NVIDIA Stock Forecast: Will NVDA Continue to Outperform?
2026 Earnings and Revenue Projections
According to analysts, NVIDIA Corporation (NVDA) is projected to maintain its strong performance in 2026. On average, 12 Wall Street analysts forecast NVDA's earnings for 2026 to be $761.8 billion, with the lowest estimate at $659.2 million and the highest at $864.4 million.Furthermore, revenue for the current fiscal year is expected to roughly double to $120 billion and then rise another 33% to $160 billion in 2026. This growth is primarily driven by the increasing demand for NVIDIA's products in the gaming, data center, and automotive industries.
Recent Stock Performance
On June 18, 2024, NVDA's stock surged more than 200% over the past year. This surge was primarily due to the company's strong financial performance and the growing demand for its products. NVDA has consistently outperformed the market, with its stock price increasing over 500% in the past five years.The company's success is attributed to its innovative products, such as its graphics processing units (GPUs), which are used in gaming, data centers, and artificial intelligence applications. NVIDIA also benefits from its strong brand recognition and loyal customer base.
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