NVIDIA (NVDA) Raises Stock Buyback Plan to $15 Billion
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Benchmark Assumes NVIDIA (NVDA) at Buy, 'Strong Quarter but Weakness in China and Russia not Surprising'
May 26, 2022 7:22 AM EDTBenchmark analyst Cody Acree assumes coverage on NVIDIA (NASDAQ: NVDA) with a Buy rating and a price target of $228.00.
The analyst comments "We are assuming coverage with a Buy Rating and setting a $228 price target, down from $365. NVDA turned in another strong quarter with record quarterly revenue from Data Center and Gaming both growing solidly QoQ and YoY, offsetting Auto softness on new product transitions and ongoing OEM production headwinds and a sequential decline in Professional Visualization, as... More
NVIDIA (NVDA) Falls on Downbeat Guidance, Evercore ISI Remains a Buyer as Shares Trade Near an 'Estimated Floor of $150'
May 26, 2022 6:22 AM EDTShares of Nvidia (NASDAQ: NVDA) are down more than 5.5% in premarket trading Thursday after the tech giant issued downbeat revenue guidance.
Nvidia reported Q1 adjusted EPS of $1.36, topping the consensus estimates of $1.30. Revenue came in at $8.29 billion, up 46% YoY and above the analyst consensus of $8.1 billion.
The company generated $3.75 billion in data center revenue, up 83% YoY, beating the expected $3.62 billion. Gaming revenue stood at $3.62 billion in the quarter, up 31% YoY and also above the consensus projection of $3.53 billion.
Nvidia reported an adjusted gross margin of 67.1% in the period, compared to... More
Nvidia says video gaming market slowing; shares drop 7%
May 25, 2022 4:26 PM EDTBy Chavi Mehta and Jane Lanhee Lee
(Reuters) -Chip designer Nvidia Corp forecast its sales of video game chips would decline in the current quarter, and startled some analysts by laying out new supply-chain issues resulting from China's COVID-19 lockdowns.
Chief Executive Jensen Huang told Reuters that Nvidia's gaming business revenue will post a percentage drop in the mid-teens for the current quarter compared with the previous quarter.
"Overall the gaming market is slowing," Huang said. Based on the softer market demand, Nvidia has chosen to reduce what it sells into the China market, he... More
Nasdaq Futures Decline Following Worse Than Expected Q2 Guidance From NVIDIA (NVDA)
May 25, 2022 4:25 PM EDTNasdaq Futures Decline Following Worse Than Expected Q2 Guidance From NVIDIA (NASDAQ: NVDA)
... MoreNVIDIA (NVDA) Tops Q1 EPS by 7c, Q2 Revenue Guidance Misses
May 25, 2022 4:22 PM EDTNVIDIA (NASDAQ: NVDA) reported Q1 EPS of $1.36, $0.07 better than the analyst estimate of $1.29. Revenue for the quarter came in at $8.29 billion versus the consensus estimate of $8.12 billion.
GUIDANCE:
NVIDIA sees Q2 2023 revenue of $8.1 billion, versus the consensus of $8.45... More
