$NVIDIA (NVDA.US)$　
August 28th was the most exciting earnings day of the season. I own shares of both Nvidia (NVDA) and Crowdstrike (CRWD). NVDA is once again the decisive battle at Sekigahara. CRWD is reporting for the first time after a system failure. As a result, both stock prices dropped after the market closed. Why? Is it a sell-off? Or a buying opportunity? I'll share my personal judgment and bias. Let's go!
<My Thoughts on NVDA's Earnings>
- Guidance for the next fiscal year
This is a summary of the forecast I made during my "never lose study group" that I posted the other day, with today's results added.
As you can see from this, the actual results were higher than the consensus and my forecast. But the stocks went down. Why?
In my post the other day, I said the following:
As an experienced analyst, I can envision the scene of NVDA's CFO discussing the guidance numbers with company executives until just before the earnings announcement.
When I made the guidance forecast at the study meeting on August 18th, the consensus was $31.4 billion. In that case, I think $32 billion would have been fine. So we also forecasted $32 billion...