Why Nvidia (NVDA) is a Top Momentum Stock for the Long-Term

Nvidia (NVDA) is highlighted as a top momentum stock, currently holding a Zacks #3 (Hold) rank with a B VGM Score and B Momentum Style Score. The company's shares have gained 10.8% over the past four weeks, supported by two recent upward revisions to fiscal 2026 earnings estimates, increasing the Zacks Consensus Estimate to $4.26 per share, and an average earnings surprise of +3.9%. These indicators suggest NVDA's strong momentum and positive analyst outlook warrant investor consideration.

Analysis

NVIDIA (NVDA) is presenting strong momentum signals, evidenced by a 10.8% share price increase over the past four weeks. This performance is supported by positive, albeit minor, revisions to its forward earnings outlook. Specifically, two analysts have revised fiscal 2026 earnings estimates upward in the last 60 days, raising the Zacks Consensus Estimate by $0.01 to $4.26 per share. Furthermore, the company has a track record of outperformance, boasting an average positive earnings surprise of 3.9%. Despite these bullish momentum indicators and a favorable 'B' grade for both its Momentum and overall VGM Style Scores, the stock holds a neutral Zacks Rank of #3 (Hold). This suggests that while near-term price action and sentiment are positive, the magnitude of recent earnings estimate revisions may not yet be sufficient to trigger a top-tier buy rating from this particular system, even with the company's strong strategic positioning in AI, HPC, and gaming.

Key Decisions for Investors

• Momentum-focused investors should note the stock's 10.8% gain over the last four weeks and its 'B' Momentum Score as factors supporting the current upward price trend.
• Investors should weigh the positive momentum against the neutral Zacks #3 (Hold) rating, which indicates that from a fundamental earnings revision perspective, the stock may be fairly valued at present.
• Given the history of positive earnings surprises and recent upward estimate revisions, upcoming earnings reports should be monitored closely as a potential catalyst for a rating change and confirmation of sustained growth.