Prediction markets see Nvidia stock struggling to regain April highs by May 2026 amid mixed outlook.

Prediction market traders are bearish on Nvidia stock heading into May 2026, with contracts suggesting the semiconductor company is unlikely to return to the high price levels seen in April. Nvidia shares have pulled back from above $212 to stabilize near $190, with a 71% chance of closing above $192 by the end of May. Investors await Nvidia's fiscal Q1 2027 earnings on May 20, looking for revenue growth exceeding 80% to spark a new rally. While AI spending by major tech firms supports bullish sentiment, risks from U.S. export restrictions and rising competition could limit Nvidia's near-term momentum.