NVDA Stocktwits has a 83 out of 99 EPS rating, averages 861 Tweets and 4.78M Impressions per 24 hours, and has a Trending bar that is dominated by ETFs. NVDA's core gaming and data-center markets are both a source of worry.
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NVDA's EPS rating is 83 out of 99
NVDA's EPS rating is 83 out of 99, and this means that the company's earnings growth is higher than the average stock in the S&P 500. It also means that Nvidia's stock is overvalued relative to the trailing earnings and book value.
As a leading chip manufacturer, Nvidia's future looks bright. They are expanding in data centers, cloud gaming, and automated electric cars. They also have enough cash to compete for new technologies.
However, there are several near-term challenges for Nvidia's stock. For example, inflation remains stubborn, and the Federal Reserve is planning to raise interest rates to cool inflation. Also, the Russian invasion in Ukraine is another worry. In addition, the Fed is withdrawing liquidity from the market.
The chip manufacturer's revenue jumped 46.4% year-over-year, and Nvidia's earnings beat Wall Street's expectations. However, the company's guidance came in slightly lower than expected. Nvidia expects its current quarter revenue to run at $8.1 billion.
Nvidia's revenue was driven by its gaming and data center platforms. In addition, Nvidia's market platforms saw record revenue for the quarter. However, the company's Automotive and Robotics segment fell (-10%).
Nvidia's fiscal Q2 results are scheduled to be released after market close on Wednesday. These results include gaming results, and Nvidia management will also discuss its Omniverse platform.
Analysts are forecasting Nvidia's revenue to increase 10 percent in fiscal 2024, and its adjusted EPS to increase 31 percent. They expect Nvidia's EPS to increase to $3.06 in fiscal 2023, and $4.97 in fiscal 2025.
Nvidia's SMR rating is B, and it measures the company's profit margins. The company's SMR rating also gauges sales growth.
Nvidia's stock has gained 385% over the past five years, and outperformed 61% of all stocks in the S&P 500. However, the stock has fallen 48 percent during the technology bear market.
In addition to the global macroeconomic environment, the PC sales in the post pandemic market slowed. Also, the Biden administration's lockdowns in China have been a tough spot for Nvidia. Despite the lockdowns, Nvidia plans to continue selling its lower-end A800 data center GPU products to Chinese customers.
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NVDA's core gaming and data-center markets are both a source of worry
Despite a significant moat in its data center business, Nvidia is facing growing short term headwinds. A combination of geopolitical tensions and economic uncertainty is putting the company at risk. In addition, Nvidia's recent $40 billion acquisition of chip designer Arm is still in limbo.
Nvidia's gaming segment, which makes up the majority of its business, saw sales decline during the quarter. In addition, crypto-mining demand dropped sharply. These factors combined to result in excess inventory.
Nvidia's data center business unit, on the other hand, saw sales increase 71% yearover-year. This led to overall margins increasing from 58.4% to 65.1%. This is largely due to the high-end GeForce GPU product mix.
The data center business unit is likely to grow at a much faster rate than the gaming business in the near term. Nvidia's data center division pairs high-end graphics processors with parallel processing power to serve data centers. In addition, Nvidia has a significant amount of exposure to the Chinese market.
As data centers ramp up, the company will see high double-digit growth for years to come. In addition, the company's gaming hardware is expected to increase in 2020. This will bolster Nvidia's consumer sales. However, Nvidia might run into competition pressure in its consumer graphics division.
Nvidia's data center unit could overtake the gaming division as a growth driver. The company has diversified its revenue streams and is well-positioned to take advantage of the data center market. In addition, the company's new A 100 data center GPU is based on a new hopper architecture.
The company's data center business unit, which is centered on artificial intelligence and cloud computing, is expected to grow at a fast clip. Additionally, more tech companies are turning to Nvidia's GPUs for cloud gaming services. The company has also recently introduced a new gaming GPU.
The company has built up a strong brand and a consistent product ecosystem. In addition, the company is expanding in areas like cloud gaming and automated electric cars. The company's financial results for the first half of the fiscal year showed good results, despite a few headwinds. The company is also facing antitrust concerns from regulators in a number of countries.