NVIDIA (NVDA) Stock Adds 3% on Record Q3 Revenue and Better Than Expected Guidance
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November 18, 2021 8:44 AM EST
Jefferies analyst Mark Lipacis raised the price target on NVIDIA (NASDAQ: NVDA) to $370.00 (from $260.00) while maintaining a Buy rating.
The analyst commented, "OctQ / JanQ EPS outlook beat by 6% / 10%, and OctQ revs increased by 50% YY, we model 48% YY growth in the Jan23Q. We... More
November 18, 2021 8:37 AM EST
BofA Securities analyst Vivek Arya raised the price target on NVIDIA (NASDAQ: NVDA) to $375.00 (from $340.00) while maintaining a Buy rating.
AI adoption still in infancy"NVDAs unique combination of highly leverageable silicon, software, scale and systems expertise and importantly...
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November 18, 2021 7:06 AM EST
BMO Capital analyst Ambrish Srivastava reiterated an Outperform rating and $375.00 price target on NVIDIA (NASDAQ: NVDA) following results.
The analyst commented, "NVIDIA expects its Omniverse platform to start contributing revenues over the next few years, with examples that range from the existing network... More
November 18, 2021 7:01 AM EST
Needham & Company analyst Rajvindra Gill raised the price target on NVIDIA (NASDAQ: NVDA) to $400.00 (from $245.00) while maintaining a Buy rating, matching a "Street High".
The analyst commented, "NVIDIA reported a strong beat-and-raise quarter, with Gaming growing 42% Y/Y and Data Center growing 55%.... More
November 18, 2021 6:29 AM EST
Shares of Nvidia (NASDAQ: NVDA) are up nearly 7% in pre-open Thursday after the company once again reported an extremely strong set of quarterly numbers.
Nvidia reported an EPS of $1.17, better than the consensus estimate of $1.11. Revenue came in at $7.1 billion to beat the consensus of $6.83 billion. The outperformance was driven by the companys Data Center business, where revenue grew 55% year-over-year to $2.94 billion. Gaming revenue soared 42% to $3.22 billion.
The third quarter was outstanding, with record revenue, said... More
November 18, 2021 6:17 AM EST
Mizuho Securities analyst Vijay Rakesh raised the price target on NVIDIA (NASDAQ: NVDA) to $335.00 (from $235.00) while maintaining a Buy rating.
The analyst commented, "NVDA reported an in-line OctQ and guided to strong JanQ rev/EPS of $7.4B/~$1.22, with the revenue guide 8%... More
