--- title: "NVIDIA's stock price fell more than 5%, with a market value evaporating by 1.77 trillion yuan overnight" type: "News" locale: "en" url: "https://longbridge.com/en/news/277124491.md" description: "NVIDIA (NVDA) stock price fell sharply by more than 5% on February 26, with a market value evaporating by over $270 billion, marking the largest single-day decline in nearly 11 months. Despite the company's financial report showing fourth-quarter revenue of $68.127 billion, a year-on-year increase of 73%, and a net profit of $42.96 billion, a year-on-year increase of 94%, as well as an expectation that future revenue will exceed market expectations, market sentiment remains sluggish, leading to profit-taking by investors" datetime: "2026-02-27T01:16:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277124491.md) - [en](https://longbridge.com/en/news/277124491.md) - [zh-HK](https://longbridge.com/zh-HK/news/277124491.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277124491.md) | [繁體中文](https://longbridge.com/zh-HK/news/277124491.md) # NVIDIA's stock price fell more than 5%, with a market value evaporating by 1.77 trillion yuan overnight On February 26 local time, the three major U.S. stock indices closed mixed, with most large technology stocks declining. NVIDIA (NVDA) saw a significant drop in its stock price, falling over 5% in a single day, resulting in a market value evaporating by more than $270 billion (approximately RMB 1.77 trillion) overnight, marking the largest single-day decline in nearly 11 months since April 16 of last year. At the close of trading that day, NVIDIA's stock price was reported at $184.89, down $10.67 from the previous trading day, a decline of 5.46%, with a turnover rate of 1.54%, a trading volume of 360 million shares, and a transaction amount of $67.5 billion, setting a new high for recent single-day trading volume, with a total market value dropping to $4.49 trillion. NVIDIA stock price performance On February 25, NVIDIA had just released its financial report for the fourth quarter and the full year of fiscal 2026. The financial report showed that the company achieved revenue of $68.127 billion in the fourth quarter, a year-on-year increase of 73% and a quarter-on-quarter increase of 20%, significantly exceeding the market consensus estimate of $65.684 billion; net profit reached $42.96 billion, a year-on-year increase of 94%, with diluted earnings per share of $1.76, a year-on-year increase of 98%, maintaining its leading profitability among global technology companies. Among them, the data center business, as the company's core growth engine, performed particularly well, achieving revenue of $62.3 billion in the fourth quarter, a year-on-year increase of 75%, mainly due to the smooth shipment of Blackwell architecture products and the continued explosive demand for global AI computing power. In addition, the company's total revenue for the year reached $215.938 billion, a year-on-year increase of 65%, with both annual net profit and earnings per share hitting historical highs. The company also expects revenue for the first quarter of fiscal 2026 to reach between $76.44 billion and $79.56 billion, exceeding the market estimate of $72.78 billion, providing performance guidance far beyond market expectations. This seemingly "better-than-expected" financial report from NVIDIA did not alleviate market concerns; instead, it became a signal for high-level funds to take profits and secure gains. J.P. Morgan analyst Harlan Sur stated that NVIDIA is clearly firing on all cylinders across its internal operations and its vast supply chain, while continuing to ramp up production of the Blackwell platform (GB200+GB300) and preparing for the upcoming ramp-up of its Vera Rubin platform (scheduled for the second half of 2026). Nevertheless, the reaction of NVIDIA's stock price indicates that investors remain unsatisfied, which we believe is related to the ongoing uncertainty regarding the growth trajectory of NVIDIA's data center business in the calendar year 2027, considering the significant capital expenditure budgets of its major customers and the significantly compressed free cash flow situation. In our view, NVIDIA is like a tightly compressed spring, becoming even tighter after this performance announcement Nevertheless, several Wall Street institutions have expressed positive views on Nvidia's long-term prospects after analyzing its financial reports. Wolfe Research has directly listed Nvidia as the most favored artificial intelligence stock for 2026 in its latest report and included it in its preferred list. The agency believes that Nvidia's recent stock price performance has actually left room for further upward momentum. The lagging stock price of Nvidia is mainly attributed to three factors: the late launch of the Blackwell architecture, doubts about the sustainability of overall AI spending, and concerns about market share potentially being eroded by customized AI solutions. 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