Why Nvidia Stock Looks Like a Bargain Right Now
Key PointsNvidia’s shares are roughly 22% below their all-time high, even though its fiscal second-quarter revenue rose 106% to $96.2 billion, with data center revenue up 117% to $89 billion.
Nvidia shares have fallen approximately 22% from their all-time high and have remained essentially flat so far in 2026, according to Motley Fool. This decline comes despite the company's fiscal second-quarter revenue rising 106% to $96.2 billion. During that same quarter, which ended July 26, data center revenue grew 117% to reach $89 billion, as reported by both Nasdaq Markets and Motley Fool.
Motley Fool reports that management expects third-quarter revenue to reach approximately $108 billion, a 12% sequential increase at the midpoint. The company also forecasts a non-GAAP gross margin of 74%. Nvidia is scheduled to report its fiscal third-quarter earnings on Nov. 17.
Brief written by urgent.news from Nasdaq Markets, Motley Fool — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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