Jefferies Maintains a 'Hold' on NVIDIA (NVDA); Raising Estimates After Q1 Beat
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Price: $225.16 --0%
Rating Summary:
58 Buy, 10 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 16 | New: 19
Rating Summary:
58 Buy, 10 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 16 | New: 19
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Jefferies maintains a 'Hold' on NVIDIA (NASDAQ: NVDA) price target lowered $1 to $15.
Analyst, Mark Lipacis, said, "Nvidia beat its revised 1Q EPS by a penny, and indicated improvement in GPU supply and Tegra shipments - furthermore, it guided 2Q12 revenues 4% above consensus. While the company expects Kepler based GPU revenue to ramp and Tegra revenue to increase further, we think 28nm capacity constraints cap upside, and remain concerned about integrated GPU competition. We could become more constructive with evidence of Windows-on-ARM success."
Jefferies raises FY13 EPS estimate from $0.58 to $0.66.
For an analyst ratings summary and ratings history on NVIDIA click here. For more ratings news on NVIDIA click here.
Shares of NVIDIA closed at $13.21 yesterday.
Analyst, Mark Lipacis, said, "Nvidia beat its revised 1Q EPS by a penny, and indicated improvement in GPU supply and Tegra shipments - furthermore, it guided 2Q12 revenues 4% above consensus. While the company expects Kepler based GPU revenue to ramp and Tegra revenue to increase further, we think 28nm capacity constraints cap upside, and remain concerned about integrated GPU competition. We could become more constructive with evidence of Windows-on-ARM success."
Jefferies raises FY13 EPS estimate from $0.58 to $0.66.
For an analyst ratings summary and ratings history on NVIDIA click here. For more ratings news on NVIDIA click here.
Shares of NVIDIA closed at $13.21 yesterday.
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