Nvidia stock rises after hours following quarterly earnings beat
Investing.com -- Nvidia (NASDAQ: NVDA) on Wednesday delivered a quarterly top-and-bottom line beat and provided current quarter revenue guidance that came in above expectations.
Shares of the world’s largest publicly listed company rose 3.6% after hours.
The stock, like its Magnificent 7 peers, has seen a muted performance so far in 2026, with a 3.4% YTD gain. The advance is still the best YTD showing among the seven heavyweight stocks, and is also better than the benchmark S&P 500’s 0.7% rise.
Nvidia’s results come at a time when the artificial intelligence trade has been under major scrutiny. In just a span of a few weeks, investors’ perceptions have quickly moved from “AI will lift the entire technology sector” to “AI will result in clear winners and losers.” Sub-sectors such as software, office and enterprise services, and food delivery have been identified as areas which will see major disruption from AI.
These disruption fears have added to general concerns about Big Tech’s elevated valuations and massive spending plans, partly to support their AI ambitions.
Turning to the Magnificent 7 member’s results, Nvidia earned $1.62 per share on revenue of $68.13 billion for its fiscal Q4 2026. Analysts had expected a profit of $1.52 per share on revenue of $65.56 billion.
Looking at its guidance, Nvidia sees fiscal Q1 2027 revenue of $78 billion, plus or minus 2%, compared to a consensus figure of $72.78 billion.