Prediction: Nvidia’s Stock Will Soar After May 20 | The Motley Fool

May 20 is going to be a big day for Nvidia (NVDA 4.39%) shareholders, but also for every investor. Nvidia has grown to become a massive $5 trillion company that is a huge part of every major stock index. So, if Nvidia does well, so does the whole market. If Nvidia skips a beat, the broader market will also take a hit. Luckily for investors, I think good news is coming after market close on May 20 that could cause the stock to soar on May 21.

Nvidia reports its first-quarter earnings on May 20, and if history is any indicator, the stock could be in for a wide move. I think the situation looks pretty similar to years past, making Nvidia an excellent candidate to soar after beating expectations.

Nvidia has a history of outperforming expectations

Over the past year, Nvidia has consistently outperformed Wall Street analysts’ expectations. This stems from the fact that AI demand has always exceeded what everyone expected, and all the signs are there for Nvidia to do it again.

AI demand is still high, and companies like Meta Platforms (META 0.66%) have already boosted their capital expenditure guidance for 2026 due to higher data center component pricing. While Meta wasn’t specific about which component that was, it shows that there’s a general lack of supply of computing equipment compared to demand. As a result, supplier Nvidia’s business should remain strong and will likely deliver an earnings beat.

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