MKM Partners has increased Nvidia’s 12-month target stock price from $36 to $39 and expects the company to have "favorable" GPU trends going into 2016 due to its gaming segment generating 58 percent of revenues in 2015.
The firm notes that GPU card price trends and availability are good indicators of Nvidia’s performance going forward. For the third quarter of FY16 (July 27, 2015 – October 25, 2015), the company reported a net income of $245 million, a 42 percent increase year-over-year. For the four quarter of FY16 (October 26, 2015 – January 25, 2016), the company anticipates gross margins to stand at 56.7 percent.
http://fudzilla.com/news/graphics/39...oing-into-2016
Nvidia faces "favorable" GPU trends going into 2016
5th January 2016, 07:09
Nvidia faces "favorable" GPU trends going into 2016 
