NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2017
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
NVIDIA (NVDA) PT Raised to $130 at Canaccord Genuity Following 4Q
February 10, 2017 10:01 AM ESTCanaccord Genuity raised its price target on NVIDIA (NASDAQ: NVDA) to $130.00 (from $120.00) while maintaining a Buy rating. NVDA reported record revenue of $2.17B,
above $2.10B estimates and up 55% Y/Y. Non-GAAP EPS of $1.13 jumped past
consensus estimates of $0.98.
Analyst Matthew Ramsay commented, "NVIDIA reported another strong quarter for Q4/F'17 above our/consensus expectations with record revenue,... More
NVIDIA (NVDA) PT Raised to $90 at Stifel; "Record Revenue" Across Platforms
February 10, 2017 9:34 AM ESTStifel analyst Kevin Cassidy reiterates Hold rating and raises price target on NVIDIA Corp. (NASDAQ: NVDA) to $90 (from $76), as the company produced 2016 fiscal fourth quarter revenue and EPS figures well above consensus, recording "record revenue" in each target platform.
Cassidy notes,... More
NVIDIA (NVDA) PT Raised to $132 at UBS Following 4Q Report
February 10, 2017 9:14 AM ESTUBS raised its price target on NVIDIA (NASDAQ: NVDA) to $132.00 (from $120.00) while maintaining a Buy rating.... More
NVIDIA (NVDA) PT Raised to $100 at Instinet; Datacenter Main Driver in 4Q
February 10, 2017 6:54 AM ESTInstinet analyst Romit Shah reiterates Buy rating and increases price target on NVIDIA Corp. (NASDAQ: NVDA) to $100 (from $80), citing continued strength in Datacenter business, as the company delivered 2016 fourth quarter results above estimates.
Shah comments, "F4Q Beat on Revenue and... More
NVIDIA (NVDA) PT Raised to $140 at Jefferies Following 7th Consecutive Beat
February 10, 2017 6:47 AM ESTJefferies raised its price target on NVIDIA (NASDAQ: NVDA) to $140.00 (from $125.00) while maintaining a Buy rating.
Analyst Mark Lipacis commented, "NVDA posted its 7th consecutive beat, and while YoY rev growth of 55% likely marks 2nd derivative peak, the 200% growth in its Datacenter... More
Needham & Company Reiterates Buy Rating on NVIDIA (NVDA) on Data Center Business
February 10, 2017 5:56 AM ESTNeedham & Company analyst Rajvindra Gill reaffirms Buy rating and $120 price target on NVIDIA Corp. (NASDAQ: NVDA), noting strength in the Data Center business, as investors should remain buyers of the company, despite potential gaming business slowdown.
Gill comments, "NVIDIA delivered another stellar... More
NVIDIA (NVDA) Tops Q4 EPS by 30c as Revenues Surge 55%
February 9, 2017 4:20 PM ESTNVIDIA (NASDAQ: NVDA) reported Q4 EPS of $1.13, $0.30 better than the analyst estimate of $0.83. Revenue for the quarter came in at $2.17 billion versus the consensus estimate of $2.11 billion.
Record quarterly revenue of $2.17 billion, up 55 percent from a year agoRecord full-year revenue of $6.91 billion, up 38 percent from a year agoRecord quarterly GAAP gross margin at 60.0 percent, non-GAAP gross margin at 60.2 percentGPU computing platform continues to power gains across full product... More