New York, May 11, 2026, 11:17 EDT
- Nvidia shares climbed to a new record on Monday, sparking fresh chatter among retail investors about the possibility of another stock split.
- No fresh split plans from the company—its most recent was that 10-for-1 back in June 2024.
- Attention shifts to May 20 earnings; split mechanics have faded from the spotlight as the next catalyst.
Nvidia hit fresh record highs on Monday, reigniting chatter about a possible stock split—despite no official word from the company. NVDA was changing hands at $221.23 late in the New York morning session, up 2.8%. The stock earlier reached as high as $222.10, pushing Nvidia’s market cap to roughly $5.42 trillion.
This is notable because Nvidia shares have already blown past the prices referenced in the latest round of split chatter. Next up for the company: its first-quarter fiscal 2027 earnings, set for May 20. Nvidia’s own investor page pegs the call at 2 p.m. Pacific. NVIDIA Investor Relations
A stock split bumps up the share count and cuts down the price per share, though the company’s overall value and each investor’s stake stay the same. Nvidia went for a 10-for-1 split, announced in May 2024, saying it wanted to make buying its shares easier for both employees and investors. NVIDIA Newsroom
According to a filing, the split took effect after Nvidia filed a certificate amendment in Delaware on June 7, 2024. Trading on a split-adjusted basis is slated for June 10. The company also boosted its authorized common stock, jumping from 8 billion up to 80 billion shares. SEC
Talk heated up again after Watcher Guru said Monday there’s no fresh Nvidia split in the works, with shares hovering close to earlier peaks. According to the piece, a near-term split looks off the table—Nvidia’s last two, in 2021 and 2024, only came after the stock price climbed much higher before those splits kicked in. Watcher Guru
There’s precedent here. Nvidia’s stock has undergone six splits since 2000, most recently a 4-for-1 in 2021 and a 10-for-1 in 2024. A single share from before 2000 would today be worth 480 shares, per stock-split history data. Investing
Earnings are front and center right now. Goldman Sachs analyst James Schneider, keeping his Buy rating and $250 price target on Nvidia, pointed out the stock “has lagged peers” and is trading at a “meaningful discount relative to history,” according to Investing.com. Investing
The story isn’t all about Nvidia. As Barron’s pointed out Monday, Nvidia’s 2026 advance actually lagged behind bigger jumps in Intel and AMD, both lifted by solid demand for CPUs handling AI inference—basically, the phase where AI models get put to work after training. Barron’s
Alphabet shows up in the mix, but it’s coming at things differently. Last week, Reuters noted that Google’s parent is narrowing the gap on Nvidia’s market cap, thanks in part to a boost in cloud business and demand for its AI chips—used by clients like Anthropic. Reuters
But just talking about a split might not cut it for the stock. Schneider’s team, as cited by TheStreet, flagged several downside risks: slowdown in AI infrastructure spending, intensifying competition eroding market share, margin compression, and ongoing supply constraints. TheStreet
Nvidia’s February numbers set the bar. The company logged fiscal 2026 revenue of $215.9 billion, a jump of 65%. For the first quarter of fiscal 2027, Nvidia forecast $78 billion in revenue, give or take 2%. That estimate, the company noted, assumes zero data-center compute revenue from China. NVIDIA Newsroom
Here’s what’s plain: NVDA’s hitting all-time highs, and talk of a split keeps circulating—though the company hasn’t brought any fresh split proposal to the table. The real check arrives May 20, when results and outlook will reveal if earnings justify the stock’s surge.
