Instant Reaction: Nvidia Gets Tepid Reaction to Forecast, Ups Investor Rewards
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 20 May 2026
⏱️ 25 minutes
🧾️ Download transcript
Summary
Nvidia, the world’s most valuable company, delivered a sales forecast that drew a lukewarm reaction from investors, even as revenue from data center operators continued to surge.Sales in the three months ending in July will be about $91 billion, the company said in a statement late Wednesday.
Though analysts estimated $87 billion on average, projections ranged as high as $96 billion, according to data compiled by Bloomberg.
For instant reaction and analysis, Bloomberg Businessweek Daily hosts Tim Stenovec and Emily Graffeo speak with:
- Ed Ludlow, Bloomberg Tech co-host
- Paul Meeks, Head of Technology Research at Freedom Capital Markets
- Jay Goldberg, Seaport Research Partners
- Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst
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| 0:53.8 | We've got a great group of people joining us to talk all things in Vidia, including our own Ed Lodlo. |
| 0:56.1 | He's the co-host of Bloomberg Tech. |
| 1:00.2 | He joins us from our San Francisco Bureau. Kunjohn-Sabani's Bloomberg Intelligence, Senior Semiconductor analyst. Paul Meeks is also with us, head of technology research at freedom |
| 1:05.4 | capital markets. And Jay Goldberg of Seaport Research Partners is joining us as well. Once again, Jay is the only analyst |
| 1:13.0 | tracked by Bloomberg, who has a sell rating on in Vida's stock. He's got a price target of $140. |
| 1:21.6 | Paul, your reaction, pleased with these numbers? It seems to me that everything is in order like everybody else in the |
| 1:31.1 | preview commentary the most important metric that they could release ahead of the call was this |
| 1:38.0 | revenue guide and it looks fine i'm a little bit um i don't want to say dubious but a little bit |
| 1:43.5 | confused by the change in the |
| 1:44.9 | reporting structure. Yeah. Why would a company do that? A company like a video that has, |
... |
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