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Nvidia (NVDA, $245.07) beats fiscal Q4 earnings expectations
Nvidia crushed earnings expectations for the quarter ending January, and issued a strong guidance for the current quarter.
The chipmaker’s adjusted earnings for the quarter rose +69% from the year-ago quarter to $1.32, and beating the $1.22 expected by analysts polled by Refinitiv.
Revenue surged +53% year-over-year to $7.64 billion, versus $7.42 billion expected.
Nvidia’s sales from its data center business rose +71% year-over-year, while revenue from its gaming business climbed +37%. Professional Visualization business rose +109% annually. However, the company’s automotive business was down -14%.
The company projects revenue of $8.1 billion in the first quarter, higher than analyst forecast of $7.29 billion.
CEO Jensen Huang said that the company is experiencing “exceptional” demand because its chips are useful for artificial intelligence and other intensive applications.
According to Huang’s statement, Nvidia’s supply constraints were easing and that supply of products would rise “substantially” in the second half of 2022.
Nvidia said it had $9 billion in long-term supply obligations, up from $2.54 billion a year ago.
NVDA's RSI Indicator ascends from oversold territory
The RSI Oscillator for NVDA moved out of oversold territory on May 13, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 13 similar instances when the indicator left oversold territory. In 11 of the 13 cases the stock moved higher. This puts the odds of a move higher at 85%.
Current price $169.75 crossed the resistance line at $169.87 and is trading between $169.87 resistance and $105.40 support lines. Throughout the month of 04/25/22 - 05/25/22, the price experienced a -15% Downtrend, while the week of 05/18/22 - 05/25/22 shows a +0.22% Uptrend.
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 31 of 43 cases where NVDA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 72%.
The Momentum Indicator moved above the 0 level on May 25, 2022. You may want to consider a long position or call options on NVDA as a result. In 61 of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
The Moving Average Convergence Divergence (MACD) for NVDA just turned positive on May 17, 2022. Looking at past instances where NVDA's MACD turned positive, the stock continued to rise in 36 of 51 cases over the following month. The odds of a continued upward trend are 71%.
Following a +4.10% 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDA advanced for three days, in 279 of 340 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
NVDA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The 50-day Moving Average for NVDA moved below the 200-day moving average on April 20, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NVDA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 67%.
The Aroon Indicator for NVDA entered a downward trend on May 23, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 75%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.12.
The Tickeron PE Growth Rating for this company is 3 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 32 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 64, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 64 (best 1 - 100 worst), indicating fairly steady price growth. NVDA’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 87 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 90 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (15.974) is normal, around the industry mean (6.631). P/E Ratio (44.053) is within average values for comparable stocks, (46.567). Projected Growth (PEG Ratio) (2.236) is also within normal values, averaging (1.651). NVDA has a moderately low Dividend Yield (0.001) as compared to the industry average of (0.020). P/S Ratio (16.000) is also within normal values, averaging (28.546).
The Tickeron Seasonality Score of 95 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.
The average market capitalization across the Semiconductors Industry is 20.4B. The market cap for tickers in the group ranges from 13.4K to 453.3B. TSMWF holds the highest valuation in this group at 453.3B. The lowest valued company is CYBL at 13.4K.
- 5/25/22 7:32 AM: NVIDIA (NVDA, $161.54) saw a $50.7B market cap decrease this week
- 5/19/22 8:24 AM: NVIDIA (NVDA, $169.38), market cap dropped by $31.0B
- 5/18/22 5:18 AM: NVIDIA (NVDA, $181.77), market cap jumped by $22.9B
The average weekly price growth across all stocks in the Semiconductors Industry was -3.24%. For the same Industry, the average monthly price growth was -5.13%, and the average quarterly price growth was -24.73%. QNCCF experienced the highest price growth at 28.42%, while CYBL experienced the biggest fall at -22.75%.
- 5/20/22 5:28 AM: NVIDIA (NVDA, $171.24) was a top weekly gainer, with a +5.87% jump
- 5/5/22 4:57 AM: NVIDIA (NVDA, $203.34) was a top weekly gainer, with a +10.42% jump
- 4/6/22 8:51 AM: NVIDIA (NVDA, $259.31) was a top loser this week, declining -9.51%
The average weekly volume growth across all stocks in the Semiconductors Industry was -8.02%. For the same stocks of the Industry, the average monthly volume growth was 21.32% and the average quarterly volume growth was 32.59%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Positive Outlook today, backed by the 15 Indicator. Tickeron has a positive outlook on this group and predicts a further increase by more than 4.00% within the next month with a likelihood of 59%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.02.
54 stocks in the group of tickers exhibit a similar positive trend based on the RSI indicator with an average likelihood of 78%.
The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), NVIDIA Corp (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Intel Corp (NASDAQ:INTC), Texas Instruments (NASDAQ:TXN), Advanced Micro Devices (NASDAQ:AMD), QUALCOMM (NASDAQ:QCOM), Applied Materials (NASDAQ:AMAT), Analog Devices (NASDAQ:ADI), Micron Technology (NASDAQ:MU).
The average market capitalization across the group is 26.8B. The market cap for tickers in the group ranges from 0 to 460.6B. TSM holds the highest valuation in this group at 460.6B. The lowest valued company is AVGOP at 0.
- 5/25/22 7:32 AM: NVIDIA (NVDA, $161.54) saw a $50.7B market cap decrease this week
- 5/25/22 7:32 AM: Taiwan Semiconductor Manufacturing (TSM, $88.72), market cap dropped by $21.2B
- 5/19/22 8:24 AM: NVIDIA (NVDA, $169.38), market cap dropped by $31.0B
The average weekly price growth across all stocks in the group was 0.47%. For the same group, the average monthly price growth was -4.64%, and the average quarterly price growth was -24.79%. OIIM experienced the highest price growth at 31.13%, while MXL experienced the biggest fall at -10.42%.
- 5/25/22 7:32 AM: indie Semiconductor (INDI, $6.5) was a top loser this week, declining -8.06%
- 5/25/22 7:32 AM: Intel (INTC, $41.67) was a top loser this week, declining -6.15%. Expect a Downtrend reversal
- 5/25/22 7:32 AM: KLA (KLAC, $330.09) was a top loser this week, declining -6.09%. Expect a Downtrend reversal
The average weekly volume growth across all stocks in the group was 37.3%. For the same stocks of the group, the average monthly volume growth was 91.1% and the average quarterly volume growth was 434.88%
- 5/24/22 6:54 AM: The volume for O2Micro International stock increased for one day, resulting in a record-breaking daily growth of 265% of the 65-Day Volume Moving Average
- 5/17/22 6:45 AM: The volume for Infineon Technologies AG stock increased for one day, resulting in a record-breaking daily growth of 276% of the 65-Day Volume Moving Average
- 5/12/22 5:32 AM: The volume for WiSA Technologies stock increased for one day, resulting in a record-breaking daily growth of 311% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), NVIDIA Corp (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Intel Corp (NASDAQ:INTC), Texas Instruments (NASDAQ:TXN), Advanced Micro Devices (NASDAQ:AMD), QUALCOMM (NASDAQ:QCOM), Applied Materials (NASDAQ:AMAT), Analog Devices (NASDAQ:ADI), Micron Technology (NASDAQ:MU).
The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.
The average market capitalization across the Semiconductors Industry is 20.6B. The market cap for tickers in the group ranges from 13.4K to 460.6B. TSMWF holds the highest valuation in this group at 460.6B. The lowest valued company is CYBL at 13.4K.
- 5/25/22 7:32 AM: NVIDIA (NVDA, $161.54) saw a $50.7B market cap decrease this week
- 5/25/22 7:32 AM: Taiwan Semiconductor Manufacturing (TSM, $88.72), market cap dropped by $21.2B
- 5/19/22 8:24 AM: NVIDIA (NVDA, $169.38), market cap dropped by $31.0B
The average weekly price growth across all stocks in the Semiconductors Industry was 0.42%. For the same Industry, the average monthly price growth was -4.54%, and the average quarterly price growth was -22.14%. OIIM experienced the highest price growth at 31.13%, while CYBL experienced the biggest fall at -21.29%.
- 5/25/22 7:32 AM: indie Semiconductor (INDI, $6.5) was a top loser this week, declining -8.06%
- 5/25/22 7:32 AM: Intel (INTC, $41.67) was a top loser this week, declining -6.15%. Expect a Downtrend reversal
- 5/25/22 7:32 AM: KLA (KLAC, $330.09) was a top loser this week, declining -6.09%. Expect a Downtrend reversal
The average weekly volume growth across all stocks in the Semiconductors Industry was -15.14%. For the same stocks of the Industry, the average monthly volume growth was -5.78% and the average quarterly volume growth was 51.81%
- 5/24/22 6:54 AM: The volume for O2Micro International stock increased for one day, resulting in a record-breaking daily growth of 265% of the 65-Day Volume Moving Average
- 5/17/22 6:45 AM: The volume for Infineon Technologies AG stock increased for one day, resulting in a record-breaking daily growth of 276% of the 65-Day Volume Moving Average
- 5/12/22 5:32 AM: The volume for WiSA Technologies stock increased for one day, resulting in a record-breaking daily growth of 311% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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