CFO Commentary to Be Provided in Writing Ahead of Call
SANTA CLARA, Calif., May 04, 2022 (GLOBE NEWSWIRE) -- NVIDIA will host a conference call on Wednesday, May 25, at 2 p.m.PT (5 p.m. ET) to discuss its financial results for the first quarter of fiscal year 2023, which ended April 30, 2022.
The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company’s prepared remarks will be followed by a question-and-answer session, which will be limited to questions from financial analysts and institutional investors.
Ahead of the call, NVIDIA will provide written commentary on its first-quarter results from its CFO. This material will be posted to investor.nvidia.com immediately after the company’s results are publicly announced at approximately 1:20 p.m. PT.
The webcast will be recorded and available for replay until the company’s conference call to discuss financial results for its second quarter of fiscal year 2023.
About NVIDIA
NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others. More information at https://nvidianews.nvidia.com/.
For further information, contact:
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Simona Jankowski | Robert Sherbin |
Investor Relations | Corporate Communications |
NVIDIA Corporation | NVIDIA Corporation |
sjankowski@nvidia.com | rsherbin@nvidia.com |
© 2022 NVIDIA Corporation. All rights reserved. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.
FAQs
NVIDIA (NASDAQ: NVDA) today reported revenue for the first quarter ended April 28, 2024, of $26.0 billion, up 18% from the previous quarter and up 262% from a year ago. For the quarter, GAAP earnings per diluted share was $5.98, up 21% from the previous quarter and up 629% from a year ago.
What are the Nvidia quarterly results expectations? ›
NVIDIA Corporation Common Stock is expected* to report earnings on 08/28/2024 after market close. The report will be for the fiscal Quarter ending Jul 2024. According to Zacks Investment Research, based on 13 analysts' forecasts, the consensus EPS forecast for the quarter is $0.59.
What is the Nvidia Q1 2025 result? ›
Nvidia's fiscal Q1 2025 earnings release
The segment saw its Q1 revenue surge to $22.6 billion, nearly $1.5 billion ahead of the $21.2 billion consensus estimate coming into the quarter. This revenue surge has continued to be driven by strong demand for Hopper GPUs, particularly from cloud service providers.
What were Nvidia q4 financial results? ›
Fourth-quarter revenue was $463 million, up 11% from the previous quarter and up 105% from a year ago. Full-year revenue rose 1% to $1.6 billion. Announced adoption of NVIDIA Omniverse™ by the global automotive-configurator ecosystem.
What is the price target for Nvidia in 2025? ›
Long-Term NVIDIA Stock Price Predictions
Year | Prediction | Change |
---|
2025 | $ 201.12 | 80.23% |
2026 | $ 362.48 | 224.83% |
2027 | $ 653.30 | 485.44% |
2028 | $ 1,177.44 | 955.15% |
2 more rows
Is Nvidia overpriced? ›
Analysts' Perspectives on Nvidia Overvaluation
Analysts are divided on whether Nvidia is overvalued. Some believe its stock price reflects its future growth potential, particularly in AI and data centers, while others argue that the current valuation is unsustainable and inflated by speculative trading.
Will Nvidia stock reach $1000? ›
Hence, based on current estimates, the chances of Nvidia's share price crossing $1,000 in the next decade appear slim. These projections, however, can change in case Nvidia makes even more dramatic advances in AI technologies in the coming years.
How high will Nvidia stock go? ›
Average Price Target
Based on 41 Wall Street analysts offering 12 month price targets for Nvidia in the last 3 months. The average price target is $142.74 with a high forecast of $200.00 and a low forecast of $90.00. The average price target represents a 27.91% change from the last price of $111.59.
How much money would I have if I invested in Nvidia? ›
Then came the generative AI explosion in 2023 and 2024. At the end of last year, your initial $10,000 position in Nvidia would have grown to over $12 million. If you continued to hold on to all of your shares, your investment would today be worth (drum roll, please)... over $30 million.
How much will Nvidia be worth in 5 years? ›
Assuming Nvidia does hit $184.5 billion in revenue in fiscal 2027, its top line would have increased at a compound annual rate of 45%. If the semiconductor giant's growth tapers off in the two that follow years to, let's say 25% a year, its revenue could reach $288 billion after five years.
Beth Kindig and the I/O Fund have projected Nvidia to potentially rise to a $10 trillion valuation by 2030 on strong data center growth from its rapid GPU roadmap and upcoming software and automotive opportunities, but Kindig believes that AMD and its opportunity in AI inference may help the stock outpace Nvidia's ...
Will Nvidia stock split in 2024? ›
Each record holder of common stock as of the close of market on Thursday, June 6, 2024, will receive nine additional shares of common stock, to be distributed after the close of market on Friday, June 7, 2024. Trading is expected to commence on a split- adjusted basis at market open on Monday, June 10, 2024.
What is the Nvidia Q1 2024 result? ›
Financial performance: New records broken
NVIDIA reported a record revenue of $26 billion in Q1 2024, marking an 18% increase quarter over quarter and 262% year over year.
Why is Nvidia falling? ›
Key Points. Downbeat economic data pushed Nvidia and the rest of the stock market lower today. The Fed's decision to not cut rates yesterday also seems to be contributing to the slide. While demand for Nvidia's products remains strong, concerns about valuation are likely to persist.
What is the outlook for Nvidia in 2024? ›
However, when gains have exceeded 100% in the first half of the year, the stock has returned a median of 17% in the second half. So history implies Nvidia shareholders could see a 17% return on their investments in the remaining months of 2024.
What time is Nvidia earning calls? ›
(RTTNews) - NVIDIA Corporation (NVDA) will host a conference call at 5:00 PM ET on May 22, 2024, to discuss Q1 25 earnings results. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
What is the whisper number for Nvidia? ›
The company is expected to report a gain of $5.55/share on $24.17 billion in revenue. Meanwhile, the so-called Whisper number is a gain of $5.80/share. The Whisper number is the Street's unofficial view on earnings.
What to expect from NVDA earnings? ›
For fiscal 2025, analysts expect NVDA to report EPS of $2.53, up 114.4% from $1.18 in fiscal 2024. NVDA stock is up 125.3% on a YTD basis, outperforming the broader S&P 500 Index's ($SPX) 14.5% gains and the S&P Semiconductor SPDR's (XSD) 7.7% returns over the same time frame.
How much was Nvidia stock before split? ›
Barclays analysts updated their price target to $145 after the split, up from a split-adjusted $120 or $1200 before the split. 1 The analysts took the opportunity to reiterate their view that Nvidia could see incremental growth in artificial intelligence (AI) product revenue and benefit from sovereign AI.