NVIDIA Corporation Company Profile (NASDAQ:NVDA)

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

NVIDIA Corporation announced a quarterly dividend on Wednesday, May 10th. Shareholders of record on Tuesday, May 23rd will be given a dividend of $0.14 per share on Wednesday, June 14th. This represents a $0.56 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date is Friday, May 19th. View NVIDIA Corporation's Dividend History.

NVIDIA Corporation (NASDAQ:NVDA) released its earnings results on Tuesday, May, 9th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.66 by $0.16. The company earned $1.94 billion during the quarter, compared to analysts' expectations of $1.91 billion. NVIDIA Corporation had a return on equity of 36.40% and a net margin of 25.95%. NVIDIA Corporation's revenue was up 48.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 earnings per share. View NVIDIA Corporation's Earnings History.

37 equities research analysts have issued 1-year price objectives for NVIDIA Corporation's stock. Their predictions range from $24.75 to $185.00. On average, they anticipate NVIDIA Corporation's share price to reach $120.93 in the next twelve months. View Analyst Ratings for NVIDIA Corporation.

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

• 1. According to Zacks Investment Research, "NVIDIA offers digital media processors and related software for a wide range of visual computing platforms. Notably, shares of NVIDIA has outperformed the broader market in the past one year. NVIDIA’s sustained efforts toward attaining robust position in several emerging industries such as Artificial Intelligence (AI), deep learning and driverless cars industry remain the positives. Furthermore, NVIDIA’s innovative product pipeline and strength in gaming and high-end notebook GPUs keep it well positioned. Also, the higher adoption of NVIDIA’s Tegra processors could act as a catalyst, going forward. However, 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. Going forward, competition from peers adds to the woes." (5/8/2017)
• 2. Needham & Company LLC analysts commented, "Yesterday NVDA announced that Bosch, the world's largest auto supplier, will be using its automotive chips to develop an autonomous system for mass market cars. Combining deep learning with Bosch's Driving Policy software, NVDA's next-generation Drive PX system, using Xavier, will leverage its on-board deep learning software and driving models, trained in data centers, to provide Level 4+ autonomous driving. (Drive PX systems can fuse camera, radar, Lidar, ultrasonic, and HD-Mapping data.) Xavier will have the computing power needed for full autonomy, allow for cloud connectivity - for mapping data and software updates, and will be the world's first single-chip processor providing sensory fusion necessary for level 4 systems." (3/11/2017)
• 3. 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)
• 4. Canaccord Genuity analysts commented, "NVIDIA reported another strong quarter for Q4/F'17 above our/consensus expectations with record revenue, product gross margin and non- GAAP EPS driven by impressive growth across all product platforms. The quarter yielded record revenue in gaming, professional visualization, datacenter, and automotive as well as record non-GAAP gross margin driven by strength in gaming GPUs and deep learning applications. The Q1/F'18 outlook was also slightly above our/consensus estimates for revenue with the surging datacenter business set to grow again Q/Q while gaming GPU sales are likely to see a seasonal decline and operating expense growth accelerates with investments in AI across datacenter and automotive. Overall a very strong quarter to end a breakout F'17, and we believe NVIDIA enters its May GPU Technology conference firing on all cylinders. In fact, as applications of highly parallel GPU computing expand and developer tools and artificial intelligence algorithms mature, our positive thesiscontinues to play out with strong gaming GPU growth expected to continue in F'18 with the Pascal ramp and Volta introduction, and we believe new trends including deep learning, virtual/augmented reality, and autonomous driving will catalyze new market growth longer term. With the strong growth drivers intact and while acknowledging Y/Y growth compares will toughen in coming quarters, we reiterate our BUY rating and raise our PT from $120 to $130." (2/10/2017)
• 5. Jefferies Group LLC analysts commented, "NVDA posted its 7th consecutive beat, and while YoY rev growth of 55% likely marks 2nd derivative peak, the 200% growth in its Datacenter business and improving GM reinforce our thesis that NVDA is emerging as the de facto standard in AI - one of the most exciting growth drivers in tech. Our sense is that many have missed the NVDA run and want to buy. We now estimate $6.50 of earnings power in 3-years. Reiterate Buy." (2/10/2017)

NVIDIA Corporation saw a decrease in short interest in May. As of May 31st, there was short interest totalling 24,606,230 shares, a decrease of 14.0% from the May 15th total of 28,617,890 shares. Based on an average trading volume of 23,120,130 shares, the short-interest ratio is currently 1.1 days. Approximately 4.4% of the company's shares are short sold.

Some companies that are related to NVIDIA Corporation include Intel Corporation (INTC), Broadcom Limited (AVGO), NXP Semiconductors N.V. (NXPI), Analog Devices (ADI), Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), Freescale Semiconductor Ltd (FSL), Advanced Semiconductor Engineering (ASX), Flextronics International (FLEX), Marvell Technology Group (MRVL), Arrow Electronics (ARW), ON Semiconductor Corporation (ON), Coherent (COHR), Microsemi Corporation (MSCC), Semiconductor Manufacturing International Corporation (SMI), Siliconware Precision Industries Company (SPIL) and Cavium (CAVM).

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 many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.38%), State Street Corp (3.85%), Primecap Management Co. CA (3.74%), Baillie Gifford & Co. (2.36%), Jennison Associates LLC (1.98%) and Massachusetts Financial Services Co. MA (1.19%). Company insiders that own NVIDIA Corporation stock include A Brooke Seawell, Ajay K Puri, Colette Kress, David M Shannon, Debora Shoquist, James C Gaither, Jen Hsun Huang, Mark A Stevens, Mark L Perry, Michael Byron, Persis Drell, 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 State Street Corp, Jennison Associates LLC, Massachusetts Financial Services Co. MA, Geode Capital Management LLC, Point72 Asset Management L.P., Nomura Holdings Inc., Alliancebernstein L.P. and AQR Capital Management LLC. Company insiders that have sold NVIDIA Corporation stock in the last year include A Brooke Seawell, Ajay K Puri, Colette Kress, Debora Shoquist, Jen Hsun Huang, Mark L Perry, Michael Byron, Persis Drell, 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 Wellington Management Group LLP, Vanguard Group Inc., Ameriprise Financial Inc., Winslow Capital Management LLC, WINTON GROUP Ltd, Edgewood Management LLC, Renaissance Technologies LLC and Janus Capital Management LLC. 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 $159.47.