Stocks
Nvidia Stock Surges 19% Amid Supply-Constrained Revenue Growth
Nvidia's stock has risen by 19% so far in 2026 to $225, outperforming its Q2 revenue growth of over 100% year-over-year to $96 billion.
The company's price-to-earnings (P/E) ratio has shrunk by 25.8% over the past year, while earnings per share (EPS) grew by 59.5%.
Nvidia guided to a revenue growth of around 70% for fiscal 2028, citing supply constraints as the reason. CFO Colette Kress stated that customers' forecasts point to the company's growth doubling next year, but it will only achieve 70% growth due to supply limitations.