Nvidia Targets $78 Billion Q1 Revenue as May 20 Earnings Test AI Rally
Updated
Updated · The Motley Fool · May 16
Nvidia Targets $78 Billion Q1 Revenue as May 20 Earnings Test AI Rally
4 articles · Updated · The Motley Fool · May 16
May 20 is shaping up as Nvidia’s next stock catalyst, with the company set to report fiscal 2027 first-quarter results after the bell.
Nvidia has guided for $78 billion in revenue—up 77% year over year—and gross margin above 74%, extending the high-profit growth that has powered investor enthusiasm.
Recent management commentary in February and at March’s GTC conference pointed to sustained demand for AI chips and upcoming products including the Vera Rubin platform.
Three straight first-quarter reports were followed by five-day stock gains of 23%, 20% and 5.2%, even though Nvidia fell after seven of its past 12 quarterly reports overall.
That setup leaves the earnings release as a near-term test of whether Nvidia’s AI-driven rebound can continue after the stock’s 1,500% rise over five years.
With power grids and data storage at their limit, can the AI hardware boom continue its explosive growth?
As rivals and big tech develop their own AI chips, can Nvidia maintain its overwhelming market dominance?