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Gaming Demand, China Concerns, Data Center Records: 5 Nvidia Analysts Have Mixed Reactions To Q3 Earnings
Thursday, November 17, 2022 - 12:24pm | 603Technology giant NVIDIA Corporation (NASDAQ: NVDA) beat revenue estimates from analysts and came up short on earnings per share, according to its third-quarter financial results. Here are what analysts are saying after the report: Goldman Sachs analyst Toshiya Hari has a Neutral rating and a price...
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Why These AMD Analysts Are Cutting Price Targets As Stock Rallies Off Q3 Earnings
Wednesday, November 2, 2022 - 10:12am | 640Advanced Micro Devices, Inc. (NASDAQ: AMD) Tuesday reported downbeat third-quarter revenues and earnings. Despite the chipmaker warning of a slowdown in PC sales, investors grew optimistic on its share gains from rival Intel Corporation (NASDAQ: INTC) in the data center market. BofA Securities On...
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7 Intel Analysts Focus On Q3 Earnings, Cost-Cutting Plan
Friday, October 28, 2022 - 10:50am | 813Intel Corporation (NASDAQ: INTC) reported Thursday its third-quarter results, with revenue of $15.3 billion, down 20% year-over-year. The semiconductor major had earnings of 59 cents in the quarter, significantly ahead of Street expectations. Rosenblatt Securities On Intel Analyst Hans...
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AMD Analysts Cut Price Targets After Chipmaker Lowers Guidance, But 'Long-Term Opportunity' Remains
Friday, October 7, 2022 - 2:16pm | 682Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) hit new 52-week lows on Friday after the company came out with lower third-quarter guidance Thursday after the market close. The company said its third-quarter revenue would hit $5.6 billion, lower than a previous outlook of $6.7 billion....
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Micron Technology Earnings Were 'Materially Worse' Than Expected: 6 Analysts Comment
Friday, September 30, 2022 - 2:09pm | 595Micron Technology Inc. (NASDAQ: MU) released fiscal fourth-quarter results after the closing bell on Thursday. The Boise, Idaho-based company reported downbeat revenues of $6.64 billion and adjusted earnings of $1.45 per share, ahead of the consensus estimate. Here are the key takeaways, according...
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4 Broadcom Analysts On 'Solid' Beat-And-Raise Quarter
Friday, September 2, 2022 - 11:18am | 432Broadcom Inc (NASDAQ: AVGO) Thursday reported third-quarter earnings and revenues ahead of expectations. BofA Securities On Broadcom Analyst Vivek Arya reiterated a Buy rating and $625 price target. The company delivered another beat-and-raise quarter, “with FQ3 sales up 25% YoY (despite YoY...
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Nvidia's Unanswered Questions: 7 Analysts Break Down Tech Firm's Q2 Miss
Thursday, August 25, 2022 - 11:46am | 647Nvidia Corporation (NASDAQ: NVDA) reported second-quarter revenues of $6.7 billion, short of the consensus estimate of $8.1 billion, and net income of $656 million, significantly the Street market expectations of $1.25 per share. BMO Capital Markets Analyst Ambrish Srivastava reiterated an...
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6 Advanced Micro Devices Analysts React To Earnings Beat, Guidance Miss, Market Share Gains
Wednesday, August 3, 2022 - 12:30pm | 631Advanced Micro Devices, Inc. (NASDAQ: AMD) shares traded lower by 4.3% on Wednesday after the semiconductor giant reported better-than-expected second-quarter numbers but disappointed Wall Street with its third-quarter guidance. AMD reported second-quarter adjusted EPS of $1.05 on revenue of $6.55...
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AMD Q2 May Show Share Gains At Intel's Expense: Q2 Earnings Preview
Tuesday, August 2, 2022 - 9:18am | 604Chipmaker Advanced Micro Devices Inc’s (NASDAQ: AMD) second-quarter earnings are on tap on Tuesday after the market close. Q2 Expectations: Santa Clara, California-based AMD is widely expected to report second-quarter non-GAAP earnings per share of $1.03, higher than the year-ago EPS of...
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4 Analyst Takeaways On Intel's Q2 Miss, Guidance Reduction
Friday, July 29, 2022 - 10:50am | 411Intel Corporation (NASDAQ: INTC) reported an earnings miss and announced downbeat guidance. KeyBanc Capital Markets On Intel: Analyst John Vinh reiterated a Sector Weight rating for the company. Intel’s second-quarter earnings miss and third-quarter guidance reduction were mainly due to...
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6 Micron Analysts On Q3 Earnings: 'The Reset Was Generally Expected'
Friday, July 1, 2022 - 4:16pm | 616Micron Technology, Inc. (NASDAQ: MU) reported third-quarter results after the closing bell on Thursday. Here's what the Street has to say. Wells Fargo On Micron Technology Analyst Aaron Rakers reiterated an Overweight rating and reduced the price target from $115 to $90. Micron Technology...
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7 Nvidia Analysts Break Down Long-Term Story, New Products, Data Center Growth After Q1 Print
Thursday, May 26, 2022 - 4:43pm | 713Several NVIDIA Corporation (NASDAQ: NVDA) reacted to the chipmaker's first-quarter report with lower price targets. Here's what they had to say. The NVIDIA Analysts: BMO analyst Ambrish Srivastava has an Outperform rating and lowered the price target from $375 to $300. Wells Fargo...
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5 AMD Analysts Weigh In On Blowout Q1 Earnings: Why 2 Reduced Price Targets
Wednesday, May 4, 2022 - 10:46am | 649Advanced Micro Devices, Inc. (NASDAQ: AMD) reported first-quarter earnings after the bell on Tuesday. The chipmaker posted sales growth of 71% and year-over-year earnings growth of 117%.. The company raised its revenue guidance for the full year to about $26.3 billion, up about 60% from 2021,...
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5 Nvidia Analysts On AI Inflection, A $1-Trillion Opportunity, Silicon-Software Split And Sky-High Valuation
Wednesday, March 23, 2022 - 4:35pm | 990At the Nvidia Corporation (NASDAQ: NVDA) GTC 2022 virtual keynote event, CEO Jensen Huang announced several breakthrough, innovative products. The company also hosted an analyst day along with the event. Here's what the Street has to say. The Nvidia Analysts: Rosenblatt...
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Why Nvidia Bulls Laud The Stock As 'Tough Not To Own' After Q4 Print
Thursday, February 17, 2022 - 4:22pm | 970NVIDIA Corporation (NASDAQ: NVDA) reported forecast-beating fourth-quarter results and issued upbeat guidance for the first quarter. Notwithstanding the better-than-expected earnings report, the stock is pulling back sharply on Thursday. The Nvidia Analysts: Needham analyst Rajvindra Gill...