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

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

NVIDIA (NVDA) PT Lowered to $250 at Oppenheimer

November 16, 2018 9:41 AM EST

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

November 16, 2018 9:03 AM EST

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.

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NVIDIA (NVDA) Crypto Hangover Bites Again - KeyBanc

November 16, 2018 7:12 AM EST

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

November 16, 2018 7:10 AM EST

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

November 16, 2018 7:09 AM EST

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

November 16, 2018 7:05 AM EST

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 $260 at RBC Capital

November 16, 2018 7:01 AM EST

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

Goldman Sachs Downgrades NVIDIA (NVDA) to Buy

November 16, 2018 6:10 AM EST

Goldman Sachs analyst Toshiya Hari downgraded NVIDIA (NASDAQ: NVDA) from Conviction Buy to Buy with a price target of $200.00 (from $283.00).

The analyst admits "we were clearly wrong on the stock" citing is underestimation on the magnitude of the channel inventory build in... More

NVIDIA (NVDA) PT Lowered to $200 at Nomura/Instinet

November 16, 2018 6:03 AM EST

Nomura/Instinet analyst Romit Shah lowered the price target on NVIDIA (NASDAQ: NVDA) to $200.00 (from $225.00) while maintaining a Neutral rating.

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NVIDIA (NVDA) PT Lowered to $190 at Deutsche Bank

November 16, 2018 5:15 AM EST

Deutsche Bank analyst Ross Seymore lowered the price target on NVIDIA (NASDAQ: NVDA) to $190.00 (from $260.00) while maintaining a Hold rating.

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Options expected to have increasing volume: NVDA JWN WSM SONO

November 16, 2018 5:07 AM EST

Options expected to have increasing volume: NVDA JWN WSM SONO

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B.Riley/FBR Downgrades NVIDIA (NVDA) to Neutral

November 16, 2018 5:05 AM EST

B.Riley/FBR analyst Craig Ellis downgraded NVIDIA (NASDAQ: NVDA) from Buy to Neutral with a price target of $190.00 (from $240.00).

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 $169.75 yesterday.

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European shares wobble as Brexit angst lingers

November 16, 2018 3:44 AM EST

By Helen Reid and Julien Ponthus

LONDON (Reuters) - European shares wobbled and closed just in the red after a choppy session on Friday as traders waited to see if Britain's Prime Minister Theresa May would face a no-confidence vote over her draft European Union divorce deal.

The pan-European stocks index started morning trading on a gentle rebound from losses on Thursday. But it gradually lost steam as speculation mounted about a leadership challenge.

Italy's budget showdown with the European Commission also did little for risk appetite.

The STOXX 600 closed down O.12 percent and Britain's FTSE 100... More

After-Hours Movers 11/15: (PCG) (SONO) (NTAP) (SCVL) Higher; (NVDA) (WSM) (JWN) (AMAT) Lower (more...)

November 15, 2018 5:29 PM EST

Today's After-Hours Movers

PG&E (NYSE: PCG) 39% HIGHER; surges after-hours after falling 31% intra-day and more over the past several days on worries about its ability to pay the California wildfire liabilities.

Sonos (NASDAQ: SONO) 19% HIGHER; reported Q4 EPS of ($0.02), versus ($0.27) reported last year. Revenue for the quarter came in at $273 million versus the consensus estimate of $248.62 million. Sonos sees Q1 2019 revenue of $485-495 million, versus the consensus of $469.41 million. Sonos sees FY2019 revenue of $1.25-1.275 million,... More

'Crypto hangover' hammers Nvidia's outlook, shares drop 17 percent

November 15, 2018 4:35 PM EST

By Munsif Vengattil and Stephen Nellis

(Reuters) - Chip designer Nvidia Corp (NASDAQ: NVDA) on Thursday forecast disappointing sales for the holiday quarter, pinning the blame on unsold chips piling up with distributors and retailers after the evaporation of the cryptocurrency mining boom.

The Santa Clara, California-based company also posted sales that missed expectations for its third quarter. Shares plunged nearly 17 percent in late trading to $168.32.

For decades, Nvidia has supplied gaming cards to boost computer graphics, but in recent years cryptocurrency miners adopted the company's cards to turn bits into wealth.

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NVIDIA (NVDA) Sinks 15% on Revenue Miss

November 15, 2018 4:29 PM EST

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

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NVIDIA (NVDA) Tops Q3 EPS by 13c, Revs Miss; Guides Revenues Well Below Views

November 15, 2018 4:21 PM EST

NVIDIA (NASDAQ: NVDA) reported Q3 EPS of $1.84, $0.13 better than the analyst estimate of $1.71. Revenue for the quarter came in at $3.18 billion versus the consensus estimate of $3.24 billion.

"AI is advancing at an incredible pace across the world, driving record revenues for our datacenter... More