By Lyle Daly
Publication Date: 2025-11-12 13:05:00
It’s an important day for Nvidia shareholders, but the conversation around AI stocks has changed since the company’s last earnings report.
Nvidia (NVDA 2.96%) will report earnings for the third quarter of its 2026 fiscal year on Nov. 19. Recent earnings reports have had good news for investors, as the chipmaker’s year-over-year revenue growth has topped 50% for nine straight quarters.
This often (but not always) leads to an uptick in Nvidia’s share price. Does that mean you should pick up some shares before the next earnings release? Let’s find out.
Image source: Nvidia.
Strong earnings might not drive up Nvidia stock this time
The conversation surrounding artificial intelligence (AI) spending has changed since Nvidia’s last earnings release. There’s debate about whether we’re in an AI bubble, and investors are wary about inflated valuations of popular AI stocks. On that note, Nvidia currently trades at an expensive 54 times trailing sales. It also tops the list of the largest companies by market cap, with a value of $4.6 trillion (as of Nov. 7).
Even if Nvidia has another great quarter, the macroeconomic climate and its high valuation could outweigh that. I wouldn’t recommend buying Nvidia stock now solely with the hopes that it jumps after earnings.
Today’s Change
(-2.96%) $-5.89
Current Price
$193.16
Key Data Points
Market Cap
$4694B
Day’s Range
$191.30 – $195.42
52wk Range
$86.62 – $212.19
Volume
3.3M
Avg Vol
183M
Gross Margin
69.85%
Dividend Yield
0.00%
Don’t get me wrong — I still…
