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NVIDIA Stock Price: NVDA stock price Q4 earnings impact

US Street Talk News Desk February 24, 2026
4 min read
Nvidia Stock Price - US Street Talk - NVDA Stock - NASDAQ: NVDA
Nvidia Stock Price - US Street Talk - NVDA Stock - NASDAQ: NVDA

New York, 24 February 2026: On Wall Street in the US, NVIDIA (NASDAQ: NVDA) stocks had a positive start in today’s trading session. On Tuesday, 23 February 2026, the stock closed at $191.55, up 0.91% or $1.73 compared to the previous day. In pre-market trading before the market opened, the price was around $191.00. The market capitalisation is about $4.66 trillion. The 52-week range is $86.62 to $212.19 and the TTM PE ratio is 47.41.

NVIDIA’s stock has only gone up 1-2% so far in 2026, making some investors cautious. However, NVIDIA’s position as a leading company in AI chips is still strong. Tomorrow, on 25 February 2026, the company will announce its FY2026 fourth-quarter (Q4) earnings. On Wall Street, these results are seen as the ‘biggest test’ for AI trades.

Q4 earnings: what are the expectations?

According to analysts, NVIDIA’s Q4 revenue is expected to be $65.7 billion (a 67% increase year-on-year) and earnings per share (EPS) $1.53 (a 72% rise). The company had reported $57 billion revenue and $51.2 billion from its data centre segment in Q3. For Q4, the company had guided $65 billion (±2%), slightly below analysts’ expectations.

The data center (AI infrastructure) is NVIDIA’s main business, making up 90% of its total revenue. CEO Jensen Huang recently said the demand for Blackwell chips is ‘off the charts’ and ‘insane’. Blackwell B200 and GB200 chips are sold out until mid-2026. The Rubin chip platform will arrive by the end of 2026, so long-term demand is expected to stay strong.

Will AI trade rise again?

Q4 results and future guidance could be crucial for AI trades. If the company posts better-than-expected results and gives strong guidance for FY2027, AI-related stocks (Microsoft, Google, Amazon etc.) could rally again. Analysts say that hyperscalers’ (big cloud companies) capital expenditure has reached record levels in 2026. The market will focus on Blackwell’s production growth and gross margin (expected around 75%).

However, there are some risks: competition (AMD, Intel, new startups), slowing sales in China, and fears of an AI spending ‘bubble’. Still, most analysts believe the AI ‘virtuous cycle’ has started – demand is rising in both training and inference.

What are the traders looking at?

NVIDIA stock traders are mainly keeping an eye on the following things:

  • Blackwell ramp-up: how fast are production and shipment increasing?
  • Quality of guidance: How strong are revenue and margin for Q1 FY2027 and the full year?
  • Data center demand diversity: Is it just dependent on a few big companies or expanding into enterprise, sovereign AI and new countries too?
  • Gross margin: will it stay around 74-75% due to the high prices of AI chips?
  • Rubin transition: Is the shift to the new platform happening quickly by the end of 2026?

If the results and guidance are ‘beat and raise’, the stock is likely to go above $200. On the other hand, weaker than expected guidance could put pressure on it.

What do US market analysts say? What’s the price target?

Wall Street is giving NVIDIA a ‘Strong Buy’ rating. According to 52 analysts, the average price target is $267.73 (up 40% from the current price). The highest target is $400, while the lowest is $205. (MarketBeat data)

  • D.A. Davidson: Buy rating, $250 target (23 February 2026).
  • Morgan Stanley: Overweight, $250 target; Rubin said the transition is fast.
  • Goldman Sachs: Buy, $250 target.
  • Bank of America: Buy, $275 target (according to some reports).
  • Evercore ISI: Some analysts expect it to reach $352 by the end of 2026.

Most analysts think that NVIDIA’s price is discounting the ‘peak’ AI demand in 2026, but in reality, demand will remain strong even in 2027-28. Revenue is expected to reach up to $330 billion in FY2027.

Conclusion

NVIDIA’s Q4 earnings will not only shape the company’s future but also the direction of the entire AI ecosystem. With the current price at $191.55, analysts are seeing a 40%+ upside potential. Investors should closely watch the post-earnings guidance and CEO Huang’s comments. Most people believe the AI trade is still in its ‘early innings’.

This news is based on available public information and analyst reports. Get independent advice before investing. There is risk in the stock market.