{"id":247952,"date":"2024-05-23T20:48:45","date_gmt":"2024-05-23T20:48:45","guid":{"rendered":"https:\/\/www.techopedia.com\/?post_type=news&p=247952"},"modified":"2024-05-23T20:48:45","modified_gmt":"2024-05-23T20:48:45","slug":"nvidias-earnings-soar-what-analysts-think-of-future-prospects","status":"publish","type":"news","link":"https:\/\/www.techopedia.com\/news\/nvidias-earnings-soar-what-analysts-think-of-future-prospects","title":{"rendered":"Nvidia’s Earnings Soar: What Analysts Think of Future Prospects?"},"content":{"rendered":"

Nvidia<\/a> recently reported<\/a> its earnings. As expected, they lived up to the hype.<\/strong><\/p>\n

Earnings per share (EPS) were $6.12, a staggering 461% increase from last year. Meanwhile, revenue was $26 billion, a 262% jump from a year ago.<\/p>\n

\"Nvidia
Nvidia Revenue | Source: The Economist<\/figcaption><\/figure>\n

Nvidia Shares Up 9%<\/span><\/h2>\n

Nvidia\u2019s stock rose 9%, closing at $1,037 on May 24. The investors reacted to the positive announcements made by the company, aside from the impressive earnings.<\/p>\n

\"Nvidia
Nvidia Shares on May 24 | Source: Google Finance<\/figcaption><\/figure>\n

The company announced a 10-for-1 stock split. Here’s a breakdown of Nvidi across various metrics:<\/p>\n