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Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) shares slipped roughly 2% following its fiscal first-quarter earnings, but four Wall Street analysts weren't fazed, raising price targets across the board after the chipmaker posted record revenue and issued guidance that topped already elevated expectations. The company reported fiscal first-quarter revenue of $81.6 billion, beating Wall Street estimates by approximately $3 billion, while data center revenue of $75 billion came in around $2 billion ahead of expectations.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) reported record first quarter results that beat Wall Street expectations for both revenue and earnings, driven by continued strength in its data center business and sustained demand for artificial intelligence infrastructure. For the quarter ended April 26, 2026, the company posted revenue of $81.6 billion, compared with Wall Street estimates of about $78.91 billion.
Wall Street's historic rotation back into AI signals a new era — SaintQuant's no-code platform lets everyday investors follow the smart money with one click Wall Street's historic rotation back into AI signals a new era — SaintQuant's no-code platform lets everyday investors follow the smart money with one click
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Hedge fund billionaires Israel Englander and David Tepper sold Nvidia and bought Micron in the fourth quarter, but Wall Street now sees Nvidia as the more attractive stock. Nvidia is the market leader in AI accelerators and networking equipment, and the stock looks cheap compared to Wall Street's forward earnings estimates.
