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$228.87+0.66%as of Sep 22, 2026
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NVDA’s +0.8% session fit a tech bid in a market where the S&P 500 fell -0.4% and the Nasdaq 100 was flat, and the move looks broadly benign rather than stock-specific. Strong growth, 74.7% gross margin, and a forward PE 18.1 keep the setup supported, though beta 2.23 means the shares can still swing more than the market.

NVDA

NVIDIA CORP

As of Sep 16, 2026

76/100

Looks healthyHealth Score

Primary driver

The move was mainly sector-wide, not stock-specific: NVDA closed +0.8% while the S&P 500 fell -0.4% and the Nasdaq 100 was +0.0%, and peers were mixed with AVGO +0.1%, MU -0.1%, AMD +1.6%, and INTC +4.0%. The cleanest read is a tech-sector lift, echoed by the note that tech stocks were higher Wednesday afternoon, rather than company-specific news.

Volatility check

This looks like normal high-beta movement rather than deterioration. NVDA has beta 2.23, so it is built to move more than the market, and the operating backdrop remains strong with revenue +83.4% YoY (TTM), latest quarter +105.8% YoY, EPS +125.2% YoY (TTM), gross margin +74.7%, operating margin +65.2%, and net margin +63.7%. Valuation is not cheap at PE 26.8 and forward PE 18.1, but the PEG 0.58 says the price is still tied to very strong growth, so even modest moves can be amplified in either direction. Analyst consensus is also still heavily positive, with 24 strong-positive, 41 positive, 3 neutral, 1 negative, and 0 strong-negative.

Earnings setup

The next earnings date is 2026-11-17. The facts do not give explicit consensus revenue or EPS estimates for that print, so I cannot quote a forecast for this period; what is available is the current operating run-rate of revenue +83.4% YoY (TTM), latest quarter +105.8% YoY, EPS +125.2% YoY (TTM), and margins of gross +74.7%, operating +65.2%, and net +63.7%. The market will likely focus on whether that growth pace is holding, whether margins stay near those levels, and whether the company can keep turning demand into earnings at a rate that supports the current PE 26.8 and forward PE 18.1.

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