- Prev close
- $181.60
- Day range
- $185.22 – $194.90
- Next earnings
- in 10 days
NVIDIA’s move was driven primarily by a sector-wide AI rout, with NVDA down -9.3% while AVGO fell -10.4%, MU fell -17.5%, AMD fell -17.3% and TXN fell -10.7%; the backdrop is not stock-specific, but the size of the swing shows how quickly rich AI multiples can reprice.
NVDA
NVIDIA CORP
As of Nov 5, 2026
38/100
Deserves your attentionHealth ScorePrimary driver: sector-wide AI de-risking
The move looks sector-wide rather than company-specific. NVDA fell -9.3% in the latest session, while the S&P 500 rose +1.7% and the Nasdaq 100 rose +1.0%, so the broader market did not drive the decline. Same-sector peers were hit harder but in the same direction — AVGO -10.4%, MU -17.5%, AMD -17.3%, and TXN -10.7% — which points to an AI/semiconductor reset, not an NVIDIA-only problem. The recent headlines fit that read: “AI rout batters Wall St” and “Nvidia, Sandisk, CoreWeave, SpaceX Plunge,” so the primary cause is sector-wide de-risking around the AI trade.
Volatility is elevated, but fundamentals are still strong
This is a large swing, but it sits alongside very strong operating numbers: revenue is +83.4% YoY (TTM), the latest quarter was +105.8% YoY, and EPS is +125.2% YoY (TTM). Margins remain exceptional at gross +74.7%, operating +65.2%, and net +63.7%. The issue is not business deterioration; it is valuation sensitivity. A PE of 25.0 and forward PE of 14.5 are not extreme for a company growing this fast, but a PEG of 0.46 — PE divided by growth, so a rough price-per-growth check — shows the market is still paying for very high growth and will re-rate the stock aggressively when AI sentiment cracks. Beta is 2.33, so outsized moves are part of the profile. On the facts here, this looks more like normal high-beta volatility than a fundamentals break, but the move is still meaningful because sentiment around the AI trade is clearly driving the stock.
Earnings setup: date not provided
The next earnings date is not available this period, so I can’t place the stock against a specific reporting calendar. The facts do show what the market is likely focused on: revenue growth of +83.4% YoY (TTM), latest-quarter revenue growth of +105.8% YoY, EPS growth of +125.2% YoY (TTM), and margins of gross +74.7%, operating +65.2%, and net +63.7%. Those are the baseline expectations the market is comparing against. The recent news flow suggests investors are also waiting to learn whether AI demand is still holding at the same pace, whether guidance stays consistent with the latest quarter’s +105.8% YoY growth, and whether margins remain near the current +74.7% gross and +65.2% operating levels. The facts do not provide a prior post-earnings reaction pattern, so I won’t infer one.
This report is for informational and educational purposes only. It does not constitute financial, investment, tax, or legal advice. The platform does not recommend buying or selling any security.
Track NVDA with WhyIHold
Get a plain-English explanation the next time NVIDIA CORP makes a big move — so you know whether it's benign or worth your attention.