FY2028 Earnings Forecast for NVIDIA Issued By Zacks Research

NVIDIA Corporation (NASDAQ:NVDA) – Research analysts at Zacks Research upped their FY2028 earnings per share (EPS) estimates for NVIDIA in a research report issued on Thursday, December 18th. Zacks Research analyst Team now forecasts that the computer hardware maker will post earnings per share of $8.01 for the year, up from their previous forecast of $7.76. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for NVIDIA’s current full-year earnings is $2.77 per share.

A number of other brokerages also recently issued reports on NVDA. Arete Research boosted their price objective on shares of NVIDIA from $244.00 to $261.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NVIDIA in a research note on Monday, December 15th. Wells Fargo & Company reissued an “overweight” rating and issued a $265.00 price target (up from $220.00) on shares of NVIDIA in a research note on Friday, November 14th. The Goldman Sachs Group restated a “buy” rating and issued a $240.00 price objective (up from $210.00) on shares of NVIDIA in a report on Friday, October 31st. Finally, Evercore ISI set a $352.00 price objective on NVIDIA and gave the company an “outperform” rating in a research report on Thursday, November 20th. Five investment analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $262.14.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $180.99 on Monday. The business has a 50 day moving average of $185.58 and a 200 day moving average of $175.40. NVIDIA has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a market cap of $4.40 trillion, a PE ratio of 44.91, a P/E/G ratio of 0.89 and a beta of 2.29. The company has a quick ratio of 3.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.07. The business had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. NVIDIA had a return on equity of 99.24% and a net margin of 53.01%.The business’s revenue was up 62.5% on a year-over-year basis. During the same quarter last year, the business posted $0.81 EPS.

Hedge Funds Weigh In On NVIDIA

Several large investors have recently modified their holdings of NVDA. Joule Financial LLC increased its position in shares of NVIDIA by 2.2% during the third quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker’s stock valued at $431,000 after acquiring an additional 50 shares in the last quarter. Vision Financial Markets LLC increased its holdings in shares of NVIDIA by 1.2% in the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock worth $866,000 after purchasing an additional 53 shares in the last quarter. Websterrogers Financial Advisors LLC raised its stake in shares of NVIDIA by 2.6% in the third quarter. Websterrogers Financial Advisors LLC now owns 2,118 shares of the computer hardware maker’s stock worth $395,000 after purchasing an additional 54 shares during the last quarter. IMG Wealth Management Inc. raised its stake in shares of NVIDIA by 1.4% in the third quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker’s stock worth $713,000 after purchasing an additional 54 shares during the last quarter. Finally, Cyr Financial Inc. lifted its holdings in shares of NVIDIA by 0.7% during the third quarter. Cyr Financial Inc. now owns 7,737 shares of the computer hardware maker’s stock valued at $1,444,000 after purchasing an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Friday, October 17th. The stock was sold at an average price of $182.31, for a total transaction of $13,673,250.00. Following the completion of the transaction, the chief executive officer owned 70,183,203 shares in the company, valued at approximately $12,795,099,738.93. The trade was a 0.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Debora Shoquist sold 80,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $184.65, for a total value of $14,772,000.00. Following the completion of the sale, the executive vice president directly owned 1,574,443 shares in the company, valued at $290,720,899.95. This trade represents a 4.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,088,974 shares of company stock valued at $382,662,167 over the last ninety days. Company insiders own 4.17% of the company’s stock.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s dividend payout ratio (DPR) is presently 0.99%.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: U.S. review could pave way for H200 shipments to China — reports say the administration launched a review that might allow exports of Nvidia’s H200 AI chips to China, which would materially expand addressable demand and revenue prospects. US launches review of advanced Nvidia AI chip sales to China
• Positive Sentiment: Regulatory overhang removed on Intel tie-up — U.S. antitrust agencies cleared Nvidia’s investment in Intel, reducing a near-term regulatory risk and supporting strategic partnerships that could help scale production and go-to-market efforts. Nvidia-Intel deal cleared by US antitrust agencies
• Positive Sentiment: Analysts getting more bullish — several firms (Sanford C. Bernstein reiterated buy at $275, Truist raised its PT to $275, Zacks boosted EPS estimates) are lifting targets or confirming buys, helping technical momentum and positioning for upside. MarketScreener Latest Ratings
• Neutral Sentiment: Management clarifies OpenAI investment status — Jensen Huang said Nvidia has not yet funded its announced plan around OpenAI, which removes some rumor-driven uncertainty but leaves the timing and size of any investment unclear. Nvidia has not given OpenAI ‘a penny yet,’ CEO Huang tells Fox Business
• Negative Sentiment: Insider selling disclosed — long-time director Harvey Jones sold 250,000 shares (~$44M), a headline that can spook some investors even though large insiders often diversify. Nvidia director sells $44 million in stock

NVIDIA Company Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.