NVIDIA (NVDA) PT Raised to $300 at Rosenblatt; AI Inflection Point, Datacenter Disruptor

Go back to NVIDIA (NVDA) PT Raised to $300 at Rosenblatt; AI Inflection Point, Datacenter Disruptor

NVIDIA (NVDA) PT Raised to $305 at SunTrust Robinson Humphrey, Street High

February 9, 2018 7:57 AM EST

SunTrust Robinson Humphrey raised its price target on NVIDIA (NASDAQ: NVDA) to $305.00 (from $253.00) while maintaining a Buy rating.

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NVIDIA (NVDA): Demand Outpaces Supply, PT To $230 - Deutsche Bank

February 9, 2018 7:35 AM EST

Deutsche Bank analyst, Ross Seymore, reiterated his Hold rating on shares of NVIDIA (NASDAQ: NVDA) but raised his price target to $230 from $205 after F4Q revs/EPS were better than expected. Datacenter remained strong (+20% q/q) and GPU Gaming benefited from strength in both... More

NVIDIA (NVDA) PT Raised to $100 at Wells Fargo, Believes Crypto Risks are Growing

February 9, 2018 7:31 AM EST

Wells Fargo raised its price target on NVIDIA (NASDAQ: NVDA) to $100.00 (from $87.00) while maintaining a Underperform rating.

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NVIDIA (NVDA): Capacity Constraint More Than Offsets Seasonality; $300 PT - BofA

February 9, 2018 7:27 AM EST

BofA/Merrill Lynch analyst, Vivek Arya, reiterated his Buy rating on shares of NVIDIA (NASDAQ: NVDA) and raised his price target to $300 from $275 after the company reported $2.9bn in sales surging 34% y/y, or $241mn/10% ahead of consensus. The analyst estimates. about half of... More

NVIDIA (NVDA) PT Raised to $275 at Evercore ISI; $10 2020 EPS Might Be Conservative

February 9, 2018 7:23 AM EST

Evercore ISI raised its price target on NVIDIA (NASDAQ: NVDA) to $275.00 (from $250.00) while maintaining a Outperform rating.

Analyst C.J. Muse commented, "Led by continued strength in Data Center (including ramp of GPU-aas and Inference as well as strength in HPC) coupled with sustained contributions from Crypto, NVDA reported another robust beat and raise quarter. Most notably,... More

NVIDIA (NVDA): Cryptocurrency Drove The Beat - KeyBanc

February 9, 2018 7:18 AM EST

KeyBanc analyst, Michael McConnell, reiterated his Sector Weight rating on shares of NVIDIA (NASDAQ: NVDA) after strong GPU demand from the cryptocurrency mining rapidly depleted excess channel inventory and buoyed strong sales, which offsets his concern about gaming segment growth.

The analyst stated... More

NVIDIA (NVDA) PT Raised to $265 at Mizuho Securities

February 9, 2018 7:15 AM EST

Mizuho Securities raised its price target on NVIDIA (NASDAQ: NVDA) to $265.00 (from $240.00) while maintaining a Buy rating.

Analyst Vijay Rakesh commented, "NVDA reported a strong JanQ, posting GAAP rev/EPS of $2.91B/$1.78, well above consensus. Data Center revenue was... More

Wall Street rebounds but posts worst week in two years

February 9, 2018 7:14 AM EST

By Lewis Krauskopf

NEW YORK (Reuters) - U.S. stocks ended a wild week with a burst of buying, pushing the S&P 500 up 1.5 percent on Friday, but still recorded their worst week in two years, and investors braced for more volatile trading days ahead.

The sharp falls of the week confirmed the market was in a correction, down more than 10 percent from a Jan. 26 record high, and throwing the nearly nine-year bull market off course. The newly volatile market was shaken in part by rising bond yields, which led stock investors to rethink their positions after... More

NVIDIA (NVDA) PT Raised to $258 at Morgan Stanley

February 9, 2018 7:12 AM EST

Morgan Stanley raised its price target on NVIDIA (NASDAQ: NVDA) to $258.00 (from $222.00) while maintaining a Equalweight rating.

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NVIDIA (NVDA): Datacenter Drives Another Beat; $300 PT - Goldman Sachs

February 9, 2018 7:04 AM EST

Goldman Sachs analyst, Toshiya Hari, reiterated his Buy rating on shares of NVIDIA (NASDAQ: NVDA) and raised his price target to $300 from $281 after the company delivered its 10th consecutive beat and raise quarter with FY4Q revenue and EPS exceeding Street expectations by... More

NVIDIA (NVDA) PT Raised to $215 at Susquehanna; Positive on Data Center, Not on Crypto

February 9, 2018 6:59 AM EST

Susquehanna raised its price target on NVIDIA (NASDAQ: NVDA) to $215.00 (from $200.00) while maintaining a Neutral rating.

Analyst Chris Rolland commented, "As previewed, NVIDIA blew out our Street-high estimates on the back of surging Ethereum-related GPU sales (a long-term negative in our... More

NVIDIA (NVDA): Volta Drives Data Center Upside; $220 PT - Stifel

February 9, 2018 6:58 AM EST

Stifel analyst, Kevin Cassidy, reiterated his Hold rating on shares of NVIDIA (NASDAQ: NVDA) and raised his price target to $220 from $184 after the company printed a beat and raise quarter as gaming, perhaps assisted by crypto-currency, and data center revenue which... More

NVIDIA (NVDA) PT Raised to $300 at Needham & Company

February 9, 2018 6:54 AM EST

Needham & Company raised its price target on NVIDIA (NASDAQ: NVDA) to $300.00 (from $250.00) while maintaining a Buy rating.

Analyst Rajvindra Gill commented, "NVDA ended the year with another beat and raise quarter all businesses were up double digits Y/Y driven by... More

NVIDIA (NVDA): The Case For Buying Today; PT to $300 - Jefferies

February 9, 2018 6:50 AM EST

Jefferies analyst, Mark Lipacis, reiterated his Buy rating on shares of NVIDIA (NASDAQ: NVDA) and raised his price target to $300 from $240 after the company beat by $0.35 (ex-1x) leading the analyst to raise his 5-yr EPS power target to $15.50 from $13.

The... More

NVIDIA (NVDA) PT Raised to $270 at Citi

February 9, 2018 6:35 AM EST

Citi raised its price target on NVIDIA (NASDAQ: NVDA) to $270.00 (from $240.00) while maintaining a Buy rating.

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NVIDIA (NVDA) PT Raised to $225 at Nomura/Instinet, Says Co. COntinues to Expand its Multiple

February 9, 2018 6:18 AM EST

Nomura/Instinet raised its price target on NVIDIA (NASDAQ: NVDA) to $225.00 (from $190.00) while maintaining a Neutral rating.

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NVIDIA (NVDA) PT Raised to $245 at MKM Partners, Says Co. is Firing on all Cylinders

February 9, 2018 6:10 AM EST

MKM Partners raised its price target on NVIDIA (NASDAQ: NVDA) to $245.00 (from $186.00) while maintaining a Neutral rating.

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NVIDIA (NVDA) PT Raised to $290 at B.Riley/FBR

February 9, 2018 5:14 AM EST

B.Riley/FBR raised its price target on NVIDIA (NASDAQ: NVDA) to $290.00 (from $270.00) while maintaining a Buy rating.

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NVIDIA (NVDA) PT Raised to $265 at Barclays

February 9, 2018 4:56 AM EST

Barclays raised its price target on NVIDIA (NASDAQ: NVDA) to $265.00 (from $250.00) while maintaining a Equalweight rating.

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NVIDIA (NVDA) PT Raised to $225 at Macquarie

February 9, 2018 4:51 AM EST

Macquarie raised its price target on NVIDIA (NASDAQ: NVDA) to $225.00 (from $200.00) while maintaining a Neutral rating.

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NVIDIA (NVDA) PT Raised to $225 at BMO Capital

February 9, 2018 2:56 AM EST

BMO Capital raised its price target on NVIDIA (NASDAQ: NVDA) to $225.00 (from $200.00) while maintaining a Market Perform rating.

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Nvidia's upbeat forecast powered by data center, cryptocurrency demand

February 8, 2018 4:31 PM EST

By Supantha Mukherjee and Arjun Panchadar

(Reuters) - Nvidia Corp's (NASDAQ: NVDA) upbeat current-quarter revenue forecast on Thursday underscored surging demand for its graphics chips used in data centers, gaming devices and cryptocurrency mining, sending its shares up as much as 12 percent in extended trading.

The company, which also reported better-than-expected quarterly results, is reaping the benefits from the launch of its Volta chip architecture last year. Volta processors power a range of technologies such as artificial intelligence and driverless cars.

"Virtually every internet and cloud service provider has embraced our... More

NVIDIA (NVDA) Tops Q4 EPS by 56c, Beats on Revenues

February 8, 2018 4:29 PM EST

Note: EPS may not be comparable

NVIDIA (NASDAQ: NVDA) reported Q4 EPS of $1.72, $0.56 better than the analyst estimate of $1.16. Revenue for the quarter came in at $2.91 billion versus the consensus estimate of $2.68 billion.

Record quarterly revenue of $2.91 billion, up 34 percent from a year... More