Goldman Sachs Comments on NVIDIA (NVDA)

NVIDIA (NVDA) PT Lowered to $250 at Mizuho Securities

August 8, 2022 3:54 PM EDT

Mizuho Securities analyst Vijay Rakesh lowered the price target on NVIDIA (NASDAQ: NVDA) to $250.00 (from $290.00) while maintaining a Buy rating.... More

NVIDIA (NVDA) PT Lowered to $240 at Raymond James

August 8, 2022 3:54 PM EDT

Raymond James analyst Chris Caso lowered the price target on NVIDIA (NASDAQ: NVDA) to $240.00 (from $250.00) while maintaining a Strong Buy rating.... More

Craig-Hallum Downgrades NVIDIA (NVDA) to Hold

August 8, 2022 1:04 PM EDT

Craig-Hallum analyst Richard Shannon downgraded NVIDIA (NASDAQ: NVDA) from Buy to Hold.

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 $189.89 yesterday.

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AMD, Nvidia Have Near Term Concerns, but BofA Looks to Product Cycles

August 8, 2022 12:13 PM EDT

BofA analyst Vivek Arya maintained a Buy rating on NVIDIA (NASDAQ: NVDA) and Advanced Micro Devices, Inc. (NASDAQ: AMD) on Monday, telling investors in a research note that there are near-term concerns about semiconductor stocks, but they are looking towards product cycles.... More

NVIDIA (NVDA) Stock Tumbles After Weak Q2 Preliminary Results on Gaming Weakness

August 8, 2022 9:22 AM EDT

Shares of Nvidia (NASDAQ: NVDA) are down more than 7% after the company reported preliminary revenue for the second quarter.

Nvidia said it expects second-quarter revenue of $6.70 billion, down 19% from the prior quarter and a big miss compared to the $8.10 billion consensus. Nvidia also reported a preliminary adjusted gross margin of... More

Nvidia warns of lower second-quarter revenue on gaming weakness

August 8, 2022 9:07 AM EDT

By Nivedita Balu

(Reuters) -Nvidia Corp on Monday warned its second-quarter revenue would drop by 19% from the prior quarter on weakness in its gaming business, sending the chip designer's shares down about 8%.

The company reported preliminary results for the second-quarter, just days after chipmaker Intel Corp, Qualcomm and Sony Group forecast weak sales on demand concerns for personal computers and phones.

The gaming industry, largely considered to be recession proof, is beginning weaken as consumers weigh... More

AMD (AMD), Other Semiconductor Stocks Lower in Sympathy with NVIDIA (NVDA)

August 8, 2022 9:08 AM EDT

AMD (NASDAQ: AMD), Other Semiconductor Stocks Lower in Sympathy with NVIDIA (NASDAQ: NVDA)

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Nasdaq, S&P 500 Futures Lower Following Warning on Q2 Results From NVIDIA (NVDA)

August 8, 2022 9:06 AM EDT

Nasdaq, S&P 500 Futures Lower Following Warning on Q2 Results From NVIDIA (NASDAQ: NVDA)

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NVIDIA (NVDA) Plunges 7% After Cutting Q2 Revenue Guidance

August 8, 2022 9:05 AM EDT

NVIDIA (NASDAQ: NVDA) Plunges 7% After Cutting Q2 Revenue Guidance

The shortfall relative to the May revenue outlook of $8.10 billion was primarily attributable to lower sell-in of Gaming products reflecting a reduction in channel partner sales likely due to macroeconomic headwinds. In addition to reducing... More

NVIDIA (NVDA) Prelim. Q2 Revenue Misses Consensus

August 8, 2022 9:01 AM EDT

(Updated - August 8, 2022 9:03 AM EDT)

NVIDIA (NASDAQ: NVDA) today announced selected preliminary financial results for the second quarter ended July 31, 2022.

Second quarter revenue is expected to be approximately $6.70 billion, down 19% sequentially and up 3% from the prior year, primarily reflecting weaker than forecasted Gaming revenue. Gaming revenue was $2.04 billion, down 44% sequentially and down 33% from the prior year. Data Center revenue was $3.81 billion, up 1% sequentially and up 61% from the prior year.

(Consensus sees Q2 revenue of $8.1 billion)

The shortfall relative to the May revenue outlook of $8.10 billion was primarily attributable... More

Active options: NVDA DKNG BABA GOOGL PLTR CVNA SQ COIN MSFT GME INTC

August 8, 2022 4:07 AM EDT

Active options: NVDA DKNG BABA GOOGL PLTR CVNA SQ COIN MSFT GME INTC

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Active options: NVDA CVNA SQ BABA BYND NIO GOOGL MSFT LYFT COIN

August 5, 2022 9:54 AM EDT

Active options: NVDA CVNA SQ BABA BYND NIO GOOGL MSFT LYFT COIN

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