Nvidia, Target, Okta: Market Minute

Nvidia, Target, and Okta have recently reported their earnings, providing insights into their financial performance and market trends. This article will analyze their earnings reports, stock performances, and market minute trends to offer a comprehensive overview of these companies.



Nvidia (NVDA)

Nvidia reported strong earnings for the fourth quarter of fiscal 2025, with revenue of $39.3 billion, up 12% from the previous quarter and 78% from a year ago. GAAP earnings per diluted share were $0.89, up 14% from the previous quarter and 82% from a year ago. Non-GAAP earnings per diluted share were $0.89, up 10% from the previous quarter and 71% from a year ago. For fiscal 2025, revenue was $130.5 billion, up 114% from a year ago. GAAP earnings per diluted share were $2.94, up 147% from a year ago. Non-GAAP earnings per diluted share were $2.99, up 130% from a year ago.

Nvidia's strong performance was driven by the ramp-up of Blackwell AI supercomputers, which generated billions of dollars in sales in its first quarter. The company also benefited from the growth in data center revenue, which increased 93% from a year ago. Nvidia's data center revenue now represents 91% of the company's total sales, up from 83% a year ago and 60% in the same period of 2023.

Nvidia's stock price has been volatile in recent months, with a 52-week range of $112.28 - $175.00. Despite the company's strong earnings, the stock market's reaction to the DeepSeek development and other factors has led to volatility in Nvidia's stock price. Analysts have a mixed view on Nvidia, with 17 out of 18 analysts issuing "buy" or equivalent ratings, and one hold. The consensus price target is approximately $175, suggesting a 26% upside from the stock price of $134.43 on February 20, 2025.

Target (TGT)

Target reported mixed earnings for the fourth quarter of fiscal 2024, with revenue of $31.4 billion, up 10.2% from a year ago. EPS was $3.67, up 11.4% from a year ago. The company's stock price increased by 1.5% in the after-hours trading following the earnings report. Target's earnings report resulted in a modest increase in its stock price, with a 52-week range of $133.15 - $185.55.

Analysts have a mixed view on Target, with 11 "buy" ratings, 10 "hold" ratings, and 2 "sell" ratings. The average price target is $165.50, suggesting a 12.5% upside from the stock price of $147.15 on February 20, 2025.

Okta (OKTA)

Okta reported strong earnings for the fourth quarter of fiscal 2024, with revenue of $1.1 billion, up 31% from a year ago. EPS was $0.34, up 100% from a year ago. The company's stock price increased by 1.8% in the after-hours trading following the earnings report. Okta's earnings report led to a slight increase in its stock price, with a 52-week range of $75.00 - $125.00.

Analysts have a positive view on Okta, with 17 "buy" ratings, 4 "hold" ratings, and 1 "sell" rating. The average price target is $115.00, suggesting a 27% upside from the stock price of $90.25 on February 20, 2025.



In conclusion, Nvidia's strong earnings performance was driven by the ramp-up of Blackwell AI supercomputers and the growth in data center revenue. Target's earnings report resulted in a modest increase in its stock price, while Okta's earnings report led to a slight increase in its stock price. The market minutes for these companies show mixed analyst sentiment, with Nvidia being the most favored among the three. Investors should consider the long-term investment potential of these companies, taking into account their earnings performance, market trends, and analyst sentiment.