How NVIDIA Stock Gained 60%
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
- 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.