​​The February 26 earnings report will be pivotal in confirming whether the bullish thesis holds. Analysts expect Q4 revenue to grow 72% year-over-year to $38.1 billion, along with EPS of $0.79. Nvidia needs to surpass these expectations markedly to reignite any sort of rally.

Nvidia is scheduled to release its newest earnings report on February 26, is now the right time to buy NVDA stock?

Perhaps no stock exemplified the past year's artificial intelligence (AI) frenzy more than Nvidia (NASDAQ: NVDA). Shares of Nvidia were up nearly 90% over the past 12 months through the end of January.