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

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

Several other research firms have also recently commented on NVDA. Sanford C. Bernstein raised their target price on shares of NVIDIA from $700.00 to $1,000.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. CICC Research assumed coverage on NVIDIA in a research report on Wednesday, March 6th. They issued an “outperform” rating and a $870.00 price objective on the stock. Oppenheimer lifted their price target on NVIDIA from $850.00 to $1,100.00 and gave the company an “outperform” rating in a report on Wednesday, March 20th. Morgan Stanley raised their price objective on NVIDIA from $750.00 to $795.00 and gave the stock an “overweight” rating in a research note on Thursday, February 22nd. Finally, Loop Capital started coverage on shares of NVIDIA in a research note on Friday, February 16th. They set a “buy” rating and a $1,200.00 target price on the stock. Four investment analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, NVIDIA presently has an average rating of “Moderate Buy” and a consensus price target of $908.68.

Read Our Latest Stock Analysis on NVDA

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $894.52 on Wednesday. The company’s 50 day moving average price is $784.77 and its two-hundred day moving average price is $582.07. The firm has a market cap of $2.24 trillion, a PE ratio of 74.92, a PEG ratio of 1.30 and a beta of 1.73. NVIDIA has a 12-month low of $262.20 and a 12-month high of $974.00. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its quarterly earnings data 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. The company had revenue of $22.10 billion during the quarter, compared to the consensus estimate of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The company’s quarterly revenue was up 265.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.65 EPS.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were given a dividend of $0.04 per share. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 annualized dividend and a dividend yield of 0.02%. NVIDIA’s dividend payout ratio (DPR) is presently 1.34%.

Insider Buying and Selling at NVIDIA

In related news, Director Mark A. Stevens sold 35,648 shares of NVIDIA stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $542.93, for a total transaction of $19,354,368.64. Following the completion of the sale, the director now directly owns 1,189,083 shares of the company’s stock, valued at $645,588,833.19. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other NVIDIA news, Director Mark A. Stevens sold 35,648 shares of the business’s stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $542.93, for a total transaction of $19,354,368.64. Following the transaction, the director now owns 1,189,083 shares of the company’s stock, valued at $645,588,833.19. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Donald F. Robertson, Jr. sold 450 shares of the stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $484.62, for a total value of $218,079.00. Following the sale, the insider now directly owns 50,961 shares in the company, valued at approximately $24,696,719.82. The disclosure for this sale can be found here. In the last quarter, insiders sold 116,352 shares of company stock worth $74,815,227. 3.99% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Avondale Wealth Management lifted its holdings in NVIDIA by 9.9% in the first quarter. Avondale Wealth Management now owns 2,257 shares of the computer hardware maker’s stock worth $2,039,000 after buying an additional 204 shares during the period. Wilsey Asset Management Inc. bought a new position in NVIDIA during the 1st quarter valued at about $271,000. ST Germain D J Co. Inc. boosted its position in NVIDIA by 2.2% in the 1st quarter. ST Germain D J Co. Inc. now owns 1,894 shares of the computer hardware maker’s stock valued at $1,711,000 after buying an additional 41 shares during the period. Canandaigua National Bank & Trust Co. raised its stake in shares of NVIDIA by 61.4% during the 1st quarter. Canandaigua National Bank & Trust Co. now owns 7,155 shares of the computer hardware maker’s stock worth $6,465,000 after acquiring an additional 2,722 shares in the last quarter. Finally, Confluence Investment Management LLC acquired a new position in NVIDIA during the 1st quarter valued at approximately $279,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

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.

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Earnings History and Estimates for NVIDIA (NASDAQ:NVDA)

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