NVIDIA Announces Financial Results for Second Quarter Fiscal 2024

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NVIDIA (NVDA) PT Raised to $600 at CFRA, 'we see FCF growth at +$23B in FY 24'

August 24, 2023 10:10 AM EDT

CFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $500.00) while maintaining a Buy rating.

The analyst comments "We increase our 12-month target to $600 from $500, on P/E of 32.6x our CY 25 EPS view, above peers but below... More

Former XPeng (XPEV) autonomous driving head joins Nvidia (NVDA)

August 24, 2023 8:24 AM EDT

Wu Xinhou, the former vice president of autonomous driving at Xpeng (NYSE: XPEV), announced Thursday that he is joining U.S. artificial intelligence giant Nvidia (NASDAQ: NVDA).

Although Wu didn't provide specific details about his new position at Nvidia,... More

NVIDIA (NVDA) PT Raised to $605 at Goldman Sachs, 'Strong Gen AI Demand and Improving Supply to Drive Continued Outperformance'

August 24, 2023 5:49 AM EDT

Goldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $605.00 (from $495.00) while maintaining a Buy rating.

The analyst comments "Nvidia delivered against heightened investor expectations as growing investments in Gen AI infrastructure drove a 21% revenue beat and non-GAAP EPS (excl. SBC)... More

NVIDIA (NVDA) PT Raised to $600 at BMO Capital, 'High Bar? Not a Problem'

August 24, 2023 5:06 AM EDT

BMO Capital analyst Ambrish Srivastava raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $550.00) while maintaining a Outperform rating.

The analyst comments "The company delivered another meaningful beat and raise. The AI demand continues to climb meaningfully higher. NVIDIA's visibility is... More

NVIDIA (NVDA) Announces New $25B Share Buyback

August 23, 2023 4:23 PM EDT

NVIDIA (NVDA) Announces New $25B Share Buyback

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NVIDIA (NVDA) Guides Q3 Revenue of $16B vs $12.5B Est

August 23, 2023 4:22 PM EDT

NVIDIA (NVDA) Guides Q3 Revenue of $16B vs $12.5B Est

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NVIDIA (NVDA) Tops Q2 EPS by 63c, Guidance Beats

August 23, 2023 4:21 PM EDT

NVIDIA (NASDAQ: NVDA) reported Q2 EPS of $2.70, $0.63 better than the analyst estimate of $2.07. Revenue for the quarter came in at $13.51 billion versus the consensus estimate of $11.13 billion.

GUIDANCE:

NVIDIA sees Q3 2024 revenue of $16 billion, versus the consensus of $12.61... More