If generative AI is the engine behind a new industrial revolution, bullish market speculators believe the recent resurgence in Nvidia stock might just be the turbocharger. Please watch the video at Investors.

Nvidia's stock is up almost 5% shortly after Thursday's open, as it tracks toward its best post-earnings stock performance in a year. The stock rose 9.3% in the session following Nvidia's April-quarter report a year ago.

Live Updates Live Coverage Has Ended Coverage Has Moved 3:33 pm by For after-hours coverage, make sure to check out our new live blog. We’ll be reporting on every major storyline driving NVIDIA’s share price after it announces earnings in less than an hour.

Nvidia share price jumped as much as 6 per cent in afterhours trading on Wall Street after the IT giant posted stellar performance in first quarter results for FY26.

Despite the China setback, Wall Street remains optimistic. Analysts maintain a “Strong Buy” consensus on Nvidia stock. As more workloads move toward inference and AI agents become more common, the demand for AI computing is expected to grow rapidly, supporting Nvidia’s financial performance.

Considering all of this, will Nvidia soar on its earnings news? A look at history offers us some clues. I took a look at Nvidia's stock performance in the six months following the seven quarterly earnings reports from May 2023 through November 2024. (I didn't include the latest report, from this February, since six months haven't yet passed.)

Wall Street feels very strongly about Nvidia as well. With 32 Buy, 4 Hold, and 1 Sell recommendations, Nvidia enjoys a Strong Buy consensus rating. Its 12-month average price target of $164.21 would yield gains of ~20% in the year ahead. (See NVDA stock forecast)

The chipmaker just answered bears who feared the company's growth streak had stalled. The post Can Nvidia stock hit new heights? CEO Jensen Huang just provided clear and compelling evidence that the answer is "Yes.

Nvidia posts strong Q1 results and upbeat forecast despite $8bn revenue hit from US chip export curbs to China. Shares rise nearly 5% in after-hours trade.

Nvidia Corporation's Q1 beats estimates with strong growth in Data Center & Gaming. Click here to find out why NVDA stock is a Buy.