Nvidia Financial Highlights
Nvidia’s revenue surged by 62% year-over-year to $57.0 billion in its fiscal third quarter of 2026, which concluded on October 26, 2025. This growth represents an acceleration from the previous quarter’s revenue increase of 56%. The company’s data center revenue, crucial for its AI business, rose 66% year-over-year, reaching $51.2 billion.
Market Outlook
Key tech players are poised to invest heavily in data centers, with Amazon planning $200 billion in capital expenditures for 2026, and Alphabet and Meta Platforms forecasting $175-$185 billion and $115-$135 billion, respectively. However, long-term concerns exist regarding Nvidia’s pricing power and competition, as some clients are developing in-house alternatives, potentially impacting future growth rates.
Stock Projections
Currently trading around $188 per share, analysts project Nvidia could reach approximately $303 to $331 per share over the next five years, assuming annual growth rates of 10% to 12%. Despite the positive short-term outlook, investors should brace for more normalized growth conditions in this competitive landscape.
