Analysts at Erste Group Bank just bumped up earnings projections for NVIDIA Corporation (NASDAQ: NVDA). They now expect fiscal year 2027 earnings at $8.54 per share, up from $7.83. News came June 5. Reflects optimism as demand for NVIDIA's products surges .
Consensus for NVIDIA's full-year earnings sits at $8.61 per share . Erste Group's also eyeing fiscal year 2028,predicting $11.89 per share.
NVIDIA's latest earnings for quarter ending May 20 hit $1.87 per share,beating expectations of $1.76. Revenue reached $81.62 billion,topping the forecast of $78.42 billion. Year-over-year revenue jumped 85.2%,a big leap from $0.81 per share same quarter last year.
Other financial institutions have also upped their price targets for NVIDIA. Argus went from $220 to $270,keeping “buy” rating . HSBC moved from $295 to $325. CICC Research adjusted from $240.60 to $268.30. Tigress Financial now targets $425,up from $360 . Piper Sandler stays “overweight.”
NVIDIA's got an average "Buy" rating from analysts. Three "Strong Buy," forty-eight "Buy," three "Hold." Average target price: $305.67.
June 26, NVIDIA set to pay quarterly dividend of $0.25 per share. Up from $0.01. Annual payout: $1.00,yielding 0.5%. Dividend payout ratio is 15.31% now .
NVIDIA's board okayed stock buyback plan May 20. Up to $80 billion in shares . Signals management thinks stock's undervalued.
Insider trading got attention. Stephen C. Neal,NVIDIA director,sold 15,500 shares June 3. Average price $215.73,total ~$3.34 million . He still holds 116,135 shares, worth over $25 million . Another director,John Dabiri,sold 625 shares May 27 for ~$133,750.
Institutional investors keen on NVIDIA too. Lifetime Wealth Management P.C. and Longview Financial Advisors Inc. bought new positions. Longfellow Investment Management Co. LLC boosted stake by 47.9% in Q2. Institutional investors own ~65.27% of NVIDIA stock now.
But NVIDIA's not without challenges. Semiconductor market dips have sparked volatility. Investors more choosy with AI-related stocks.
As NVIDIA grows in AI infrastructure,partnering with Microsoft and KKR, it's still a hot pick for those eyeing advanced computing tech…
