We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Nvidia (NVDA) Stock Dips While Market Gains: Key Facts
Read MoreHide Full Article
Nvidia (NVDA - Free Report) ended the recent trading session at $178.67, demonstrating a -4.27% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 2.35%. Meanwhile, the Dow experienced a rise of 2.15%, and the technology-dominated Nasdaq saw an increase of 2.74%.
Heading into today, shares of the maker of graphics chips for gaming and artificial intelligence had lost 18.6% over the past month, lagging the Computer and Technology sector's loss of 17.06% and the S&P 500's loss of 5.6%.
Analysts and investors alike will be keeping a close eye on the performance of Nvidia in its upcoming earnings disclosure. The company's earnings report is set to go public on November 17, 2026. In that report, analysts expect Nvidia to post earnings of $2.49 per share. This would mark year-over-year growth of 91.54%. In the meantime, our current consensus estimate forecasts the revenue to be $108.99 billion, indicating a 91.19% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $9.3 per share and a revenue of $407.51 billion, demonstrating changes of +94.97% and +117.75%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Nvidia. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.14% upward. Right now, Nvidia possesses a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Nvidia has a Forward P/E ratio of 20.07 right now. This valuation marks a discount compared to its industry average Forward P/E of 25.5.
Meanwhile, NVDA's PEG ratio is currently 1.43. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Semiconductor - General industry had an average PEG ratio of 1.43.
The Semiconductor - General industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 56, finds itself in the top 23% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow NVDA in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Nvidia (NVDA) Stock Dips While Market Gains: Key Facts
Nvidia (NVDA - Free Report) ended the recent trading session at $178.67, demonstrating a -4.27% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 2.35%. Meanwhile, the Dow experienced a rise of 2.15%, and the technology-dominated Nasdaq saw an increase of 2.74%.
Heading into today, shares of the maker of graphics chips for gaming and artificial intelligence had lost 18.6% over the past month, lagging the Computer and Technology sector's loss of 17.06% and the S&P 500's loss of 5.6%.
Analysts and investors alike will be keeping a close eye on the performance of Nvidia in its upcoming earnings disclosure. The company's earnings report is set to go public on November 17, 2026. In that report, analysts expect Nvidia to post earnings of $2.49 per share. This would mark year-over-year growth of 91.54%. In the meantime, our current consensus estimate forecasts the revenue to be $108.99 billion, indicating a 91.19% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $9.3 per share and a revenue of $407.51 billion, demonstrating changes of +94.97% and +117.75%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Nvidia. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.14% upward. Right now, Nvidia possesses a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Nvidia has a Forward P/E ratio of 20.07 right now. This valuation marks a discount compared to its industry average Forward P/E of 25.5.
Meanwhile, NVDA's PEG ratio is currently 1.43. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Semiconductor - General industry had an average PEG ratio of 1.43.
The Semiconductor - General industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 56, finds itself in the top 23% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow NVDA in the coming trading sessions, be sure to utilize Zacks.com.