Overview
- Nvidia reported an outsized first-quarter fiscal 2027, with revenue of about $81.6 billion and EPS of $1.87, and on May 20 the company announced an $80 billion share repurchase and a jump in the quarterly dividend to $0.25.
- The quarter was driven by data‑center sales, with roughly $75.2 billion in data‑center revenue and networking revenue rising to about $14.8 billion, and management guided to roughly $91 billion for the next quarter.
- Wall Street responded by raising price targets and keeping a Strong Buy consensus, with firms such as Stifel and Mizuho lifting their targets, but the stock traded largely sideways after the report.
- Public warnings and opinion pieces urged profit‑taking and flagged valuation risk, with at least one prominent investor publicly warning of a sharp decline tied to crowded AI positioning.
- Key near‑term risks that could change the outlook are supply and manufacturing limits at partners, large hyperscaler commitment exposure, and restricted access to China, so investors should watch Q2 revenue, supply signals, and cloud capex plans.