UBS Reiterates Buy Rating on NVIDIA (NVDA)

Rosenblatt Reiterates Buy Rating on NVIDIA (NVDA)

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and $200.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "NVDA reported a solid beat and raise on Hopper generative AI and networking momentum, offset by slightly lower GMs in the outlook due to the start-up ramp of Blackwell... More

Melius Reiterates Buy Rating on NVIDIA (NVDA)

Melius analyst Ben Reitzes reiterated a Buy rating and $165.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "$5 in EPS Power Still in Sight: "Whispers" going in were up to $500mm higher in terms of revenue for the quarter but it seems like the difference could be supply-driven and guidance implies a stronger trajectory into year-end (especially for 4Q). So gross margin will be the big concern coming out of the quarter - but the sacred view of $5.00... More

NVIDIA (NVDA) PT Raised to $145 at Needham

Needham analyst Rajvindra Gill raised the price target on NVIDIA (NASDAQ: NVDA) to $145.00 (from $120.00) while maintaining a Buy rating.

The analyst comments "NVIDIA delivered another strong beat and raise quarter, with results well above our estimates and inline with more bullish buy-side... More

Summit Insights Reiterates Buy Rating on NVIDIA (NVDA)

Summit Insights analyst Kinngai Chan reiterated a Buy rating on NVIDIA (NASDAQ: NVDA).

The analyst comments "Clearly, the gross margin outlook for its October and January quarters is a disappointment. We think this mask step change on its upcoming "Blackwell" GPU could... More

Edward Jones Reiterates Hold Rating on NVIDIA (NVDA), 'We think the stock appropriately reflects our optimistic growth outlook and is appropriately valued'

Edward Jones analyst Logan Purk reiterated a Hold rating and {REMOVEPT} price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "NVIDIA is the leading provider of high-performance graphics processing units (GPUs) globally. Management has executed well, establishing the company at the epicenter of the... More

NVIDIA (NVDA) PT Raised to $155 at JPMorgan

JPMorgan analyst Harlan Sur raised the price target on NVIDIA (NASDAQ: NVDA) to $155.00 (from $115.00) while maintaining a Overweight rating.

The analyst comments "NVIDIA reported Jul results (revenue/GMs/EPS ) above consensus estimates and slightly lower than market expectations (in our view), and off of a higher Jul-Qtr revenue base, the team guided to a 8% Q/Q increase in the Oct-Qtr, above consensus (again a bit lower than market expectations) on continued strong spending from its customers to support their AI/accelerated compute initiatives (both training/inference) and the strong... More

Cantor Fitzgerald Reiterates Overweight Rating on NVIDIA (NVDA), 'Buy on Weakness', 'Remains Our Top Pick'

Cantor Fitzgerald analyst C.J. Muse reiterated an Overweight rating and $175.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Despite the after-hours sell-off, this was a solid report from NVDA amidst Blackwell delay concerns. The company posted a $2B beat vs guidance (in line with prior 5 Qs, though beats vs consensus shrinking as the Street is modeling more above guidance each Q) and guided for +$2.5B of Q/Q growth into 3Q (this compares to the prior 3 sequential guides of +$1.9B, +$1.9B, and $2.0B Q/Q). Further, as customers accelerate Hopper purchases,... More

Jefferies Reiterates Buy Rating on NVIDIA (NVDA)

Jefferies analyst Blayne Curtis reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Beat fell short of expectations, which rose sharply into the print but the important point is that the Blackwell delay is in the rearview mirror, while Hopper... More

KeyBanc Reiterates Overweight Rating on NVIDIA (NVDA), PT $180

KeyBanc analyst John Vinh reiterated an Overweight rating and $180.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "NVDA reported F2Q results and provided F3Q guidance, which were above cons estimates, but fell short of buyside expectations, likely reflecting... More

DA Davidson Reiterates Neutral Rating on NVIDIA (NVDA), PT $90

DA Davidson analyst Gil Luria reiterated a Neutral rating and $90.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "NVIDIA reported strong revenue growth highlighted by Data Center revenue that came in ahead of expectations, with the expectation that Hopper... More

Barclays Reiterates Overweight Rating on NVIDIA (NVDA)

Barclays analyst Blayne Curtis reiterated an Overweight rating and $145.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "We get why investors may pick at this print from a superficial perspective but think that updates on key issues all leaned more... More

Wolfe Research on NVIDIA (NVDA): 'Our bullish view on the stock is underpinned by the significant content gains we expect for Blackwell'

Wolfe Research analyst Chris Caso reiterated an Outperform rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "NVDA posted another beat and raise quarter, with JulQ results ~5% ahead of the street, and guidance ~2.5% ahead of the street -... More

NVIDIA (NVDA) PT Raised to $140 at Raymond James

Raymond James analyst Srini Pajjuri raised the price target on NVIDIA (NASDAQ: NVDA) to $140.00 (from $120.00) while maintaining a Strong Buy rating.

The analyst comments "NVDAs results and outlook were largely consistent with our preview with the exception of gross margin... More

Oppenheimer Reiterates Outperform Rating on NVIDIA (NVDA)

Oppenheimer analyst Rick Schafer reiterated an Outperform rating and $150.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "NVDA reported upside results/outlook Wed. F2Q (Jul.) sales/EPS 5%/6% ahead. F3Q (Oct.) top-line outlook 3% above Street. Upside led by DC AI for... More

Piper Sandler on NVIDIA (NVDA): 'We are buyers of NVDA on the pullback following the Q2 print'

Piper Sandler analyst Harsh Kumar reiterated an Overweight rating and $140.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "We are buyers of NVDA on the pullback following the Q2 print. In our opinion, fundamentals remain intact; however, the stock is... More

NVIDIA (NVDA) PT Raised to $165 at BofA Securities

BofA Securities analyst Vivek Arya raised the price target on NVIDIA (NASDAQ: NVDA) to $165.00 (from $150.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on Nvidia (NVDA), a top sector pick, raising FY25/26E (roughly CY24/25E) pf-EPS by 9%/9% to $2.81/$3.90, and raising... More

Citi Reiterates Buy Rating on NVIDIA (NVDA)

Citi analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "NVDA reported beat and raise results with Jul-Q sales of $30B towards high-end of $29-$30B and Oct-Q guide of $32.5B at the mid-point of $32-33B... More

NVIDIA (NVDA) PT Raised to $140 at Mizuho

Mizuho analyst Vijay Rakesh raised the price target on NVIDIA (NASDAQ: NVDA) to $140.00 (from $132.00) while maintaining a Outperform rating.

The analyst comments "Key takeaways: 1) OctQ top line at ~$32.5B, estimate DC ~$28.5B up 9% q/q (up 96% y/y) with JulQ Purchase Commitments up 48% q/q, pointing to stronger 2H, 2) new Blackwell GPU to ship "several billions of dollars" in the JanQ, and 3) JulQ Networking up 16% q/q with Ethernet doubling. NVDA stock is off in after-hours as OctQ guide was modestly below optimistic expectations of ~$33-34B; NVDA noted potential GB200 DGX... More

Goldman Sachs Reiterates Conviction Buy on NVIDIA (NVDA)

Goldman Sachs analyst Toshiya Hari keeps the price target on NVIDIA (NASDAQ: NVDA) at $135.00 while maintaining a Conviction Buy rating.

The analyst comments "While we expect Nvidias FY4Q (January) implied gross margin outlook in the low-70% range coupled with... More

Stifel Reiterates Buy Rating on NVIDIA (NVDA)

Stifel analyst Ruben Roy reiterated a Buy rating and $165.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "NVDA F2Q results and F3Q guidance beat expectations, driven by continued strength in data center compute platforms and networking for accelerated compute and AI... More

NVIDIA (NVDA) PT Raised to $165 at Wells Fargo

Wells Fargo analyst Aaron Rakers raised the price target on NVIDIA (NASDAQ: NVDA) to $165.00 (from $155.00) while maintaining a Overweight rating.

NVIDIA (NVDA) PT Raised to $155 at Bernstein SocGen Group

Bernstein SocGen Group analyst Stacy Rasgon raised the price target on NVIDIA (NASDAQ: NVDA) to $155.00 (from $130.00) while maintaining a Outperform rating.

The analyst comments: "Overall the company continues to deliver amid high expectations, and it seems clear that datacenter sequential growth is... More

NVIDIA (NVDA) PT Raised to $150 at Morgan Stanley

Morgan Stanley analyst Joseph Moore raised the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $144.00) while maintaining a Overweight rating.... More

After-hours movers: NVIDIA, Affirm, Salesforce and more

After-Hours Stock Movers:

NVIDIA (NASDAQ: NVDA) shares were choppy after the AI juggernaut published second quarter results and guidance, and announced a $50 billion buyback plan. Management said anticipation for Blackwell was "incredible." The stock was down... More

Nvidia shares fall despite results, guidance beat; Analyst says "buy the pullback"

(Updated - August 29, 2024 5:34 AM EDT)

Investing.com -- Nvidia reported Wednesday better-than-expected Q2 results, and the chipmaker announced a $50B stock buyback program.

NVIDIA Corporation (NASDAQ:{{6497|NVDA}}) dropped around 3% in premarket trading Thursday.

For the three months ended Jul. 28, the company reported Q2 adjusted earnings of $0.68 a share on revenue of $30.04 billion, beating estimates of $0.64 and $28.68B respectively.

The stronger quarterly results were supported by a 154% surge in data center revenue to $26.27B from the same period a year earlier.

For Q3, revenue is expected to be $32.5B, plus or minus 2%, beating... More

Nvidia fails to impress growth-hungry investors, shares fall

By Arsheeya Bajwa

(Reuters) -Nvidia's quarterly forecast on Wednesday failed to meet lofty expectations of investors who have driven a dizzying rally in its stock as they bet billions on the future of generative artificial intelligence.

Shares of the chipmaker fell 6% in after-hours trading, weighing on shares of other chipmakers. The report has been seen as a day of reckoning for the tech sector and the results were treated as mixed, despite heady growth and profit.

"Here's the issue," said Ryan Detrick, chief market strategist at the Carson Group. "The size of the beat this... More

NVIDIA (NVDA) approves additional $50 billion in share repurchase authorization

NVIDIA (NASDAQ: NVDA) announced:

On August 26, 2024, the Board of Directors approved an additional $50.0 billion in share repurchase authorization, without expiration.

NVIDIA (NVDA) Tops Q2 EPS by 4c, Offers Guidance

NVIDIA (NASDAQ: NVDA) reported Q2 EPS of $0.68, $0.04 better than the analyst estimate of $0.64. Revenue for the quarter came in at $30 billion versus the consensus estimate of $28.68 billion.

GUIDANCE:

NVIDIA sees Q3 2025 revenue of $32.5 billion, versus the consensus of $31.85... More

NVIDIA (NVDA) call put ratio 1.5 calls to 1 put with a focus on August 30 weekly 125 calls

NVIDIA (NASDAQ: NVDA) August weekly call option implied volatility is at 194, September is at 77; compared to its 52-week range of 33 to 89 into the expected release of quarter results today after the bell. Call put ratio 1.5 calls to 1 put.

Active options: NVDA TSLA AAPL SMCI PDD AMD AMZN CHWY PLTR

Active options: NVDA TSLA AAPL SMCI PDD AMD AMZN CHWY PLTR

NVIDIA (NVDA) call put ratio 1.3 calls to 1 put into quarter results

NVIDIA (NASDAQ: NVDA) August weekly call option implied volatility is at 180, September is at 74; compared to its 52-week range of 33 to 89 into the expected release of quarter results today after the bell. Call put ratio 1.3 calls to 1 put.

Warren Buffett's Berkshire joins the $1 trillion club

Investing.com -- Warren Buffett's Berkshire Hathaway (NYSE: BRKa) reached a historic milestone on Wednesday, becoming the first non-technology company in the U.S. to achieve a $1 trillion market capitalization.

The Omaha-based conglomerate's stock has surged over 30% in 2024, significantly outpacing the S&P 500. This impressive feat comes just days before Buffett, often referred to as the 'Oracle (NYSE:... More

Active options: NVDA TSLA AAPL SMCI PDD AMD CHWY SIRI ENPH ASTS

Active options: NVDA TSLA AAPL SMCI PDD AMD CHWY SIRI ENPH ASTS

Nvidia earnings: 'Godfather of AI on deck; Get the popcorn out'

Investing.com -- Nvidia (NASDAQ: NVDA) is set to deliver what Wedbush analysts described in a note on Wednesday as "the most important earnings report for the stock market this year, and potentially in years."

Wedbush says the "Godfather of AI," Nvidia's CEO Jensen Huang, is expected to provide crucial insights into the state of the AI revolution, which has made Nvidia's GPUs the foundation of a projected $1 trillion AI... More

Goldman Sachs Shares 2 Idiosyncratic Trade Ideas off NVIDIA (NVDA) Earnings, Buy Calls on Dollar General (DG) and BioMarin Pharma (BMRN)

Goldman Sachs Shares 2 Idiosyncratic Trade Ideas off NVIDIA (NASDAQ: NVDA) Earnings, Buy Calls on Dollar General (NYSE: DG) and BioMarin Pharma (NASDAQ: BMRN).

The analyst comments "The moves in macro assets on NVDA earnings demonstrates the importance of the AI theme and NVDA as the most important bellwether in the market. While NVDA options are implying a +/- 10% move following... More

NVIDIA (NVDA) call put ratio 1.6 calls to 1 put into quarter results

NVIDIA (NASDAQ: NVDA) August 30 weekly 129 straddle priced for a move of 10% into the expected release of quarter results after the bell on August 28. Call put ratio 1.6 calls to 1 put.

US futures tick lower as Nvidia earnings loom

Investing.com-- U.S. stock index futures fell in evening deals on Tuesday, with heavyweight technology stocks remaining fragile in anticipation of earnings from Nvidia- which are set to shed more light on the AI trade. 

A rotation out of tech picked up this week amid growing conviction that the Federal Reserve will cut interest rates in September. This notion also supported flows into more economically sensitive sectors, which put Wall Street indexes at record highs.

S&P 500 Futures fell 0.2% to 5,633.25 points, while Nasdaq 100 Futures fell 0.4% to 19,576.0 points by 19:30 ET (23:30 GMT). Dow Jones Futures... More

Active options: NVDA TSLA AAPL PDD AMZN AMD SMCI MARA INTC

Active options: NVDA TSLA AAPL PDD AMZN AMD SMCI MARA INTC

Nvidia results could spur record $300 billion swing in shares, options show

By Saqib Iqbal Ahmed

NEW YORK (Reuters) - Traders in the U.S. equity options market are expecting Nvidia's upcoming earnings report to spark a more than $300 billion swing in the shares of the world's most dominant artificial intelligence chipmaker.

Options pricing shows that traders anticipate a move of around 9.8% in the companys shares on Thursday, a day after it reports earnings, data from analytics firm ORATS showed. That's larger than the expected move ahead of any Nvidia report over the last three years and well above the stock's average post-earnings move of 8.1% over that same... More

NVIDIA (NVDA) call put ratio 1.3 calls to 1 put into quarter results

NVIDIA (NASDAQ: NVDA) August weekly call option implied volatility is at 140, September is at 74; compared to its 52-week range of 33 to 89 into the expected release of quarter results after the bell on August 28. Call put ratio 1.3 calls to 1 put.

Active options: NVDA TSLA AAPL AMD AMZN SMCI ATUS PDD

Active options: NVDA TSLA AAPL AMD AMZN SMCI ATUS PDD

Super Micro (SMCI) stock slides 8% after short seller Hindenburg attack

Super Micro Computer (NASDAQ: SMCI) shares fell about 8% in premarket trading Tuesday following the release of a critical report by short seller Hindenburg Research.

The research firm highlighted several concerns regarding the company's accounting practices and corporate governance, which could raise red flags among investors and shareholders.

SMCI, a server maker valued at $35 billion, has been under scrutiny since a 2018 delisting from Nasdaq for not filing financial statements.... More

Mizuho's Klein discusses selloff in Micron Technology (MU), memory stocks

Mizuho trade desk analyst Jordan Klein on Micron Technology (NASDAQ: MU): "Memory stocks (and LRCX) were not acting well before I left last week on talk of weaker PC, smartphone sell through resulting in price weakness in conventional (i.e., consumer focused) DRAM. End of last week, Mizuhos memory guru in Asia (Marcus Shin) came out with a cautious DRAM update, lowering his ASP estimates vs prior and calling for a more severe downtick in conventional DRAM pricing Q125 that in his view would push the DRAM sector into a... More

NVIDIA (NVDA) PT Raised to $145 at Truist Securities

Truist Securities analyst William Stein raised the price target on NVIDIA (NASDAQ: NVDA) to $145.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "Fundamental and sentimental factors appear to be still improving. Ahead of NVDA's CQ2 (July), our regular dialog with component buyers &... More

NVIDIA (NVDA) calls more active than puts into quarter results

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 72; compared to its 52-week range of 32 to 89 into expected release of quarter results after the bell on August 28. Call put ratio 1.6 calls to 1 put.

Stocks expected to have increasing option volume: NVDA DELL TCOM BABA JD PDD KWEB ASHR

Stocks expected to have increasing option volume: NVDA DELL TCOM BABA JD PDD KWEB ASHR