MKM Partners Raises Price Target on NVIDIA (NVDA) Following 1Q Beat

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UBS Raises Price Target on NVIDIA (NVDA) to $43 Following 1Q Report

May 13, 2016 9:47 AM UTC

UBS reiterated a Buy rating on NVIDIA (NASDAQ: NVDA), and raised the price target to $43.00 (from $40.00), following the company's 1Q earnings report. NVDA reported revenue of $1.31B , as well as an EPS of $0.46. Results were driven by better than expected data center Tesla chip sales of $143M. UBS is expecting further upside in data center sales.... More

Pre-Open Stock Movers 05/13: (RUN) (NVDA) (SHAK) Higher; (CFMS) (TTPH) (JWN) (JCP) Lower (more...)

May 13, 2016 9:30 AM UTC

Today's Pre-Open Stock Movers:

ConforMIS Inc (NASDAQ: CFMS) 40.7% LOWER; reported Q1 EPS of ($0.37), $0.01 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $20.3 million versus the consensus estimate of $19.23 million. GUIDANCE: ConforMIS Inc sees FY2016 revenue of $76-81 million, versus the consensus of $85.8 million.

Tetraphase Pharmaceuticals, Inc. (NASDAQ: TTPH) 22.7% LOWER; announced that it has received guidance from the U.S. Food... More

nVIDIA (NVDA): A Play On 4 Secular Trends - Jefferies

May 13, 2016 8:06 AM UTC

Jefferies analyst, Mark Lipacis, believes 3 of the 4 trends he identified as benefiting nVIDIA (NASDAQ: NVDA) drove the upside in the quarter: Datacenter (up 63% YY), Gaming (up 17% YY) and Auto (up 47% YY). The fourth, VR headset ramps could begin to contribute in the second half of... More

NVIDIA (NVDA) Delivers Another Great Quarter - Wedbush

May 13, 2016 7:32 AM UTC

Wedbush analyst Betsy Van Hees thinks that valuation for NVIDIA (NASDAQ: NVDA) is no longer looking stretched after the quarter, making it likely that the stock presses higher.

NVIDIA should continue to benefit from:

1) pervasive and macro resilient growth in PC... More

Topeka Capital Upgrades NVIDIA (NVDA) to Buy

May 13, 2016 7:31 AM UTC

Topeka Capital upgraded NVIDIA (NASDAQ: NVDA) from Hold to Buy with a price target of $44.00.

For an analyst ratings summary and ratings history on NVIDIA click here. For more ratings news on NVIDIA click here.

Shares of NVIDIA closed at $35.57 yesterday.

... More

Roth Capital Upgrades NVIDIA (NVDA) to Buy

May 13, 2016 7:30 AM UTC

Roth Capital upgraded NVIDIA (NASDAQ: NVDA) from Neutral to Buy with a price target of $40.00.

For an analyst ratings summary and ratings history on NVIDIA click here. For more ratings news on NVIDIA click here.

Shares of NVIDIA closed at $35.57 yesterday.

... More

Wall Street drops at end of tough week for retailers

May 13, 2016 7:23 AM UTC

By Noel Randewich

(Reuters) - U.S. stocks fell on Friday as a decline in oil prices added to pressure from consumer companies after gloomy quarterly reports from Nordstrom and J.C. Penney overshadowed upbeat April retail sales data.

The decline in the department stores' shares marked the end of a week that highlighted the expanding clout of Amazon.com (NASDAQ: AMZN) and the plight of brick-and mortar retailers struggling to keep up with the online seller.

Crude prices slipped as a stronger dollar weighed and investors cashed in on... More

NVIDIA (NVDA) volatility elevated into shares rally to record on Q1 results and outlook

May 13, 2016 6:29 AM UTC

NVIDIA (NASDAQ: NVDA) is recently up $2.57 to $38.14 in the premarket after reporting Q1 EPS of 46c, compared to consensus 32c. Q1 revenue was $1.3B, verses consensus $1.26B. May weekly call option implied volatility is at 193, May is at 76, June is at 45; compared to its 52-week range of 23 to 68.

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NVIDIA (NVDA) PT Raised to $40 at RBC Capital

May 13, 2016 6:26 AM UTC

RBC Capital analyst Mitch Steves reiterated an Outperform rating and lifted his price target on NVIDIA (NASDAQ: NVDA) to $40.00 (from $36.00) following solid results and guidance driven by data center and gaming.

Stevens commented, "Nvidia reported a solid quarter from both a top and... More

After-Hours Stock Movers 05/12: (RUN) (NVDA) (SHAK) Higher; (CFMS) (TTPH) (JWN) Lower (more...)

May 12, 2016 6:14 PM UTC

Today's After-Hour Movers:

ConforMIS Inc (NASDAQ: CFMS) 36% LOWER; reported Q1 EPS of ($0.37), $0.01 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $20.3 million versus the consensus estimate of $19.23 million. GUIDANCE: ConforMIS Inc sees FY2016 revenue of $76-81 million, versus the consensus of $85.8 million.

Tetraphase Pharmaceuticals, Inc. (NASDAQ: TTPH) 26.2% LOWER; announced that it has received guidance from the U.S. Food and Drug Administration (FDA) regarding the regulatory path of the Companys lead candidate,... More

NVIDIA (NVDA) Tops Q1 EPS by 14c; Offers Strong Q2 Revenue Guidance

May 12, 2016 4:22 PM UTC

NVIDIA (NASDAQ: NVDA) reported Q1 EPS of $0.46, $0.14 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.26 billion.

GUIDANCE:

NVIDIA sees Q2 2017 revenue of $1.35 billion, versus the consensus of $1.28... More

Straddle prices for companies reporting financial results

May 12, 2016 2:54 PM UTC

Shake Shack (NASDAQ: SHAK) May weekly 34 straddle priced for 8.7% movement into Q1

Shake Shack (SHAK) Call/Put ratio is 1 call to 1.01 put

Nordstrom (NYSE: JWN) May 45 straddle priced for 9.8% movement into Q1
... More

NVIDIA (NVDA) May weekly volatility increases on active May 35 call and put volume into Q1 and outlook

May 12, 2016 12:16 PM UTC

NVIDIA (NASDAQ: NVDA) May weekly call option implied volatility is at 203, May is at 82, June is at 47; compared to its 52-week range of 23 to 68 into the expected release of Q1 results today after the market close.

... More

Advanced Micro Devices Taking Share From Nvidia - Wells Fargo (AMD) (NVDA)

May 12, 2016 8:27 AM UTC

Wells Fargo Analyst, David Wong, believes that AMD (NASDAQ: AMD) is taking graphics share from NVIDIA (NASDAQ: NVDA) and could pose a threat to upcoming earnings. No change to Outperform rating or $4-$4.50 price range.

AMD reported that in the March 2016 quarter it achieved double digits percent... More

Stocks with Implied Volatility Movement

May 12, 2016 6:21 AM UTC

NVIDIA (NASDAQ: NVDA) 44, Salesforce (NYSE: CRM) 41 implied volatility is above its IV index mean

Seagate (NYSE: STX) 48, Office Depot (NYSE: ODP) 65 implied volatility is below its... More

Stocks and options expected to be active

May 12, 2016 6:15 AM UTC

Stocks and options expected to be active: RL JCP NVDA KSS JWN JACK CA WB CMG SHAK WTW SYMC EWZ AMZN

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NVIDIA (NVDA) calls more active than puts into Q1 and outlook

May 11, 2016 2:43 PM UTC

NVIDIA (NASDAQ: NVDA) May weekly call option implied volatility is at 121, May is at 61, June is at 40; compared to its 52-week range of 23 to 68 into the expected release of Q1 results on May 12.

... More

Stocks with Implied Volatility Movement

May 11, 2016 7:11 AM UTC

Staples (NASDAQ: SPLS) 81, Office Depot (NYSE: ODP) 177 implied volatility is above its IV index mean:
Seagate (NYSE: STX) 48, Under Armour (NYSE: UA) 35 implied volatility is below its IV... More