NvidiaNVDA

Business Snapshot

• NVIDIA Corp. (NASDAQ: NVDA) is a U.S.-listed common stock trading in USD. The payload does not provide a specific sector or industry classification.
• Current price is $218.29, with the session ranging from $164.27 to $236.54. The current price is about 7.7% below the session high and 32.9% above the session low.
• Over the available daily history, NVDA rose 21.62% from the first recorded open of $179.49 to the latest close. Over the weekly history, it rose 359.64% from $47.49 to $218.29.
• The financial data shows very strong profitability and substantial operating cash generation, while the latest quarter also shows sharply higher long-term debt and inventory.

Financial Trends

• Revenue trajectory: Revenue increased from $57.006 billion on 2025-10-26 to $81.615 billion on 2026-04-26, a $24.609 billion or 43.2% increase. It then rose to $96.221 billion on 2026-07-26, up $14.606 billion or 17.9% sequentially. The latest quarter therefore maintained strong growth, although the sequential percentage increase decelerated versus the earlier reported comparison.
• Gross profit and gross margin: Gross profit increased from $41.849 billion to $61.157 billion, then to $72.142 billion. Gross margin moved from 73.41% to 74.93%, then held nearly flat at 74.98% in the latest period. Profit growth is therefore being supported by rising revenue without a material recent gross-margin deterioration.
• Operating income and operating margin: Operating income rose from $36.010 billion to $53.536 billion, then to $63.734 billion. Operating margin improved from 63.17% to 65.60%, then to 66.24%, indicating continued operating leverage.
• Net income and net margin: Net income increased from $31.910 billion to $58.321 billion, then to $59.688 billion. However, net income grew only 2.3% sequentially from the prior reported period, versus the latest revenue increase of 17.9%. Net margin fell from 71.46% to 62.03%, a notable near-term inflection despite the improvement from 55.98% four reported periods earlier.
• EPS: Diluted EPS moved from $1.30 to $2.39, then to $2.46. The latest sequential increase was modest, consistent with the slower net-income growth.
• Cash flow and FCF: Cash from operations increased from $66.530 billion on 2025-10-26 to $74.421 billion on 2026-07-26, but it declined from $102.718 billion in the intervening 2026-01-25 period. The latest figure was $24.077 billion higher than Q2’s $50.344 billion, or approximately 47.8% sequential growth. Explicit free cash flow values were not provided, so FCF trend cannot be calculated directly.
• Investing and financing cash flow: Cash used in investing increased in absolute terms from $21.367 billion to $35.124 billion across the latest-versus-oldest comparison. Financing cash outflows were $27.459 billion in the latest period versus $42.266 billion four reported periods earlier. Cash and equivalents nevertheless rose from $11.486 billion to $22.443 billion.
• Balance-sheet expansion: Total assets increased from $161.148 billion to $320.272 billion, a gain of $159.124 billion or 98.7% over the four reported periods. Shareholders’ equity rose from $118.897 billion to $228.984 billion, up $110.087 billion or 92.6%.
• Debt and inventory: Long-term debt increased from $7.468 billion to $32.366 billion, a $24.898 billion increase. The latest quarter alone rose from $7.470 billion to $32.366 billion, or approximately $24.896 billion sequentially. Inventory rose from $19.784 billion to $31.575 billion, increasing $5.778 billion sequentially from $25.797 billion.
• Liquidity: The current ratio declined from 4.47 to 3.44 by 2026-04-26, then recovered to 4.59 in the latest period. Working capital increased from $90.417 billion to $154.393 billion, including a $47.282 billion sequential increase from Q2.

Financial Health

• The latest period shows a highly profitable business with 74.98% gross margin, 66.24% operating margin, and $74.421 billion of operating cash flow.
• Liquidity is strong: current assets of $197.412 billion versus current liabilities of $43.019 billion produce a 4.59 current ratio, the highest of the four reported periods.
• The key deterioration is leverage. Debt/equity increased from 0.06 four reported periods ago and 0.04 in the prior quarter to 0.14 latest. This remains moderate on the provided figures, but the direction is clearly higher.
• Inventory growth is another item to monitor. Inventory has risen every period, from $19.784 billion to $21.403 billion, $25.797 billion, and $31.575 billion. That expansion may reflect growth investment, but the payload does not provide inventory-turnover or demand data to determine whether it is becoming a risk.
• Net margin’s decline from 71.46% to 62.03% sequentially is the main profitability warning, even though gross and operating margins improved. The difference suggests pressure below operating income or a change in non-operating items, but the provided data does not identify the cause.
• No explicit FCF values were supplied. Operating cash flow is strong, but cash used in investing is also substantial, so free-cash-flow quality cannot be quantified from the payload alone.

Insider Activity

• Insider sentiment for 2026-06-15 through 2026-09-13 is Neutral (-10), but the transaction mix is materially sell-heavy: $653.017 million of reported sales, $0 of reported purchases, across 20 sells and 6 transactions classified as buys.
• The largest disclosed activity came from Mark A. Stevens, including approximately $45.2 million to $55.0 million sales on September 3–4 and multiple sales between approximately $66.0 million and $98.5 million from August 31 through September 2.
• Timothy S. Teter also reported several sales totaling approximately $6.5 million across August 31.
• Some Form 4 entries show $0 transaction value, including a 500,000-share common-stock entry for Tench Coxe and a 172,507-share entry classified as a buy for Nicholas P. Parker. These zero-dollar records should not be interpreted as open-market purchases or sales without additional transaction-code detail.
• The aggregate data is a cautionary near-term sentiment signal because reported selling is large and there are no reported dollar-value buys. Insider transactions alone do not establish a directional forecast.

Multi-Timeframe Technical Context

• Ultra-short horizon — minutes: Intraday volatility is exceptionally wide in the supplied session, with a $72.27 high-to-low range. The latest price at $218.29 is well below the $236.54 high, so immediate trading conditions are risk-sensitive and prone to sharp reversals. No intraday candle or indicator series was provided, limiting a more precise minute-level setup.
• Short horizon — hours to days: Daily RSI-14 is 52.4 and RSI-21 is 46.64, indicating neither overbought nor deeply oversold conditions. Daily MACD is 2.5719, below its 3.1035 signal line, a modest bearish momentum configuration. Price is below the 12-day EMA at $221.33, slightly below the 26-day EMA at $218.75, and below the 20-day SMA at $220.16, but remains above the 50-day SMA at $212.58.
• Daily Bollinger positioning is mixed: price is below the middle band at $220.16 but above the lower band at $207.94, leaving room for either a rebound toward the middle/upper band or a test of lower support.
• Daily volume of 89.1 million is below the 20-day average of 127.7 million, suggesting the latest move lacks unusually strong participation based on the supplied data.
• Longer horizon — weeks to months: Weekly momentum remains constructive. Weekly RSI-14 is 55.36 and RSI-21 is 54.45, both neutral-to-positive. Weekly MACD of 8.0541 is above its 7.3041 signal line, while price is above the weekly 12-day EMA of $214.76, 26-day EMA of $206.71, 50-day EMA of $194.43, and 20-week SMA of $211.26.
• Weekly Bollinger structure is also positive but not extended at the latest close: price is above the middle band of $211.26 and below the upper band of $232.34. Weekly volume of 400.7 million is below its 20-period average of 697.0 million, indicating comparatively light participation.
• Overall, the technical picture is short-term neutral to slightly soft within a broader weekly uptrend.

Bull / Bear Cases

• Short-term bull case: Holding above the daily 50-day SMA at $212.58 and the weekly middle band at $211.26 could preserve the broader trend. A move back above $220.16–$221.33 would improve the near-term technical posture, while a break toward the upper-band area near $232.34–$232.39 would signal renewed momentum.
• Short-term bear case: The daily MACD configuration is negative, price is below several short-term averages, and the session experienced a very wide range. A decisive loss of the $212.58–$207.94 area would weaken the setup and could indicate a deeper pullback. Large reported insider selling adds a sentiment headwind.
• Long-term bull case: Revenue, gross profit, operating income, and equity have all expanded substantially across the reported periods. Gross margin has remained near 75%, operating margin improved to 66.24%, operating cash flow reached $74.421 billion, and liquidity improved to a 4.59 current ratio. Weekly price remains above all listed major weekly moving averages, supporting the continuation case if earnings and cash generation remain durable.
• Long-term bear case: The latest net margin dropped from 71.46% to 62.03%, net-income growth lagged revenue growth sequentially, long-term debt jumped by approximately $24.9 billion, and inventory has risen every reported period. The absence of explicit FCF data makes it harder to assess how much of the operating cash flow remains after investment spending. Sustained margin compression, inventory buildup, or continued leverage expansion would challenge the long-term thesis.

Key Levels & Triggers

• Immediate pivot: Approximately $218.75–$220.16, corresponding to the daily 26-day EMA and 20-day SMA. Reclaiming and holding this zone would improve short-term momentum; rejection would keep the setup mixed.
• Near-term resistance: $221.33 at the daily 12-day EMA, followed by the upper Bollinger area around $232.34–$232.39 and the session high of $236.54.
• Near-term support: $212.58 at the daily 50-day SMA and $211.26 at the weekly middle band. A sustained move below this cluster would weaken the multi-week structure.
• Secondary support: $207.94, the daily lower Bollinger band, followed by the weekly 26-day EMA at $206.71.
• Momentum triggers: Daily MACD turning back above its signal line and RSI moving sustainably above 50 would support a short-term recovery. Weekly MACD remains positive, so a weekly close below the $211–$207 region would be more consequential for the longer-horizon trend.
• Fundamental triggers to monitor: future revenue growth, whether gross and operating margins remain near current levels, the direction of net margin, inventory growth, long-term debt, and explicit free cash flow. These are especially important because the latest quarter combines strong operating performance with higher leverage, higher inventory, and a sequential decline in net margin.