Search results
Results from the WOW.Com Content Network
Still, Nvidia might be able to avoid such a decline if it can continue to maintain triple-digit or high double-digit net income growth for the foreseeable future. 3. Nvidia stock has more stability
As a result of the drop, Nvidia's stock is also on sale. At the time of writing, the stock trades for 44 times forward earnings , which isn't the cheapest valuation in the world.
The pullback is good news. Nvidia (NASDAQ: NVDA) is the most-watched tech stock. There's no question. Its upcoming earnings, which come after the majority of the industry and all of the ...
Nvidia stock was down roughly 7% in after-hours trading (as of this writing,) but it's too early to tell what tomorrow will bring. Taking a step back, the company's results continue to defy the ...
Nvidia turned in first-quarter revenues of $22.1 billion on Wednesday, up 265% from a year ago, compared with analysts’ consensus forecast for a 240% jump to $20.6 billion.
Nvidia investors are expecting volatile moves in the stock after company reports earnings. Traders are pricing in a $300 billion, or an 8% swing, according to options data compiled by Bloomberg.
Nvidia also announced Wednesday a $50 billion increase in its share buyback authorization. The company had $7.5 billion remaining on its existing authorization at the end of the quarter.
But if you bought before the end of a given year and held onto the stock for five years, you'd really be sitting pretty. Nvidia's share price has risen in 19 out of 21 five-year periods since its IPO.