Business · 21 September 2026
Nvidia stock rises after strong earnings and growth forecast
Pexels / Rafael Minguet Delgado
Nvidia's revenue for the second quarter of 2026 hit $96.2 billion, beating analyst predictions by about $4 billion. The company also expects its revenue to grow by 70% in fiscal 2027, which is more than $10 billion above many analyst models. Nvidia's positive outlook has led to a consensus "Buy" rating from analysts, with an average price target of $324.34.
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