NVIDIA CorporationNvidia rated Zacks Rank #1 (Strong Buy) with consensus earnings and sales estimates climbing sharply, an analyst-valuation event.

Nvidia has been rated Zacks Rank #1 (Strong Buy), with the consensus earnings estimate for the current fiscal year standing at $9.25 per share, a change of +93.9% from the prior year. For the current quarter, Nvidia is expected to post earnings of $2.47 per share, up +90% from the year-ago quarter, and that consensus estimate has moved +5.8% over the last 30 days. For the next fiscal year, the consensus estimate of $15.33 indicates a change of +65.8%, and it has risen +21.8% over the past month. Consensus sales estimates stand at $109.02 billion for the current quarter, $406.05 billion for the current fiscal year and $671.95 billion for the next fiscal year, indicating year-over-year changes of +91.2%, +88% and +65.5%, respectively. In its last reported quarter, Nvidia posted revenues of $96.22 billion, a year-over-year change of +105.9%, and EPS of $2.22 versus $1.05 a year ago, beating the Zacks Consensus revenue estimate of $91.8 billion by +4.82% and the EPS estimate by +6.22%.
NVIDIA CorporationNvidia rated Zacks Rank #1 (Strong Buy) with consensus earnings and sales estimates climbing sharply, an analyst-valuation event.