KeyCorp Forecasts NVIDIA’s Q2 Earnings (NASDAQ:NVDA)

NVIDIA Corporation (NASDAQ:NVDA) – Stock analysts at KeyCorp lifted their Q2 2027 earnings per share estimates for NVIDIA in a research report issued on Monday, July 13th. KeyCorp analyst J. Vinh now anticipates that the computer hardware maker will post earnings per share of $2.03 for the quarter, up from their previous estimate of $1.85. KeyCorp has a “Overweight” rating and a $330.00 price target on the stock. The consensus estimate for NVIDIA’s current full-year earnings is $8.80 per share. KeyCorp also issued estimates for NVIDIA’s Q3 2027 earnings at $2.30 EPS, Q4 2027 earnings at $2.60 EPS and FY2027 earnings at $8.74 EPS.

NVDA has been the subject of a number of other reports. Tigress Financial restated a “strong-buy” rating and issued a $425.00 price target (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. Wedbush increased their target price on shares of NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. TD Cowen restated a “buy” rating and issued a $275.00 target price (up from $235.00) on shares of NVIDIA in a report on Friday, May 15th. William Blair reiterated an “outperform” rating on shares of NVIDIA in a report on Tuesday, June 2nd. Finally, DZ Bank reissued a “buy” rating on shares of NVIDIA in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and an average price target of $304.26.

NVIDIA Stock Performance

NASDAQ NVDA opened at $207.40 on Friday. The business’s 50 day moving average price is $209.88 and its 200-day moving average price is $195.05. NVIDIA has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. The company has a market cap of $5.02 trillion, a P/E ratio of 31.76, a P/E/G ratio of 0.47 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. The business had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.81 earnings per share.

NVIDIA declared that its Board of Directors has initiated a share repurchase program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is presently 15.31%.

Insiders Place Their Bets

In other NVIDIA news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares of the company’s stock, valued at $3,030,882. The trade was a 4.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the sale, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 in the last ninety days. 3.94% of the stock is owned by company insiders.

Institutional Trading of NVIDIA

Hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG grew its stake in NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after purchasing an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE raised its holdings in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC lifted its position in shares of NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. lifted its position in shares of NVIDIA by 15.7% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after buying an additional 896 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA deepened its push into Japan by launching a national AI infrastructure initiative and announcing new partnerships with major companies including Fanuc, Yaskawa Electric, Kawasaki Heavy Industries, SoftBank, Hitachi, NTT DATA and others. The deals expand NVIDIA’s footprint in robotics, manufacturing, healthcare and enterprise AI, supporting the long-term demand story for its chips and software. Japan Government, Industrial Leaders and NVIDIA Launch the World’s First National AI Infrastructure
• Positive Sentiment: The company also unveiled Cosmos 3 Edge and expanded its physical-AI ecosystem in Japan, which could help NVIDIA grow beyond GPUs into robotics, edge AI and full-stack infrastructure. Nvidia unveils new AI model and expands Japan’s physical AI ecosystem
• Positive Sentiment: Several Wall Street notes remained constructive, with KeyCorp reiterating an Overweight rating and a $330 target while modeling strong earnings growth for fiscal 2028. That suggests analysts still see major upside if NVIDIA sustains AI demand and execution. MarketBeat NVIDIA coverage
• Neutral Sentiment: CEO Jensen Huang also pushed back on reports of delays to the Vera Rubin platform, saying production is already underway. That may help reassure investors, but it does not change near-term financial results by itself. Nvidia CEO Huang denies Vera Rubin delays, says AI accelerator is in production
• Negative Sentiment: Despite the upbeat product news, NVIDIA shares were weighed down by a broader semiconductor sell-off and “AI bubble” concerns, with chip stocks under pressure across the market. Investors appear to be taking profits and rotating out of the sector rather than reacting to a company-specific setback. The Chip-Stock Slide Isn’t Over. The AI Trade Is Still Under Pressure.
• Negative Sentiment: Bearish commentary also focused on valuation and bubble risk, arguing the stock may be pricing in a future tech spending slowdown and massive sell-off scenarios. That keeps sentiment cautious even with NVIDIA’s strong growth profile. History Might Be Telling Us Why Nvidia Stock Is So Cheap. Should Investors Listen?

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.