NVIDIA Announces Financial Results for First Quarter Fiscal 2016
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Canaccord Genuity Says to Wait for 'Dust to Settle' Around NVIDIA (NVDA) Following Transformation
May 11, 2015 10:01 AM EDTCanaccord Genuity maintains their Hold rating on NVIDIA (NASDAQ: NVDA), and lowered the price target to $21.00 (from $23.00). Canaccord is waiting for the dust to settle, following NVDA's transformation from a PC-leveraged GPU supplier to a visualcomputing company. NVDA had a solid April quarter, showing $1.15B in revenue (in-line with $1.16B estimates). Management... More
Pacific Crest Maintains Sector Weight Rating on NVIDIA (NVDA)
May 8, 2015 1:27 PM EDTPacific Crest maintained a Sector Weight rating on NVIDIA (NASDAQ: NVDA) following the release of Q1 results. Comments follow Q1 results and "weak" Q2 guidance. Analyst Michael McConnell has a $18 fair value estimate on the stock, and he lowered FY17 EPS... More
Roth Capital Downgrades NVIDIA (NVDA) to Neutral
May 8, 2015 7:50 AM EDTRoth Capital downgraded NVIDIA (NASDAQ: NVDA) from Buy to Neutral with a price target of $22.00 (from $26.00) after the cmpany reported 1Q16 revenue/GAAP EPS results of $1.151 billion/$0.24 versus our estimates of $1.172 billion/$0.26 and guided to 13% sequential revenue decline versus our estimate of... More
NVIDIA (NVDA) Raises Quarterly Dividend 14.7% to $0.0975; 1.7% Yield
May 7, 2015 4:24 PM EDTNVIDIA (NASDAQ: NVDA) declared a quarterly dividend of $0.0975 per share, or $0.39 annualized. This is a 14.7% increase from the prior dividend of $0.085.
The dividend will be payable on June 12, 2015, to stockholders of record on May 21, 2015, with an ex-dividend date of May 19,... More
NVIDIA (NVDA) Tops Q1 EPS by 7c, Offers Q2 Outlook
May 7, 2015 4:22 PM EDTNVIDIA (NASDAQ: NVDA) reported Q1 EPS of $0.33, $0.07 better than the analyst estimate of $0.26. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.16 billion.
NVIDIA's outlook for the second quarter of fiscal 2016 is as follows:
Revenue is... More
