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Nvidia Rallies Toward 52-Week High After Blockbuster Q4 Results

Nvidia shares surge near their 52-week high of $216.83, closing at $207.83 on May 6, fueled by Q4 revenue of $68.13B (+73% YoY), Data Center sales of $62.31B (+75% YoY), and Q1 guidance of $78B (+77% YoY). The rally follows early May tests of $200 amid China gray-market risks and peer reports, building on March's bullish $250-$300 targets despite Tepper's 10.5% stake trim and YTD dips. NVDA outperformed AMD's weaker Q4 metrics, with forward P/E at 23.64 supporting buy ratings ahead of May 20 Q1 earnings.

Category

NVIDIA

Sentiment

Bullish

Event

Performance comparison

Reading time

1 min