NVIDIA Corporation
NVDADesigns the graphics chips (GPUs) and networking kit that power most of the world's AI data centres, as well as gaming PCs.
Nasdaq (US) · Technology · Semiconductors · Status: Holding
Live price Live
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Key figures as of 16 October 2026 Snapshot
Analyst consensus as of 16 October 2026 (not my forecast)
Average rating: Strong Buy from 62 analysts. Average 12-month price target: $328.72 (12-month average) (+53.5% vs $214.13).
Why I invested
I like to invest in companies I see as pioneers building the future, and to me NVIDIA is right at the centre of the AI revolution. Its chips are the engines behind so many of the AI tools that are starting to change how we work and live. Rather than trying to guess which AI app will win, I see owning NVIDIA as a way of backing the “picks and shovels” that almost all of them rely on.
I’m investing for the long term, so I expect ups and downs along the way.
What does NVIDIA do?
NVIDIA started out making graphics cards for video games. It turned out that the same type of chip (a GPU, which does lots of small calculations at once) is brilliant at training and running artificial intelligence. Today most of NVIDIA’s money comes from its Data Center business: selling GPUs, whole server systems and networking equipment to cloud companies like Amazon, Microsoft, Google and Meta.
It still sells GeForce graphics cards for gamers, plus chips for cars, robots and professional workstations.
How is it doing? (the simple version)
- Growing very fast. Revenue for the year to January 2026 was a record $215.9 billion, up 65% on the year before. Over the last 12 months it was about $303 billion.
- Very profitable. Roughly 64 cents of every dollar of revenue ended up as profit over the last year, which is very high for any company.
- Next results: expected in late November 2026 (check NVIDIA’s investor site for the confirmed date).
Jargon buster: P/E ratio = share price ÷ profit per share. A P/E of 27 means investors are paying about £27 for every £1 of yearly profit. “Forward” P/E uses analysts’ estimates of next year’s profit instead.
What do analysts say?
According to StockAnalysis.com, the 62 analysts it tracks have an average rating of “Strong Buy” and an average 12-month price target of $328.72 (as of 16 October 2026). Analysts are often wrong, and targets change all the time, so treat this as one opinion, not a promise.
Things that could go wrong
- Big customers might slow their AI spending, or build their own chips.
- Competition from AMD, Broadcom and custom chips.
- Export restrictions (for example on sales to China) and tensions between the US and China.
- The shares have risen a lot, so expectations are high and disappointing news can cause big falls.