Why Is Nvidia Stock Underperforming in 2026?
Year to date, Nvidia (NASDAQ: NVDA) is down 2% even as the S 500's returns have been about flat. What gives? After all, Nvidia's financial performance recently has been astounding. The company reported accelerating top-line growth in its most recent quarter (fiscal Q3) as its earnings soared. Even more, Nvidia guided for very strong fiscal fourth-quarter results.
And there's another reason to be bullish. Tech giants, including Amazon, , Microsoft, and Meta Platforms, have announced massive capital expenditure plans. Specifically, they expect to spend big on AI (artificial intelligence) -- Nvidia's bread and butter. This should be a boon for Nvidia's sales in the near term. Further, it shows that a slowdown in demand for AI chips is unlikely -- at least not anytime soon.
Is Nvidia stock's recent underperformance a red flag, or is this a buying opportunity?
Source Fool.com
Alphabet Inc. A Stock
With 165 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 334 € there is a slightly positive potential of 8.16% for Alphabet Inc. A compared to the current price of 308.8 €.
