NVIDIA Corporation (NVDA) is set to report its first-quarter fiscal 2027 results on May 20, post-market close. The company anticipates revenues of $78 billion (+/- 2%), while the Zacks Consensus Estimate stands at $78.75 billion, indicating a 78.7% year-over-year increase. The adjusted consensus estimate for earnings is $1.77 per share, reflecting a 118.5% growth from the previous year’s earnings of 81 cents per share.
The Data Center business is expected to significantly contribute to NVIDIA’s quarterly performance, with revenues projected at $73.15 billion, driven by strong demand for chips due to the rise in generative AI and cloud services. Other segments, such as Gaming and Professional Visualization, are forecasted to generate $3.33 billion and $1.05 billion, respectively, while the Automotive segment is anticipated to reach $655.33 million in revenue.
NVIDIA’s shares have seen a 74.6% increase over the past year, underperforming the Zacks Semiconductor – General industry average of 76.4%. The current forward price-to-earnings (P/E) ratio for NVIDIA is 26.63X, lower than the industry average of 29.16X, positioning the stock as an attractive investment opportunity.
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