- Nvidia surpassed first-quarter revenue expectations with $44.06 billion, marking a 69% year-over-year increase, against the estimated $43.29 billion.
- Data center revenue soared by 73% year-over-year, reaching $39.1 billion, slightly missing the estimate of $39.22 billion.
- Automotive revenue increased by 72% year-over-year to $567 million, but came in below the estimated $579.4 million.
- The adjusted gross margin decreased to 61%, compared to 78.9% the previous year, and was below the estimate of 71%.
- Research and development expenses rose by 47% year-over-year to $3.99 billion, which was below the estimated $4.07 billion.
- Adjusted operating expenses were $3.58 billion, up 43% year-over-year, and slightly under the forecasted $3.63 billion.
- Adjusted operating income was $23.28 billion, marking a 29% year-over-year increase, but failed to meet the $27.15 billion estimate.
- Adjusted earnings per share (EPS) was 81 cents, below the estimated 93 cents.
- Nvidia’s free cash flow increased by 75% year-over-year to $26.14 billion.
- The company anticipates operating expense growth for the full fiscal year 2026 to be in the mid-30% range.
- Analyst recommendations include 68 buys, 9 holds, and 1 sell.
NVIDIA Corp on Smartkarma
Analyst coverage of NVIDIA Corp on Smartkarma reveals diverse sentiments. Nico Rosti‘s bullish report, “All Eyes On Nvidia (NVDA US): Post-Earnings Outlook and Profit Targets,” forecasts support at 123-112 and rally targets at 156-184 post-earnings. William Keating‘s bearish view in “NVIDIA’s China Dilema Is Worse Than You Think…” highlights the company’s declining market share in China from 95% to 50%. On a bullish note, Nicolas Baratte‘s analysis, “Nvidia’s Jensen Complaining About Export Restrictions to China: How Much Is at Stake? Quite a Lot.,” suggests potential downside risks due to new China-specific chip developments. In another bullish insight, Baratte mentions “Nvidia’s Jensen at Computex: 3 Big Announcements, and Smaller Ones,” showcasing Nvidia’s major announcements at Computex, positioning Mediatek and Hon Hai as key partners.
Lastly, Patrick Liao‘s bullish report, “Nvidia (NVDA.US): Jensen Delivers Keynote Speech at COMPUTEX Today; Confirm Offshore HQ Location,” highlights CEO Jensen Huang’s visit to Taiwan for COMPUTEX Taipei and the company’s global expansion efforts. The analysts’ contrasting views provide investors with a holistic perspective on NVIDIA Corp‘s market performance and strategic outlook.
A look at NVIDIA Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the long-term outlook for NVIDIA Corp, its Smartkarma Smart Scores paint a positive picture. With a strong emphasis on growth and resilience, scoring 5 and 4 respectively, NVIDIA is positioned well for future success. The company’s focus on innovation and adapting to market changes highlights its ability to withstand challenges and continue to expand its market presence.
Although the scores for value and dividend are moderate at 2 each, the high scores in growth and resilience indicate that NVIDIA is geared towards long-term sustainability and expansion. The momentum score of 3 suggests consistent performance and potential for further growth. Overall, with a solid foundation in designing advanced graphics processors and software, NVIDIA Corporation seems poised to continue its upward trajectory in the competitive tech industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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