NVIDIA Announces Financial Results for First Quarter Fiscal 2017
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P dip, trading choppy as tech stocks fall
- Brent hits lowest since before start of Iran war as more tankers exit Hormuz, easing supply
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- UBS Reiterates Buy Rating on Snowflake Inc. (SNOW)
MKM Partners Raises Price Target on NVIDIA (NVDA) Following 1Q Beat
May 13, 2016 10:45 AM EDTMKM Partners maintained a Buy rating on NVIDIA (NASDAQ: NVDA), and raised the price target to $43.00 (from $39.00), following the company's 1Q earnings report. NVDA reported revenue of $1,305M, well above the consensus estimate of $1,265M. EPS was $0.33, ahead of the consensus of $0.31.... More
UBS Raises Price Target on NVIDIA (NVDA) to $43 Following 1Q Report
May 13, 2016 9:47 AM EDTUBS reiterated a Buy rating on NVIDIA (NASDAQ: NVDA), and raised the price target to $43.00 (from $40.00), following the company's 1Q earnings report. NVDA reported revenue of $1.31B , as well as an EPS of $0.46. Results were driven by better than expected data center Tesla chip sales of $143M. UBS is expecting further upside in data center sales.... More
nVIDIA (NVDA): A Play On 4 Secular Trends - Jefferies
May 13, 2016 8:06 AM EDTJefferies analyst, Mark Lipacis, believes 3 of the 4 trends he identified as benefiting nVIDIA (NASDAQ: NVDA) drove the upside in the quarter: Datacenter (up 63% YY), Gaming (up 17% YY) and Auto (up 47% YY). The fourth, VR headset ramps could begin to contribute in the second half of... More
NVIDIA (NVDA) Delivers Another Great Quarter - Wedbush
May 13, 2016 7:32 AM EDTWedbush analyst Betsy Van Hees thinks that valuation for NVIDIA (NASDAQ: NVDA) is no longer looking stretched after the quarter, making it likely that the stock presses higher.
NVIDIA should continue to benefit from:
1) pervasive and macro resilient growth in PC... More
Topeka Capital Upgrades NVIDIA (NVDA) to Buy
May 13, 2016 7:31 AM EDTTopeka Capital upgraded NVIDIA (NASDAQ: NVDA) from Hold to Buy with a price target of $44.00.
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 $35.57 yesterday.
... MoreRoth Capital Upgrades NVIDIA (NVDA) to Buy
May 13, 2016 7:30 AM EDTRoth Capital upgraded NVIDIA (NASDAQ: NVDA) from Neutral to Buy with a price target of $40.00.
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 $35.57 yesterday.
... MoreNVIDIA (NVDA) PT Raised to $40 at RBC Capital
May 13, 2016 6:26 AM EDTRBC Capital analyst Mitch Steves reiterated an Outperform rating and lifted his price target on NVIDIA (NASDAQ: NVDA) to $40.00 (from $36.00) following solid results and guidance driven by data center and gaming.
Stevens commented, "Nvidia reported a solid quarter from both a top and... More
NVIDIA (NVDA) Tops Q1 EPS by 14c; Offers Strong Q2 Revenue Guidance
May 12, 2016 4:22 PM EDTNVIDIA (NASDAQ: NVDA) reported Q1 EPS of $0.46, $0.14 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.26 billion.
GUIDANCE:
NVIDIA sees Q2 2017 revenue of $1.35 billion, versus the consensus of $1.28... More
