DA Davidson Has Bullish Estimate for NVIDIA FY2027 Earnings

NVIDIA Corporation (NASDAQ:NVDA) – DA Davidson lifted their FY2027 EPS estimates for NVIDIA in a research report issued on Thursday, November 20th. DA Davidson analyst G. Luria now anticipates that the computer hardware maker will earn $7.47 per share for the year, up from their previous forecast of $5.65. DA Davidson currently has a “Buy” rating and a $250.00 target price on the stock. The consensus estimate for NVIDIA’s current full-year earnings is $2.77 per share.

Other equities analysts have also issued research reports about the company. Rothschild & Co Redburn raised their target price on NVIDIA from $211.00 to $245.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. BNP Paribas upgraded NVIDIA to a “hold” rating in a research note on Friday, August 1st. HSBC set a $320.00 target price on NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. Oppenheimer reiterated an “outperform” rating and issued a $265.00 price target on shares of NVIDIA in a report on Thursday. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $300.00 price objective on shares of NVIDIA in a research note on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $257.79.

NVIDIA Trading Down 1.0%

NASDAQ:NVDA opened at $178.88 on Monday. The company has a market capitalization of $4.35 trillion, a P/E ratio of 50.96, a PEG ratio of 1.49 and a beta of 2.11. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA has a 12 month low of $86.62 and a 12 month high of $212.19. The firm has a fifty day simple moving average of $186.46 and a 200-day simple moving average of $168.77.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. During the same period last year, the business earned $0.81 EPS. NVIDIA’s revenue for the quarter was up 62.5% on a year-over-year basis. NVIDIA has set its Q4 2026 guidance at EPS.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s payout ratio is presently 0.99%.

Insiders Place Their Bets

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the sale, the chief executive officer directly owned 72,248,366 shares of the company’s stock, valued at $12,829,142,350.62. This represents a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 3,251,577 shares of company stock worth $583,143,187. Company insiders own 4.17% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Harbor Asset Planning Inc. acquired a new position in shares of NVIDIA during the 2nd quarter worth about $28,000. Winnow Wealth LLC purchased a new stake in NVIDIA during the 2nd quarter worth approximately $32,000. Longfellow Investment Management Co. LLC raised its holdings in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA in the second quarter valued at approximately $40,000. Finally, Sellwood Investment Partners LLC acquired a new stake in shares of NVIDIA in the third quarter worth approximately $50,000. 65.27% of the stock is 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.