Nvidia Reports Nov. 17. History Says What Its Stock Usually Does Next.
Key PointsNvidia's stock fell the day after six of its past 10 earnings reports.
Nvidia (NVDA) is set to report its fiscal third quarter results for the period ending October 25, 2027, after the market closes on November 17. Currently trading around $205, the stock has been trading roughly 14% below its October 6 high of $239.24. Investors may look to Nvidia's historical performance for clues on how the stock might react to the upcoming report.
Historically, Nvidia's revenue has exceeded management's forecasts in all but two of its last 10 reports, dating back to May 2024. However, the stock has fallen on the day following six of these reports. On average, Nvidia's shares tend to move about 5% higher or lower following each report. Although some reports have led to significant declines, such as an 8.5% drop in February 2025, many of these drops have not persisted, with shares often recovering by the time of the next report.
Nvidia's most recent report showed revenue up 106% year-over-year, surpassing expectations, and the stock rose around 9% the following day. While there is no guaranteed pattern for the stock's reaction, Nvidia's record appears relatively robust, with shares typically returning to their pre-report levels within a few months. With a current valuation of around 14 times earnings, Nvidia's stock appears reasonably priced, particularly given the strong revenue growth in its latest quarter.
Based on history, it may be prudent to consider buying Nvidia shares before the November 17 report rather than waiting for the day after the report.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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