NVIDIA Corporation (NVDA)
NVIDIA options show expected $200bn share swing after results
NVIDIA Corp (NASDAQ:NVDA, ETR:NVD)'s first-quarter results are expected to spark a US$200 billion swing in the chipmaker's market capitalisation. Data from analytics firm Trade Alert indicates options traders are anticipating an 8.7% swing in NVIDIA's share price following the results on Wednesday.
AI Boom, Improving Supply Will Drive Nvidia's Q1 Results
Nvidia (NASDAQ: NVDA) is expected to publish its Q1 FY'25 results on May 22. We expect the company to have another upbeat quarter, as tech companies and developers continue to invest heavily in building and deploying generative AI into their apps.
Nvidia Stock Close to Record. Earnings Need to Top This to Sustain Rally.
The stock needs to close above $950.02 to beat the record closing high it reached in late March.
Here's Why Nvidia Stock Could Sustain Its Stunning Bull Run After May 22
Nvidia is expected to make the most of its terrific pricing power in AI chips when it launches its next-generation processors later this year. The company's data center revenue is forecasted to grow exponentially because of its robust market share.
Should You Follow Billionaire Stanley Druckenmiller and Sell Nvidia Stock Before Thursday?
Nvidia looks likely to report strong results in its first-quarter earnings report on Wednesday. Billionaire Stanley Druckenmiller dumped most of his Nvidia shares at the end of March.
Nvidia earnings could spark $200 billion swing in shares, options show
Traders are pricing in a big move for Nvidia's shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show.
Dell and Nvidia (NASDAQ:NVDA) to Integrate Blackwell GPUs into Dell’s Servers
Tech company Dell Technologies (NYSE:DELL) is teaming up with chip maker Nvidia (NASDAQ:NVDA) to integrate Nvidia’s latest Blackwell GPUs into Dell’s servers. The new PowerEdge XE9680L server will feature eight
NVIDIA Q1 Earnings Preview: Analysts Anticipate Strong Results, Top AI Stock — 'Best Secular Idea In All Of Technology'
Semiconductor giant NVIDIA Corporation NVDA will report first-quarter financial results after market close Wednesday. Here are the earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect Nvidia to report first-quarter revenue of $24.60 billion, according to data from Benzinga Pro. The company reported first-quarter revenue of $7.19 billion in the previous fiscal year. Nvidia has beaten analysts' revenue estimates in six straight quarters and nine of the last 10 quarters. Analysts expect Nvidia to report earnings per share of $5.58 in the first quarter, compared to earnings per share of $1.09 in last year's first quarter. The company has beaten analysts' earnings per share estimates in five straight quarters and eight of the last 10 quarters. Guidance from Nvidia calls for first quarter revenue to be $24.0 billion, plus or minus 2%. Related Link: Nvidia Is Still ‘Stepping On The AI Accelerator’: 7 Analysts Size Up Q4 Results, Supply And Demand Dynamics What Analysts Are Saying: While Nvidia is likely to report strong year-over-year growth, analysts see potential volatility ahead of the Blackwell transition. Bank of America analyst Vivek Arya, who has a Buy rating and $1,100 price target, expects a beat and raise from Nvidia despite the volatility. The analyst said expectations for Nvidia are $26 billion based on speaking with investors ahead of the quarterly report. "Even if NVDA were to potentially deliver on these bullish expectations, the stock could still react unfavorably," Arya said. The analyst said slowing demand, lower quarter-over-quarter growth and pricing pressure could be factors that bears are watching. "On the other hand a favorable scenario could be perhaps NVDA reporting only modest FQ1 beat, but then guiding FQ2 up 10%+, while retaining favorable 76-77% GM (gross margins) as Blackwell ramp comes later in the year while Hopper cost structure remains favorable." Stifel analyst Ruben Roy is expecting another strong quarter and outlook from Nvidia. The analyst, who has a Buy rating, raised the price target from $910 to $1,085. "Once again, a beat/raise is widely anticipated with investor focus likely to remain on medium-term sustainability of accelerating AI infrastructure investment," Roy said. The analyst said supply chain checks indicate robust demand for existing Nvidia products ahead of the Blackwell launch. "NVDA remains our top pick relative to the AI infrastructure investment theme." The analyst said strength in the Data Center segment will drive "significant year-over-year growth" in coming quarters, leading to estimate increases. "The scaling of recent large-scale models coupled with NVDA's Blackwell ramp in 2025 suggests to us that we are likely to see meaningful growth well into next year." The analyst estimates Nvidia’s total addressable market to reach $100 billion by 2025, potentially growing to $1 trillion in the future. A beat and raise from Nvidia is also anticipated by Rosenblatt analyst Hans Mosesmann. The analyst, who has a Buy rating and $1,400 price target, said the beat and raise might be lower than the previous quarter due to supply shortages. "We do not subscribe to the air-pocket theory in the Hopper to Blackwell transition for the July quarter guide as the transition to B100 is scheduled for later in 2024," Mosesmann said. The analyst said Nvidia could maintain or increase its market share due to its platform and software stack. "We also anticipate that Blackwell will be completely sold out, at least for a year." Mosesmann said shares of Nvidia could be volatile ahead of and after the first-quarter earnings report. "We expect volatility into this week's print but are nonetheless positively biased on a story that is increasingly resonating with the best secular idea in all of technology." Here are other analyst ratings and price targets for Nvidia in the month of May. Barclays: Overweight rating, raised price target from $850 to $1,100 Susquehanna: Positive rating, raised price target from $910 to $1,085 Baird: Outperform rating, raised price target from $1,050 to $1,200 Oppenheimer: Outperform rating, $1,100 price target Wedbush: Outperform rating, $1,000 price target Wells Fargo: Overweight rating, raised price target from $970 to $1,150 Jefferies: Buy rating, raised price target from $780 to $1,200 HSBC: Buy rating, raised price target from $1,050 to $1,350 Goldman Sachs: Buy rating, raised price target from $1,000 to $1,100 NVDA Price Action: Nvidia shares trade at $947.80 versus a 52-week trading range of $298.06 to $974.00. Nvidia stock is up 91% year-to-date in 2024 and up over 210% in the last year.
NVIDIA Earnings Loom: A Closer Look
And then there was NVIDIA. Can the beloved company post another blowout quarter?
Should You Buy Nvidia Stock May 22 (This Wednesday)?
Wall Street has been watching and waiting with bated breath for Nvidia (Nasdaq: NVDA) to report its fiscal Q1 earnings results, which are due out on Wednesday.
Investors Expect the Best From Nvidia Earnings—What That Could Mean for the Stock
Nvidia (NVDA) shares gained in intraday trading Monday ahead of the chipmaker's highly anticipated first-quarter earnings report due after the bell on Wednesday.
Is Nvidia (NVDA) a Solid Growth Stock? 3 Reasons to Think "Yes"
Nvidia (NVDA) possesses solid growth attributes, which could help it handily outperform the market.
