Wedbush Issues Pessimistic Estimate for NVIDIA Earnings

NVIDIA Co. (NASDAQ:NVDA - Free Report) - Research analysts at Wedbush reduced their Q2 2026 earnings estimates for shares of NVIDIA in a research note issued to investors on Thursday, May 29th. Wedbush analyst M. Bryson now expects that the computer hardware maker will post earnings per share of $0.92 for the quarter, down from their prior forecast of $1.00. Wedbush has a "Outperform" rating on the stock. The consensus estimate for NVIDIA's current full-year earnings is $2.77 per share. Wedbush also issued estimates for NVIDIA's Q3 2026 earnings at $1.07 EPS, Q4 2026 earnings at $1.21 EPS, FY2026 earnings at $3.94 EPS, Q2 2027 earnings at $1.35 EPS, Q3 2027 earnings at $1.39 EPS and Q4 2027 earnings at $1.48 EPS.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The firm had revenue of $44.06 billion for the quarter, compared to analysts' expectations of $43.09 billion. During the same quarter in the previous year, the business earned $0.61 earnings per share. The company's revenue for the quarter was up 69.2% compared to the same quarter last year.

A number of other research analysts also recently commented on NVDA. Needham & Company LLC reissued a "buy" rating and set a $160.00 target price on shares of NVIDIA in a research report on Thursday, May 29th. Hsbc Global Res downgraded shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 3rd. Benchmark reissued a "buy" rating and issued a $190.00 price objective on shares of NVIDIA in a research note on Thursday, May 29th. DZ Bank upgraded NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Friday, February 28th. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $170.00 price target (up from $160.00) on shares of NVIDIA in a report on Thursday, May 29th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, thirty-six have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $171.66.

NVIDIA Stock Up 2.8%

Shares of NVIDIA stock traded up $3.84 during trading on Monday, hitting $141.22. 224,702,733 shares of the stock traded hands, compared to its average volume of 283,922,249. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The stock's fifty day simple moving average is $115.95 and its 200 day simple moving average is $126.21. The firm has a market cap of $3.45 trillion, a P/E ratio of 55.58, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. NVIDIA has a 52-week low of $86.62 and a 52-week high of $195.95.

Hedge Funds Weigh In On NVIDIA

Several large investors have recently made changes to their positions in the company. Tacita Capital Inc acquired a new stake in NVIDIA in the fourth quarter valued at approximately $28,000. Vision Financial Markets LLC acquired a new position in shares of NVIDIA during the 4th quarter worth approximately $38,000. Luken Investment Analytics LLC purchased a new position in shares of NVIDIA during the 4th quarter valued at approximately $40,000. Copia Wealth Management acquired a new stake in NVIDIA in the 4th quarter valued at $50,000. Finally, LSV Asset Management purchased a new stake in NVIDIA in the 4th quarter worth $54,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NVIDIA news, CFO Colette Kress sold 66,660 shares of the business's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.83, for a total value of $7,787,887.80. Following the completion of the transaction, the chief financial officer now directly owns 3,085,765 shares of the company's stock, valued at approximately $360,509,924.95. The trade was a 2.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Aarti S. Shah sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $118.42, for a total value of $2,368,400.00. Following the completion of the sale, the director now owns 53,208 shares in the company, valued at approximately $6,300,891.36. This represents a 27.32% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 147,147 shares of company stock valued at $17,133,207. Company insiders own 4.17% of the company's stock.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.03%. The ex-dividend date is Wednesday, June 11th. NVIDIA's payout ratio is 1.29%.

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.