Prediction: This Is Where Nvidia Stock Will Be When September Ends
Nvidia stock popped following its latest quarterly report, setting it up for a solid September.
Overview
Nvidia (NASDAQ: NVDA) stock has underperformed the broader semiconductor sector index so far in 2026, gaining just 16% as of this writing, compared to the 62% spike in the PHLX Semiconductor Sector index.
However, shares of the semiconductor bellwether received a nice shot in the arm following the release of its fiscal 2027 second-quarter results (for the quarter ended July 26) on Aug. 26. Nvidia stock jumped nearly 9% the following day, driven by its better-than-expected results and impressive guidance.
Details
I won't be surprised to see Nvidia sustaining its post-earnings momentum in September and head higher. Let's see where this semiconductor stock could be by the end of next month.
Source
Originally published at www.fool.com.