What is DA Davidson’s Forecast for NVIDIA FY2027 Earnings?

NVIDIA Corporation (NASDAQ:NVDA) – Equities researchers at DA Davidson raised their FY2027 EPS estimates for shares of NVIDIA in a research note issued to investors on Thursday, November 20th. DA Davidson analyst G. Luria now forecasts that the computer hardware maker will earn $7.47 per share for the year, up from their prior forecast of $5.65. DA Davidson currently has a “Buy” rating and a $250.00 price target on the stock. The consensus estimate for NVIDIA’s current full-year earnings is $2.77 per share.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. The business had revenue of $57.01 billion during the quarter, compared to analyst estimates of $54.66 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business’s revenue for the quarter was up 62.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS.

A number of other equities research analysts have also issued reports on NVDA. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research report on Thursday, November 20th. Susquehanna lifted their price target on NVIDIA from $230.00 to $250.00 and gave the stock a “positive” rating in a research note on Thursday, November 20th. CICC Research upped their price objective on shares of NVIDIA from $200.00 to $228.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of NVIDIA in a report on Thursday, November 13th. Finally, Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Four analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $258.19.

NVIDIA Trading Down 2.6%

Shares of NVDA stock opened at $177.82 on Monday. The stock has a 50-day simple moving average of $186.62 and a 200 day simple moving average of $169.66. The stock has a market capitalization of $4.32 trillion, a P/E ratio of 50.66, a P/E/G ratio of 1.49 and a beta of 2.11. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $212.19. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

Institutional Trading of NVIDIA

A number of hedge funds have recently bought and sold shares of the stock. Harbor Asset Planning Inc. acquired a new position in NVIDIA in the 2nd quarter valued at approximately $28,000. Winnow Wealth LLC acquired a new stake in shares of NVIDIA during the 2nd quarter worth approximately $32,000. Longfellow Investment Management Co. LLC increased its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after purchasing an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA in the second quarter valued at $40,000. Finally, Sellwood Investment Partners LLC acquired a new position in shares of NVIDIA in the third quarter valued at $50,000. 65.27% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 3,251,577 shares of company stock valued at $583,143,187. Insiders own 4.17% of the company’s stock.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be paid a $0.01 dividend. The ex-dividend date is Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is presently 0.99%.

About NVIDIA

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.