Form 8-K NVIDIA CORP For: Nov 15

NVIDIA (NVDA) PT Lowered to $250 at Oppenheimer

Oppenheimer analyst Rick Schafer lowered the price target on NVIDIA (NASDAQ: NVDA) to $250.00 (from $310.00) while maintaining an Outperform rating.

Schafer commented, "NVDA reported F3Q (Oct.) sales/EPS of $3.18B/$1.84, below consensus $3.24B/$1.93 estimates. More importantly, F4Q(Jan.) outlook of $2.70B significantly... More

NVIDIA (NVDA) PT Lowered to $245 at JPMorgan

JPMorgan analyst Harland Sur lowered the price target on NVIDIA (NASDAQ: NVDA) to $245.00 (from $255.00) while maintaining an Overweight rating.

Sur notes the near-term softness on excess channel inventory but said secular growth in datacenter and gaming is still intact.

NVIDIA (NVDA) Crypto Hangover Bites Again - KeyBanc

KeyBanc analyst Weston Twigg reiterated a Sector Weight on NVIDIA (NASDAQ: NVDA) following results.

Twigg commented, "NVDA posted light F3Q revenue and very soft F4Q guidance, primarily due to elevated mid-range GPU inventory as the correction from soft cryptocurrency demand continues.... More

NVIDIA (NVDA) PT Lowered to $245 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh lowered the price target on NVIDIA (NASDAQ: NVDA) to $245.00 (from $295.00) while maintaining a Buy rating, saying they are buyers on weakness.

Rakesh commented, "We are Buyers on weakness. We had noted higher NVDA channel inventory pickup... More

NVIDIA (NVDA) PT Lowered to $250 at Barclays

Barclays analyst Blayne Curtis lowered the price target on NVIDIA (NASDAQ: NVDA) to $250.00 (from $300.00) while maintaining an Overweight rating following mixed results.

Curtis said while results were certainly a setback, they will likely be better from here. He said the pullback... More

NVIDIA (NVDA) PT Lowered to $235 at Wells Fargo

Wells Fargo analyst Aaron Rakers lowered the price target on NVIDIA (NASDAQ: NVDA) to $235.00 (from $315.00) while maintaining an Outperform rating.

The firm is reducing F2020 (C2019) and F2021 (C2020) revenue and EPS estimates by ~20%. F2019, F2020, and F2021 estimates move from $12.95B/$7.96, $14.92B/$8.82 and $17.45B/$10.57 to... More

NVIDIA (NVDA) PT Lowered to $237 at SunTrust Robinson Humphrey

SunTrust Robinson Humphrey analyst William Stein lowered the price target on NVIDIA (NASDAQ: NVDA) to $237.00 (from $316.00) while maintaining a Buy rating, saying the surprisingly weak Q4 guide appears temporary.

"NVDA guided Q4 ~20% below consensus revs as the company halts ~1/3 of gaming segment... More

NVIDIA (NVDA) PT Lowered to $260 at RBC Capital

RBC Capital analyst Mitch Steves lowered the price target on NVIDIA (NASDAQ: NVDA) to $260.00 (from $310.00) while maintaining an Outperform rating after a disappointing quarter relative to expectations with gaming coming in lower (crypto impact) and Data Center missing expectations as well.

"Overall,... More

NVIDIA (NVDA) Sinks 15% on Revenue Miss

NVIDIA (NASDAQ: NVDA) sinks 15% following revenue miss and poor revenue guidance.