- Nvidia’s first-quarter total revenue reached $44.06 billion, marking a 69% year-over-year increase, aligning with the estimate of $43.29 billion.
- Data center revenue was $39.1 billion, a 73% increase year-over-year, slightly below the estimated $39.22 billion.
- Compute revenue rose 76% year-over-year to $34.16 billion, below the projected $35.47 billion.
- Networking revenue increased by 56% year-over-year to $4.96 billion, surpassing the estimated $3.45 billion.
- Automotive revenue was $567 million, up 72% year-over-year, missing the estimate of $579.4 million.
- Adjusted gross margin was 71.3%, slightly above the estimate of 71% but down from last year’s 78.9%.
- Research and development expenses totaled $3.99 billion, a 47% increase year-over-year, below the estimated $4.07 billion.
- Adjusted operating expenses increased by 43% year-over-year to $3.58 billion, slightly under the $3.63 billion estimate.
- The adjusted operating income was reported at $23.28 billion, up 29% year-over-year, below the estimated $27.15 billion.
- Adjusted earnings per share (EPS) was 96 cents, surpassing the estimate of 93 cents.
- Free cash flow increased by 75% year-over-year to $26.14 billion.
- Nvidia forecasts second-quarter revenue between $44.1 billion and $45.9 billion, with analyst estimates at $45.45 billion.
- Full fiscal year 2026 operating expenses are projected to grow in the mid-30% range.
- Nvidia shares rose 3% in post-market trading to $138.80, with 3.56 million shares traded.
- Current analyst ratings show 68 buys, 9 holds, and 1 sell.
NVIDIA Corp on Smartkarma
Analysts on Smartkarma are providing insightful coverage of NVIDIA Corp, giving investors a range of perspectives to consider. Nico Rosti‘s bullish outlook highlights post-earnings expectations, with support targets at 123-112 and rally profit targets at 156-184. This analysis presents a potential buy-the-dip opportunity following a recent mild pullback in the stock. On the contrary, William Keating‘s bearish view focuses on NVIDIA’s declining market share in China, raising concerns about the company’s global AI leadership position. Nicolas Baratte delves into the impact of export restrictions on NVIDIA’s China-specific chip, highlighting potential downside risks for FY26 revenues. His analysis suggests a possible 15% downside risk to consensus revenue estimates.
Moreover, Nicolas Baratte‘s bullish stance on NVIDIA explores Jensen Huang’s key announcements at Computex, including support for ASCI CPU designers integrating with NVIDIA, an enterprise on-premise AI solution, and an AI data platform. The focus on partnerships with Mediatek, Hon Hai, and semiconductor designers indicates NVIDIA’s strategic collaborations in the tech industry. Lastly, Patrick Liao‘s coverage emphasizes Jensen Huang’s presence at Computex, underlining NVIDIA’s commitment to global expansion and job creation with over a thousand vacancies. The mix of positive and cautionary insights from these analysts provides a comprehensive view of NVIDIA Corp‘s current dynamics and potential future trajectory.
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
Analysts indicate a positive long-term outlook for NVIDIA Corp, with a significant emphasis on growth and resilience. With a top score of 5 in Growth and a strong score of 4 in Resilience, the company is poised for expansion and is viewed as well-positioned to weather challenges. NVIDIA’s commitment to innovation and its ability to adapt to market dynamics are factors driving this optimistic outlook.
While the Value and Dividend scores are more moderate at 2 each, NVIDIA’s overall momentum score of 3 suggests steady progress in its market presence. As a leading designer and developer of 3D graphics processors, NVIDIA continues to cater to the growing demand for interactive graphics solutions in the mainstream personal computer market, reinforcing its relevance in the 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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