Wedbush Estimates NVIDIA's Q2 Earnings (NASDAQ:NVDA)

Key Points

• Wedbush has raised their Q2 2026 EPS estimates for NVIDIA to $0.93, up from $0.92, while maintaining an "Outperform" rating and a $210.00 target price on the stock.
• NVIDIA reported Q1 earnings of $0.81 EPS, missing the consensus estimate, but revenue was up 69.2% year-over-year at $44.06 billion.
• Insider transactions saw significant stock sales, with Director Tench Coxe selling 1 million shares for approximately $142.8 million, indicating potential shifts in confidence among insiders.

NVIDIA Corporation (NASDAQ:NVDA - Free Report) - Research analysts at Wedbush upped their Q2 2026 EPS estimates for shares of NVIDIA in a report released on Thursday, August 21st. Wedbush analyst M. Bryson now forecasts that the computer hardware maker will post earnings per share of $0.93 for the quarter, up from their previous estimate of $0.92. Wedbush currently has a "Outperform" rating and a $210.00 target price 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 $1.10 EPS, Q4 2026 earnings at $1.23 EPS and FY2026 earnings at $4.01 EPS.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). The business had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The firm's revenue for the quarter was up 69.2% compared to the same quarter last year. During the same period last year, the business posted $0.61 EPS. NVIDIA has set its Q2 2026 guidance at EPS.

Several other brokerages have also issued reports on NVDA. Evercore ISI raised their target price on shares of NVIDIA from $190.00 to $214.00 and gave the company an "outperform" rating in a research note on Friday. Citigroup reissued an "overweight" rating on shares of NVIDIA in a research note on Monday, August 18th. UBS Group lifted their price objective on shares of NVIDIA from $175.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday. Summit Insights raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research note on Thursday, May 29th. Finally, Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the stock an "overweight" rating in a research note on Wednesday, August 13th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $192.44.

NVIDIA Stock Up 1.7%

Shares of NASDAQ NVDA opened at $177.99 on Monday. The firm has a market capitalization of $4.34 trillion, a PE ratio of 57.42, a price-to-earnings-growth ratio of 1.56 and a beta of 2.14. The company has a current ratio of 3.39, a quick ratio of 2.96 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. The firm's 50-day moving average is $167.35 and its 200-day moving average is $137.46.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's payout ratio is presently 1.29%.

Insider Activity at NVIDIA

In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $142.80, for a total value of $142,800,000.00. Following the transaction, the director owned 26,671,360 shares of the company's stock, valued at approximately $3,808,670,208. The trade was a 3.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mark A. Stevens sold 935,000 shares of NVIDIA stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the completion of the transaction, the director directly owned 9,214,697 shares in the company, valued at approximately $1,298,535,101.24. The trade was a 9.21% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 5,912,440 shares of company stock worth $902,886,782. Corporate insiders own 4.17% of the company's stock.

Institutional Trading of NVIDIA

Hedge funds and other institutional investors have recently made changes to their positions in the business. Astoria Portfolio Advisors LLC. raised its holdings in shares of NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock valued at $9,610,000 after purchasing an additional 864 shares during the last quarter. Centerpoint Advisory Group raised its holdings in shares of NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock valued at $4,270,000 after purchasing an additional 943 shares during the last quarter. GSB Wealth Management LLC raised its holdings in shares of NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock valued at $3,534,000 after purchasing an additional 1,043 shares during the last quarter. Variant Private Wealth LLC raised its holdings in shares of NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock valued at $2,038,000 after purchasing an additional 3,206 shares during the last quarter. Finally, Financial Perspectives Inc increased its holdings in NVIDIA by 2.8% during the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock worth $4,981,000 after buying an additional 1,265 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

About NVIDIA

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.

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