How NVIDIA Stock Gained 60%

-16.33%
Downside
183
Market
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Trefis
NVDA: NVIDIA logo
NVDA
NVIDIA

NVIDIA (NVDA)’s stock soared 61%, fueled by a surge in revenue and a sharp valuation lift—even as margins slipped. Behind this rally: a string of record earnings across quarters, cutting-edge GTC 2025 reveals, and soaring market cap milestones. Let’s unpack what really moved the needle.

Below is an analytical breakdown of stock movement into key contributing metrics.

  3072025 12022025 Change
Stock Price ($) 112.7 181.5 61.1%
Change Contribution By LTM LTM
Total Revenues ($ Mil) 130,497.0 165,218.0 26.6%
Net Income Margin (%) 55.8% 52.4% -6.1%
P/E Multiple 37.9 51.1 34.9%
Shares Outstanding (Mil) 24,489.0 24,366.0 0.5%
Cumulative Contribution 61.1%

So what is happening here? The stock jumped 61%, driven by a 27% revenue boost and a 35% valuation rise, despite a 6.1% dip in net margin. Now, let’s dig into the events behind these shifts.

Here Is Why NVIDIA Stock Moved

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  • Q1 FY26 Earnings Beat: Revenue $44.1B, up 69% YoY. Data Center revenue $39.1B, up 73% YoY, exceeding expectations.
  • GTC 2025 Innovations: Unveiled Blackwell Ultra AI, Isaac GR00T robotics model, and Vera Rubin chip roadmap.
  • Q2 FY26 Earnings Strong: Revenue $46.7B, up 56% YoY. Data Center revenue grew 17% sequentially, beating estimates.
  • Q3 FY26 Record Earnings: Record revenue $57.0B, up 62% YoY. Data Center $51.2B. EPS $1.30. Blackwell sales strong.
  • Market Cap Milestones: Surpassed $4T (July) and $5T (Oct) market cap, highlighting AI leadership.

Our Current Assesment Of NVDA Stock

Opinion: We currently find NVDA stock attractive but volatile. Why so? Have a look at the full story. Read Buy or Sell NVDA Stock to see what drives our current opinion.

Risk: A good way to gauge risk with NVDA is to check how much it fell during major market sell-offs. It plunged about 85% in the Global Financial Crisis and nearly 68% in the Dot-Com crash. The 2018 correction and Inflation Shock both saw drops over 55%. Even during the Covid pandemic, which was shorter, NVDA still pulled back around 38%. Solid fundamentals matter, but during big market shocks, NVDA has shown it can take a hard hit.

NVDA stock may have seen strong gains recently, but investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.