NVIDIA Corporation (NASDAQ:NVDA) most recently reported quarterly actual earnings per share of $0.44 for the period ending on 2016-07-31. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $0.37. The difference between the estimate and the actual EPS was $0.07 creating a surprise factor of 18.92%. Currently, the company has an impact score of 76. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.159. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $63.4 on the shares. The most bullish brokerage firm has a $75 target, while the most bearish sees the stock headed towards $44. This is according to the 15 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 2. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 15 recommendations taking into account in order to arrive at this number. Of the 15, 13 have a Strong Buy rating and 1 are rating it a Buy.
NVIDIA Corporation (NVIDIA) is engaged in creating the graphics chips used in personal computers (PCs). The Company operates in three segments: graphics processing unit (GPU) Business, professional solutions business (PSB) and consumer products business (CPB). Its mobile processors are used in cell phones, tablets and auto infotainment systems. Designers use GPUs to create visual effects in movies and create everything from golf clubs to jumbo jets. NVIDIA solutions are based on two technologies: the GPU and the mobile processor. GPUs are the engines of visual computing, the science and art of using computers to understand, create and enhance images. It has three GPU product brands: GeForce, Quadro and Tesla. During the fiscal year ended January 29, 2012 (fiscal 2012), it acquired Icera Inc. In fiscal 2012, it launched Project Maximus. Effective July 29, 2013, NVIDIA Corp acquired Portland Group Inc, a wholesaler of parallel computing software, from STMicroelectronics NV.
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