<div id="readability-page-1"><div> <h2>Key Points</h2><ul><li>All eyes will be on Nvidia stock when the company releases its first quarter report after the market close on Wednesday.</li><li>Nvidia's customers have been ramping up spending to support the ongoing demand for AI. </li><li>Investors are keen to know what the stock will do immediately following the report, but they might be asking the wrong question. </li><li>10 stocks we like better than Nvidia ›</li></ul>Nvidia (NASDAQ: NVDA) is arguably the most highly watched technology stock on the market. The company's graphics processing units (GPUs) have become the gold standard for artificial intelligence (AI), making it a bellwether of the AI boom.As such, all eyes will be on Nvidia when the company reports the results of its fiscal 2027 first quarter (ended April 27) after the market close on Wednesday. Investors are keen to know what the stock will do in the aftermath of this crucial financial report, as it will provide insight into the ongoing adoption of AI. Furthermore, some want to know if now is a good time to buy the stock ahead of the company's earnings release. History offers a startling answer for investors who are asking the right question.Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. Continue »Let's review the company's recent results, expectations going into the report, and what history says about the future.<img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg3MDkyNS9hLXBlcnNvbi1vbi10aGUtcGhvbmUtcG9pbnRpbmctdG8tbW92ZW1lbnQtb24tYS1zdG9jay1jaGFydC5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="700" height="468" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg3MDkyNS9hLXBlcnNvbi1vbi10aGUtcGhvbmUtcG9pbnRpbmctdG8tbW92ZW1lbnQtb24tYS1zdG9jay1jaGFydC5qcGcmdz03MDA"/>Image source: Getty Images. <h2>Enviable results</h2>For its fiscal 2026 fourth quarter (ended Jan. 25), Nvidia reported revenue of $68.1 billion, which soared 73% year over year and 20% sequentially. These strong sales drove robust earnings per share (EPS) of $1.76, which surged 98%. The biggest contributor to the company's blowout results was the continuing adoption of AI, as revenue in its data center segment jumped 75%.Nvidia expects its stellar growth to continue. For its fiscal 2027 first quarter, management is guiding for revenue of $78 billion, representing 77% year-over-year growth. Wall Street is equally bullish, with analysts' consensus estimates calling for revenue of $79.12 billion and adjusted EPS of $1.77, representing growth of 79% and 119%, respectively. <h2>Existing customers, increasing demand</h2>Amazon Web Services, Microsoft Azure, and Alphabet's Google Cloud -- the &#34;Big Three&#34; in cloud computing and among Nvidia's biggest customers -- have all announced plans to boost spending this year, with the vast majority earmarked to meet soaring AI demand. Furthermore, Meta Platforms has already announced plans to increase capex spending beyond its original expectations. The totals are telling:<ul> <li>Amazon -- $200 billion</li> <li>Microsoft -- $190 billion</li> <li>Alphabet -- $185 billion</li> <li>Meta -- $135 billion</li> </ul>While competition from alternative semiconductors is certainly worth watching, it hasn't stunted Nvidia's results. Therefore, as the leading provider of AI-centric processors, Nvidia is well-positioned to capture a significant share of this spending, underscoring the vast opportunity that remains.<h2>Is the stock a buy before May 20?</h2>Seasoned investors know that there's rarely a &#34;perfect&#34; time to buy a stock, and Nvidia is no exception. However, history offers a compelling answer to the question, &#34;Should I buy Nvidia stock before earnings?&#34; The answer, as with so many things, is, &#34;It depends.&#34;My colleague, Beth McKenna, has already done a deep dive into what happens with Nvidia stock the day after it reports its results, but I wanted to take a different approach. It turns out there's really good news for investors with a long-term investing time horizon.I reviewed information going back 10 years, looking at Nvidia's stock price performance three months after its quarterly financial report, and the data is compelling. Investors who bought the stock just before earnings and held for at least three months had a 78% chance of the stock price being higher, with average gains during the period of 18%. However, for investors who bought the stock and held for at least one year, the chances of a higher stock price increased to 83%, with average gains of 99%. To be clear, this included periods of significant volatility, including two occasions when Nvidia plunged more than 50%. That said, over the past 10 years, the stock has gained 20,480%, as of this writing. This underscores the benefits of buying stock in quality companies and holding for the long term. And there could be more to come.Global management consulting firm McKinsey &amp; Company estimates that infrastructure spending to support the data center build-out and AI boom will soar to $7 trillion by 2030. Despite increasing competition, Nvidia has a 92% share of the data center GPU market, according to IoT Analytics, so it will continue to benefit from this trend.While it's unlikely Nvidia will deliver similar returns over the next 10 years, I am confident it will continue to beat the market over the long term. Despite this significant opportunity, the stock is selling for less than 27 times forward earnings, a bargain basement price for an industry leader driven by significant secular tailwinds.<h2>Should you buy stock in Nvidia right now?</h2> Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $483,476!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,362,941!* Now, it’s worth noting Stock Advisor’s total average return is 998% — a market-crushing outperformance compared to 207% for the S&amp;P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of May 19, 2026. Danny Vena, CPA has positions in Alphabet, Amazon, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. </div></div>

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Nvidia is set to release its fiscal 2027 first quarter report, with expectations of $78 billion in revenue, driven by strong AI demand. Historical data shows that investors buying Nvidia stock before earnings have a 78% chance of price increases in three months and 83% in one year. Despite competition, Nvidia holds a 92% market share in data center GPUs, positioning it well for future growth amid a projected $7 trillion infrastructure spending boom by 2030.

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Should You Buy Nvidia Stock Before May 20? History Offers a Startling Conclusion.