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re: Nvidia earnings out - beats across the board and raised guidance (bumped post from Feb)
Posted on 2/21/24 at 3:39 pm to castorinho
Posted on 2/21/24 at 3:39 pm to castorinho
quote:
fricking insane numbers. Holy shite.
$22B revenue beats, guides for $24B this quarter.
Gross margins of 76%, guides to 76.3% this quarter.
FY 2024 GAAP earnings of $11.93 outs trailing PE at 60 which is smack dab in the middle of the 5yr average PE. Arguably still cheap considering their growth trajectory.
Posted on 2/21/24 at 3:47 pm to DarthRebel
quote:
Now bring my SMCI back to $1000, up to $815 after hours.
Completely different animal though.
Posted on 2/21/24 at 4:12 pm to JohnnyKilroy
So how long till it hits $1000?
May 1st?
May 1st?
Posted on 2/21/24 at 4:21 pm to slackster
quote:
Completely different animal though.
Yes, but is riding the NVDA AI coat tail.
Posted on 2/21/24 at 5:42 pm to DarthRebel
I've never seen YoY comps like this for such a large company
Posted on 2/21/24 at 6:29 pm to wutangfinancial
quote:
I've never seen YoY comps like this for such a large company
Timing couldn’t be better for the boom though. 2022 was an earnings lull for them.
Still incredible.
Posted on 2/24/24 at 8:44 am to slackster
The numbers and guidance for the next year are impressive. This is not an over-hyped company, which is an amazing statement given the run they have had. 2024 sure feels safe.
Posted on 4/24/24 at 7:21 am to slackster
quote:
Would also look at sympathy plays if there is any pullback. I like VRT and ASML with any weakness too.
VRT up nearly 50% since this post. ASML down around 6%
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