Zacks Research Issues Positive Estimate for NVIDIA Earnings

Key Points

• Investment analysts at Zacks Research have increased their Q3 2026 earnings per share estimate for NVIDIA to $1.16, up from $1.06, reflecting a positive outlook for the company.
• Other firms, including Truist Financial and Wolfe Research, have also raised their target prices for NVIDIA, indicating strong support among analysts.
• NVIDIA recently announced a quarterly dividend of $0.01, with a payout ratio of 1.14%, demonstrating a commitment to returning value to shareholders.

NVIDIA Corporation (NASDAQ:NVDA - Free Report) - Investment analysts at Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for shares of NVIDIA in a research note issued on Friday, September 12th. Zacks Research analyst Team now anticipates that the computer hardware maker will post earnings of $1.16 per share for the quarter, up from their previous estimate of $1.06. The consensus estimate for NVIDIA's current full-year earnings is $2.77 per share. Zacks Research also issued estimates for NVIDIA's Q4 2026 earnings at $1.23 EPS, Q1 2027 earnings at $1.26 EPS, Q2 2027 earnings at $1.32 EPS, Q3 2027 earnings at $1.38 EPS, Q4 2027 earnings at $1.48 EPS, FY2027 earnings at $5.44 EPS, Q1 2028 earnings at $1.53 EPS and Q2 2028 earnings at $1.57 EPS.

A number of other analysts also recently weighed in on the company. Truist Financial upped their target price on NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Wolfe Research raised their price objective on NVIDIA from $220.00 to $230.00 and gave the stock an "outperform" rating in a research report on Thursday, August 28th. Robert W. Baird raised their target price on NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research note on Monday, August 25th. BNP Paribas raised NVIDIA to a "hold" rating in a research note on Friday, August 1st. Finally, Piper Sandler set a $225.00 target price on NVIDIA and gave the company an "overweight" rating in a research report on Wednesday, August 13th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $207.83.

NVIDIA Stock Up 0.4%

NVDA stock opened at $177.82 on Monday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The business's 50 day simple moving average is $174.42 and its 200 day simple moving average is $141.80. NVIDIA has a 1-year low of $86.62 and a 1-year high of $184.48. The firm has a market capitalization of $4.32 trillion, a PE ratio of 50.66, a PEG ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business's quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a $0.01 dividend. 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 payout ratio is 1.14%.

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 608,248 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the transaction, the director owned 8,247,600 shares of the company's stock, valued at approximately $1,198,046,376. This represents a 6.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Ajay K. Puri sold 168,195 shares of the company's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total value of $25,673,284.80. Following the completion of the transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,907,755 shares of company stock worth $633,253,430. Corporate insiders own 4.17% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC increased its position in shares of NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock worth $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. Norges Bank acquired a new stake in shares of NVIDIA in the 2nd quarter worth approximately $51,386,863,000. Nuveen LLC acquired a new stake in NVIDIA during the first quarter valued at approximately $15,089,414,000. Goldman Sachs Group Inc. lifted its position in shares of NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after acquiring an additional 103,889,872 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in NVIDIA by 12,173.2% in the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after buying an additional 48,439,859 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.