整理一下:
2019
Q1 Q2 Q3 Q4 Q1 Q2 Q3
Revenue 1.9B 2.2B 2.64B 2.91B 3.21B 3.12B 3.18B
毛利 59.4% 58.4% 59.5% 61.9% 64.5% 63.3% 60.4
净利 0.5B 0.58B 0.83B 1.08B 1.2B 1.1B 1.23B
EPS(USD): 0.79 0.92 1.33 1.78 1.98 1.76 1.97
营收(QoQ)-
1. Gaming : 1.8 -> 1.76 B
2. Datacenter : 0.76B -> 0.79 B
3. Professional Visualization: 0.28B -> 0.3 B
4. Auto : 0.16B -> 0.172 B
5. OEM/IP : 0.16 -> 0.148 B
昨天盘后交易就GG 了~~ QQ
目前下跌 16.x%，成交 169.3 。
坦白说这次财报的内容应该没这么负面，EPS 1.97 和净利 1.23B 其实和历史
高点 Q2 差不多 (净利还高一点?)
推测市场反应这么大与 Q4 展望有关，预估营收为 2.7B +- 2%
毛利介于 62.3~ 62.5%.
也就是说过去连续几季营收逐季跳增的好日子差不多要回归现实了..
除了本业Gaming 因为Q1 挖矿需求通路大量囤货，虚拟货币挖矿热度衰退后
导致库存过高外 (外媒报导库存为12周)，Datacenter/Auto 虽然仍成长但
幅度还未能大幅提升获利....
还有中美贸易战导致市场信心不足，也是最近科技股波动剧烈的因素之一~
算一下过去四季的 eps 约为 7.4x 假设今年最后一季 eps 还有成长 0.5 好了
那么全年 eps 是 8 元上下，对照目前股价 169...本益比约 21 倍...
已经是近两年历史低档的区间了
不负责估计本益比区间为 20~30倍, 股价区间为 160~240....
也许可以抢抢反弹，不过动作可要快...QQ
※ 引述《ss910126 (Yukino my wife)》之铭言：
: 1.原文连结：
: https://reurl.cc/MAmbn
: 2.原文内容：
: Nvidia Q3 disappoints, shares plummet
: Nvidia (NVDA) reported a big miss on both the top and bottom lines for Q3
: after market close on Thursday.
: The chipmaker earned $1.84 per share which was weaker than the $1.92 per
: share that was anticipated, according to analysts polled by Bloomberg.
: This is Nvidia’s first EPS miss in 13 quarters. Shares tanked 13% in
: after-hours trade on Thursday. Revenue also came in worse than expected at
: $3.18 billion versus consensus of $3.24 billion.
: Investors and analysts have been paying close attention to
: graphics-processing unit (GPU) sales in Q3, as this was the first earnings
: report since the company launched GPUs. GPU business revenue came in at $2.77
: billion, which was up 25% year over year.
: “Our introduction of Turing GPUs is a giant leap for computer graphics and
: AI, bringing the magic of real-time ray tracing to games and the biggest
: generational performance improvements we have ever delivered,” CEO Jensen
: Huang said in a statement.
: Nvidia shares have been underperforming the broad market in the past year,
: falling nearly 5% while the S&P 500 (^GSPC) has risen 5% in the same time
: period. The chip giant is currently in a bear market after hitting an
: all-time high in early October.
: