NVIDIA (NVDA) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $2.22
- Estimate
- $2.09
- Surprise
- +6.2%
- Revenue (period 2026-07-26)
- $96.22B
- Score at report (before → after)
- 7.3 → 7.3/10
Revenue source: xbrl.
How the report landed
NVIDIA (NVDA) beat the $2.09 estimate with adjusted EPS of $2.22 — a clear 6.2% upside surprise. TrendMatrix's engine moved from Buy (Wait) (7.3/10) to Strong Buy at 7.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates NVDA Hold at 7.2/10.
4 of the last 4 quarters beat the estimate; this quarter's +6.2% surprise compares with a +5.1% four-quarter average. Next scheduled report: 2026-11-17.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.8 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Sector modifier (Technology): -0.8
- Momentum score 4.4/10 — below 4.5 minimum
- News gate: 0 distinct critical events (0 MATERIAL_RISK articles)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $213.26
- Entry target
- $213.12
- Price target
- $302.64
- Stop
- $203.87
- Upside to target
- +41.9%
- Reward-to-risk
- 7.6:1
The stock trades at 27.2× trailing but 13.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
NVDA at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductors
- Market cap
- $5200.78B
- P/E (fwd)
- 13.5
- P/E (ttm)
- 27.2
- 52-week range
- $164.27–$243.37
- Off 52-week high
- 12.4%
- RSI (14)
- 34
- Volume vs avg
- 0.07×
- Score today
- 7.2/10