Nvidia's Stock Value Skyrocketed by Over $200 Billion in a Day after Posting Better-than-Expected Q1 Results

May 26, 2:44 pm

Ever since revealing how much it expects to profit from the rise of artificial intelligence in 2023, Nvidia has been at the frontline of the AI-fueled stock market rally, pushing the S&P 500 to historic highs. The AI giant continued its impressive performance in 2024, adding hundreds of billions of dollars to its stock value after each earnings release, and Q1 FY 2025 results were no exception.

According to data presented by AltIndex.com, after posting better-than-expected Q1 results published last week, Nvidia's stock value soared by more than $200 billion in just one day.

The AI Giant Added Almost Half a Trillion Dollars to its Stock Value After Posting the Last Two Financial Results

Over the past year, Nvidia's earnings releases have been considered a make-or-break moment for the AI market momentum, and so far, the company has always delivered.

Thanks to better-than-expected financial results throughout last year, the stock price of the AI giant, whose data center GPUs are widely used to process advanced AI tasks, has more than tripled in 2023, jumping from roughly $145 to almost $500. The triple-digit stock price growth has helped Nvidia to add more than $800 billion to its stock value and become the third-largest tech company globally, ahead of Amazon, Alphabet, and Meta Platforms and right behind the industry's giants Microsoft and Apple.

However, after posting better-than-expected results for the last two quarters and adding hundreds of billions of dollars to its stock value in a matter of days, the chipmaker could set a new record in 2024.

Last week, the company reported results for the first quarter of its fiscal year 2025 that not only met its bullish outlook from three months ago but outperformed it. In the three months ending April 28, Nvidia's revenue jumped by 262% and hit $26 billion, up from its outlook of $24 billion. The company's net income amounted to $14.9 billion, or 645% more than in the same period of FY 2024. Even more importantly, the company's outlook for the ongoing quarter promises more of the same.

The impressive revenue and net income figures have caused Nvidia's stock value to skyrocket. Just a day after posting its latest earnings report, the AI giant added $217 billion to its stock value, rising from $2.33 trillion on May 22 to $2.55 trillion on May 23.

Although $217 billion is quite impressive, Nvidia saw even bigger one-day stock value growth in February when it posted Q4 2024 results. Between February 21 and 22, the company's market cap soared by a whopping $276 billion, the highest one-day increase it has ever seen. Statistics show the US chipmaker added almost half a trillion dollars to its stock value in just two days after releasing the last two earnings reports.

Nvidia Added $1.4 Trillion to its Stock Value Year-to-Date, 70% more than in the Entire 2023

Nvidia's 2024 stock price rally has helped the company add almost $1.4 trillion to its stock value year-to-date, or 70% more than last year. In the twelve months of 2023, the company's market cap jumped by $816 billion.

Thanks to its impressive performance, Nvidia's year-to-date stock return stands at 121%. However, its five-year figures are even more amazing. Statistics show Nvidia's five-year investment return hit a whopping 2,834%, eight times more than Apple's, 11 times more than Microsoft's, and 28 times more than Amazon's.

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