-
Nvidia Gets New Street-High Price Target On Arm Deal: 'Ubiquitous Across Semi Industry'
Tuesday, September 15, 2020 - 1:45pm | 347NVIDIA Corporation's (NASDAQ: NVDA) $40 billion deal to buy U.K. chip designer Arm Holdings has prompted an analyst at Needham to lift his price target to the highest on Street. The Nvidia Analyst: Rajvindra Gill maintained a Buy rating on Nvidia and increased the price target from $...
-
Nvidia Analysts: Ampere-Based Gaming GPUs Are 'Compelling Upgrade'
Wednesday, September 2, 2020 - 12:41pm | 925NVIDIA Corporation (NASDAQ: NVDA) unveiled new gaming GPUs Tuesday based on the Ampere architecture. The Nvidia Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on Nvidia and increased the price target from $600 to $650. Raymond James analyst Chris Caso reiterated an Outperform...
-
Nvidia Q2 Roundup: Analysts See 'Only Perpetual Growth Story In Semis,' Premium Valuation
Thursday, August 20, 2020 - 2:16pm | 1185NVIDIA Corporation (NASDAQ: NVDA) reported forecast-beating second-quarter results Wednesday and issued above-consensus third-quarter revenue guidance. The Nvidia Analysts: Reviewing the results, BofA Securities analyst Vivek Arya reiterated a Buy rating and increased the price target from $...
-
Tesla's Valuation Still 'Appears Overcharged' Following Q2 Earnings
Thursday, July 23, 2020 - 12:45pm | 854Tesla Inc (NASDAQ: TSLA) reported a second-quarter earnings beat on Wednesday afternoon. Adjusted EPS of $2.18 on revenue of $6.04 billion both exceeded consensus analyst estimates of 3 cents and $5.37 billion, respectively. Perhaps more importantly, Tesla’s GAAP EPS of 50 cents...
-
Nvidia Analysts See Multibillion-Dollar Opportunity In Automated Driving Deal With Mercedes-Benz
Wednesday, June 24, 2020 - 2:39pm | 618NVIDIA Corporation (NASDAQ: NVDA) announced Tuesday an automated driving system partnership with Daimler AG's (OTCMKTS: DDAIF) Mercedes-Benz. The Nvidia Analyst: BofA Securities analyst Vivek Arya maintained a Buy rating on Nvidia with a $420 price target. Needham analyst Rajvindra...
-
9 Nvidia Analysts On Q1 Beat, Ampere GPU: 'A Pure Play In Accelerated Computing'
Friday, May 22, 2020 - 11:47am | 1324NVIDIA Corporation (NASDAQ: NVDA) reported strong fiscal year 2021 first-quarter results Thursday after the close, sending the chipmaker's stock higher Friday. The Nvidia Analysts UBS Securities analyst Timothy Arcuri maintained a Buy rating on Nvidia shares and raised the price target...
-
Nvidia Analyst Says New, Ampere-Based Data Center GPU Makes Chipmaker 'Unassailable'
Friday, May 15, 2020 - 1:11pm | 1042NVIDIA Corporation (NASDAQ: NVDA) shares, which have been bouncing along nicely for much of this week amid positive sell-side expectations for the chipmaker's earnings report next week, rose over 3% Thursday. CEO Jensen Huang hosted the annual GTC keynote address virtually, revealing...
-
Why Nvidia Has A New Street-High Price Target
Monday, May 11, 2020 - 3:06pm | 467NVIDIA Corporation (NASDAQ: NVDA) is scheduled to report its fiscal year 2021 first-quarter results May 21 after the close. Ahead of the results, and following the recent strong run in the shares, an analyst at Needham hiked their Nvidia price target to a Street-high number. The...
-
Tesla Analysts Break Down Free Cash Flow, Fremont Shutdown, 2020 Expectations After Q1 Print
Thursday, April 30, 2020 - 12:57pm | 1153Despite the chaos in the world around Tesla Inc (NASDAQ: TSLA), the automaker reported a strong first quarter Wednesday, with sales of $5.985 billion exceeding a $5.9-billion Street forecast and a bottom line of $1.24 far surpassing expectations of a 36-cent loss. The performance was driven in part...
-
Despite Near-Term Volatility, Nvidia Analyst Remains Bullish On Data Center Positioning, Gaming Dominance
Friday, April 3, 2020 - 2:57pm | 409NVIDIA Corporation (NASDAQ: NVDA) quantified the impact of coronavirus on its top line at $100 million in its fourth-quarter earnings release in mid-February. Since then, the viral outbreak has become a pandemic. An analyst at Needham looked at what lies ahead for the chipmaker in...
-
Nvidia Analyst Says Pandemic Creates More Data Center Demand
Tuesday, March 24, 2020 - 1:49pm | 432The coronavirus pandemic is creating a greater need for NVIDIA Corporation's (NASDAQ: NVDA) chips, according to Needham. The Nvidia Analyst Rajvindra Gill upgraded Nvidia from Hold to Buy with a $270 price target. The Nvidia Thesis At this uncertain time, investors are...
-
Nvidia Analysts Maintain Bullish Outlook Following Q4 Data Center, Gaming Strength
Friday, February 14, 2020 - 1:42pm | 847NVIDIA Corporation (NASDAQ: NVDA) reported strong fourth-quarter results, sending shares sharply higher in Friday's session. The Nvidia Analysts Wedbush analyst Matthew Bryson reiterated an Outperform rating on Nvidia and lifted the price target from $295 to $311 Needham analyst Rajvindra Gill...
-
Teslamania Runs Wild! Now What?
Thursday, February 6, 2020 - 4:01pm | 1276Tesla Inc (NASDAQ: TSLA) has been running in insanity mode this week. Shares dropped more than 17% on Wednesday, the stock’s second worst day in history. The sell-off came just two days after the stock hit an all-time intra-day high of $961.86 and gained 19.9%, its single best day in more...
-
Nvidia Analyst Says Chipmaker Lacks Earnings Potential To Justify Lofty Valuation
Monday, January 13, 2020 - 10:28am | 384Needham dropped its bearish stance on NVIDIA Corporation (NASDAQ: NVDA) Monday, but at the same time does not see the chipmaker as a compelling buying opportunity. The Nvidia Analyst Rajvindra Gill upgraded Nvidia from Underperform to Hold. The Nvidia Thesis Nvidia is...
-
Micron Analysts Expect Lukewarm Q1, But Project Coming Inflection In Memory Pricing
Tuesday, December 17, 2019 - 1:08pm | 529Chipmaker Micron Technology, Inc. (NASDAQ: MU) is scheduled to report first-quarter results Wednesday after the close, with analysts on average expecting earnings of 47 cents per share on revenue of $5.02 billion. The stock received its second sell-side upgrade in as many days Tuesday,...