NVIDIA had a net margin of 26.03% and a return on equity of 36.83%. The firm had revenue of $6.70 billion during the quarter, compared to analyst estimates of $6.70 billion. The computer hardware maker reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.05). NVIDIA ( NASDAQ:NVDA – Get Rating) last announced its earnings results on Wednesday, August 24th.

Based on data from, the stock has an average rating of Moderate Buy and an average price target of $216.68. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the stock.

Finally, Fubon Bank cut NVIDIA from a buy rating to a neutral rating in a report on Thursday, August 25th. Jefferies Financial Group decreased their target price on NVIDIA from $370.00 to $280.00 in a report on Thursday, August 25th. Morgan Stanley decreased their target price on NVIDIA from $217.00 to $182.00 and set an equal weight rating for the company in a report on Thursday, May 26th. Oppenheimer decreased their target price on NVIDIA from $350.00 to $300.00 and set an outperform rating for the company in a report on Thursday, May 19th. Wells Fargo & Company lowered their price target on NVIDIA from $370.00 to $250.00 and set an overweight rating for the company in a report on Friday, May 20th. Other analysts have also recently issued research reports about the company. TheStreet lowered shares of NVIDIA ( NASDAQ:NVDA – Get Rating) from a b- rating to a c+ rating in a research note issued to investors on Thursday, TheStreetRatingsTable reports.

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