NVIDIA Q3 FY26 Results: Strong Earnings Amid Mixed Market Sentiment

On November 23, 2025 (EST), a Reddit discussion analyzed NVIDIA’s Q3 FY26 results, highlighting mixed market sentiment. Key points include strong earnings performance alongside a stock drop, with conflicting views on short-term risks and long-term growth prospects.

NVIDIA’s stock declined to $178 post-earnings despite record results. The drop reflects investor concerns over macroeconomic factors, customer concentration, and valuation, contrasting with bullish outlooks on AI-driven long-term growth.

• Earnings Performance
  : Q3 FY26 revenue reached $57.0B (62% YoY), with net income of $31.9B. Q4 guidance is $65B ±2% revenue.
• Bearish Factors
  : Macro risks (inflation, interest rates), customer concentration (33B from 4 major customers), and perceived overvaluation.
• Bullish Factors
  : Long-term AI growth trajectory, strong profitability outlook, and analyst price targets of $220-$250 over 12 months.

Critical gaps include lack of official customer concentration data and clarity on valuation sustainability. Decision-makers should balance short-term risks with long-term AI growth potential.

• Risks
  : Customer concentration, macroeconomic headwinds, valuation concerns.
• Monitoring
  : AI adoption trends, customer retention, macroeconomic indicators, and Q4 guidance execution.

[0] Ginlix Analytical Database
[1] Reddit Discussion (2025-11-23)