Friday, February 24th 2017
NVIDIA Stock Tumbles Amidst Analyst Talk of Gaming's Decline
NVIDIA Corp. stock fell a record 10% in one day amidst a move to bearish ratings by two prominent Wall Street stock analysts.
Analysts Romit Shah and Ambrish Srivastava both downgraded NVIDIA's stock rating (from "buy" to "reduce" and "perform" to "underperform" respectively) citing concerns over "valuation and a tempered outlook for gaming."It is worth noting that NVIDIA stock has tripled in value over the last year, so this may represent a return to reality more than a harbinger of doom for the company's outlook. Regardless, it is the biggest drop in NVIDIA's daily stock price since it went public in 1999, and to see its status downgraded due to "a tempered outlook for gaming" is not the kind of reason gaming enthusiasts like to hear.
Source:
Marketwatch
Analysts Romit Shah and Ambrish Srivastava both downgraded NVIDIA's stock rating (from "buy" to "reduce" and "perform" to "underperform" respectively) citing concerns over "valuation and a tempered outlook for gaming."It is worth noting that NVIDIA stock has tripled in value over the last year, so this may represent a return to reality more than a harbinger of doom for the company's outlook. Regardless, it is the biggest drop in NVIDIA's daily stock price since it went public in 1999, and to see its status downgraded due to "a tempered outlook for gaming" is not the kind of reason gaming enthusiasts like to hear.
97 Comments on NVIDIA Stock Tumbles Amidst Analyst Talk of Gaming's Decline
And alcohol sales will drop, too.
Have they even read this stuff:
jonpeddie.com/publications/pc_gaming_hardware_market_report
Q1, "PC Gaming is Dead"
Q2, "Record Revenues in PC gaming"
Q3, "PC Gaming is Dead"
Q4, "PC Gaming Market Keeps Growing"
....
Intel can keep using NVIDIA patents in perpetuity but they won't receive any more updates. In other words, Intel is stuck with D3D12 and Vulkan for their own chips. If they want anything newer, they'll have to either buy a new license or buy and MCM chips.
2) The pricing of Nvidia products is because it has no competition, ergo, it can monopolise the high end.
3) Increased ASP of cards resulted in massive revenues for Nvidia.
4) The market responds to said revenue call by having share prices soar higher.
5) A couple of Anal-ists say something negative and prices fall back.
You can stick your head in the sand as much as you want but markets fucking love Nvidia. They react only to profit and rumour. Nvidia have both in abundance.
Just so you know, I could buy both A4 & A8. At the same time. How does that change anything? Some peoples children.
you should not sell a R4 for a R8's price
edit:
the pc market never had an r8 because Titan is not evet capable of 4k at min60 fps.notlr 2k at 120hz. not to mention that 120hz 4k are coming.
i.imgur.com/SE3TNqZ.png