Nvidia Beats Q1 Estimates, Guides $91B Q2 Revenue as Shares Dip Post-Earnings

Nvidia shares traded near $225 ahead of fiscal Q1 2027 results on May 20. The stock rallied from March lows near $182 after Strategas issued a $212-$215 target and CEO Jensen Huang doubled the AI demand outlook to $1 trillion through 2027. Fiscal 2026 revenue reached $215.9 billion with data-center sales up 75% YoY. Wall Street turned bullish, lifting consensus targets to $274 and BofA raising its price objective to $320. The company posted Q1 revenue of $81.62 billion and guided Q2 revenue to $91 billion, beating estimates, though shares fell modestly after hours amid competition concerns.