Go long on NVIDIA ahead of earnings report

On May 20, 2026, NVIDIA is set to unveil its first‑quarter financial results. The release will hit the tape after the closing bell. Analysts are bracing for record-breaking numbers, with consensus estimates projecting revenue of around $78.8 billion and earnings per share (EPS) of approximately $1.75. Nevertheless, the market will be reading between the lines too, watching closely for the updated second-quarter guidance, comments on Blackwell shipments, the Rubin development roadmap, and margin trends. 

A strong print would once again cement NVIDIA's crown as the undisputed leader in artificial intelligence and infrastructure. And the fundamentals speak for themselves. Microsoft, Google, and Amazon continue to pour billions into AI, and the steady march toward newer chip generations is raising the competitive wall for anyone trying to catch up.

If the company not only beats forecasts but also delivers a rosy outlook for the quarters ahead, its shares could catch fire immediately after the release and keep running into the next trading session. In such a scenario, the first upside target will be $230. But what if the guidance turns out to be a blockbuster? NVIDIA could be off to the races, breaching new all-time highs. 

The final recommendation: 

— Buy ​​NVIDIA stock at the current price, targeting $230 within one week.

— To shield ourselves from adverse market movements, place a Stop Loss order just below the support level, namely at $215.