Nvidia Stock Update
As of March 10, 2026, Nvidia (NASDAQ: NVDA) shares are priced at nearly $185, down approximately 11% from its all-time highs. Despite a modest decline of 1% this year, Nvidia’s revenue surged to $68.1 billion in the fourth quarter, marking a 73% increase year-over-year, and the company generated earnings per share (EPS) of $4.90 in fiscal 2026, up 67% from the previous year. Analysts anticipate EPS of $8.25 for fiscal 2027 and $10.74 for fiscal 2028, indicating about 120% growth over two years.
Nvidia’s forward price-to-earnings (P/E) ratio is currently around 22, significantly lower than its historical range of 40-50 during prior AI market upswings. The company is leveraging major AI initiatives and increasing data center demands from tech giants like Alphabet, Amazon, and Microsoft. These factors suggest potential for substantial future growth despite challenges posed by trade tensions and competitive pressures.
