Without considering a stock's valuation, no investment decision can be efficient. The company topped consensus revenue estimates each time over this period. Over the last four quarters, Nvidia surpassed consensus EPS estimates three times. EPS of $0.51 for the same period compares with $1.04 a year ago.Ĭompared to the Zacks Consensus Estimate of $6.7 billion, the reported revenues represent a surprise of +0.03%. Nvidia reported revenues of $6.7 billion in the last reported quarter, representing a year-over-year change of +3%. Last Reported Results and Surprise History The $27.52 billion and $31.98 billion estimates for the current and next fiscal years indicate changes of +2.3% and +16.2%, respectively. In the case of Nvidia, the consensus sales estimate of $5.9 billion for the current quarter points to a year-over-year change of -16.9%. So, it's important to know a company's potential revenue growth. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.ġ2-month consensus EPS estimate for NVDA _12MonthEPSChartUrl Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection.
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Now the key question is: Where could the stock be headed in the near term? The Zacks Semiconductor - General industry, to which Nvidia belongs, has lost 10.4% over this period. Shares of this maker of graphics chips for gaming and artificial intelligence have returned -14.3% over the past month versus the Zacks S&P 500 composite's -2.3% change. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Nvidia (NVDA) has recently been on 's list of the most searched stocks.
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