By John Bromels
Publication Date: 2026-05-06 08:15:00
Nvidia (NVDA 1.02%) is the largest company in the world right now, with a market capitalization of over $4.8 trillion. But we know it can go at least a little bit higher: In April, the company briefly topped $5.2 trillion in market cap.
The company reports Q1 earnings on May 20, and analysts are expecting another blowout quarter, with a consensus of $78.8 billion in revenue (up 78.6% year over year) and $1.77 in per-share earnings (up 118.5% year over year). Should you consider picking up shares of the chipmaking behemoth before its May 20 report?
Image source: Nvidia.
The surprising history
Although shares of Nvidia have risen 73% over the past year, not much of that growth has come in the wake of its earnings releases, despite its adjusted quarterly earnings beating analysts’ consensus in all four quarters.
In fact, over the past year, Nvidia’s stock has gone down after its earnings more often than it’s gone up. In February, for example, the stock price rose 4% in the week prior to Nvidia’s Q4 earnings report on Feb. 25, but plunged more than 9% in the two days following the announcement, more than erasing those gains. That’s the sharp slide near the center of this chart:
Today’s Change
(-1.02%) $-2.03
Current Price
$196.45
Key Data Points
Market Cap
$4.8T
Day’s Range
$196.04 – $200.24
52wk Range
$112.28 – $216.82
Volume
3.4M
Avg Vol
172M
Gross Margin
71.07%
Dividend Yield
0.02%
In November, shares had been trending downward when Nvidia reported Q3 earnings on Nov. 19, and they…
