NVIDIA (NASDAQ:NVDA) Announces Earnings Results

NVIDIA (NASDAQ:NVDA - Get Free Report) announced its earnings results on Wednesday. The computer hardware maker reported $0.81 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.06), RTT News reports. The company had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The business's quarterly revenue was up 69.2% on a year-over-year basis. During the same quarter last year, the business posted $0.61 earnings per share. NVIDIA updated its Q2 2026 guidance to EPS.

NVIDIA Stock Up 4.4%

Shares of NVIDIA stock traded up $5.94 during trading on Thursday, reaching $140.75. 228,997,537 shares of the company traded hands, compared to its average volume of 286,956,615. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The firm has a market capitalization of $3.44 trillion, a PE ratio of 55.38, a P/E/G ratio of 1.76 and a beta of 2.11. The company has a 50 day moving average price of $114.85 and a 200-day moving average price of $126.66. NVIDIA has a 1-year low of $86.62 and a 1-year high of $195.95.

Insider Buying and Selling at NVIDIA

In related news, CFO Colette Kress sold 66,660 shares of the company's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.83, for a total value of $7,787,887.80. Following the sale, the chief financial officer now owns 3,085,765 shares in the company, valued at $360,509,924.95. This represents a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert K. Burgess sold 53,324 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $115.49, for a total value of $6,158,388.76. Following the sale, the director now directly owns 251,044 shares of the company's stock, valued at $28,993,071.56. This represents a 17.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 147,147 shares of company stock valued at $17,133,207. Corporate insiders own 4.17% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NVDA. Elevate Wealth Advisory Inc. boosted its stake in shares of NVIDIA by 1.7% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker's stock worth $500,000 after buying an additional 77 shares during the last quarter. Ruggaard & Associates LLC lifted its holdings in NVIDIA by 2.6% during the 1st quarter. Ruggaard & Associates LLC now owns 3,744 shares of the computer hardware maker's stock worth $406,000 after purchasing an additional 95 shares in the last quarter. Harris Associates L P grew its holdings in NVIDIA by 2.4% during the 1st quarter. Harris Associates L P now owns 4,340 shares of the computer hardware maker's stock valued at $470,000 after buying an additional 100 shares in the last quarter. Briaud Financial Planning Inc increased its position in shares of NVIDIA by 1.2% during the first quarter. Briaud Financial Planning Inc now owns 8,321 shares of the computer hardware maker's stock valued at $901,000 after buying an additional 100 shares during the period. Finally, Cedar Point Capital Partners LLC lifted its holdings in shares of NVIDIA by 1.8% in the first quarter. Cedar Point Capital Partners LLC now owns 6,135 shares of the computer hardware maker's stock worth $665,000 after buying an additional 109 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NVDA. Rosenblatt Securities increased their price target on shares of NVIDIA from $178.00 to $200.00 and gave the company a "buy" rating in a research note on Thursday. Needham & Company LLC reiterated a "buy" rating and issued a $160.00 price objective on shares of NVIDIA in a report on Thursday. Tigress Financial restated a "buy" rating on shares of NVIDIA in a research note on Wednesday, February 26th. Summit Insights upgraded shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Thursday. Finally, Stifel Nicolaus set a $180.00 price objective on shares of NVIDIA in a research note on Wednesday, March 19th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, thirty-five have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $170.34.

NVIDIA Company Profile

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.