NVIDIA Corporation (NVDA) Releases its FQ2 2026 Results

NVIDIA Corporation (NASDAQ:NVDA) is one of the Stocks That Will Make You Rich In 5 Years. On August 27, NVIDIA Corporation (NASDAQ:NVDA) released results for its fiscal second quarter of 2026. Wall Street is bullish on the stock as the company exceeded consensus for revenue and EPS by $609.1 million and $0.04, respectively. The analysts’ 12-month average price target of $200 reflects a 10.13% upside from current levels.

Following the release, on August 28, Stifel Nicolaus analyst Ruben Roy maintained a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) with a $212 price target. Management noted that the fiscal second quarter growth was driven by data center revenue, which reached $41.1 billion after growing 56% year-over-year. Looking ahead, the company expects fiscal third quarter revenue of around $54.0 billion, plus/minus 2%, with GAAP gross margins of around 73.3%.

NVIDIA Corporation (NASDAQ:NVDA) is a computing company that focuses on accelerated computing and advanced graphics.

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Disclosure: None. This article is originally published at Insider Monkey.