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Technology Stocks : Artificial Intelligence, Robotics, Chat bots - ChatGPT
NVDA 180.19+1.3%Nov 26 3:59 PM EST

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John Pitera
To: John Pitera who wrote (1)7/22/2017 7:24:08 PM
From: Gone to Money Heaven1 Recommendation  Read Replies (2) of 5513
 
Which is a shame because just looking at the numbers again makes me want to own the stock.

As I said at the outset, Nvidia has scaled itself into an enviable financial position, and the growth trajectory for the next few years is already likely to be set in.

Consensus estimates for FY’18 and FY’19 (Jan) appear subdued with forecasted EPS of only $3.08 and $3.45, respectively. I foresee scenarios where the street-high of $4.01 for FY’19 ends up being topped this year.

The FQ2 (Jul) outlook guides to sales of almost ~$2bn with gross margin of ~58.5% and operating expense of $605m inclusive of $75m stock comp. Taking margins closer to 60%, adjusted EPS should be closer to $0.85+ than the $0.69 consensus.

That’s how “analyst math” works when everybody has a buy rating. Nobody wants to end the momentum.

"after all the "technical bs this is the bottom line of this article".
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