NVIDIA Corporation Company Profile (NASDAQ:NVDA)

NVIDIA Corporation trades on the NASDAQ under the ticker symbol "NVDA."

NVIDIA Corporation announced a quarterly dividend on Friday, August 11th. Investors of record on Thursday, August 24th will be paid a dividend of $0.14 per share on Monday, September 18th. This represents a $0.56 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend is Tuesday, August 22nd. View NVIDIA Corporation's Dividend History.

NVIDIA Corporation (NASDAQ:NVDA) released its quarterly earnings results on Thursday, August, 10th. The company reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.32. The company earned $2.23 billion during the quarter, compared to analyst estimates of $1.96 billion. NVIDIA Corporation had a net margin of 27.41% and a return on equity of 39.59%. The firm's quarterly revenue was up 56.2% compared to the same quarter last year. During the same period last year, the company earned $0.53 EPS. View NVIDIA Corporation's Earnings History.

NVIDIA Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for NVIDIA Corporation.

38 brokers have issued 1-year target prices for NVIDIA Corporation's shares. Their predictions range from $24.75 to $250.00. On average, they anticipate NVIDIA Corporation's share price to reach $159.88 in the next twelve months. View Analyst Ratings for NVIDIA Corporation.

Here are some recent quotes from research analysts about NVIDIA Corporation stock:

• 1. Needham & Company LLC analysts commented, "NVDA is down ~6% over the past week in part due to the announcement from Tesla that it will source future infotainment chips from Intel as well as the rumor that the company could be designing an AI chip for self-driving applications in house via a partnership with AMD." (9/28/2017)
• 2. B. Riley analysts commented, "We believe the development has potential to be a modest fundamental and psychological negative for NVDA in the intermediate-term, though believe the company remains the dominant autopilot solutions provider with a substantial competitive moat and very strong developer momentum. More specifically, we would be surprised if TSLA moved to an internal solution in the next year or perhaps two, so NVDA C17&18 Auto Platform estimates seem to have little risk. Further, we remind investors NVDA’s year-to-date autopilot partnership announcements with Mercedes-Benz, Toyota, Volkswagen’s Audi group and Volvo. We expect additional auto manufacturer partnerships will be struck later in 2017 and 2018, and as that happens expect non-recurring engineering (NRE) revenue will accelerate into C18." (9/21/2017)
• 3. Loop Capital analysts commented, "We think investors’ concerns that data center growth has slowed and topped out are unwarranted as FQ2 was a transition quarter to Volta. With Volta ramped, we are modeling a return to double-digit growth in FQ3. We are also cautious on how much more legs the demand from crypto currency mining has and we are modeling that business to flatten out in FQ3 and decline -20% YoY in F2019. We expect strong demand in data center and gaming in F2019 to more than offset the declines of crypto and we are modeling 14% YoY and 25% YoY growth, respectively. As for the step-up in OpEx, we believe NVDA must continue to spend to maintain its leadership position. We believe there is leverage in the model in F2019 driven by revenue growth and expanding margins." (8/11/2017)
• 4. According to Zacks Investment Research, "A look at NVIDIA’s one year price performance shows that the company has outperformed the Semiconductor-General industry, thanks to the company’s positive record of earnings surprises in the recent quarters. NVIDIA’s sustained efforts toward attaining robust position in several emerging industries such as Artificial Intelligence (AI), deep learning and driverless cars industry, makes us optimistic about its growth prospect. NVIDIA’s innovative product pipeline and strength in gaming and high-end notebook GPUs remain the positives. The company’s focus on GRID platforms can increase GPU adoption in data centers, giving it an advantage against its competitors. On the flip side, a cautious forward-looking prospect of the PC industry, made by the research firms IDC and Gartner remains headwind. Both firms agreed that the recent surge in DRAM prices and short supply of SSD will lead to an increase in PC prices." (7/11/2017)
• 5. Instinet analysts commented, "We are downgrading Nvidia from Buy to Reduce and lowering our target price from $100 to $90. We believe consensus is underappreciating a slowdown in gaming and the potential negative impact to the multiple. We recommend investors take profits and rotate into Intel (INTC/Buy)"' NVDA's multiple averaged 2x enterprise value to sales or 0.7x our semiconductor coverage universe over the last 10 years; however, during the last twelve months, the multiple increased from 2x (0.9x coverage) to 7x (1.8x coverage). The current multiple represents a 10- year peak both on an absolute and relative basis to the group. We believe adoption of Nvidia's technology in the datacenter (artificial intelligence) and automotive (self-driving cars) primarily drove multiple expansion. Last quarter, Datacenter and Automotive segment revenue grew for the sixth consecutive quarter to $296mn (+205% yoy) and $128mn (+38% yoy), respectively, in our view reinforcing investor perception that Nvidia is leading in artificial intelligence and autonomous driving. These markets represent sizeable new opportunities for their GPU computing platform." (2/22/2017)

NVIDIA Corporation saw a decline in short interest in September. As of September 29th, there was short interest totalling 14,755,916 shares, a decline of 17.5% from the September 15th total of 17,880,570 shares. Based on an average trading volume of 21,567,790 shares, the days-to-cover ratio is currently 0.7 days. Currently, 2.6% of the shares of the company are short sold.

Some companies that are related to NVIDIA Corporation include Taiwan Semiconductor Manufacturing Company (TSM), Intel Corporation (INTC), Broadcom Limited (AVGO), Texas Instruments Incorporated (TXN), Micron Technology (MU), Analog Devices (ADI), NXP Semiconductors N.V. (NXPI), Microchip Technology Incorporated (MCHP), STMicroelectronics N.V. (STM), Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), Freescale Semiconductor Ltd (FSL), Advanced Semiconductor Engineering (ASX), Marvell Technology Group (MRVL), ON Semiconductor Corporation (ON), Semiconductor Manufacturing International Corporation (SMI) and Arrow Electronics (ARW).

NVIDIA Corporation's management team includes the folowing people:

• Jen-Hsun Huang, President, Chief Executive Officer, Director
• Colette M. Kress, Chief Financial Officer, Executive Vice President
• David M. Shannon, Executive Vice President, Chief Administrative Officer, Secretary
• Ajay K. Puri, Executive Vice President - Worldwide Field Operations
• Debora C. Shoquist, Executive Vice President - Operations
• Tim S. Teter, Senior Vice President, General Counsel, Company Secretary
• William J. Miller J.D., Lead Independent Director
• Robert Kenneth Burgess, Independent Director
• Tench C. Coxe, Independent Director
• Persis Drell, Independent Director

NVIDIA Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Swedbank (0.28%), APG Asset Management N.V. (0.07%), Nationwide Fund Advisors (0.06%), Strs Ohio (0.05%), Douglas Lane & Associates LLC (0.04%) and KEYWISE CAPITAL MANAGEMENT Ltd (0.04%). Company insiders that own NVIDIA Corporation stock include A Brooke Seawell, Ajay K Puri, Colette Kress, David M Shannon, Debora Shoquist, Harvey C Jones, James C Gaither, Jen Hsun Huang, Mark A Stevens, Mark L Perry, Michael Byron, Persis Drell, Robert K Burgess, Tench Coxe and William J Miller. View Institutional Ownership Trends for NVIDIA Corporation.

NVIDIA Corporation's stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Douglas Lane & Associates LLC, KEYWISE CAPITAL MANAGEMENT Ltd, State Treasurer State of Michigan, Shikiar Asset Management Inc., Barometer Capital Management Inc., Sit Investment Associates Inc. and Oakbrook Investments LLC. Company insiders that have sold NVIDIA Corporation stock in the last year include A Brooke Seawell, Ajay K Puri, Colette Kress, Debora Shoquist, Harvey C Jones, Jen Hsun Huang, Mark A Stevens, Mark L Perry, Michael Byron, Persis Drell, Robert K Burgess, Tench Coxe and William J Miller. View Insider Buying and Selling for NVIDIA Corporation.

NVIDIA Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Swedbank, Shell Asset Management Co., APG Asset Management N.V., Arrow Financial Corp, OLD Second National Bank of Aurora, Crow Point Partners LLC, Alpha Cubed Investments LLC and Eqis Capital Management Inc.. View Insider Buying and Selling for NVIDIA Corporation.

Shares of NVIDIA Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NVIDIA Corporation stock can currently be purchased for approximately $196.62.