How to invest NVIDIA Stock in Canada [2025]

Key Takeaways

• NVIDIA leads in AI and GPU tech, with Q2 2026 revenue at $46.74B and net profit up 59.18% Y/Y.

• Stock trades at $202.89 with a $4.92T market cap and a P/E ratio of 57.69 as of November 3, 2025.

• Analysts rate it a "Strong Buy" with a price target range of $185 to $320.

• Recent 10-for-1 stock split (June 10, 2024) improves accessibility for retail investors.

• Ideal for TFSA or RRSP, though RRSP avoids 15% U.S. dividend withholding tax.

NVIDIA (NVDA) is a global leader in accelerated computing, best known for its cutting-edge graphics processing units (GPUs) and data center solutions that power everything from gaming and AI to autonomous vehicles and enterprise applications. Its core revenue driver is the Compute & Networking segment, contributing over 88% of sales, thanks to surging demand for AI infrastructure and technologies like the Blackwell and Hopper platforms. Leveraging one of the highest gross margins in tech at 72.4% in Q2 2026, and a projected AI infrastructure market expected to reach $3–4 trillion by decade’s end, NVIDIA remains firmly positioned for sustained growth.

Source: moomoo, data as of 25-11-03

Is NVIDIA stock overvalued or undervalued?

As Canadian investors evaluate whether to buy NVIDIA stock, valuation becomes a key consideration given the current pace of growth in the AI and semiconductor sectors. NVIDIA has maintained its leadership in high-performance GPUs and data center technologies, positioning itself squarely at the core of explosive demand for AI infrastructure globally. The company's monumental earnings growth and consistently strong margins have propelled its market capitalization into the multi-trillion dollar range, raising natural questions about whether the current stock price reflects future potential or overheated optimism.

The rapid rise in the NVIDIA stock price over the past year reflects more than just investor enthusiasm. It is backed by soaring revenue, scalable business units in gaming and automotive AI, and exceptional EPS growth across consecutive quarters. However, the relatively high P/E ratio compared to industry peers may impede more traditional valuation benchmarks.

To better understand how the current NVIDIA stock price aligns with its fundamentals, it’s important to examine a few core metrics that are widely used for equity analysis.

Key financial metrics for NVIDIA

Source: moomoo, data as of 25-11-03

NVIDIA stock price forecast

Looking ahead, the NVIDIA price trajectory remains closely tied to developments in AI, data center expansion, and enterprise GPU adoption. According to 41 analysts tracked on moomoo, the average target for NVIDIA stock price stands at $234.81, with forecasts ranging from a low of $185 to a bullish high of $320. This wide range underlines differences in assumptions about market penetration and product cycle timing across forward-looking models.

Adding weight to the bullish case, analysts have issued a consensus "Strong Buy" rating, supported by NVIDIA’s ambitious growth outlook—including an anticipated Q3 2026 revenue of $54.7 billion. However, Canadian investors should remain mindful of geopolitical and regulatory risks, especially those affecting international chip exports, which could pressure margins or limit addressable markets.

Whether you're tracking the NVIDIA stock price for investment potential or comparing valuations across AI peers, consistent guidance and performance strength make NVIDIA a pivotal name to monitor through platforms like moomoo.

NVIDIA earnings 2026Q2 analysis

Source: NVIDIA Investor Relations, data as of 2025-08-28

The latest NVIDIA earnings for Q2 of fiscal 2026 blew past expectations again, with revenue surging to $46.74 billion, showing a year-over-year growth of 55.60%. This performance was driven by increasing demand for AI-accelerated data centers and newly deployed platforms like GB300 and Blackwell Ultra. Net profit hit $26.42 billion, marking a 59.18% jump compared to the same quarter last year, while operating profit reached $28.44 billion, up 52.56% Y/Y. These numbers are not just impressive—they're like watching a startup hit unicorn status overnight, only this is a $4.5 trillion tech titan raising the bar even further. Investors tracking the NVIDIA earnings date should note that this latest report came on August 28, 2025.

During the NVIDIA earnings call for Q2 2026, management highlighted strong momentum across all verticals, particularly in data centers, professional visualization, and automotive applications. CEO Jensen Huang confirmed the ramp-up of GB300 shipments and announced that the company expects Q3 revenue to climb to approximately $54 billion. Gross margins maintained stability at 72.4%, reflecting efficient cost control despite higher compute demands. The earnings call also addressed opportunities in AI infrastructure scaling, backed by a projected global spend of $3 to $4 trillion by 2030. Much like laying train tracks before a high-speed rail expansion, NVIDIA is investing in capacity to capitalize on exponential AI demand. The call underscored geopolitical and export control risks as constraints, but also reinforced NVIDIA’s strategic pivot with domestic-compliant solutions in key markets. Anyone interested in the long-term potential of NVIDIA stock should closely follow upcoming earnings dates and earnings calls for deeper insights.

NVIDIA stock split analysis

NVIDIA stock has experienced multiple stock splits over the years, often reflecting investor demand and rising share prices. The most recent NVIDIA stock split took place on June 10, 2024, with a 10-for-1 ratio, significantly reducing the share price while expanding accessibility for retail investors — a strategic move especially relevant for Canadian buyers assessing affordability through platforms that support U.S. listings. Prior to that, a 4-for-1 split was executed in 2021. Each NVIDIA stock split has acted as a bullish signal, drawing renewed investor interest without altering the underlying company value. Those analyzing NVIDIA stock split history from a Canadian investing perspective should also consider tax implications and how such splits affect adjusted cost base.

Source: Moomoo, data as of 25-11-03

NVIDIA dividends analysis

When evaluating NVIDIA stock for long-term wealth building or income generation in Canada, one important aspect to consider is its dividend policy. NVIDIA (NASDAQ: NVDA) maintains a consistent, albeit minimal, dividend payout strategy despite extraordinary growth and profitability driven by AI, data centers, and gaming sectors. For Canadian investors interested in the NVIDIA dividend, it is crucial to understand the role of these modest quarterly payouts amid its broader capital return program that also includes aggressive stock buybacks.

Though NVIDIA is not known as a high-dividend-yielding stock, its payout remains symbolic of financial discipline and shareholder value alignment. Investors focused on generating regular dividend income might find NVIDIA's low dividend amount underwhelming, but they may still benefit indirectly from value appreciation thanks to strong earnings momentum and market leadership. In a diversified portfolio, especially one focused on growth-tech stocks with some income foundation, NVIDIA’s dividends—paired with its consistent capital appreciation—could offer a balanced investment potential.

Dividend summary of NVIDIA

Source: NVIDIA Dividend Data, data as of 2025-11-03

Can I Invest NVIDIA stock with a TFSA or RRSP?

Canadian investors looking to gain exposure to leading semiconductor companies like NVIDIA (NVDA) can generally buy U.S. stocks in a TFSA or RRSP, with some key differences. While buying U.S. stocks in a TFSA is permitted, dividend income from U.S. companies like NVIDIA is subject to a 15% withholding tax due to Canada-U.S. tax treaties, potentially diminishing returns in tax-free accounts. In contrast, RRSPs are exempt from this withholding tax on U.S. dividends, making it more tax-efficient to buy stocks with RRSP when investing in U.S.-listed equities such as NVIDIA. Always confirm eligibility and account rules with your brokerage when adding U.S. listings to your registered accounts.

How to invest NVIDIA stock in Canada?

NVIDIA (NVDA) stock has attracted strong interest from Canadian investors thanks to its leadership in AI computing and data center hardware. If you're new to investing and living in Canada, here’s a simple, actionable guide to help you invest in NVIDIA stock while making the most of your time and budget.

Step 1: Pick a stock trading platform

Choosing the right online broker is crucial before buying US-listed stocks like NVIDIA. Key considerations should include:

• Access to US markets: Ensure the platform allows trading on NASDAQ, where NVIDIA is listed.

• Foreign exchange handling: Look for platforms with competitive USD conversion rates or the ability to hold USD balances.

• Fees: Review trading commissions and inactivity fees if you don't plan to trade frequently.

• User experience: Given your tight work schedule, a clean interface and mobile app for quick trades are essential.

• Research tools: Choose a broker that provides access to news, analyst ratings, and financial metrics of NVIDIA stock.

Step 2: Choose the right account type and open an account

Canadian investors can invest in NVIDIA stock using one of the following brokerage accounts:

• Tax-Free Savings Account (TFSA): Profits earned on US stocks like NVDA are tax-free in Canada, but a 15% withholding tax applies to US dividends.

• Registered Retirement Savings Plan (RRSP/SRRSP): US dividends are tax-sheltered and can grow tax-deferred, offering a tax-efficient option for holding dividend-paying stocks like NVIDIA.

• Margin Account: Allows you to borrow funds to invest more, but it introduces leverage and more risk. Suitable for experienced investors.

• Cash Account: Fund and trade with only your own money. Ideal for beginners who want to avoid debt exposure.

To open a brokerage account in Canada, you'll typically need government-issued photo ID, your SIN (Social Insurance Number), proof of address (utility bill or bank statement), and employment details for regulatory compliance.

Step 3: Fund your account

Most Canadian brokers offer funding via Interac e-Transfer, wire transfer, direct deposit from your bank account, or bill payment. Make sure to factor in any currency exchange fees when converting CAD to USD for US stocks like NVIDIA.

Step 4: Research NVIDIA's fundamentals

Before investing in NVIDIA stock, review its key metrics. As of October 31, 2025, NVIDIA’s market cap is approximately $4.92 trillion, with a trailing P/E ratio of around 57.7 and forward growth tied closely to AI and data center sectors. Analyst consensus is a Strong Buy, with a price target range between $185 and $320. Key revenue drivers include its GPU segment, significant demand for AI hardware, and data center growth forecasts projecting FY2026 revenue of $206.79 billion.

Step 5: Set a budget for your NVIDIA stock purchase

To avoid overexposure to a single stock, determine how much of your overall portfolio should be allocated to a high-growth US tech company like NVIDIA. Consider these tips:

• Allocate based on your financial plan: Don’t exceed a set percentage of your portfolio for a single stock, no matter how strong the fundamentals are.

• Build an emergency fund first: Ensure you have financial reserves for income disruptions before investing in equities.

• Buy fractional shares: If your budget doesn’t allow for a full share (currently trading above $200 USD), look for platforms that offer fractional investing.

Step 6: Place your NVIDIA's order

Once funded and ready, choose your order type (market or limit). A market order buys at the next available price, while a limit order lets you specify a maximum price you’re willing to pay. Consider setting a limit order if NVIDIA stock is experiencing volatility.

Step 7: Monitor and manage your investment

Track performance through stock apps or alerts, especially around key NVIDIA earnings dates (e.g., Nov 19, 2025). Keep an eye on market trends in AI, semiconductor demand, and geopolitical developments affecting US tech exports. Update your investing strategy as needed to align with your financial goals.

Alternative ways to invest in NVIDIA?

For Canadian investors seeking exposure to NVIDIA but looking for alternatives to directly purchasing its U.S.-listed shares, there are several strategies that allow portfolio diversification, liquidity, or hedging benefits. These include ETFs with NVIDIA exposure, options trading, and exploring comparable companies within the same sector.

NVIDIA ETFs

Investing in exchange-traded funds (ETFs) can offer Canadian investors a more diversified way to access NVIDIA’s growth, without the company-specific volatility associated with holding individual stocks. ETFs often provide built-in diversification, lower transaction costs, and easier currency management when trades are made in Canadian dollars.

• iShares U.S. Tech Sector ETF (XIT.TO): While focused on U.S. technology firms, this TSX-listed ETF may contain exposure to major semiconductor firms, though NVIDIA's weight may be limited compared with more targeted funds.

• Horizons NASDAQ-100 Index ETF (HXQ.TO): Provides exposure to the NASDAQ-100 index where NVIDIA is a major component. It is traded in Canadian dollars and tracks total returns without using a currency hedge.

• Global X Robotics & Artificial Intelligence ETF (BOTZ): A U.S.-listed ETF that holds companies involved in AI and robotics, including NVIDIA. Available to Canadians through most brokerages that permit U.S. ETF trading.

• ARK Next Generation Internet ETF (ARKW): Includes high-growth tech stocks with AI exposure. While thematic in focus, NVIDIA often appears among its top holdings.

NVIDIA options

For more advanced investors in Canada, options trading can offer leveraged exposure to NVIDIA (NVDA). Through listed U.S. options markets, investors can explore strategies such as call buying for bullish bets, or protective puts to limit downside risk. While options can magnify returns, they also carry significant risks and may not suit all investor profiles. It’s important to understand implied volatility, break-even points, and expiry impacts before proceeding.

Stocks similar to NVIDIA

If you’re interested in companies with similar growth drivers or operating in related sectors like semiconductors or artificial intelligence, here are a few alternatives actively traded in North American markets:

• Advanced Micro Devices (AMD.US): A key competitor in the GPU and data center processor space, AMD continues to push aggressively into AI and high-performance computing segments.

• Broadcom Inc. (AVGO.US): A diversified semiconductor company with exposure to connectivity chips, networking, and infrastructure hardware often used alongside NVIDIA’s GPUs.

• Taiwan Semiconductor Manufacturing Company (TSM.US): As NVIDIA’s key foundry partner, TSMC manufactures the advanced chips that power much of the AI sector’s leading hardware.

• Intel Corporation (INTC.US): Although facing challenges in GPU development, Intel remains a major player in data centers, CPUs, and autonomous driving technologies.

• Arm Holdings (ARM.US): Specializes in chip architecture for mobile and AI systems. Recently returned to public markets with a focus on edge computing and AI acceleration.

Is it a good time to invest NVIDIA stock?

As of October 31, 2025, NVIDIA (NASDAQ: NVDA) is trading at USD $204.42, marking a strong rebound after a temporary dip earlier in the month. The stock has surged over 56% year-to-date and reached a 52-week high of $212.19 on October 29, 2025.

NVIDIA has reported robust financials in its Q2 2026 earnings, with revenue hitting $46.74 billion—up 55.6% year-over-year—and net income rising 59.18% to $26.42 billion. Its primary growth engine remains its data center division, accounting for over 88% of revenue, driven by booming demand for AI infrastructure. Analyst forecasts for Q3 2026 project revenues of $54.7 billion and an EPS of $1.194, suggesting continued momentum.

However, valuation remains elevated with a trailing P/E of 57.69 and a forward P/E of 35.11. Investors in Canada should also consider currency exchange impacts and any potential U.S-China trade risks, as NVIDIA has exposure in those regions. Liquidity remains healthy, with a current ratio of 4.21 and a market cap nearing $4.92 trillion USD.

While macroeconomic volatility and export controls present uncertainty, especially for tech stocks, institutional confidence appears high—over 67% of shares are held by institutions as of July 2025. Canadian investors may wish to monitor upcoming earnings on November 19, 2025, before making further allocation decisions.

Source: Moomoo, data as of 2025-10-31