- Nvda stock earnings report plus#
- Nvda stock earnings report download#
- Nvda stock earnings report free#
There are so many things that are personalized that go into investment decisions, such as time horizon, risk tolerance, area of expertise, time desired to follow a stock, etc., and this is not financial advice, just an opinion. As a reminder, this scoring system is subjective and meant to invoke thought and research by the investor. Let's find out if the 5P Scoring System can help tell us why and if we would want to take a position. Nvidia is one of the most successful mega-cap stocks of our time. I can't think of a better way to deep-dive into this scoring system than for me to use it on Nvidia Corporation (NVDA) and see where it ranks. This scoring system has helped me factor in both qualitative and quantitative metrics in my thesis for stocks. The goal of this article is to introduce readers to my 5P Stock Scoring System, as I will be using this in future articles to provide a summary of if a stock is investable at the moment. The company has now reached over 3 million developers leveraging its GPUs and AI computing platform. NVDA has expanded into impacting industries such as healthcare, automotive, gaming, agriculture, cloud computing, and many more. NVDA was named the #1 place to work in 2022 by Glassdoor and has been a top place to work for the last 8 out of 10 years.Įven after a 63% YTD decline, NVDA has been one of the best-returning stocks since going IPO 23 years ago as it would have returned 135x your initial investment.
Nvidia is a founder-led CEO company that has transformed over 29 years from a graphics card company to the accelerated computing platform of choice for enterprises. To read this article on click here.Nvidia: Does It Pass The 5P Stock Scoring System?
Nvda stock earnings report free#
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
Nvda stock earnings report download#
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Nvda stock earnings report plus#
In terms of the Zacks Industry Rank, Semiconductor - General is currently in the top 12% of the 250 plus Zacks industries. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. The current consensus EPS estimate is $1.09 on $6.89 billion in revenues for the coming quarter and $4.14 on $25.86 billion in revenues for the current fiscal year. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. So, the shares are expected to outperform the market in the near future. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock.
Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Īhead of this earnings release, the estimate revisions trend for Nvidia was favorable. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. While Nvidia has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Nvidia shares have added about 131.4% since the beginning of the year versus the S&P 500's gain of 25.2%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
0 kommentar(er)
