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Nvidia (NVDA) Stock Analysis: The Best Semiconductor Company?
This evening Nvidia (#NVDA) announced their Q4 earnings and rocked analyst expectations! The company reported Non-GAAP EPS of $3.10 (beat by $0.29) and revenue of $5B (+60.8% Y/Y).
Shares of #Nvidia are up +92% for the year and for good reason! Their profit margins are wide and the companies guidance continues to increase. Outlook for the first quarter of fiscal 2022 projects revenue to increase up to $.30B from the $5B that was just reported. All dips in Nvidia should be considered as buying opportunities!
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By Financial MoversThis evening Nvidia (#NVDA) announced their Q4 earnings and rocked analyst expectations! The company reported Non-GAAP EPS of $3.10 (beat by $0.29) and revenue of $5B (+60.8% Y/Y).
Shares of #Nvidia are up +92% for the year and for good reason! Their profit margins are wide and the companies guidance continues to increase. Outlook for the first quarter of fiscal 2022 projects revenue to increase up to $.30B from the $5B that was just reported. All dips in Nvidia should be considered as buying opportunities!