$NVIDIA Corp(NVDA)$ The Motley-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$NVIDIA Corp(NVDA)$

The Motley Fool

Here's Why NVIDIA Stock Popped Today

Software could be a powerful new growth driver for the semiconductor titan.

Joe Tenebruso

(TMFGuardian)

Jun 17, 2021 at 5:41PM

Author Bio

What happened

Shares of NVIDIA (NASDAQ:NVDA) rose 4.8% on Thursday, following an intriguing new analyst report.

So what

After speaking with NVIDIA's chief financial officer, Colette Kress, Jefferies analyst Mark Lipacis repeated his buy rating on the chipmaker's stock and boosted his price forecast from $740 to a Wall Street high of $854.

Lipacis believes investors are underestimating NVIDIA's opportunity to license its new data center software. Yet that could change, Lipacis posits, once the company begins to report its software sales as a separate line item on its income statement.

A rising bar chart.

INVESTORS ARE EXCITED ABOUT NVIDIA'S LONG-TERM GROWTH PROSPECTS. IMAGE SOURCE: GETTY IMAGES.

Additionally, Lipacis expects NVIDIA's pending $40 billion acquisition of U.K.-based mobile chip specialist Arm Limited to close in early 2022. He also noted the potential for NVIDIA to bring Arm's technology to new markets, including data centers, automobiles, and the Internet of Things.

Now what

Lipacis is right to highlight NVIDIA's software ambitions. Software can be significantly more profitable than computer hardware. And should this emerging business help to improve NVIDIA's overall profit margins, investors will likely be willing to pay a higher price for its earnings.

For his part, Lipacis' new price target is based on a price-to-earnings ratio of 25 on his $50 EPS estimate for the company in 2025.

© 1995 - 2021 The Motley Fool. All rights reserved.

Market data powered by FactSet and Web Financial Group.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

ivanlam
2021-06-19
ivanlam
what need to be done?
ivanlam
2021-06-19
ivanlam
please comment too
ivanlam
2021-06-19
ivanlam
doing mission
ivanlam
2021-06-19
ivanlam
thank you
ivanlam
2021-06-19
ivanlam
how leh no choice
ivanlam
2021-06-19
ivanlam
sorry to those who follow me

Leave a comment

41

4

14

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":168793967,"tweetId":"168793967","gmtCreate":1623982925459,"gmtModify":1703825486499,"author":{"id":3582016577975526,"idStr":"3582016577975526","authorId":3582016577975526,"authorIdStr":"3582016577975526","name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":19,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a></p><p><br></p><p>The Motley Fool</p><p>Here's Why NVIDIA Stock Popped Today</p><p>Software could be a powerful new growth driver for the semiconductor titan.</p><p>Joe Tenebruso</p><p>(TMFGuardian)</p><p>Jun 17, 2021 at 5:41PM</p><p>Author Bio</p><p>What happened </p><p>Shares of NVIDIA (NASDAQ:NVDA) rose 4.8% on Thursday, following an intriguing new analyst report. </p><p>So what </p><p>After speaking with NVIDIA's chief financial officer, Colette Kress, Jefferies analyst Mark Lipacis repeated his buy rating on the chipmaker's stock and boosted his price forecast from $740 to a Wall Street high of $854.</p><p>Lipacis believes investors are underestimating NVIDIA's opportunity to license its new data center software. Yet that could change, Lipacis posits, once the company begins to report its software sales as a separate line item on its income statement.</p><p>A rising bar chart. </p><p>INVESTORS ARE EXCITED ABOUT NVIDIA'S LONG-TERM GROWTH PROSPECTS. IMAGE SOURCE: GETTY IMAGES.</p><p>Additionally, Lipacis expects NVIDIA's pending $40 billion acquisition of U.K.-based mobile chip specialist Arm Limited to close in early 2022. He also noted the potential for NVIDIA to bring Arm's technology to new markets, including data centers, automobiles, and the Internet of Things.</p><p>Now what</p><p>Lipacis is right to highlight NVIDIA's software ambitions. Software can be significantly more profitable than computer hardware. And should this emerging business help to improve NVIDIA's overall profit margins, investors will likely be willing to pay a higher price for its earnings.</p><p>For his part, Lipacis' new price target is based on a price-to-earnings ratio of 25 on his $50 EPS estimate for the company in 2025. </p><p><br></p><p>© 1995 - 2021 The Motley Fool. All rights reserved.</p><p>Market data powered by FactSet and Web Financial Group.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a></p><p><br></p><p>The Motley Fool</p><p>Here's Why NVIDIA Stock Popped Today</p><p>Software could be a powerful new growth driver for the semiconductor titan.</p><p>Joe Tenebruso</p><p>(TMFGuardian)</p><p>Jun 17, 2021 at 5:41PM</p><p>Author Bio</p><p>What happened </p><p>Shares of NVIDIA (NASDAQ:NVDA) rose 4.8% on Thursday, following an intriguing new analyst report. </p><p>So what </p><p>After speaking with NVIDIA's chief financial officer, Colette Kress, Jefferies analyst Mark Lipacis repeated his buy rating on the chipmaker's stock and boosted his price forecast from $740 to a Wall Street high of $854.</p><p>Lipacis believes investors are underestimating NVIDIA's opportunity to license its new data center software. Yet that could change, Lipacis posits, once the company begins to report its software sales as a separate line item on its income statement.</p><p>A rising bar chart. </p><p>INVESTORS ARE EXCITED ABOUT NVIDIA'S LONG-TERM GROWTH PROSPECTS. IMAGE SOURCE: GETTY IMAGES.</p><p>Additionally, Lipacis expects NVIDIA's pending $40 billion acquisition of U.K.-based mobile chip specialist Arm Limited to close in early 2022. He also noted the potential for NVIDIA to bring Arm's technology to new markets, including data centers, automobiles, and the Internet of Things.</p><p>Now what</p><p>Lipacis is right to highlight NVIDIA's software ambitions. Software can be significantly more profitable than computer hardware. And should this emerging business help to improve NVIDIA's overall profit margins, investors will likely be willing to pay a higher price for its earnings.</p><p>For his part, Lipacis' new price target is based on a price-to-earnings ratio of 25 on his $50 EPS estimate for the company in 2025. </p><p><br></p><p>© 1995 - 2021 The Motley Fool. All rights reserved.</p><p>Market data powered by FactSet and Web Financial Group.</p></body></html>","text":"$NVIDIA Corp(NVDA)$ The Motley Fool Here's Why NVIDIA Stock Popped Today Software could be a powerful new growth driver for the semiconductor titan. Joe Tenebruso (TMFGuardian) Jun 17, 2021 at 5:41PM Author Bio What happened Shares of NVIDIA (NASDAQ:NVDA) rose 4.8% on Thursday, following an intriguing new analyst report. So what After speaking with NVIDIA's chief financial officer, Colette Kress, Jefferies analyst Mark Lipacis repeated his buy rating on the chipmaker's stock and boosted his price forecast from $740 to a Wall Street high of $854. Lipacis believes investors are underestimating NVIDIA's opportunity to license its new data center software. Yet that could change, Lipacis posits, once the company begins to report its software sales as a separate line item on its income statement. A rising bar chart. INVESTORS ARE EXCITED ABOUT NVIDIA'S LONG-TERM GROWTH PROSPECTS. IMAGE SOURCE: GETTY IMAGES. Additionally, Lipacis expects NVIDIA's pending $40 billion acquisition of U.K.-based mobile chip specialist Arm Limited to close in early 2022. He also noted the potential for NVIDIA to bring Arm's technology to new markets, including data centers, automobiles, and the Internet of Things. Now what Lipacis is right to highlight NVIDIA's software ambitions. Software can be significantly more profitable than computer hardware. And should this emerging business help to improve NVIDIA's overall profit margins, investors will likely be willing to pay a higher price for its earnings. For his part, Lipacis' new price target is based on a price-to-earnings ratio of 25 on his $50 EPS estimate for the company in 2025. © 1995 - 2021 The Motley Fool. All rights reserved. Market data powered by FactSet and Web Financial Group.","highlighted":2,"essential":1,"paper":1,"likeSize":4,"commentSize":41,"repostSize":14,"favoriteSize":0,"link":"https://ttm.financial/post/168793967","repostId":0,"isVote":1,"tweetType":1,"viewCount":282,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1469,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":4875823,"commentId":"4875823","gmtCreate":1624032963496,"gmtModify":1663229327429,"authorId":3582016577975526,"author":{"id":3582016577975526,"idStr":"3582016577975526","authorId":3582016577975526,"name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":168793967,"objectIdStr":"168793967","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"what need to be done?","text":"what need to be done?","html":"what need to be done?","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4875784,"commentId":"4875784","gmtCreate":1624032911815,"gmtModify":1663229327427,"authorId":3582016577975526,"author":{"id":3582016577975526,"idStr":"3582016577975526","authorId":3582016577975526,"name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":168793967,"objectIdStr":"168793967","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"please comment <u>too</u>","text":"please comment <u>too</u>","html":"please comment <u>too</u>","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4875574,"commentId":"4875574","gmtCreate":1624032601720,"gmtModify":1663229330129,"authorId":3582016577975526,"author":{"id":3582016577975526,"idStr":"3582016577975526","authorId":3582016577975526,"name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":168793967,"objectIdStr":"168793967","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"doing <u>mission</u>","text":"doing <u>mission</u>","html":"doing <u>mission</u>","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4875565,"commentId":"4875565","gmtCreate":1624032590060,"gmtModify":1663229328245,"authorId":3582016577975526,"author":{"id":3582016577975526,"idStr":"3582016577975526","authorId":3582016577975526,"name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":168793967,"objectIdStr":"168793967","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"thank <u>you</u>","text":"thank <u>you</u>","html":"thank <u>you</u>","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4876261,"commentId":"4876261","gmtCreate":1624033727360,"gmtModify":1663229330339,"authorId":3582016577975526,"author":{"id":3582016577975526,"idStr":"3582016577975526","authorId":3582016577975526,"name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":168793967,"objectIdStr":"168793967","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"how leh no <u>choice</u>","text":"how leh no <u>choice</u>","html":"how leh no <u>choice</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4876024,"commentId":"4876024","gmtCreate":1624033284596,"gmtModify":1663229330246,"authorId":3582016577975526,"author":{"id":3582016577975526,"idStr":"3582016577975526","authorId":3582016577975526,"name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":168793967,"objectIdStr":"168793967","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"sorry to those who follow <u>me</u>","text":"sorry to those who follow <u>me</u>","html":"sorry to those who follow <u>me</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/168793967"}