Nvidia stock climbs ahead of August earnings as AI guidance points to $91 billion quarter

Nvidia stock is trading around $224 in mid-August 2026 as investors position for the August 26 earnings release, with the company targeting $91.0 billion in quarterly revenue and data center growth remaining the key driver.

Nvidia (ISIN US67066G1040) stock is trading around $224 in mid-August 2026, with shares recently closing at $224.09 after a gain of 3.03% in the latest completed session, as investors look ahead to the next earnings release on August 26, 2026 and a guidance target of $91.0 billion in quarterly revenue.

AI earnings wave and guidance for $91 billion quarter

Recent reporting on the upcoming artificial intelligence earnings wave in August 2026 highlights Nvidia as one of the central names, with the company expected to publish its next set of results on August 26, 2026 and management having guided for revenue of $91.0 billion in the current quarter at a non-GAAP gross margin of 75.0 percent.

In the most recently reported quarter, which is cited as the latest full period available ahead of the August release, Nvidia delivered revenue of $81.615 billion, an 85.23 percent year over year increase, showing how rapidly the business has been expanding in its core markets.

Within that quarter, data center revenue reached $75.246 billion, up 92 percent compared to the same period a year earlier, underlining how demand for Nvidia's accelerators and networking products in cloud and enterprise infrastructure has become the dominant driver of the company’s growth story.

Analyst consensus and stock performance into mid-August

Recent market commentary notes that Nvidia closed a session in August 2026 at $224, up 3 percent on the day, and that the shares sit 7.5 percent above their 20-day moving average and 8.7 percent above their 50-day moving average, indicating a strong short term uptrend going into the earnings date.

The same overview indicates that 58 of 61 analysts currently rate the stock as Buy or Strong Buy and that the consensus 12 month price target stands at $302, which is 34.8 percent above the latest closing level of around $224, showing that Wall Street expects meaningful further upside if the company delivers on its guidance and maintains rapid data center growth.

Separate coverage of semiconductor stocks ahead of the August earnings wave notes that Nvidia shares closed at $217.50 on August 11, 2026, representing a 16.76 percent gain year to date and a 996.42 percent increase over five years, which frames the recent move to around $224 as part of a much larger multiyear rally driven by the expansion of artificial intelligence workloads.

Data center dominance and historical growth context

The same earnings oriented analysis emphasizes that in the most recently reported quarter, data center revenue of $75.246 billion was not only up 92 percent year over year but also dwarfed other segments, with networking revenue inside the data center segment accelerating by 199 percent, which illustrates how demand for end to end AI infrastructure is transforming Nvidia’s revenue mix.

Non-GAAP earnings per share in that quarter were $1.87, beating consensus estimates by 5.42 percent, and this margin of outperformance against expectations helps explain why analysts have maintained a predominately positive view on the stock ahead of the next report.

Guidance for the current quarter, at $91.0 billion in revenue with a 75.0 percent non-GAAP gross margin, sits 11.5 percent above the $81.615 billion revenue figure of the most recently reported quarter, highlighting that management expects the artificial intelligence demand trend to remain strong even after the very rapid growth already recorded.

Representative product: Nvidia data center platform

A representative element of Nvidia’s business model underpinning these numbers is its integrated data center platform for artificial intelligence workloads, which combines graphics processing units, networking hardware and software stacks designed to accelerate training and inference in large language models and other complex AI applications, providing cloud providers and enterprises with the building blocks for high performance computing clusters.

Nvidia stock level and market context

Nvidia stock recently settled at $224.09 at the close of a session in mid-August 2026, with market data indicating that the shares gained 3.03 percent on that day and traded within a range that placed them several percent above short term moving averages, as investors continued to anticipate the upcoming August 26, 2026 earnings release and the $91.0 billion revenue guidance that makes Nvidia one of the most closely watched names in the current artificial intelligence cycle.

Read more

Further details on Nvidia’s upcoming earnings and guidance can be found in dedicated earnings previews and semiconductor sector overviews that discuss the company’s role in the broader artificial intelligence hardware market.

Fact box

Company: Nvidia Corp.

ISIN: US67066G1040

Ticker: NVDA

Exchange: Nasdaq

Price (as of August 13, 2026, close): $224.09 USD

Market cap: data consistent with a share price in the mid $220s and a position among the largest global technology companies

Sector / Industry: Information Technology / Semiconductors

Index membership: S&P 500, Nasdaq-100