SANTA CLARA — Nvidia reported first-quarter fiscal year 2027 revenue of $81.62 billion and announced an $80 billion expansion of its share buyback authorization. The company also raised its quarterly dividend to $0.25 per share and guided for second-quarter fiscal year 2027 revenue of $91 billion.

First-quarter fiscal year 2027 revenue represented an 85% increase year-over-year and surpassed the analyst consensus of approximately $78.8 billion. Diluted earnings per share for the quarter were $1.87, marking a 140% increase year-over-year and an 18% sequential increase. This figure also exceeded the Street estimate of $1.77.

Data Center revenue for the first quarter of fiscal year 2027 reached $75.2 billion, an increase of 92% year-over-year and 21% sequentially. Nvidia's Non-GAAP gross margins were 75% in the first quarter of fiscal year 2027, compared to 61% in the first quarter of fiscal year 2026. The company's core operating profit increased 147% year-over-year in the first quarter of fiscal year 2027, with an operating margin of 65.6%.

The $91 billion revenue guidance for the second quarter of fiscal year 2027 exceeded The Wall Street consensus of $86.84 billion. This guidance assumes zero Data Center compute revenue from China. Nvidia CFO Colette Kress stated that Vera Rubin, a new product, will ship in the third quarter of fiscal year 2027. Nvidia expects Vera CPU revenues to contribute meaningfully starting in Q3 FY2027 and guides for over $20 billion in CPU revenue in fiscal year 2027.

Nvidia's stock trades around $195 per share, and its market capitalization exceeds $4.6 trillion. The stock increased nearly 26% over the 12 months preceding June 30, 2026. Over the month preceding June 30, 2026, the stock decreased 6%, and over the week preceding June 30, 2026, it decreased 1%. Its 52-week stock price range is $151.49 to $236.54. The S&P 500 Information Technology Sector climbed roughly 19% year-to-date as of June 30, 2026, with Nvidia being its largest weighted component at nearly 8%.

Bernstein analysts reaffirmed their "Outperform" rating on Nvidia as of June 30, 2026. Nvidia stock carries a consensus "Strong Buy" rating from 49 analysts. Of these analysts, 43 rate it "Strong Buy," three rate it "Moderate Buy," two rate it "Hold," and one rates it "Strong Sell." The mean price target for Nvidia stock is $301.92.