Started By
Message

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
Posted by slackster
Houston
Member since Mar 2009
84646 posts
Posted on 2/21/24 at 3:39 pm to
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 by slackster
Houston
Member since Mar 2009
84646 posts
Posted on 2/21/24 at 3:47 pm to
quote:

Now bring my SMCI back to $1000, up to $815 after hours.


Completely different animal though.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35289 posts
Posted on 2/21/24 at 3:49 pm to
We won!
Posted by Double Oh
Louisiana
Member since Sep 2008
17758 posts
Posted on 2/21/24 at 4:12 pm to
So how long till it hits $1000?

May 1st?
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21233 posts
Posted on 2/21/24 at 4:21 pm to
quote:

Completely different animal though.


Yes, but is riding the NVDA AI coat tail.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11078 posts
Posted on 2/21/24 at 5:42 pm to
I've never seen YoY comps like this for such a large company
Posted by slackster
Houston
Member since Mar 2009
84646 posts
Posted on 2/21/24 at 6:29 pm to
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 by RemouladeSawce
Uranus
Member since Sep 2008
13914 posts
Posted on 2/22/24 at 11:13 am to


This guy fricks
Posted by KWL85
Member since Mar 2023
1126 posts
Posted on 2/24/24 at 8:44 am to
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 by slackster
Houston
Member since Mar 2009
84646 posts
Posted on 4/24/24 at 7:21 am to
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%
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram