Nvidia doubles revenue and beats estimates, but stock still trails its peers

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Nvidia doubles revenue and beats estimates, but stock still trails its peers
PrimeXBT Editorial Team
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Nvidia's latest quarterly report showed revenue more than doubling, beating expectations for both revenue and earnings. The company also raised its guidance for the rest of the fiscal year, yet the stock has still underperformed some of its peers.

Nvidia more than doubled its revenue in its latest quarter, beating expectations for both revenue and earnings. The company also raised its guidance for the rest of the fiscal year.

Despite those results, Nvidia's stock has not kept pace with some of its peers. The report points to one metric behind the gap but does not specify what it is, leaving the underperformance only partly explained.

Nvidia shares traded at $230.36, up 0.84%, based on morning prices from Sep. 3, 2026.

Source: The Motley Fool (snippet-based)

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