#Nvda earnings date and time full#
#Nvda earnings date and time free#

OK, no one knows for sure but the chart logic is sound i.e. Which means an explosive move upwards from here. If that count is correct then NVDA is early in a Wave 5 up, but, this can be what highly advanced technicians refer to as a Nuts Wave 5 up because the pattern suggests it will make a new high in that Wave 5 - a target of $350 or better in fact.

Followed by what can only be described as a Yuge Move Wave 3 that peaks above the 6.618 extension of Wave 1, before falling into a Wave 4 down that looks to have troughed a little above the 78.6% retracement of that Yuge Wave 3. Using this lens the stock put in a Wave 1 up from the 2019 lows peaking right before the Covid crisis then a 78.6% retrace into the Wave 2 low in the depths of the crisis. NVDA Chart (TrendSpider, Cestrian Analysis)

#Nvda earnings date and time full#

(You can open a full page version of this chart, here.) First, let's say the stock is in the early days of a 5th wave up, like this: Let's look at the chart a couple different ways using different wave counts. CHIPS Act/China, crypto winter, gaming slowdown vs. And if so, we believe that is because the bad news is in. The stock looks to have bottomed and be moving up. The thing is though, since stock prices run ahead of fundamentals not behind them, ahead of popular sentiment and not in pursuit of it, we believe the stock chart is rather telling.

#Nvda earnings date and time free#

NVDA Valuation (Company SEC filings, YCharts, Cestrian Analysis)ġ2x TTM revenue and 56x TTM unlevered pre-tax free cashflow for no growth and declining cashflow margins? Yikes. And although the stock is beaten down, the fundamental valuation multiples remain elevated. Growth flat, margins way down and cash pile declining. NVDA Fundamentals (Company SEC filings, YCharts, Cestrian Analysis) ) NVDA Stock Key Metricsįirst, the fundamentals - which are truly weak following recent earnings. (You may wish to read those 'Hold' notes from May and June this year - you can find them here and here. On both occasions the stock has since given up ground both in absolute and relative terms.īut we now have the stock rated at 'Accumulate' i.e., we think it justifiable to be building up a position in the name, slowly, carefully, in anticipation of a longer-term rally to come.

Our recent NVDA note (Seeking Alpha, Cestrian Capital Research)Īnother recent NVDA note of ours (Seeking Alpha, Cestrian Capital Research) We think that the stock is going to move up again.Īfter Q1 earnings we rated NVDA at 'Hold'. Unless you truly believe the various doomsayers that have taken to roam the halls of FinTwit though, do you really think that this critical provider of semiconductor devices - specifically the device types essential to the next generation of computing - is going to fall back into obscurity? We don't think that. Hit by the collapse in valuation multiples that rate-rises have wrought upon tech stocks, hit by the collapse in sell-through volumes of gaming and crypto end market tools, and finally hacked at the knees by news of the coming 'Cyber' nationalist rallying cry in the US. NVIDIA ( NASDAQ: NASDAQ: NVDA) Corporate stock has had a truly dreadful run of late. A Time To Be Brave (Whilst Armed With A Stop Loss!) values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author of this note, or related persons, may have a position in any stocks, security, or financial instrument referenced in this note. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Muhammad Ahmad Jumasa/iStock via Getty ImagesĭISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients.