NVIDIA Co. (NASDAQ:NVDA) Expected to Post FY2027 Earnings of $27.42 Per Share

NVIDIA Co. (NASDAQ:NVDAFree Report) – Analysts at Zacks Research raised their FY2027 earnings per share (EPS) estimates for shares of NVIDIA in a research report issued on Monday, April 1st. Zacks Research analyst A. Bhagat now forecasts that the computer hardware maker will earn $27.42 per share for the year, up from their prior estimate of $26.72. The consensus estimate for NVIDIA’s current full-year earnings is $22.45 per share.

Several other equities research analysts have also recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on NVIDIA from $650.00 to $850.00 and gave the stock an “overweight” rating in a report on Thursday, February 22nd. Argus raised their price objective on NVIDIA from $850.00 to $950.00 and gave the stock a “buy” rating in a report on Wednesday, March 20th. Stifel Nicolaus reiterated a “buy” rating and issued a $910.00 target price on shares of NVIDIA in a report on Wednesday, March 20th. Rosenblatt Securities reiterated a “buy” rating and issued a $1,100.00 target price on shares of NVIDIA in a report on Tuesday, February 20th. Finally, Mizuho lifted their target price on NVIDIA from $850.00 to $1,000.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Four analysts have rated the stock with a hold rating, thirty-seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $908.68.

Read Our Latest Stock Analysis on NVDA

NVIDIA Price Performance

NVDA stock opened at $894.52 on Wednesday. NVIDIA has a 52-week low of $262.20 and a 52-week high of $974.00. The stock’s fifty day simple moving average is $784.77 and its 200-day simple moving average is $582.07. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $2.24 trillion, a price-to-earnings ratio of 74.92, a price-to-earnings-growth ratio of 1.30 and a beta of 1.73.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $20.40 billion. During the same quarter in the prior year, the firm earned $0.65 EPS. NVIDIA’s quarterly revenue was up 265.3% on a year-over-year basis.

NVIDIA Dividend Announcement

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

Insider Activity at NVIDIA

In other news, EVP Debora Shoquist sold 5,676 shares of NVIDIA stock in a transaction on Monday, January 8th. The shares were sold at an average price of $500.00, for a total transaction of $2,838,000.00. Following the transaction, the executive vice president now directly owns 48,360 shares of the company’s stock, valued at $24,180,000. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Director Mark A. Stevens sold 36,000 shares of the stock in a transaction on Friday, January 12th. The shares were sold at an average price of $546.95, for a total transaction of $19,690,200.00. Following the completion of the sale, the director now directly owns 1,134,583 shares in the company, valued at $620,560,171.85. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Debora Shoquist sold 5,676 shares of the firm’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $500.00, for a total transaction of $2,838,000.00. Following the completion of the transaction, the executive vice president now directly owns 48,360 shares in the company, valued at $24,180,000. The disclosure for this sale can be found here. Insiders sold a total of 116,352 shares of company stock valued at $74,815,227 over the last quarter. Corporate insiders own 3.99% of the company’s stock.

Hedge Funds Weigh In On NVIDIA

Several hedge funds have recently bought and sold shares of NVDA. United Bank boosted its holdings in shares of NVIDIA by 28.9% in the first quarter. United Bank now owns 7,717 shares of the computer hardware maker’s stock worth $2,106,000 after buying an additional 1,730 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in NVIDIA by 6.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,904,772 shares of the computer hardware maker’s stock worth $1,065,457,000 after purchasing an additional 249,045 shares during the last quarter. MAS Advisors LLC grew its holdings in shares of NVIDIA by 42.1% during the first quarter. MAS Advisors LLC now owns 1,967 shares of the computer hardware maker’s stock valued at $545,000 after buying an additional 583 shares during the last quarter. Navis Wealth Advisors LLC lifted its position in NVIDIA by 205.3% during the first quarter. Navis Wealth Advisors LLC now owns 2,900 shares of the computer hardware maker’s stock valued at $791,000 after purchasing an additional 1,950 shares during the period. Finally, Ergoteles LLC acquired a new position in shares of NVIDIA in the first quarter worth about $929,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Company Profile

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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.

Further Reading

Earnings History and Estimates for NVIDIA (NASDAQ:NVDA)

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