Research Analysts Set Expectations for NVIDIA Q2 Earnings

NVIDIA Corporation (NASDAQ:NVDA) – Equities researchers at KeyCorp raised their Q2 2027 earnings estimates for NVIDIA in a report issued on Monday, July 13th. KeyCorp analyst J. Vinh now forecasts that the computer hardware maker will earn $2.03 per share for the quarter, up from their previous estimate of $1.85. KeyCorp currently has a “Overweight” rating and a $330.00 target price on the stock. The consensus estimate for NVIDIA’s current full-year earnings is $8.79 per share. KeyCorp also issued estimates for NVIDIA’s Q3 2027 earnings at $2.30 EPS, Q4 2027 earnings at $2.60 EPS and FY2027 earnings at $8.74 EPS.

A number of other analysts have also commented on NVDA. New Street Research cut their price target on NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. Bank of America reiterated a “buy” rating and issued a $350.00 price objective (up from $320.00) on shares of NVIDIA in a report on Thursday, May 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a research report on Wednesday, July 8th. William Blair reissued an “outperform” rating on shares of NVIDIA in a report on Tuesday, June 2nd. Finally, Stifel Nicolaus set a $282.00 price target on shares of NVIDIA and gave the company a “buy” rating in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $304.26.

NVIDIA Price Performance

Shares of NVDA opened at $202.81 on Friday. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The stock has a market cap of $4.91 trillion, a PE ratio of 31.06, a PEG ratio of 0.45 and a beta of 2.21. NVIDIA has a 12-month low of $164.07 and a 12-month high of $236.54. The business has a 50-day simple moving average of $209.63 and a two-hundred day simple moving average of $195.10.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.11. The company had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.NVIDIA’s revenue for the quarter was up 85.2% on a year-over-year basis. During the same quarter last year, the business posted $0.81 EPS.

Hedge Funds Weigh In On NVIDIA

A number of hedge funds have recently bought and sold shares of NVDA. Intergy Private Wealth LLC lifted its holdings in NVIDIA by 3.4% in the second quarter. Intergy Private Wealth LLC now owns 12,557 shares of the computer hardware maker’s stock valued at $2,513,000 after buying an additional 416 shares during the period. Diversified Trust Co. grew its holdings in NVIDIA by 2.0% during the 2nd quarter. Diversified Trust Co. now owns 684,621 shares of the computer hardware maker’s stock worth $136,986,000 after acquiring an additional 13,183 shares during the period. Cary Street Partners Financial LLC grew its holdings in NVIDIA by 3.8% during the 2nd quarter. Cary Street Partners Financial LLC now owns 247,223 shares of the computer hardware maker’s stock worth $49,467,000 after acquiring an additional 8,983 shares during the period. SeaBridge Investment Advisors LLC raised its position in shares of NVIDIA by 1.7% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 26,997 shares of the computer hardware maker’s stock worth $5,402,000 after acquiring an additional 443 shares in the last quarter. Finally, Rosenberg Matthew Hamilton raised its position in shares of NVIDIA by 3.3% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 23,468 shares of the computer hardware maker’s stock worth $4,696,000 after acquiring an additional 754 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. This represents a 4.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by company insiders.

NVIDIA declared that its Board of Directors has initiated a share repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. The ex-dividend date was Thursday, June 4th. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded its AI footprint in Japan with new partnerships across robotics, manufacturing, and public-sector infrastructure, including a national AI infrastructure initiative and the launch of Cosmos 3 Edge and Nemotron-based local AI projects. These moves reinforce NVDA’s role as the core platform for physical AI and could support long-term demand. Japan Government, Industrial Leaders and NVIDIA Launch the World’s First National AI Infrastructure
• Positive Sentiment: Multiple analysts raised earnings estimates for NVIDIA, with KeyCorp and Erste Group boosting forecasts and maintaining bullish ratings/price targets. That suggests Wall Street still sees strong profit growth ahead.
• Positive Sentiment: TSMC reported strong AI-driven demand, which is a positive read-through for NVIDIA’s supply chain and ongoing chip demand. TSMC Just Announced Fantastic News for Nvidia Shareholders
• Neutral Sentiment: Apple briefly overtook NVIDIA as the world’s most valuable company, highlighting a rotation in mega-cap leadership and renewed investor doubts about how much AI upside is already priced into NVDA. Apple dethrones Nvidia as world’s most valuable company, ending the chipmaker’s long run at the top
• Neutral Sentiment: Several articles point to a broader semiconductor sell-off and “sell the news” behavior in AI and chip stocks, which appears to be pressuring NVDA along with peers rather than reflecting a company-specific setback. Why Nvidia stock is down around 2.5% on Thursday
• Negative Sentiment: Market commentary from Jim Cramer and other bearish notes on semiconductors suggest some investors are rotating out of chip stocks, adding near-term pressure to NVDA sentiment. Jim Cramer Says Semiconductor Stocks Are “Going Down.” Buy These 2 Dividend Stocks Instead

About NVIDIA

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.