How NVIDIA’s share price reacts after earnings

Why NVIDIA’s earnings matter to investors

Earnings announcements often drive significant market movements, especially for high-growth technology companies like NVIDIA. As a global leader in artificial intelligence (AI) and semiconductors, NVIDIA’s quarterly results not only impact its own share price but also influence sentiment across the wider technology sector.

NVIDIA is scheduled to release its second quarter (Q2) financial year (FY) 2026 results on Thursday, 28 August 2025 at 6.20am (AEST), after the United States (US) market closes 

This analysis examines how NVIDIA’s share price typically reacts after earnings announcements, highlighting key patterns that can help both active traders and long-term investors make informed decisions.

Key financials  

Expectations for Q2 2026

• Revenue:  $45.8 billion
• Revenue growth:  52.4% year-on-year (YoY) 
• Net income: $23.2 billion

Comparison to previous quarter 

• Revenue: $44.1 billion, up 69% YoY
• Net income: $18.8 billion
• GAAP gross margin: 60.5%

Post-earnings performance analysis 

Immediate reactions (one day) 

NVIDIA’s share price typically reacts strongly in the first 24 hours following earnings. For instance, after Q1 2024 and the fourth quarter (Q4) 2024, NVIDIA saw one-day gains in the double digits. However, not all results were met with enthusiasm. Following Q2 2023 and Q2 2025, the share price fell by approximately 5 % to 10 %, reflecting investor disappointment or overbought conditions ahead of the announcements.

Short-term adjustments (one week) 

After Q2 2025, NVIDIA’s share price extended its decline, suggesting further scrutiny of results and guidance. In contrast, Q1 2025 triggered a one-week rally of more than 15 %, indicating that strong results and upbeat commentary reinforced investor confidence.

Medium-term trends (one month) 

The one-month view captures deeper investor conviction - or lack thereof. Q1 2024 and Q1 2025 posted gains over 35 %, while Q2 2023 and Q3 2025 recorded steep declines. This suggests early optimism can either strengthen or fade with broader context.

Overall patterns 

Several trends stand out across the data. Bullish quarters like Q1 2024 and Q1 2025 delivered consistent gains across all periods, supported by strong results and confidence in NVIDIA’s AI leadership. In contrast, bearish quarters such as Q2 2023 and Q2 2025 saw negative movements across the board, likely reflecting weak earnings or cautious forward guidance.

Notably, Q1 results tend to drive greater volatility, possibly due to updated annual forecasts or major product announcements. One-month performance often shows the most significant shifts, reinforcing or reversing early sentiment depending on broader macro and sector influences.

Implications for investors 

NVIDIA’s post-earnings volatility offers both opportunity and risk. One-day moves reflect headlines; one-week shifts follow revised expectations; one-month trends show lasting conviction.

Long-term investors may benefit from short-term overreactions. Traders could find opportunity in earnings-driven momentum. As a key player in AI and advanced computing, NVIDIA remains a benchmark for sentiment in the tech sector.

NVIDIA post-earnings performance chart