Zacks Research Comments on NVIDIA Co.'s FY2027 Earnings (NASDAQ:NVDA)

• Adobe Stock Analysis: Performance, Trends, and Investment Insight

NVIDIA Co. (NASDAQ:NVDA - Free Report) - Zacks Research raised their FY2027 earnings per share (EPS) estimates for NVIDIA in a note issued to investors on Monday, April 29th. Zacks Research analyst A. Bhagat now forecasts that the computer hardware maker will post earnings per share of $27.79 for the year, up from their prior forecast of $27.74. The consensus estimate for NVIDIA's current full-year earnings is $22.55 per share.

Other research analysts have also issued research reports about the company. Sanford C. Bernstein raised their price objective on NVIDIA from $700.00 to $1,000.00 and gave the company an "outperform" rating in a research report on Thursday, February 22nd. Oppenheimer lifted their price target on NVIDIA from $850.00 to $1,100.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 20th. KeyCorp lifted their price target on NVIDIA from $1,100.00 to $1,200.00 and gave the stock an "overweight" rating in a research report on Monday, April 8th. Wells Fargo & Company lifted their price target on NVIDIA from $840.00 to $970.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 19th. Finally, JPMorgan Chase & Co. lifted their price target on NVIDIA from $650.00 to $850.00 and gave the stock an "overweight" rating in a research report on Thursday, February 22nd. Four analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, NVIDIA currently has an average rating of "Moderate Buy" and an average target price of $941.55.

• IBM Sings the Blues on Mixed Pockets of Strength

Check Out Our Latest Analysis on NVIDIA

NVIDIA Trading Down 1.5 %

Shares of NVIDIA stock opened at $864.02 on Wednesday. The firm has a market cap of $2.16 trillion, a price-to-earnings ratio of 72.36, a PEG ratio of 1.26 and a beta of 1.73. The business has a 50-day moving average price of $860.82 and a 200-day moving average price of $643.52. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20. NVIDIA has a twelve month low of $272.40 and a twelve month high of $974.00.

• Microsoft Analysis: Trends, Predictions & Investment Insight

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, beating analysts' consensus estimates of $4.21 by $0.95. The firm had revenue of $22.10 billion during the quarter, compared to analyst estimates of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The business's quarterly revenue was up 265.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.65 earnings per share.

Institutional Investors Weigh In On NVIDIA

A number of large investors have recently made changes to their positions in the stock. LFA Lugano Financial Advisors SA purchased a new stake in NVIDIA in the fourth quarter valued at $28,000. Criterion Capital Advisors LLC purchased a new stake in NVIDIA in the fourth quarter valued at $28,000. Your Advocates Ltd. LLP purchased a new stake in NVIDIA in the third quarter valued at $30,000. Able Wealth Management LLC purchased a new stake in NVIDIA in the fourth quarter valued at $32,000. Finally, Trivant Custom Portfolio Group LLC boosted its holdings in NVIDIA by 44.1% in the third quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker's stock valued at $43,000 after purchasing an additional 30 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 5,000 shares of the business's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $800.74, for a total value of $4,003,700.00. Following the completion of the transaction, the director now owns 1,119,583 shares of the company's stock, valued at $896,494,891.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director John Dabiri sold 128 shares of the company's stock in a transaction on Monday, March 25th. The stock was sold at an average price of $940.00, for a total transaction of $120,320.00. Following the transaction, the director now directly owns 2,055 shares of the company's stock, valued at $1,931,700. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 5,000 shares of the company's stock in a transaction on Monday, February 26th. The stock was sold at an average price of $800.74, for a total value of $4,003,700.00. Following the transaction, the director now directly owns 1,119,583 shares in the company, valued at $896,494,891.42. The disclosure for this sale can be found here. Insiders sold 61,278 shares of company stock valued at $52,689,898 over the last 90 days. Corporate insiders own 3.99% of the company's stock.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. The ex-dividend date was Tuesday, March 5th. NVIDIA's dividend payout ratio (DPR) is 1.34%.

About NVIDIA

(Get Free Report)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Recommended Stories

• Five stocks we like better than NVIDIA
• How to Calculate Stock Profit
• Amazon Stands Tall: New Highs Are in Sight
• What is a Bond Market Holiday? How to Invest and Trade
• Chesapeake Energy Stock is The Energy Play, Earnings Confirm
• Canadian Penny Stocks: Can They Make You Rich?
• 5 Aerospace & Defense Stocks Ready for Liftoff

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ READ THIS – If You Missed Out On The AI Boom (From Banyan Hill Publishing) (Ad)

Should you invest $1,000 in NVIDIA right now?

Before you consider NVIDIA, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVIDIA wasn't on the list.

While NVIDIA currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here