Nvidia Posts Another Blockbuster Quarter, Seen as 'Coiled Spring' for Growth

Wall Street analysts maintain long-term bullish stance on Nvidia despite muted stock reaction to latest results.

Published on Feb. 26, 2026

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Nvidia delivered another blowout quarter of results, beating expectations on earnings, revenue, and guidance. The chipmaker reported strong growth in its data center business, which now accounts for 91% of sales. Analysts across Wall Street remain overwhelmingly bullish on Nvidia's long-term prospects, citing the company's leadership in AI compute, networking, software, and systems capabilities.

Why it matters

Nvidia's stellar performance underscores the surging demand for its AI-focused products and services, particularly in the data center market. As a key player in the AI ecosystem, Nvidia's continued success is seen as a bellwether for the broader AI industry and its transformative potential across various sectors.

The details

For its fiscal fourth quarter, Nvidia reported adjusted earnings of $1.62 per share on revenue of $68.13 billion, exceeding analyst estimates. Data center revenue jumped 75% year-over-year to $62.3 billion. The company also provided strong current-quarter revenue guidance of $78 billion, plus or minus 2%. Analysts were impressed by Nvidia's performance, with many raising their price targets and maintaining their bullish long-term outlook on the stock.

  • Nvidia reported its fiscal fourth quarter results on February 26, 2026.

The players

Nvidia

An American multinational technology company that designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market.

Timothy Arcuri

An analyst at UBS.

Joseph Moore

An analyst at Morgan Stanley.

Ross Seymore

An analyst at Deutsche Bank.

Harlan Sur

An analyst at JPMorgan.

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What they’re saying

“Revenue guidance of $78B was above nearly every investor bogey we heard pre-call and demand commentary was as bullish as we have probably ever heard from the company with backlog now building into C2027.”

— Timothy Arcuri, Analyst (UBS)

“Largest, cleanest beat and raise in the history of the semis industry — surpassing the second best, which was NVIDIA 3 months ago.”

— Joseph Moore, Analyst (Morgan Stanley)

“While we're raising our estimates yet again, this fundamental improvement has failed to be rewarded due to aforementioned concerns about customer CapEx sustainability (akin to what we've seen over the past 6-9 months). We agree the valuation has become more attractive but fail to see what catalyst will help the stock break out of its relative malaise.”

— Ross Seymore, Analyst (Deutsche Bank)

“The muted stock reaction post-print is likely on continued market concerns around AI disruption (fatigue), greater upside from networking vs. compute in the reported quarter, and no additional update to the $500bn+ in CY25/26 data center sales. However, we view this as short-term noise, and trading at just 24x/18x CY26/27E PE, the stock presents a compelling valuation.”

— Vivek Arya, Analyst (Bank of America)

“Taking a step back though, with the stock trading at ~19x pre-call Street CY27E EPS, NVDA to us looks like a coiled spring that has been tightened even further post this set of results.”

— Harlan Sur, Analyst (JPMorgan)

What’s next

Nvidia is expected to showcase its next-generation Vera Rubin rack-scale systems and other AI-focused innovations at its upcoming GTC conference in San Jose next month.

The takeaway

Nvidia's blockbuster quarter and bullish outlook underscore the company's dominant position in the rapidly growing AI market, positioning it as a key beneficiary of the ongoing AI revolution across various industries.