Nvidia stock $200 magnet is calling as NVDA enters most lucrative phase

Core Insights - Nvidia is entering a historically strong period, with the potential to reach the $200 mark soon, currently trading around $186 [1] - Over the past 19 years, Nvidia shares have averaged an 8.1% gain with a 71% win rate during this favorable period, particularly showing strong rallies in the fourth and fifth weeks [3] Financial Performance - In Q2 2026, Nvidia reported $46.7 billion in revenue, a 56% year-over-year increase, driven by a 61% surge in data center sales due to AI demand [4] - For Q3, Nvidia expects $54 billion in revenue, reflecting a 54% year-over-year increase, indicating a slight deceleration in growth [4] Market Position - Despite concerns about a potential slowdown in AI infrastructure spending, data center investments remain strong, with major cloud providers like Microsoft, Amazon, and Meta increasing capital expenditures [5] - Nvidia holds a 92% share of the GPU market, positioning the company well for continued growth [5] Earnings Expectations - Investors are closely watching Nvidia's Q3 earnings report scheduled for November 19, with Wall Street expecting $54.66 billion in revenue and $1.24 in adjusted EPS, figures that analysts believe Nvidia is likely to exceed [6] - Most Wall Street analysts anticipate Nvidia's share price will rally over the next 12 months, with an average consensus target of at least $220 [6]