핵심요약

• CEO 젠슨 황은 NVIDIA의 주가 부진을 '우주 신비'라고 표현하며 기본 실적이 주가에 반영될 것이라고 강조했습니다.
• 17명의 애널리스트들이 NVIDIA의 목표 주가를 상향 조정했으며, 바이어드의 $500 목표 주가는 마지막 종가 대비 128% 상승한 수치입니다.
• 데이터센터 사업의 강점, 비하이퍼스케일 고객 확대, CPU 시장 진출, 800억 달러 규모의 자사주 매입이 주요 긍정적인 요인으로 강조되었습니다.
• NVIDIA의 주가는 최근 몇 분기 동안 동종 업계 주가 대비 부진한 모습을 보였습니다.

도입

이번 분석은 NVIDIA의 주가 부진 despite blowout earnings에 대한 심층 분석입니다. NVIDIA는 AI 반도체 분야에서 선두주자로서, 그 기본 실적과 시장 위치를 고려할 때 주가 부진이 이해하기 어려운 상황입니다. 이번 분석에서는 NVIDIA의 주요 사업 동향과 애널리스트들의 평가, 그리고 향후 전망을 다룰 예정입니다.

본문 1: 데이터센터 사업의 성장과 비하이퍼스케일 고객 확대

NVIDIA의 데이터센터 사업은 지속적인 성장을 보여주고 있습니다. 이번 분기에서도 데이터센터 사업의 강점이 강조되었습니다. 비하이퍼스케일 고객으로의 확대도 주요 동력으로 작용하고 있습니다. 이는 NVIDIA의 시장 점유율을 확대하는 데 중요한 역할을 할 것입니다. 데이터센터 사업의 성장과 비하이퍼스케일 고객 확대라는 점이 핵심입니다.

본문 2: CPU 시장 진출과 자사주 매입의 영향

NVIDIA는 CPU 시장에도 진출하고 있습니다. 이는 기존 GPU 시장뿐만 아니라 새로운 시장에서도 경쟁력을 확보하기 위한 전략입니다. 800억 달러 규모의 자사주 매입도 주가 상승의 동력으로 작용할 수 있습니다. 이는 투자자들에게 긍정적인 신호를 보내고 있습니다. CPU 시장 진출과 자사주 매입의 영향으로 읽힙니다.

결론

NVIDIA의 주가 부진 despite blowout earnings는 일시적인 현상으로 보입니다. 데이터센터 사업의 성장, 비하이퍼스케일 고객 확대, CPU 시장 진출, 자사주 매입 등 긍정적인 요소가 많아 향후 주가 상승 가능성이 있습니다. 향후 NVIDIA의 주요 사업 동향과 시장 반응을 주시할 필요가 있습니다.

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원문 링크: https://stocktwits.com/news-articles/markets/equity/nvidia-stock-underperformance-one-of-the-mysteries-of-the-universe-says-ceo-jensen-huang-wall-street-analysts-agree-it-shouldn-t-be/cZgRck9Reoc?.tsrc=rss

Nvidia Stock Underperformance 'One Of The Mysteries Of The Universe,' Says CEO Jensen Huang — Wall Street Analysts Agree It Shouldn't Be

Huang said Nvidia’s strong fundamental performance would eventually reflect in the stock price.Analysts highlighted Nvidia’s data center business strength, expansion into non-hyperscaler customers, push into the CPU market, and the $80 billion buyback as standout items.Stocktwits sentiment for NVDA has remained ‘extremely bullish’ since last Friday.Nvidia’s stock has lagged several peer chipmakers in recent months and drew a muted response following its blowout quarterly report on Wednesday — a pattern that has repeated over the past several quarters. Shares of the AI chipmaker edged up just 0.3% in overnight trading ahead of Friday, even as more than a dozen analysts raised their price targets, citing the company’s record-breaking performance.Even CEO Jensen Huang is perplexed, saying in a post-earnings interview with CNBC that the move is “one of the mysteries of the universe.” He, however, said the company’s strong fundamentals would eventually reflect in the price. “I think all of this is going to get sorted out. In the end, they can’t hold back performance… In time, I think people will recognize our position in the marketplace, the value we deliver, and how we're supporting the ecosystem to create this new industry; everything will get sorted out,” Huang said.Analysts Turn More Upbeat On NVDANvidia’s first-quarter beat was received well by most analysts, who highlighted the strength in the data center business, expansion to non-hyperscaler customers, push into the CPU market, and the $80 billion buyback as standout items.At least 17 analysts raised their price targets on Nvidia, with Baird's $500 target the highest, according to The Fly. That’s 128% higher than NVDA’s last close. For the full list of analysts’ revised targets, see below. AnalystEarlier PTNew PTTruist $287$307Raymond James$323$330RBC Capital$250$270Wedbush$300$330Morgan Stanley$285$288Goldman Sachs$250$285UBS$275$280Needham$240$270Stifel$250$282JPMorgan$265$280Keybanc$300$310Baird$300$500Benchmark$250$335Evercore$352$413Bank of America$320$350Jefferies$275$300Deutsche Bank$220$255 Benchmark analysts said the $200 billion CPU market opportunity Nvidia discussed is incremental to the $1 trillion sales forecast through 2027 that the chipmaker announced earlier this year. “The company now expects $20B of FY27 standalone Vera CPU revenue that is not included in the $1T Blackwell/Rubin framework," they said, adding that “Vera is (a) potential additive revenue layer rather than a replacement for GPU demand."On the muted stock move, they said, “the more likely explanation is that investors have simply become increasingly complacent in their expectations of Nvidia's outsized execution, making almost any degree of outperformance look like a normal course business rather than a catalyst for a positive re-rating."Morgan Stanley analysts said Nvidia is likely to maintain its pole position in the server market because its chips are best in class and customers want the longest useful life, adding that both the Blackwell and the next-gen Vera Rubin systems will remain in high demand.XTB SA's Kathleen Brooks said Nvidia’s share buyback suggests that the chip maker might be out of fresh investment ideas. “This money must be diverted from somewhere, and although there is only a small chance of this happening, it could stifle innovation at the firm," Brooks wrote in an investor note.NVDA’s Q1 RecapNvidia’s fiscal first-quarter revenue increased 85% to $81.62 billion, and adjusted earnings came in at $1.87 per share. Analysts had expected $78.86 billion in revenue and a $1.76. per share profit.Nvidia also disclosed $30 billion worth of cloud computing ⁠agreements, up sequentially ​from $27 billion. The company increased its quarterly cash dividend to $0.25 per share from $0.01 per share and approved an $80 billion share buyback.More importantly, Nvidia for the first time broke down its data center segment, its core data center segment – where revenue surged 92% to a better-than-expected $75.25 billion – into Hyperscale and ACIE (AI Clouds, Industrial, and Enterprise). It said that sales to non-hyperscaler customers were as much as those to hyperscalers.Another standout item the company’s CPU business. With the launch of the Vera CPU and AI workloads moving to CPUs from the standard GPU options, Nvidia said it expected $20 billion in CPU sales this year and a total addressable market worth $200 billion.NVDA Stock Move, ValuationInvestors appear to be waiting patiently for gains in the NVDA stock. Year to date, INTC more than tripled and STX tripled, while WDC, ARM, and MU gained over 150% – pushing the iShares Semiconductor ETF (SOXX) 73% higher. In comparison, NVDA stock has gained a mere 17%.Interestingly, Nvidia has held up better within the “Magnificent Seven” group. It is the second-best performer in the cohort this year, behind Alphabet, while Meta, Tesla, and Microsoft have slipped into negative territory. In terms of the 12-month forward price-to-earnings ratio, it is the second cheapest among the Mag7s. Company12-month Forward P/EYTD MoveNvidia 22.117.70%Amazon32.116.30%Microsoft22.7-13%Meta18.5-8%Apple33.5-12.40%Alphabet 30.824%Tesla194.3-7%Currently, 59 of 62 analysts covering NVDA have a ‘Buy’ or higher rating, two have ‘Hold,’ and one has ‘Sell,’ per Koyfin data. Their average price target of $292.35 implies an upside of 33% from the stock’s last close. On Stocktwits, retail sentiment for NVDA has remained ‘extremely bullish’ since last Friday.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next: IBM Stock Rallies On Trump Administration’s $1B Grant: Analysts Say ‘Big Blue’ Could Become First U.S. Quantum Foundry

Source: https://stocktwits.com/news-articles/markets/equity/nvidia-stock-underperformance-one-of-the-mysteries-of-the-universe-says-ceo-jensen-huang-wall-street-analysts-agree-it-shouldn-t-be/cZgRck9Reoc?.tsrc=rss