NVIDIA (NASDAQ:NVDA) Issues Quarterly Earnings Results

Key Points

• NVIDIA reported a quarterly earnings per share (EPS) of $0.99, narrowly missing expectations by $0.01, while maintaining a net margin of 51.69% and a return on equity of 105.09%.
• The company's stock fell by 0.1% during trading, closing at $181.51, with recent analyst price targets ranging from $140 to $235, indicating a generally **bullish** outlook despite the earnings miss.
• NVIDIA announced a quarterly dividend of $0.01, set to be paid to shareholders on October 2nd, which represents an annualized yield of 0.0% and a payout ratio of 1.29%.

NVIDIA (NASDAQ:NVDA - Get Free Report) announced its quarterly earnings data on Wednesday. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04, Briefing.com reports. The firm had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The company's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period last year, the business posted $0.68 earnings per share. NVIDIA updated its Q3 2026 guidance to EPS.

NVIDIA Stock Performance

NASDAQ:NVDA traded down $1.48 during mid-day trading on Thursday, reaching $180.12. 277,671,463 shares of the stock were exchanged, compared to its average volume of 239,020,828. The company has a 50 day simple moving average of $169.53 and a 200-day simple moving average of $138.41. The stock has a market capitalization of $4.39 trillion, a P/E ratio of 58.10, a P/E/G ratio of 1.59 and a beta of 2.14. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. NVIDIA has a 1 year low of $86.62 and a 1 year high of $184.48.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is 1.29%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NVDA. Evercore ISI upped their target price on NVIDIA from $190.00 to $214.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. JPMorgan Chase & Co. boosted their price target on NVIDIA from $170.00 to $215.00 and gave the stock an "overweight" rating in a research report on Thursday. Needham & Company LLC reiterated a "buy" rating and set a $200.00 price target on shares of NVIDIA in a research report on Thursday. Stifel Nicolaus boosted their price target on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research report on Monday. Finally, Mizuho boosted their price target on NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a research report on Thursday, August 14th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and an average price target of $206.54.

Insider Transactions at NVIDIA

In other news, EVP Ajay K. Puri sold 168,195 shares of the business's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total value of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares of the company's stock, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the completion of the transaction, the chief executive officer directly owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,912,440 shares of company stock worth $902,886,782. 4.17% of the stock is owned by corporate insiders.

Institutional Trading of NVIDIA

A number of institutional investors have recently bought and sold shares of the company. State Street Corp lifted its position in shares of NVIDIA by 1.0% in the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker's stock valued at $154,556,803,000 after acquiring an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC increased its stake in NVIDIA by 1.5% in the second quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock valued at $91,150,170,000 after purchasing an additional 8,521,936 shares during the last quarter. Norges Bank acquired a new position in NVIDIA in the second quarter valued at $51,386,863,000. Legal & General Group Plc increased its stake in NVIDIA by 1.5% in the second quarter. Legal & General Group Plc now owns 178,593,475 shares of the computer hardware maker's stock valued at $28,215,983,000 after purchasing an additional 2,623,678 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in NVIDIA by 2.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 155,668,775 shares of the computer hardware maker's stock valued at $24,594,110,000 after purchasing an additional 4,209,423 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

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.