By Keithen Drury, The Motley Fool
Publication Date: 2026-04-28 17:52:00
Nvidia (NASDAQ: NVDA) stock has been enjoying a solid few weeks after being relatively dormant for about six months. However, I think there’s a catalyst on the horizon that could send it skyrocketing. On May 20, the company will announce its fiscal 2027 first-quarter results. These reports have become a spectator event for shareholders and non-shareholders alike.
The leading GPU designer is one of my highest-conviction stocks, and I think it will deliver results that blow away expectations.
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
Management is guiding for monster growth
In conjunction with its fiscal Q4 results, management guided for 77% revenue growth during the current fiscal quarter. Regardless of whether a company is a $1 billion small cap or a $5 trillion behemoth, that would be an impressive growth rate. Considering Nvidia’s size, this level of growth is unheard of, and it showcases the demand for its cutting-edge data center processors. Demand for artificial intelligence (AI) computing has never been higher, and it appears that it’s only going to continue rising.
There are a host of estimates for what AI infrastructure spending will look like over the next few years, but…
