Nvidia stock is on a 7-day losing streak ahead of its big earnings report

Nvidia stock is on a 7-day losing streak ahead of its big earnings report

By Brian Sozzi
Publication Date: 2026-08-25 12:15:00

Investors are dumping Nvidia (NVDA) heading into its closely watched earnings report on Wednesday evening.

Nvidia stock has fallen for seven straight trading days, per Yahoo Finance AlphaSpace data. The sell-off marks the stock’s longest losing streak since 2022.

The stock has lost about 7% over this stretch, compared with a 1.2% drop for the S&P 500 (^GSPC).

The Nvidia bulls may be looking to avoid one harsh reality, at least from a short-term perspective. Strong earnings reports haven’t been too kind to Nvidia’s stock of late.

Nvidia stock has fallen in response to earnings in six of the past eight quarters, including the last four, per Yahoo Finance AlphaSpace analysis.

The reality is that the market is positioned for the company to post something great and for CEO Jensen Huang to sound super bullish on the earnings call.

The market also knows there is minimal downside risk to Nvidia’s growing investment portfolio, given the rising valuations (see Anthropic (ANTH.PVT), for example) being afforded to most privately held names in artificial intelligence.

Despite the pre-earnings slide, Nvidia is still expected to report a strong quarter on both the top and bottom lines and trades at an undemanding valuation.

In other words, there is a lot to like in Nvidia stock for the long term.

“It’s a great stock to have in your portfolio, it’s trading at a very reasonable multiple…