsters its stock outlook (read more: Which Is the Superior AI Investment Now: NVIDIA or AMD?).

Buy More NVDA Shares Now

NVIDIA’s shares are expected to rise steadily due to strong earnings from high Blackwell chip demand, declining DeepSeek worries and GPU dominance, making NVDA stock a compelling buy now. Additionally, NVIDIA’s 12.8% debt-to-equity ratio is lower than the Semiconductor - General industry’s average of 20.1%, which reduces investment risk.

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To top it off, NVIDIA stock remains reasonably priced. This is because, per the price/earnings ratio, NVDA trades at 30.9X forward earnings. In comparison, the industry’s forward earnings multiple is 36.06.

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Hence, NVIDIA rightfully has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

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