NVIDIA Announces Financial Results for First Quarter Fiscal 2022
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May 27, 2021 6:55 AM EDT
Susquehanna analyst Christopher Rolland raised the price target on NVIDIA (NASDAQ: NVDA) to $720.00 (from $700.00) while maintaining a Positive rating.
The analyst commented, "After the close on Wednesday, NVIDIA offered yet another beat-and-raise quarter, helped broadly by almost every major market segment. Gaming was once again the star of the show, beating our expectations by nearly $100 million, while posting astounding +106% growth year-on-year. Gaming is clearly hitting on all cylinders right now, and we would expect strength to persist for the foreseeable future as the company appears... More
May 26, 2021 4:22 PM EDT
NVIDIA (NASDAQ: NVDA) reported Q1 EPS of $3.66, $0.38 better than the analyst estimate of $3.28. Revenue for the quarter came in at $5.66 billion versus the consensus estimate of $5.41 billion.
NVIDIAs outlook for the second quarter of fiscal 2022 is as... More
