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NVDA

Nvidia

$208.69

2.75 (1.34%)

, AMD

AMD

$11.12

0.27 (2.49%)

17:41
11/05/17
11/05
17:41
11/05/17
17:41

Cryptocurrency should provide lift to Nvidia Q3 results, says Oppenheimer

Ahead of Nvidia's (NVDA) Q3 results on Thursday, Oppenheimer analyst Rick Schafer sees upside to consensus estimates, driven by continued data center and gaming momentum. Additionally, the analyst believes cryptocurrency should provide a lift to Q3 results, but he expects management to continue to take a conservative tone when forecasting this volatile vertical. Competitively, Schafer does not see any material pressure from AMD's (AMD) Radeon Instinct server accelerators, or high-end Vega PC GPUs. Nonetheless, the analyst reiterates an Perform rating on Nvidia's as expectations are running high.

NVDA

Nvidia

$208.69

2.75 (1.34%)

AMD

AMD

$11.12

0.27 (2.49%)

  • 09

    Nov

  • 15

    Nov

NVDA Nvidia
$208.69

2.75 (1.34%)

10/30/17
RBCM
10/30/17
NO CHANGE
Target $230
RBCM
Outperform
Nvidia price target raised to $230 from $220 at RBC Capital
RBC Capital analyst Mitch Steves raised his price target on Nvidia to $230 heading into the earnings call. Steves says Data Center growth will be at or above expectations, gaming will see sustained positive trends, and cryptocurrencies will supply tailwinds for the second quarter in a row. Steves maintains his Outperform rating on Nvidia shares, adding investors will also look at the opportunity in automotive and the shift in focus from infotainment to autonomous driving.
10/23/17
JEFF
10/23/17
NO CHANGE
Target $230
JEFF
Buy
Nvidia price target raised to $230 from $180 at Jefferies
Jefferies analyst Mark Lipacis raised his price target for Nvidia shares to $230, which reflects a 29 times multiple to his three-year earnings per share estimate of $8.00. The chipmaker closed Friday down 90c to $196.60. Field work indicates Nvidia's most recent datacenter GPU solution, Volta, keeps the company well ahead of competition in neural network training, Lipacis tells investors in a research note. He believes this will translate to upside surprises over the next 18-24 months. Further, multi-year growth prospects in Gaming, Datacenter and Automotive could drive Nvidia's earnings per share to $13.00 in five years, the analyst contends. He keeps a Buy rating on the shares.
10/16/17
MZHO
10/16/17
NO CHANGE
Target $220
MZHO
Buy
Nvidia price target raised to $220 from $180 at Mizuho
Mizuho analyst Vijay Rakesh raised Nvidia's price target to $220 from $180 due to strong underlying GPU gaming and crypto-currency trends and China Data Center wins. Nvidia GPU pricing remains up with almost no inventory in the channel and new design wins at Beijing GTC with TAB and Huawei should be positive, the analyst wrote in a note to investors. Rakesh sees automotive with Drive PX as a tailwind in 2018 and reiterates a Buy rating.
10/13/17
NEED
10/13/17
NO CHANGE
Target $250
NEED
Strong Buy
Nvidia price target raised to $250 from $200 at Needham
Needham analyst Rajvindra Gill raised his price target for Nvidia shares to $250 after spending time with CEO Jensen Huang. The chipmaker closed yesterday up 9c to $191.03. The company's total addressable market in data center alone could represent $21B-$35B over the next five years, Gill tells investors in a research note. Nvidia's data center business could outpace the gaming segment over the next five years, the analyst points out. He believes a higher multiple on the shares should be applied today on this potential earnings power. Gill keeps a Buy rating on Nvidia.
AMD AMD
$11.12

0.27 (2.49%)

10/30/17
10/30/17
DOWNGRADE
Target $8

Underweight
Morgan Stanley cuts AMD to Underweight as cryptocurrency gains seen fading
As previously reported, Morgan Stanley analyst Joseph Moore downgraded AMD to Underweight from Equal Weight. Moore said he has been "somewhat cynical" on the stock due to valuation, but he maintained an Equal Weight rating until now as his earnings estimates were above consensus. However, while the consensus view has climbed to his level the fundamental outlook is less robust as microprocessor momentum has been slow to build and he expects cryptocurrency gains to gradually fade from here. The analyst, who also expects consoles to decline and graphics to be "flattish," lowered his price target on AMD shares to $8 from $11.
10/30/17
MSCO
10/30/17
DOWNGRADE
MSCO
Underweight
AMD downgraded to Underweight from Equal Weight at Morgan Stanley
10/25/17
LEHM
10/25/17
NO CHANGE
Target $10
LEHM
Underweight
Barclays reiterates Underweight on AMD with $10 target
AMD last night reported a beat but guided only in line, which was below elevated expectations as Ryzen gains were lackluster and crypto strength was offset by higher spending, Barclays analyst Blayne Curtis tells investors in a post-earnings research note. While the company did not quantify the crypto tailwind, the analyst estimates it drove the majority of the sequential growth in the Compute & Graphics segment. Crypto growth "has legs" into 2018, but GPUs are moderating with market prices falling as supply catches up, Curtis contends. He reiterates an Underweight rating on AMD with a $10 price target.
10/25/17
GSCO
10/25/17
NO CHANGE
Target $11.4
GSCO
Sell
AMD risk/reward remains unfavorable, says Goldman Sachs
Goldman analyst Toshiya Hari said AMD reported Q3 results above consensus, cut disappointed with its Q4 outlook by guidance down. The analyst believes the bull-case thesis is reflected in valuation and views current risk/reward as unfavorable. Hari reiterated his Sell rating on AMD shares and maintained a $11.40 price target, implying 20% downside.

TODAY'S FREE FLY STORIES

02:40
01/18/18
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General news
FX Update: The dollar edged out fresh recovery highs »

FX Update: The dollar…

MS

Morgan Stanley

$55.35

0.75 (1.37%)

, BK

BNY Mellon

$57.89

0.35 (0.61%)

20:25
01/17/18
01/17
20:25
01/17/18
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

MS

Morgan Stanley

$55.35

0.75 (1.37%)

BK

BNY Mellon

$57.89

0.35 (0.61%)

BBT

BB&T

$53.28

0.2 (0.38%)

PPG

PPG

$114.50

-2.14 (-1.83%)

MTB

M&T Bank

$179.21

1.43 (0.80%)

KEY

KeyCorp

$21.26

-0.06 (-0.28%)

JBHT

J.B. Hunt

$120.65

0.01 (0.01%)

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    May

ARNA

Arena Pharmaceuticals

$34.36

0.48 (1.42%)

20:24
01/17/18
01/17
20:24
01/17/18
20:24
Initiation
Arena Pharmaceuticals initiated at Credit Suisse »

Arena Pharmaceuticals…

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ROSE

Rosehill Resources

$7.96

0.01 (0.13%)

20:12
01/17/18
01/17
20:12
01/17/18
20:12
Initiation
Rosehill Resources initiated at Northland »

Rosehill Resources…

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HES

Hess Corp.

$54.02

0.48 (0.90%)

20:10
01/17/18
01/17
20:10
01/17/18
20:10
Initiation
Hess Corp. initiated at Macquarie »

Hess Corp. initiated with…

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  • 05

    Feb

OXY

Occidental Petroleum

$75.86

0.59 (0.78%)

20:10
01/17/18
01/17
20:10
01/17/18
20:10
Initiation
Occidental Petroleum initiated at Macquarie »

Occidental Petroleum…

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  • 14

    Feb

JUNO

Juno Therapeutics

$69.25

23.65 (51.86%)

19:53
01/17/18
01/17
19:53
01/17/18
19:53
Downgrade
Juno Therapeutics rating change at Citi »

Juno Therapeutics…

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WP

Worldpay

$77.89

-0.37 (-0.47%)

19:52
01/17/18
01/17
19:52
01/17/18
19:52
Upgrade
Worldpay rating change at BMO Capital »

Worldpay upgraded to…

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FRAC

Keane Group

$18.51

0.63 (3.52%)

19:52
01/17/18
01/17
19:52
01/17/18
19:52
Syndicate
Keane Group 13.3M share Secondary priced at $18.25 »

The deal size was…

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  • 18

    Jan

INTC

Intel

$44.39

1.25 (2.90%)

19:24
01/17/18
01/17
19:24
01/17/18
19:24
Hot Stocks
Intel says issued firmware updates for 90% of CPUs in past vie years »

Intel said it has made…

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  • 17

    Jan

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    Jan

TOSBF

Toshiba, also use TOSYY

, TOSYY

Toshiba, also use TOSBF

$16.95

-0.01 (-0.06%)

19:11
01/17/18
01/17
19:11
01/17/18
19:11
Periodicals
Toshiba's Westinghouse to forgo bankruptcy, Reuters reports »

Westinghouse Electric…

TOSBF

Toshiba, also use TOSYY

TOSYY

Toshiba, also use TOSBF

$16.95

-0.01 (-0.06%)

BAM

Brookfield

$43.10

0.42 (0.98%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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RDS.A

Royal Dutch Shell

$70.20

0.22 (0.31%)

, RDS.B

Royal Dutch Shell

$72.34

0.35 (0.49%)

19:02
01/17/18
01/17
19:02
01/17/18
19:02
Periodicals
Shell, BP each agree to purchase Libyan oil, Bloomberg reports »

Royal Dutch Shell (RDS.A)…

RDS.A

Royal Dutch Shell

$70.20

0.22 (0.31%)

RDS.B

Royal Dutch Shell

$72.34

0.35 (0.49%)

BP

BP

$42.88

0.42 (0.99%)

03/08/13
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  • 18

    Jan

AAPL

Apple

$179.10

2.91 (1.65%)

18:31
01/17/18
01/17
18:31
01/17/18
18:31
Hot Stocks
Trump says Apple investments 'huge win for American workers' »

President Donald Trump…

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  • 01

    Feb

MPVD

Mountain Province Diamonds

$2.83

0.075 (2.73%)

18:22
01/17/18
01/17
18:22
01/17/18
18:22
Hot Stocks
Mountain Province Diamonds provides update on Gahcho Kue Mine exploration »

Mountain Province…

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WAC

Walter Investment

$0.76

0.0347 (4.81%)

18:17
01/17/18
01/17
18:17
01/17/18
18:17
Hot Stocks
Walter Investment prepackaged Chapter 11 plan approved by court »

Walter Investment…

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TM

Toyota

$140.72

2.75 (1.99%)

, KBSTY

Kobe Steel

18:10
01/17/18
01/17
18:10
01/17/18
18:10
Periodicals
Toyota not affected by Kobe Steel false data scandal, Nikkei reports »

Toyota (TM) said there…

TM

Toyota

$140.72

2.75 (1.99%)

KBSTY

Kobe Steel

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CBOE

Cboe Global Markets

$131.52

0.73 (0.56%)

, BTC

Bitcoin

17:47
01/17/18
01/17
17:47
01/17/18
17:47
Hot Stocks
Cboe conducts first settlement of Cboe bitcoin futures »

Cboe Global Markets…

CBOE

Cboe Global Markets

$131.52

0.73 (0.56%)

BTC

Bitcoin

BITCOIN

Bitcoin

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  • 09

    Feb

GWRE

Guidewire

$75.64

0.19 (0.25%)

17:46
01/17/18
01/17
17:46
01/17/18
17:46
Hot Stocks
Guidewire director sells 6,000 common shares »

In a regulatory filing,…

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AAPL

Apple

$179.10

2.91 (1.65%)

17:40
01/17/18
01/17
17:40
01/17/18
17:40
Recommendations
Apple analyst commentary at Piper Jaffray »

Apple cash repatriation…

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  • 01

    Feb

OBE

Obsidian Energy

$1.21

-0.03 (-2.42%)

17:36
01/17/18
01/17
17:36
01/17/18
17:36
Hot Stocks
Breaking Hot Stocks news story on Obsidian Energy »

FrontFour reports 5.7%…

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SN

Sanchez Energy

$5.81

0.16 (2.83%)

17:33
01/17/18
01/17
17:33
01/17/18
17:33
Hot Stocks
Breaking Hot Stocks news story on Sanchez Energy »

Sanchez Energy sees Q1…

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  • 15

    May

NTDOY

Nintendo

$51.53

1.55 (3.10%)

17:32
01/17/18
01/17
17:32
01/17/18
17:32
Hot Stocks
Nintendo announces Nintendo Labo accessories for Switch consoles »

Nintendo introduced…

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  • 17

    Jan

PTC

PTC

$66.70

1.41 (2.16%)

, ESIO

Electro Scientific

$22.01

1.91 (9.50%)

17:28
01/17/18
01/17
17:28
01/17/18
17:28
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: PTC…

PTC

PTC

$66.70

1.41 (2.16%)

ESIO

Electro Scientific

$22.01

1.91 (9.50%)

NEOT

Neothetics

$1.92

0.0793 (4.31%)

PLXS

Plexus

$64.36

0.59 (0.93%)

AA

Alcoa

$56.99

0.75 (1.33%)

SLM

Sallie Mae

$11.49

0.02 (0.17%)

ARWR

Arrowhead

$5.72

0.12 (2.14%)

PRTK

Paratek Pharmaceuticals

$17.68

-0.075 (-0.42%)

IIPR

Innovative Industrial Properties

$31.30

-2.49 (-7.37%)

ECC

Eagle Point Credit

$19.13

-0.39 (-2.00%)

AGIO

Agios Pharmaceuticals

$70.33

1.53 (2.22%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 17

    Jan

  • 17

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  • 17

    Jan

  • 17

    Jan

  • 18

    Jan

  • 18

    Jan

  • 07

    Feb

  • 26

    Feb

  • 18

    Jan

  • 18

    Jan

  • 18

    Jan

  • 18

    Jan

  • 19

    Jan

BTU

Peabody Energy

$40.00

0.42 (1.06%)

17:17
01/17/18
01/17
17:17
01/17/18
17:17
Hot Stocks
Breaking Hot Stocks news story on Peabody Energy »

Discovery Capital reduces…

03/08/13
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  • 07

    Feb

MLNX

Mellanox

$64.30

-0.45 (-0.69%)

17:12
01/17/18
01/17
17:12
01/17/18
17:12
Hot Stocks
Starboard to nominate nine directors for election at Mellanox »

Starboard Value, the…

03/08/13
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  • 18

    Jan

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