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NVIDIA Corporation (NVDA)

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905.54-15.86 (-1.72%)
At close: 04:00PM EDT
904.20 -1.34 (-0.15%)
After hours: 07:59PM EDT
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  • M
    Mario aka dos
    reason for the uptick (may have been posted) Nvidia announces GeForce NOW cloud gaming platform 09:06 NVDA NVIDIA announced its next-generation cloud gaming platform, delivering GeForce RTX 3080-class gaming on GeForce NOW, available exclusively in a new, high-performance membership tier. The GeForce NOW RTX 3080 membership tier provides gamers with access to the greatest-ever generational leap in GeForce history, delivering cloud gaming's highest resolutions and fastest frame rates, paired with the lowest latency. Each cloud GeForce NOW SuperPOD consists of over 1,000 GPUs that deliver more than 39 petaflops of graphics horsepower. Each instance is 35 teraflops of performance, nearly 3x that of an Xbox Series X.
  • M
    Mucho
    Listening to Facebook’s ER conference call Zuckerberg kept talking about the Metaverse (augmented reality) which he believes (so does Apple) that it will be the next Big thing and Z. went on to say will be the successor to mobile internet. Facebook (and Apple, the two leaders) are spending Billions in this field. But to get to the point Zuckerberg singled out NVDA by name and said that their graphic chips are the key enabler for this technology. To show you how huge this market will become it is projected to grow at a compounded rate of 44% a year for the next 7 years. Massive. So add Augmented Reality to a long laundry list of drivers pushing the stock price up for NVDA in the coming months and years. 😎
  • B
    Ben
    Nvidia price target raised to $672 from $643 at Truist
    Truist analyst William Stein raised the firm's price target on Nvidia to $672 from $643 and keeps a Buy rating on the shares as part of a broader research note on semis. The analyst also selects the stock as one of his best growth ideas for 2021, highlighting the company for its opportunity in parallel compute applications like server acceleration / AI, gaming, and eventually autonomous driving. Stein adds that he sees Nvidia as being "driven less by the raw performance of its chips, and more by its culture of innovation, ecosystem of incumbency, and software investment".
  • M
    Max
    --Oppenheimer Adjusts Price Target for NVIDIA to $235 From $925 For 4:1 Stock Split, Maintains Outperform Rating

    GO NVDIA!
  • A
    Anonymous
    Definitely $250 plus by October 2021. If you look at the number of business days left in October 2021 it is easy to surmise that we will zoom pass $250 this month . But perhaps the other big indicator is the fact that quarterly results have been outstanding so far and the best is yet to come in terms of quarterly results. Thank you
  • e
    e2cn2y
    In case no one noticed, based on the closing price of $628, the TTM GAAP P/E dropped from 91 to 74 today. The TTM non-GAAP (adjusted) P/E would be 53. There are a lot of earnings currently “hidden” by various acquisition costs. Without those, the GAAP P/E would be a lot closer to that 53 number. Next quarter, the YoY improvement will be MUCH larger. Even with PPS appreciation, another large P/E drop will show up then.
  • A
    AIRoboInvestor17
    Big players have bought in a lot in the 520-530s range... Now is the time they will let the stock run much much higher to profit, I think... Same old same old. Best to the longs.
  • M
    Market Kibbles
    Nvidia easily beats earnings expectations on strong gaming and data center sales

    NVDA
    -3.12%
    Daniel Howley
    Daniel Howley·Technology Editor
    Wed, November 17, 2021, 1:24 PM
    In this article:

    NVDA
    -3.12%

    Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday beating analysts' predictions on the top and bottom line.

    Here are the most important numbers from the report compared to what Wall Street was expecting from the company, as compiled by Bloomberg.

    Revenue: $7.1 billion versus $6.81 billion expected.

    Earnings per share: $1.17 versus $1.11 expected.

    Gaming revenue: $3.22 billion versus $3.18 billion expected.

    Data Center revenue: $2.94 billion versus $2.69 billion expected.

    The company's stock was up more than 3% following the report.

    To say Nvidia has had an incredible run in 2021 would be an understatement. The company’s stock is up 125% year-to-date, and it’s fresh off of debuting new hardware and software related to its metaverse platform, called Omniverse, its self-driving vehicle initiatives, and its artificial intelligence work.

    But Nvidia, like other chipmakers, has also been stung by the chip shortage. The company’s consumer graphics cards are incredibly scarce thanks to a run on them by both cryptominers and resellers using bots to grab as many cards as possible.

    As a result, cards are selling for hundreds of dollars above their manufacturer’s suggested retail price. Cards that should cost $599 are going for well north of $1,000, and finding any near their original prices is a pointless endeavor.

    Nvidia still makes the majority of its cash on its games business, but the company’s data center arm has become increasingly important to the company’s future. The firm is a leader in large-scale artificial intelligence systems thanks to the power of its cards’ parallel processing, and it’s going to roll out its own CPU to ensure its data centers don’t have to use its competitors’ processors.

    But not everything is going well for Nvidia. The company’s $40-billion plan to purchase chip designer ARM has hit a regulatory wall in the U.K. where it’s undergoing an in-depth review. It also needs to get through regulators in both the U.S. and China, before it’s finalized. If it ever gets approved.

    Nvidia CEO Jensen Huang, told Yahoo Finance Live, however, that the company is prepared to move forward with or without ARM. And that it will continue to be successful regardless.

    “We would go forward very nicely as we’re going forward today,” Huang said. “So we support all CPUs. We love the flourishing of CPUs and the reason for that is because the CPU is the first chip in the system. It boots the operating system. And wherever there are CPUs there are opportunities for accelerated computing.”
  • E
    Edward
    Some advisory firm stated this is the best tech stock in the universe. Upgraded today.
  • J
    JeffG
    Tue, June 8, 2021, 6:25 PM

    5 star analyst, Evercore:

    C.J. Muse expects gaming revenues in CY21/CY22 will increase to $12.2 billion and 13.7 billion, respectively, which is 8% and 12% higher than consensus estimates. This should help the company generate EPS of $16.35 and $19.00, respectively, compared to the Street’s forecast of $15.32 and $17.09.
  • K
    Konstantinos
    Price Target (by 8/25/2021 post earnings): $900-$1135 ( or 225 - 285 post split )

    Obviously, this is not financial advise and does not constitute an investment recommendation.

    NVDA Bull Thesis:

    August EPS, assuming they just meet their projections and not crush again, will be 11.9 and a 75-95 P/E, which is where the stock has been trading at for the past year, would mean stock price at $900-$1135 ( or $225-285 post split)

    Read below to see why this may be a conservative target but would like to hear some more bullish or bearish thesis ( very hard to find )

    The trailing multiple may look high, but we are talking about a growth company, so it really doesn’t mean anything. The assumption that the stock will maintain or even exceed the previous levels of P/E is backed by the fact that there is nothing going against this company. All developments in the past months have only been positive to fuel a company that may top the large cap stocks in the few years to come. They are in the center of the most important themes for the next decade (Gaming, Data centers, Chips, Cloud, Artificial Intelligence, Autonomous Vehicles, Robotics, Crypto etc.) This company really is like an ETF by themselves. So this is why I don’t see the high trailing P/E as an issue at least until 2023+ . Wouldn’t surprise me if this stock trades higher than 100, it surely deserves it more than others! That PE can and does decrease fast after every earnings we get!

    Catalysts not priced in:

    ◦ UK ARM Deal Approval
    ◦ Benefits from 50B Infrastructure bill
    ◦ Dow Jones Inclusion

    Thoughts?
  • J
    JeffG
    I wasn't sure if all 4 were going to be NVDA-powered, but they are:

    Pulling away from the pack
    In an announcement today, NVIDIA says Leonardo will house over 14,000 of its data center GPUs, all stitched together using Mellanox networking hardware. In terms of capabilities for a supercomputer (that is, a really powerful data center), Leonardo will reportedly be able to handle a max of 10 exaflops of performance for high-performance computing tasks like AI. For reference, Fugaku delivers about 2 exaflops in comparable performance. One exaflop is equal to 1,000 petaflops and represents one quintillion floating-point operations per second. Suffice to say this will be a powerful computing system.

    Other supercomputers were homing in on the one-exaflop benchmark before NVIDIA's announcement. The U.S. Department of Energy's (DoE) Aurora, built with Intel's (NASDAQ:INTC) hardware, will max out at one exaflop. And the DoE's Frontier, using AMD (NASDAQ:AMD) chips, will be able to handle 1.5 exaflops.

    Both are set to begin operating next year. But Leonardo will be a monumental leap as data centers become a basic computing unit of the future. Italy's CINECA -- a tech consortium serving universities and other researchers -- is building Leonardo, along with three other NVIDIA-based supercomputers in the Czech Republic, Luxembourg, and Slovenia (with four more systems planned in Bulgaria, Finland, Portugal and Spain).
  • B
    Boris
    This is what I don't get:

    Right from the outset, it was evident that getting the Arm deal would be challenging. It could still happen, but it seems like a tall order. Still, anytime a recycled report in the media (Barron's, FT, etc) attesting to that fact comes out, nvda dips. How many more times should we see the news about UK having objections to deal? How many more times are they going to milk that old news?
  • D
    Darrel
    FYI Julia Boorstin, CNBC Sr. Media & Tech Reporter, on investing in the building blocks of what will be the future Metaverse this morning . . . "Perhaps the easiest way to invest is in the chips that will power the Metaverse. Bernstein (https://www.bernstein.com/) points to the potential for $NVDA, the world's largest graphics and AI chips maker and $QCOM with its Snapdragon XR platform that connects virtual and physical spaces. Bernstein does have an outperform rating on both of those stocks."
  • M
    Marie Kaledas
    Should you buy Nvidia stock? Here are the key numbers to look at now
    Mentioned:
    AMD AVGO INTC NVDA QCOM
    By Philip van Doorn

    Nvidia topped $5 billion in quarterly sales for the first time in the last quarter.

    Nvidia Corp. is a well-known company to technology enthusiasts and investors alike. If you are considering buying the stock -- or already own it -- this quarterly review of the key metrics can help you with your own research and decisions about the company as an investment.

    These updates will also include comparisons of results to other major players in the semiconductor space. Keep in mind that no two companies are alike -- even rivals don't compete in every segment. Any investor needs to do their own research to make informed long-term decisions.

    Where Nvidia fits in

    Nvidia (NVDA) is the predominant designer of graphics processing units (GPUs), which are the critical components of graphics cards used for high-end PC gaming and other graphically intense applications. Its main competitor for GPUs is Advanced Micro Devices Inc. (AMD), although Intel Corp. (INTC) is working on new products to compete in the space.

    The actual manufacturing of Nvidia's GPUs is handled by Taiwan Semiconductor Co. Ltd. (2330.TW).

    Nvidia has also been rapidly increasing its sales of CPUs for data-center processing and making moves to become more competitive in artificial intelligence-related (AI) areas as it waits for regulatory approval of its acquisition of Arm Holdings PLC. Jeremy Owens explains this complicated competition scenario
  • L
    LarryB
    I used to work as a clerk at UCLA. Years ago I got a tip from a UCLA student who was just out of his freshman year and had been investing for some time. As a lark I asked him what should I invest in? He said immediately "Nvidia. It's going to be big. Very big." So I took $3,000 and bought what I could at 149 per share. As of right now that $3,000 grew into $58,770.68. And I'm staying put and going long. Love this company.
  • M
    Mario aka dos
    not a bad summary before the ER/CC..."Nvidia (NVDA) is scheduled to report results of its third fiscal quarter after the market close on Wednesday, November 18, with a conference call scheduled for 5:00 pm ET. What to watch for:

    1. OUTLOOK: During the company's last earnings call, Nvidia said it sees third quarter revenue of $4.4B, plus or minus 2%, and third quarter adjusted gross margins of 65.5%, plus or minus 50 basis points. The company also said it expects gaming to be up 25% in the third quarter and expects operating expenses of $1.54B for the quarter.

    2. 'STRONG' QUARTERLY RESULTS EXPECTED: Truist analyst William Stein kept his Buy rating and $623 price target on Nvidia ahead of its earnings, saying the company should post a "strong" set of third quarter results and fourth quarter outlook, and also offer "strengthening" forecast for 2021 on the company's datacenter business. Stein added that the recent public and proprietary data points suggest "upward pressure" to Nvidia's earnings estimates for near, medium- and long-term, with the company retaining its leadership position in parallel compute for server acceleration and AI applications.

    3. ARM ACQUISITION: Back in September, Nvidia and SoftBank (SFTBY) announced a definitive agreement under which Nvidia will acquire Arm Limited from SoftBank and the SoftBank Vision Fund in a transaction valued at $40B. The transaction is expected to be immediately accretive to Nvidia's non-GAAP gross margin and non-GAAP earnings per share. SoftBank will remain committed to Arm's long-term success through its ownership stake in Nvidia, expected to be under 10%, the companies said. Under the terms of the transaction, which has been approved by the boards of directors of Nvidia, SoftBank and Arm, Nvidia will pay to SoftBank a total of $21.5B in Nvidia common stock and $12B in cash, which includes $2B payable at signing. The number of Nvidia shares to be issued at closing is 44.3M, determined using the average closing price of Nvidia common stock for the last 30 trading days.

    Additionally, SoftBank may receive up to $5B in cash or common stock under an earn-out construct, subject to satisfaction of specific financial performance targets by Arm. Nvidia will also issue $1.5B in equity to Arm employees. Nvidia intends to finance the cash portion of the transaction with balance sheet cash. The transaction does not include Arm's IoT Services Group.

    4. PARTNERSHIPS: On September 22, Li Auto (LI) announced a three-way strategic cooperation with Nvidia and Nvidia's Chinese partner, Huizhou Desay SV. Through this strategic cooperation, Li Auto will be the first OEM equipping its vehicles, the full-size extended-range premium smart SUV to be launched in 2022, with the Nvidia Orin SoC chipset. The Nvidia Orin SoC was released in 2019 and is scheduled to be in production in 2022. Orin uses a 7-nanometer production process to achieve a computing power of 200 TOPS, seven times that of the previous generation, the Xavier SoC. Even with the improvement in computing performance, Orin's baseline power consumption is 45 watts.

    Earlier this month, Nvidia and Hyundai Motor (HYMTF) announced that the automaker's entire lineup of Hyundai, Kia and Genesis models will come standard with NVIDIA DRIVE in-vehicle infotainment systems starting in 2022."
  • '
    'TIMOTHY
    NVDA is currently 4.13% below it’s all time high and my response to this pullback is below.
    ….
    'TIMOTHY2 days ago
    $NVDA conversation
    09/13/2021

    Buy 500 Shares of NVDA at Market (Day) Filled at $219.5847
    $109,792.35

    ….
    I will assess any pullback greater than 5% on seasonal negativity and add to my position.

    Volatility can be a good thing!
  • P
    PeterJa
    NVDA’s recent Q2 earnings, and bullish forward guidance is positive proof that the business has “leapfrogged into another level of outperformance, by having the right products at the right time to lead in another strong era of change —- in diverse tech sectors — sparked by the “compression of time” in an ongoing wave of innovation in the current global upgrade cycle!🤔📈🚀
    *** It’s from that perspective that NVDA is trading at a HUGE discount for the cognoscenti tech sector with a 3 to 5, or 8 year horizon!👌💪
  • C
    Chris Usiak
    Nvidia releases DLSS plugin for the unreal engine which is very significant. This will exponentially increase the amount of games that make use of the ground breaking feature and make Nvidia that much more the preferred choice for gamers.
    https://www.techquila.co.in/nvidia-dlss-unreal-engine-support-plugin/