NVIDIA Announces Financial Results for the Fourth Quarter and Fiscal 2016
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Nvidia (NVDA) Continues to Defy Gravity - Wedbush
February 18, 2016 8:59 AM ESTWedbush analyst, Betsy Van Hees, raised her PT on NVIDIA (NASDAQ: NVDA) to $34 from $30 after expecting cautious guidance from macro headwinds. No change to the Outperform rating.
NVDA reported FQ4 (Jan) results that beat the Street with all end markets including OEM & IP increasing Q/Q. At the midpoint NVDA guided revenue down -10% Q/Q to $1.26B but it was above the Street's $1.23B. Although NVDA is seeing macro headwinds and seasonality, it continues to benefit from PC... More
Susquehanna Remains Sidelined on NVIDIA (NVDA) Following 4Q Beat
February 18, 2016 6:55 AM ESTSusquehanna reiterated a Neutral rating on NVIDIA (NASDAQ: NVDA), and raised the price target to $26.00 (from $25.00), following the company's 4Q earnings report. NVDA reported revenue of $1.4 bln, up 7% Q/Q, ahead of consensus of $1.31 bln. Growth was driven by GPUs for gaming, professional visualization, data center, as well as Tegra automotive... More
NVIDIA (NVDA) PT Raised to $40 at Jefferies Amid Solid Q4
February 18, 2016 6:41 AM ESTJefferies analyst Mark Lipacis reiterated a Buy rating and boosted his price target on NVIDIA (NASDAQ: NVDA) to $40.00 (from $38.00) following strong results after the close.
Lipacis commented, "JanQ/AprQ beat/raise reinforce our 17-Sep-15 upgrade thesis and our view that NVDA is a... More
NVIDIA (NVDA) Declares $0.15 Quarterly Dividend; 2.2% Yield
February 17, 2016 4:22 PM ESTNVIDIA (NASDAQ: NVDA) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.
The dividend will be payable on March 23, 2016, to stockholders of record on March 2, 2016, with an ex-dividend date of February 29, 2016.
The annual yield on the dividend is 2.2 percent.
For a... More
NVIDIA (NVDA) Tops Q4 EPS by 9c
February 17, 2016 4:20 PM ESTNVIDIA (NASDAQ: NVDA) reported Q4 EPS of $0.52, $0.09 better than the analyst estimate of $0.43. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.31 billion.
"We had another record quarter, capping a record year," said Jen-Hsun Huang, co-founder and chief executive officer, NVIDIA.... More
