The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict NVIDIA's revenues will drop 0.6% and EPS will wither 31.3%.
The average estimate for revenue is $1.01 billion. On the bottom line, the average EPS estimate is $0.22.
Last quarter, NVIDIA reported revenue of $924.9 million. GAAP reported sales were 3.9% lower than the prior-year quarter's $962.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.16. GAAP EPS of $0.10 for Q1 were 55% lower than the prior-year quarter's $0.22 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 50.1%, 30 basis points worse than the prior-year quarter. Operating margin was 8.3%, 910 basis points worse than the prior-year quarter. Net margin was 6.5%, 760 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $4.18 billion. The average EPS estimate is $0.94.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 5,318 members out of 5,549 rating the stock outperform, and 231 members rating it underperform. Among 1,138 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,092 give NVIDIA a green thumbs-up, and 46 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NVIDIA is outperform, with an average price target of $16.68.
Is NVIDIA the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-Dollar Revolution." Click here for instant access to this free report.
- Add NVIDIA to My Watchlist.