NVIDIA's Q2 2026 Earnings: What to Expect
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Valued at a market cap of $4.2 trillion, NVIDIA Corporation (NVDA) is a leading computing infrastructure company headquartered in Santa Clara, California. Initially known for inventing the Graphics Processing Unit (GPU), NVIDIA has evolved into a leader in accelerated computing, driving innovation across various industries, including gaming, data centers, AI, autonomous vehicles, robotics, and healthcare. It is expected to announce its fiscal Q2 earnings for 2026 after the market closes on Wednesday, Aug. 27.
Ahead of this event, analysts expect this semiconductor giant to report a profit of $0.94 per share, up 44.6% from $0.65 per share in the year-ago quarter. The company has topped Wall Street’s earnings estimates in three of the last four quarters, while missing on another occasion. In Q1, NVDA’s EPS of $0.81 fell short of the forecasted figure by 4.7%.
For fiscal 2026, analysts expect NVDA to report a profit of $4.02 per share, up 37.2% from $2.93 per share in fiscal 2025. Furthermore, its EPS is expected to grow 32.8% year-over-year to $5.34 in fiscal 2027.
NVIDIA has rallied 52.1% over the past 52 weeks, considerably outperforming both the S&P 500 Index's ($SPX) 17.3% return and the Technology Select Sector SPDR Fund’s (XLK) 21.1% uptick over the same time frame.
On May 28, NVIDIA released mixed Q1 results, and its shares surged 3.3% in the following trading session. The company’s revenue improved by an impressive 69.2% year-over-year to $44.1 billion, surpassing consensus estimates by 2.7%. However, while its adjusted EPS of $0.81 advanced 32.8% from the same period last year, it missed the analyst expectations by 4.7%.
On Apr. 9, NVIDIA was informed by the U.S. government that a license is required for the export of its H20 products to the Chinese market. As a result of these new requirements, NVIDIA incurred a $4.5 billion charge in Q1, which impacted its profitability, leading to the bottom-line miss.
Wall Street analysts are highly optimistic about NVDA’s stock, with an overall "Strong Buy" rating. Among 45 analysts covering the stock, 39 recommend "Strong Buy," two indicate "Moderate Buy," three advise “Hold,” and one suggests a "Strong Sell” rating. The mean price target for NVDA is $182.60, implying a 5.1% premium from the current levels.
On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.