All eyes are on tech titan Nvidia Corp. ahead of its big Q1FY27 earnings day on May 20. Experts have remained bullish on the Jensen Huang-led chipmaker and anticipate it to outperform its year-ago financial fineprint by a hefty margin.
Out of the 80 analysts tracking the bellwether company on Bloomberg, 95% or 76 recommend buying its stock, while three have a 'hold' call and only 1 suggests selling it.
Morgan Stanley, JP Morgan, and Cator Fitzgerald have maintained an overweight rating for Nvidia, while Wedbush, KGI Securities, Evercore ISI, and RBC Capital give it solid 'outperform'.
Other brokerages like Jefferies and Goldman Sachs have a 'buy' call on the shares. The average 12-month consensus price target of $276.36 implies an upside of 22.8%.
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Analysts' consensus estimates on Bloomberg indicate that the bellwether company may post a $78,914.2 million revenue, soaring 79% year-on-year from $44,062 million.
Net profit is anticipated to rocket 83% to $43,217.9 million from $23,635 million. Earnings per share are expected to rise to $1.77 from $0.96 in the first quarter of FY26.
The data center revenue, a highly watched component of the company's financial performance, is expected to increase by 87.5% to $73,326 million from $39,112 million.
The chipmaker is expected to clock a net income margin of 55.06%, up from 45.15% in the year-ago period while gross margins may expand to 75.06% from 71.30% in Q1FY26.
Sequential Performance Consensus Estimates
- Revenue up 15.8% At $78,914.2 million Vs $68,127 million (QoQ)
- Data Center Revenue up 17.7% At $73,326 million Vs $62,314 million (QoQ)
- Net profit up 9.3% At $43,217.9 million Vs $39,552 million (QoQ)
- EPS up 9.3% At $1.77 Vs $1.62 (QoQ)
Nvidia Share Price
Amid a highly volatile market sentiment on Monday, Nvidia's stock traded 1.53% lower at $221.44 apiece as of 10:55 a.m, after opening over 2% higher at $229.87. So far, the scrip has risen to an intraday high of $230.
The share price has risen 17.60% year-to-date and 63.82% in the last 12 months.
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