Nvidia (NVDA) is driving the artificial intelligence (AI) revolution - powering generative models, autonomous systems, and data centers - cementing its role as a dominant force in modern technology and high-performance computing.

Now, all eyes turn to June 25, when Nvidia will host its annual meeting of stockholders - a virtual gathering that promises a front-row seat to the company’s strategic blueprint and performance metrics. From CEO Jensen Huang’s vision to updates on AI infrastructure, gaming, and robotics, the event is a rare peek behind the curtain of one of tech’s most influential powerhouses. Plus, the CEO’s commentary is expected to offer crucial clarity amid rising industry competition and geopolitical challenges.

For investors and analysts alike, this meeting is more than ceremonial. It is a critical test for Nvidia’s momentum and market posture. Insights drawn from the session could heavily inform future investment stances, as Nvidia continues to redefine the digital frontier with unmatched velocity.

About Nvidia Stock

Santa Clara-based Nvidia (NVDA) is a global leader in graphics processing units (GPUs) and AI solutions. Initially revolutionizing gaming with its GeForce GPUs, Nvidia has expanded its reach into data centers, autonomous vehicles, and AI-driven applications. The company’s innovations, including the CUDA platform and Blackwell architecture, have positioned it at the forefront of AI and high-performance computing. Nvidia currently boasts a market cap above $3.4 trillion.

After stumbling earlier this year amid tariff fears and geopolitical jitters, NVDA stock is still up 5.4% on a YTD basis. Plus, the chip stock has roared back, delivering 24.4% returns over the past month. Fueled by a blockbuster earnings report and relentless AI chip demand, Nvidia dethroned Microsoft (MSFT) in market cap earlier this week, reclaiming its crown as the world’s most valuable company.

Nvidia’s Q1 Results Surpassed Projections

On May 28, Nvidia unveiled its earnings report for the first quarter of its fiscal year 2026, which showcased remarkable growth driven by surging demand in the AI and data center markets. The company’s revenue rose 12% sequentially and 69% year over year to $44.1 billion, surpassing analysts’ expectations. This growth was primarily driven by the data center segment, which generated $39.1 billion in revenue, representing 73% annual growth.

However, Nvidia faced challenges due to U.S. export restrictions on its H20 AI chips to China. The company incurred a $4.5 billion charge related to excess inventory and purchase obligations, impacting its gross margins. GAAP gross margin stood at 60.5%, while non-GAAP gross margin was 61%. Excluding the charge, non-GAAP gross margin would have been 71.3%. Non-GAAP EPS climbed 33% annually to $0.81, topping the projections. Without the charge, non-GAAP EPS would have been $0.96. 

In the gaming sector, Nvidia achieved record revenue of $3.8 billion, up 48% from the previous quarter and 42% year over year, driven by new product launches and a broader customer base. 

Furthermore, Nvidia anticipates Q2 revenue of approximately $45 billion despite projecting an $8 billion impact from continued H20 chip export restrictions. The company remains optimistic, citing strong global demand for AI technologies and ongoing investments in AI infrastructure across various regions.

Analysts monitoring Nvidia remain upbeat about its growth. For Q2, they expect profits to climb 44.6% year over year to $0.94 per share. Looking further ahead, fiscal 2026 EPS is forecast to rise 36.5% annually to $4, followed by another sharp surge of 32% to $5.28 in fiscal 2027.

What Do Analysts Expect for Nvidia Stock?

Investment firm Jefferies added Nvidia to its “Franchise Picks” list, highlighting the company’s dominant role in supplying AI accelerators to data centers. Despite facing an estimated $8 billion revenue impact from U.S. export restrictions on its H20 chips to China, Nvidia’s revenue forecasts impressed Jefferies.

Overall, analysts are upbeat on the chip maker's stock, giving the stock a consensus rating of “Strong Buy.” Of the 44 analysts covering the stock, 37 advise a “Strong Buy,” while three suggest “Moderate Buy,” four advise a “Hold,” and only one suggests a “Strong Sell.” 

The average analyst price target for NVDA is $173.88, indicating potential upside of 23.1%. The Street-high target price of $220 suggests that the stock could rally as much as 55.8%.