NVIDIA (NASDAQ:NVDA) Posts Earnings Results, Misses Estimates By $0.06 EPS

NVIDIA (NASDAQ:NVDA) announced its quarterly earnings results on Wednesday. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06), RTT News reports. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. During the same period in the previous year, the company earned $0.61 earnings per share. NVIDIA updated its Q2 2026 guidance to EPS.

NVIDIA Price Performance

Shares of NVDA stock traded down $0.69 during trading hours on Wednesday, reaching $134.81. The company had a trading volume of 290,644,109 shares, compared to its average volume of 288,576,310. NVIDIA has a 12-month low of $86.62 and a 12-month high of $195.95. The company has a market capitalization of $3.30 trillion, a price-to-earnings ratio of 53.05, a PEG ratio of 1.76 and a beta of 2.11. The stock has a fifty day moving average of $114.51 and a 200-day moving average of $126.60. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10.

Insider Activity at NVIDIA

In other NVIDIA news, insider Donald F. Robertson, Jr. sold 4,500 shares of the company’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $525,600.00. Following the transaction, the insider now directly owns 479,428 shares in the company, valued at $55,997,190.40. This represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Aarti S. Shah sold 20,000 shares of the company’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $118.42, for a total value of $2,368,400.00. Following the transaction, the director now owns 53,208 shares in the company, valued at $6,300,891.36. This trade represents a 27.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 147,147 shares of company stock worth $17,133,207. Insiders own 4.17% of the company’s stock.

Institutional Trading of NVIDIA

Several hedge funds have recently modified their holdings of the stock. Stuart Chaussee & Associates Inc. raised its stake in NVIDIA by 48.9% in the first quarter. Stuart Chaussee & Associates Inc. now owns 2,047 shares of the computer hardware maker’s stock valued at $222,000 after buying an additional 672 shares in the last quarter. Spectrum Wealth Advisory Group LLC purchased a new position in shares of NVIDIA during the first quarter worth about $238,000. Brooks Moore & Associates Inc. purchased a new position in shares of NVIDIA during the first quarter worth about $241,000. AlphaQuest LLC grew its holdings in shares of NVIDIA by 133.0% during the first quarter. AlphaQuest LLC now owns 2,234 shares of the computer hardware maker’s stock worth $242,000 after buying an additional 1,275 shares during the last quarter. Finally, RiverGlades Family Offices LLC acquired a new stake in NVIDIA in the first quarter valued at about $248,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on NVDA shares. DA Davidson cut their price target on NVIDIA from $125.00 to $120.00 and set a “neutral” rating on the stock in a report on Monday, April 14th. Barclays lowered their price target on NVIDIA from $175.00 to $155.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd. Benchmark reaffirmed a “buy” rating and set a $190.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th. Bank of America boosted their price objective on NVIDIA from $150.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, May 14th. Finally, UBS Group restated a “buy” rating on shares of NVIDIA in a research note on Friday, May 23rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, thirty-three have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and an average target price of $167.53.

About NVIDIA

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.