NVIDIA Draws Fresh Buying at 26x Forward Earnings as FY2026 Revenue Jumps 65.47%
Updated
Updated · 24/7 Wall St. · May 17
NVIDIA Draws Fresh Buying at 26x Forward Earnings as FY2026 Revenue Jumps 65.47%
4 articles · Updated · 24/7 Wall St. · May 17
$215.20 NVIDIA shares are still being bought by the report’s author, who argues the stock looks cheap relative to growth despite a roughly $5.23 trillion market value.
FY2026 revenue rose 65.47%, free cash flow reached $96.58 billion and net income hit $120.07 billion, while the stock trades at 26 times forward earnings with a 0.68 PEG ratio.
Q4 FY2026 revenue climbed 73.21% to $68.13 billion, including $62.31 billion from Data Center, and management guided Q1 FY2027 revenue to about $78 billion even without China data-center compute sales.
Eight straight earnings beats and large customer commitments from Meta, OpenAI and CoreWeave underpin the bullish case, with the report citing multi-year demand visibility into NVIDIA’s Rubin cycle.
Risks still center on an AI capex slowdown, stronger in-house chips such as Google TPUs and China-related export shocks, especially with $95.2 billion in supply commitments already on the books.
Is NVIDIA's $26B AI model plan a brilliant defense or a risky gamble against its own customers?
By securing most of TSMC’s packaging capacity, has NVIDIA checkmated rivals in the next-gen AI chip race?
NVIDIA’s FY2026 Financial Surge: $216B Revenue, AI Leadership, and Geopolitical Challenges
Overview
NVIDIA achieved record-breaking financial results in fiscal year 2026, with total revenue soaring to $215,938 million—a 65% increase from the previous year. This strong growth was matched by a 65% rise in GAAP net income to $120,067 million and a 67% jump in diluted earnings per share. Non-GAAP metrics also showed impressive gains, and the company maintained robust gross margins above 71%. These results highlight NVIDIA’s dominant position in the technology sector, driven by its strategic focus on AI hardware and continued innovation, which together fuel its exceptional profitability and market leadership.