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NVIDIA Corporation (NVDA)

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903.56+1.06 (+0.12%)
At close: 04:00PM EDT
901.49 -2.07 (-0.23%)
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  • G
    Gene O
    NVIDIA Corporation (NASDAQ:NVDA) is ranked second on our list of 11 best growth stocks to buy according to Ray Dalio.
    “NVIDIA Corp. is the dominant supplier of Graphics Processing Units (GPUs) worldwide. NVIDIA’s GPUs are at the intersection of a number of important computing trends including the movement to the Cloud, artificial intelligence, autonomous vehicles, edge computing, gaming, and more. We previously owned NVIDIA and sold it in the third quarter of 2020 as the price to value gap closed and our margin of safety was reduced. As with all our MVP companies, we continued to follow NVIDIA closely. Since that time, NVIDIA reported excellent results and its value has compounded rapidly. The technology selloff at the beginning of the year negatively affected the stock price while our estimate of NVIDIA’s value per share increased. This happy combination of events created a margin of safety and an opportunity to once again add NVIDIA to the portfolio.”
  • K
    Kevin
    Christopher Rolland of Susquehanna Financial Group, who wrote that NVDA saw a record quarter across at least two of its main end-markets: data center and gaming. He added that the growth in the former is expected to continue performing well into the fourth quarter. According to the analyst, “Data Center was driven by hyperscalers for cloud computing, natural language processing, and deep recommender models, while Enterprise continues to be driven by vertical industries.” 
    Rolland rated the stock a Buy, and provided a price target of $360.  
    The tech company is also experiencing high demand for its networking solutions, with “higher momentum for their ethernet [network interface controllers], Quantum 2 switches, and Bluefield 3 [data processing units].”  
    While the firm’s gaming segment remained productive this past quarter, Rolland said that the industry’s growth itself is difficult to predict. However, the company’s graphics processing unit, or GPU, inventory could still benefit from an increase in its supply. This instance is anticipated by Rolland as a potential future tailwind come 2022. 
    Rolland remained confident in NVDA, and views it as a “pure and levered way to invest in the future prospects of the GPU, a device we believe is undergoing a renaissance.” 
    TipRanks rates over 7,000 analysts, and currently places Rolland at No. 6. His stock ratings have been successful 87% of the time, and have returned an average of 56.9% each.
  • A
    AIRoboInvestor17
    Micron guides positively on game console sales and data centers - link

    “First, we expect the data center outlook to remain healthy. Second, we expect smartphone and consumer end-unit sales to continue to improve,” Micron Chief Executive Officer Sanjay Mehrotra said.

    New video game consoles will also drive demand for Micron’s DRAM and NAND chips, he added, while noting that short-term visibility is limited due to the pandemic, trade tensions and macro-economic uncertainty.

    https://finance.yahoo.com/news/micron-gives-bullish-revenue-forecast-202107311.html
  • H
    Hellrai$er - man, myth, legend!
    You gonna wanna read this;

    “Shares of Nvidia (NVDA) are on the rise on Thursday after Wells Fargo analyst Aaron Rakers raised his price target on the stock to $320. The analyst expects the company to officially launch the general availability of Omniverse Enterprise next week at GTC 2021. The analyst told investors that he believes Nvidia Omniverse Enterprise represents a "significant" platform expansion strategy for the company, which also entails a deepening recurring software story.

    'SIGNIFICANT' METAVERSE EXPANSION STRATEGY: Wells Fargo analyst Aaron Rakers raised the firm's price target on Nvidia to $320 from $245, while keeping an Overweight rating on the shares. The analyst notes Nvidia is expected to officially launch the general availability of Omniverse Enterprise next week at GTC 2021. He expects this to be one of the key highlights and sees Nvidia Omniverse as a key enabler/platform for the development of the Metaverse across a wide range of vertical apps, including industrial, manufacturing, design and engineering, autonomous vehicles/robotics, and more. Nvidia Omniverse Enterprise represents a "significant" platform expansion strategy for the company, which also entails a deepening recurring software story, Rakers contended, adding that the Omniverse Enterprise also presents a halo effect to the company's product portfolio.

    The analyst noted that Omniverse is an open virtual platform that allows creators to collaborate in real-time physically accurate simulations/3D renderings. Nvidia more succinctly described it as a "platform for connecting 3D worlds in a shared virtual universe." The key technology powering Omniverse is Nucleus - a database engine that allows client applications to share and modify 3D assets and scene descriptions. Nucleus is based on Pixar's open Universal Scene Description technology, which provides a common language for defining digital assets. Rakers pointed out that Nvidia released an open beta of Omniverse in December 2020, and announced coming general availability of Omniverse Enterprise in April 2021. Omniverse Enterprise subscription starts at $9,000 per year for a workgroup of two creators, 10 reviewers, and 4 Nucleus subscriptions.”
  • j
    john
    Expect to see a lot of shorts on the message board today with fear mongering.

    Facts:NVDA posted blowout earnings but being pulled back with over all market from 614 to current price.
    It dropped 3 straight days with yesterday down 5% alone with extended hours . These fast drops are usually met with big bounce backs especially after 3 days in a roll and now Friday with options expiring. And with Nasdaq down around 10% level as of yesterday, its due for a sharp bounce. Good Luck.

    Blowout earnings on all metrics:

    Adjusted EPS was $2.18 vs. the $1.24 analysts expected.
    Record revenue exceeded analyst expectations.
    Adjusted gross margin was much higher than analysts expected.
    Recently acquired Mellanox Technologies Ltd. helped drive revenue growth.
  • G
    Giuseppe
    On April 12, 2021 Nvidia announced that revenue was tracking above 2022 outlook. This was a full 6 weeks before the May 26, 2021 financial results for Q1 2022. We are within range of 6 weeks before the expected Q2 2022 results between August 17 and 23. If there was another significant upward guidance revision, we should expect some news within the next 7 days. This would add rocket fuel to the upcoming split on July 19-20.
    NVIDIA's goal is to be EVERYWHERE, be part of everyone's lives in some way. I don't fret over some down days in stock price because I really don't care. I am not a day trader. There is a long term vision and I am glad to be part of this journey. Some contributors on this conversation are wondering if the NVDA stock price will follow either Apple or Tesla post-split. NVIDIA will have its own trajectory and could possibly be better than Tesla's trajectory over the long term. One thing is for sure. With the large number of catalysts coming up in various industries, NVIDIA is in a great position to benefit. And a 1T market cap in 2022/2023 is definitely within reach. GLTA!
  • G
    Gary A
    $AMD conversation
    Lisa Su at AMD and Jensen Huang at $NVDA offer investors some the best corporate leadership I've seen in decades of active trading and investing. The future will be defined by the innovations at AMD and Nvidia. Buy and hold positions in both companies.
  • E
    Edward
    Another huge volume day. Over 4 million shares traded vs. 8 million ave. 30 day. And we're only 40 minutes into trading. Announcements today + just sheer excitement over this WINNER company is inviting many more new investors to this name. Glad I bought for both my regular and IRA accounts at $165 a share.
  • R
    Robert S
    From Cramer investment club regarding Nvidia earnings: Why Nvidia's incredible growth story is still in the very early innings. "Huang’s commentary around “Omniverse Avatar.” On the call, Huang commented that while many people think of robots as physical creations, he believes that the largest application of robot technology will be in the from of avatars, commenting, “we built Omniverse Avatar to make it easy for people to integrate some amazing technology from Consumer Vision speech recognition, natural language understanding, gesture recognition, facial animation synthesis, recommender systems, all of that integrated into one system and running in real in time. That avatar system is essentially a robotic system. And the way that you would do that is, for example, the 25 million-or-so retail stores, restaurants, places like airports and train stations and office buildings and such, where you're going to have intelligent avatars doing a lot of assistance? They might be doing a check out, they might be doing check in, they might be doing giving customer support. And all of that could be done with Avatars.”

    Now, while that may sound incredibly ambitious — and it is — what is important to note is that Nvidia has already built most of the technology required to make this a reality in front of our very eyes, and Omniverse Avatars are really just the realization of all the company's existing software stacks. For example, some of the parts of an Omniverse Avatar include the Merlin recommender software, Megatron the large language model, Riva the speech AI, Phase eye tracking technology, the company’s slew of computer vision AI software stacks, the natural speech synthesis technology that we see every year at GTC when “I AM AI” takes us through the opening credits.

    What this all amounts to is a potentially massive licensing opportunity for Nvidia with Huang stating that an Omniverse Avatar could cost say $1,000 per year (not a bad salary from an employer’s point of view). Now multiply that cost per avatar per year by say “25 million or so places where you would have a digital Avatar as customer support or checkout, smart retail, smart warehouse, smart whatever it is.” Then add in the fact that you have some 100 million cars, each of which can potentially have something like an Omniverse Avatar. Of course it doesn’t end there with Huang adding that “then, of course, behind all of that, call it a couple of hundred million digital agents, intelligent agents in robots and Avatars, at $1,000 per agent, per year, behind it are NVIDIA GPUs and PCs. NVIDIA GPUs in the cloud and NVIDIA GPUs for Omniverse servers.” Start doing the math and you realize that Jensen is targeting a recurring revenue opportunity north of $100 billion per year! No wonder, Huang called it “one of the largest opportunities we've ever seen.”

    Of course, while that sounds incredible, what matters to Wall Street is when we might actually see those revenues materialize. In Huang’s view, it won’t be that far into the future, commenting, that in his view we can see these Omniverse Avatars, which don’t make mistakes, never get tired and are always on “in drive-throughs of restaurants, fast food restaurants, checkouts of restaurants in retail stores all over the world within less than 5 years.”

    Now consider that potential revenue stream along with the ~90% of servers that have yet to implement GPU acceleration technology, growing adoption of gaming, rapid growth we are seeing on the pro visualization front and the fact that the automotive segment is still in its infancy, and compare that upside to the ~$26 billion analysts expect Nvidia to generate this year and you start to realize that as incredible as the growth story at Nvidia has been to date, we are still in the very early innings."
  • D
    DonSanPablo
    Why buy NVIDIA here and now into their earnings carries a substantial multiple on their guidance referencing the datacenter, EVs, metaverse, ARM Holding, AI, and gaming. Most if not all of what will continue to evolve in technology and much of all before, during the pandemic, and the other side of the reopening NVIDIA will continue to be linked to each. Additionally what will the economy in the supply chain and level of employment will too require NVIDIA's current and new solutions for addressing the financial markets.

    In my view, the pullback was an absolute gift for anyone wanting to accumulate or buy a continued hold best in its class of what I consider NVIDIA to be a very solid incremental winner for years ahead.
  • 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.
  • B
    Bobby
    Lam Research Corporation
    Just take a step back and take a look at what is going on....fabless companies $NVDA $AMD and now $QCOM all reporting incredible ER's with tremendous growth WITH very positive guidance going forward. Semi manufactures like $TSM $TXN all reporting beats with significant growth and constantly guiding upwards with positive outlooks going forward. Other manufacturers like $QRVO and $SWKS will likely reports similar strong ER's this week. Semi equipment companies like $ASML (destroyed earnings) $LRCX $AMAT are and will likely continue reporting even more significant earnings and growth due to unprecedented demand. The semiconductor industry is looking outstanding right now and has an even brighter future. ER's are reflecting this nicely. I'm severely bullish on this industry right now and many of the stocks, particularly semi equipment stocks are looking like value plays ($AMAT and $LRCX especially undervalued).
  • M
    Mario aka dos
    may have been posted already...Nvidia called a 'top compute pick' after CFO call at BofA 09:52 NVDA BofA analyst Vivek Arya reiterates a Buy rating on Nvidia with a $375 price target after hosting an investor call with the company's CFO, Colette Kress. The analyst "heard confidence around momentum" heading into 2022 across gaming, data center and "nascent omniverse/autos opportunities." Capacity remains a bottleneck, with demand outpacing supply throughout 2021, especially in gaming, though management noted they are working hard on securing supply and they expect constraints to ease in the second half of 2022, Arya tells investors in a research note. The analyst calls Nvidia a "top compute pick" and continues to believe the company is best positioned to "address several of the most important, multi-decade secular growth opportunities."
  • H
    Hellrai$er - man, myth, legend!
    NVIDIA and Palo Alto Networks Boost Cyber Defenses with DPU Acceleration

    NVIDIA BlueField-2 enables 5x acceleration for Palo Alto Networks’ virtual next-generation firewall.

    Cybercrime cost the American public more than $4 billion in reported losses over the course of 2020, according to the FBI.

    To stay ahead of emerging threats, Palo Alto Networks, a global cybersecurity leader, has developed the first virtual next-generation firewall (NGFW) designed to be accelerated by NVIDIA’s BlueField data processing unit (DPU).

    The DPU accelerates packet filtering and forwarding by offloading traffic from the host processor to dedicated hardware that is separate from the server CPU. The solution delivers the intrusion prevention and advanced security capabilities of Palo Alto Networks’ virtual NGFWs to every server without sacrificing network performance. It also allows network flows that were previously impossible or impractical to inspect by intelligently screening the relevant parts of the flow and offloading the rest to the DPU.

    This hardware-accelerated software NGFW is a milestone in boosting software firewall performance and maximizing data center security coverage and efficiency by being first to market to be accelerated by a DPU.

    The recently announced DPU-enabled Palo Alto Networks VM-Series NGFW uses zero trust network security principles. The DPU operates as an intelligent network filter to parse, classify and steer traffic flows with zero ReCPU overhead, which enables the NGFW to support close to 100Gb/s throughput for typical use cases. This is a 5x performance boost versus running the VM-Series firewall on a CPU alone — and up to 150 percent capex savings compared to legacy hardware.

    “As enterprises and telcos build cloud-like data centers, they need the agility and automation of the cloud without compromising performance. Together with NVIDIA, we are turbocharging our VM-Series virtual ML-powered NGFWs,” said Muninder Singh Sambi, senior vice president of Products at Palo Alto Networks. “The industry-leading NVIDIA BlueField DPU is ideal for cybersecurity solutions operating in cloud-like environments.”

    The first BlueField-enabled NGFW to market, the VM-Series enables application-aware segmentation, prevents malware, detects new threats and stops data exfiltration with the BlueField DPU offloading the host processor to accelerate packet filtering and forwarding functionality.

    https://blogs.nvidia.com/blog/2021/07/12/palo-alto-networks-cyber-defenses/
  • 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."
  • 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.
  • '
    '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!
  • L
    LarryB
    I love Nvidia. CEO Jensen is a great believer in diversification, keeps climbing higher all over the place and you can see his bets are succeeding wonderfully. There is no doubt this will definitely become a trillion dollar company in spite of the volatility like today's. This stock is gold and I'm here for the long ride.
  • C
    Christopher
    Great company ! Huge news coming with earnings !!
  • T
    T.
    These are different times and a different market. When some analysts say a stock is overbought based on fundamentals that were created a century ago. We heard that about Tesla from the beginning. Buyers today put a huge premium on break through life changing technology. This is a company that is at the spearpoint of articifical intelligence, computer graphics and more that is rapidly changing and developing. Profits are already there and increasing exponetially.