Subtext

NVIDIA Corporation NVDA

SectorInformation Technology
Transcripts76
Date range2006-01-30 – 2025-02-26
Calls charted75

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-16-8+0+8+162005 Q42009 Q22012 Q22014 Q42017 Q22019 Q42022 Q22024 Q42005 Q4 · Overall: +8.22006 Q4 · Overall: +10.02007 Q1 · Overall: +11.02007 Q2 · Overall: +8.12007 Q3 · Overall: +9.82007 Q4 · Overall: +5.12008 Q2 · Overall: +11.42008 Q3 · Overall: +8.02008 Q4 · Overall: +9.22009 Q1 · Overall: +2.62009 Q2 · Overall: +3.22009 Q3 · Overall: +2.12009 Q4 · Overall: -0.12010 Q1 · Overall: +3.62010 Q2 · Overall: +6.82010 Q3 · Overall: +2.02010 Q4 · Overall: +5.62011 Q1 · Overall: +5.92011 Q4 · Overall: +7.92012 Q1 · Overall: +6.52012 Q2 · Overall: +5.12012 Q3 · Overall: +11.12012 Q4 · Overall: +6.62013 Q1 · Overall: +8.42013 Q2 · Overall: +14.22013 Q3 · Overall: +12.62013 Q4 · Overall: +11.02014 Q1 · Overall: +4.42014 Q2 · Overall: +5.52014 Q3 · Overall: +8.12014 Q4 · Overall: +9.22015 Q1 · Overall: +3.92015 Q2 · Overall: +8.42015 Q3 · Overall: +13.72015 Q4 · Overall: +8.32016 Q1 · Overall: +3.32016 Q2 · Overall: +9.52016 Q3 · Overall: +7.12016 Q4 · Overall: +9.12017 Q1 · Overall: +8.42017 Q2 · Overall: +7.52017 Q3 · Overall: +9.12017 Q4 · Overall: +8.52018 Q1 · Overall: +6.72018 Q2 · Overall: +8.52018 Q3 · Overall: +10.22018 Q4 · Overall: +6.92019 Q1 · Overall: +6.42019 Q2 · Overall: +8.42019 Q3 · Overall: +4.82019 Q4 · Overall: +8.02020 Q1 · Overall: +7.92020 Q2 · Overall: +9.72020 Q3 · Overall: +8.52020 Q4 · Overall: +12.72021 Q1 · Overall: +8.42021 Q2 · Overall: +8.52021 Q3 · Overall: +11.72021 Q4 · Overall: +12.32022 Q1 · Overall: +10.52022 Q2 · Overall: +8.42022 Q3 · Overall: +5.32022 Q4 · Overall: +12.32023 Q1 · Overall: +8.82023 Q2 · Overall: -3.52023 Q3 · Overall: +3.12023 Q4 · Overall: +7.22024 Q1 · Overall: +6.22024 Q2 · Overall: +10.42024 Q3 · Overall: +6.52024 Q4 · Overall: +10.02025 Q1 · Overall: +11.62025 Q2 · Overall: +4.82025 Q3 · Overall: +7.02025 Q4 · Overall: +6.9
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-37-19+0+19+372005 Q42009 Q22012 Q22014 Q42017 Q22019 Q42022 Q22024 Q42005 Q4 · CEO: +20.72006 Q4 · CEO: +29.12007 Q1 · CEO: +19.52007 Q2 · CEO: +14.72007 Q3 · CEO: +13.92007 Q4 · CEO: +12.22008 Q2 · CEO: +17.72008 Q3 · CEO: +13.72008 Q4 · CEO: +13.72009 Q1 · CEO: +9.12009 Q2 · CEO: +8.02009 Q3 · CEO: +8.72009 Q4 · CEO: +15.42010 Q1 · CEO: +11.52010 Q2 · CEO: +11.92010 Q3 · CEO: +2.52010 Q4 · CEO: +8.82011 Q1 · CEO: +10.92011 Q4 · CEO: +15.42012 Q1 · CEO: +10.22012 Q2 · CEO: +8.42012 Q3 · CEO: +16.52012 Q4 · CEO: +15.62013 Q1 · CEO: +14.92013 Q2 · CEO: +19.62013 Q3 · CEO: +22.12013 Q4 · CEO: +15.52014 Q1 · CEO: +7.52014 Q2 · CEO: +8.22014 Q3 · CEO: +13.92014 Q4 · CEO: +18.62015 Q1 · CEO: +9.32015 Q2 · CEO: +13.02015 Q3 · CEO: +22.92015 Q4 · CEO: +10.62016 Q1 · CEO: -32.32016 Q2 · CEO: +0.02016 Q3 · CEO: +26.32017 Q1 · CEO: +11.52017 Q2 · CEO: +11.02017 Q3 · CEO: +9.02017 Q4 · CEO: +12.42018 Q1 · CEO: +10.32018 Q2 · CEO: +14.12018 Q3 · CEO: +14.62018 Q4 · CEO: +8.72019 Q1 · CEO: +15.62019 Q2 · CEO: +11.62019 Q3 · CEO: +11.22019 Q4 · CEO: +27.82020 Q1 · CEO: +16.32020 Q2 · CEO: +12.22020 Q3 · CEO: +11.82020 Q4 · CEO: +18.92021 Q1 · CEO: +10.52021 Q2 · CEO: +13.62021 Q3 · CEO: +18.02021 Q4 · CEO: +16.22022 Q1 · CEO: +11.52022 Q2 · CEO: +15.42022 Q3 · CEO: +7.42022 Q4 · CEO: +15.42023 Q1 · CEO: +14.22023 Q2 · CEO: +6.92023 Q3 · CEO: +13.12023 Q4 · CEO: +10.92024 Q1 · CEO: +6.02024 Q2 · CEO: +19.02024 Q3 · CEO: +8.72024 Q4 · CEO: +15.92025 Q1 · CEO: +16.92025 Q2 · CEO: +6.52025 Q3 · CEO: +14.42025 Q4 · CEO: +13.62005 Q4 · CFO: +8.12006 Q4 · CFO: +12.22007 Q1 · CFO: +9.12007 Q2 · CFO: -5.62007 Q3 · CFO: +2.32007 Q4 · CFO: +4.22008 Q2 · CFO: +6.52008 Q3 · CFO: +8.02008 Q4 · CFO: +8.92009 Q1 · CFO: -8.32009 Q2 · CFO: +9.02009 Q3 · CFO: +1.82009 Q4 · CFO: -12.22010 Q1 · CFO: -4.42010 Q2 · CFO: +4.92010 Q3 · CFO: +6.22010 Q4 · CFO: +10.22011 Q1 · CFO: +6.12012 Q1 · CFO: +0.02012 Q2 · CFO: +8.92012 Q3 · CFO: +10.92012 Q4 · CFO: +1.72013 Q1 · CFO: +12.52013 Q2 · CFO: +12.32013 Q3 · CFO: +9.32013 Q4 · CFO: +6.12014 Q1 · CFO: +7.82014 Q2 · CFO: +10.42014 Q3 · CFO: +12.22014 Q4 · CFO: +4.42015 Q1 · CFO: +6.52015 Q2 · CFO: +10.62015 Q3 · CFO: +14.02015 Q4 · CFO: +11.52017 Q3 · CFO: +22.22017 Q4 · CFO: +10.02018 Q1 · CFO: +7.22018 Q2 · CFO: +10.82018 Q3 · CFO: +13.42018 Q4 · CFO: +12.42019 Q1 · CFO: +10.02019 Q2 · CFO: +10.32019 Q3 · CFO: +4.22019 Q4 · CFO: +2.72020 Q1 · CFO: +7.72020 Q2 · CFO: +17.22020 Q3 · CFO: +11.42020 Q4 · CFO: +17.72021 Q1 · CFO: +12.32021 Q2 · CFO: +9.62021 Q3 · CFO: +15.72021 Q4 · CFO: +17.82022 Q1 · CFO: +16.42022 Q2 · CFO: +6.92022 Q3 · CFO: +8.12022 Q4 · CFO: +12.12023 Q1 · CFO: +9.62023 Q2 · CFO: -2.32023 Q3 · CFO: +2.62023 Q4 · CFO: +9.62024 Q1 · CFO: +10.42024 Q2 · CFO: +12.02024 Q3 · CFO: +10.62024 Q4 · CFO: +11.42025 Q1 · CFO: +15.12025 Q2 · CFO: +8.22025 Q3 · CFO: +7.52025 Q4 · CFO: +10.8
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-24-12+0+12+242005 Q42009 Q22012 Q22014 Q42017 Q22019 Q42022 Q22024 Q42005 Q4 · Prepared remarks: +10.62006 Q4 · Prepared remarks: +15.82007 Q1 · Prepared remarks: +14.22007 Q2 · Prepared remarks: +13.32007 Q3 · Prepared remarks: +9.92007 Q4 · Prepared remarks: +8.22008 Q2 · Prepared remarks: +11.32008 Q3 · Prepared remarks: +12.72008 Q4 · Prepared remarks: +10.02009 Q1 · Prepared remarks: -3.32009 Q2 · Prepared remarks: -1.72009 Q3 · Prepared remarks: +10.02009 Q4 · Prepared remarks: +5.92010 Q1 · Prepared remarks: +3.02010 Q2 · Prepared remarks: +6.72010 Q3 · Prepared remarks: +13.12010 Q4 · Prepared remarks: +13.62011 Q1 · Prepared remarks: +6.62011 Q4 · Prepared remarks: +13.92012 Q1 · Prepared remarks: +13.12012 Q2 · Prepared remarks: +5.92012 Q3 · Prepared remarks: +11.12012 Q4 · Prepared remarks: +2.32013 Q1 · Prepared remarks: +14.92013 Q2 · Prepared remarks: +15.32013 Q3 · Prepared remarks: +11.62013 Q4 · Prepared remarks: +11.32014 Q1 · Prepared remarks: +10.82014 Q2 · Prepared remarks: +13.12014 Q3 · Prepared remarks: +12.22014 Q4 · Prepared remarks: +2.52015 Q1 · Prepared remarks: +8.42015 Q2 · Prepared remarks: +10.42015 Q3 · Prepared remarks: +16.72015 Q4 · Prepared remarks: +13.32016 Q1 · Prepared remarks: +1.22016 Q2 · Prepared remarks: +5.22016 Q3 · Prepared remarks: +6.02016 Q4 · Prepared remarks: +7.12017 Q1 · Prepared remarks: +15.62017 Q2 · Prepared remarks: +13.32017 Q3 · Prepared remarks: +19.22017 Q4 · Prepared remarks: +12.22018 Q1 · Prepared remarks: +5.52018 Q2 · Prepared remarks: +10.02018 Q3 · Prepared remarks: +14.62018 Q4 · Prepared remarks: +13.82019 Q1 · Prepared remarks: +12.82019 Q2 · Prepared remarks: +11.02019 Q3 · Prepared remarks: +9.22019 Q4 · Prepared remarks: +2.72020 Q1 · Prepared remarks: +9.62020 Q2 · Prepared remarks: +18.32020 Q3 · Prepared remarks: +10.42020 Q4 · Prepared remarks: +20.92021 Q1 · Prepared remarks: +11.22021 Q2 · Prepared remarks: +11.42021 Q3 · Prepared remarks: +15.82021 Q4 · Prepared remarks: +17.22022 Q1 · Prepared remarks: +15.72022 Q2 · Prepared remarks: +9.12022 Q3 · Prepared remarks: +7.32022 Q4 · Prepared remarks: +11.62023 Q1 · Prepared remarks: +11.82023 Q2 · Prepared remarks: -1.52023 Q3 · Prepared remarks: +7.52023 Q4 · Prepared remarks: +6.52024 Q1 · Prepared remarks: +13.72024 Q2 · Prepared remarks: +13.02024 Q3 · Prepared remarks: +12.42024 Q4 · Prepared remarks: +13.02025 Q1 · Prepared remarks: +13.02025 Q2 · Prepared remarks: +8.52025 Q3 · Prepared remarks: +11.22025 Q4 · Prepared remarks: +6.92005 Q4 · Q&A responses: +8.12006 Q4 · Q&A responses: +11.02007 Q1 · Q&A responses: +12.12007 Q2 · Q&A responses: +9.22007 Q3 · Q&A responses: +13.92007 Q4 · Q&A responses: +8.02008 Q2 · Q&A responses: +18.12008 Q3 · Q&A responses: +10.62008 Q4 · Q&A responses: +5.62009 Q1 · Q&A responses: +7.12009 Q2 · Q&A responses: +12.52009 Q3 · Q&A responses: +2.02009 Q4 · Q&A responses: -0.32010 Q1 · Q&A responses: +6.22010 Q2 · Q&A responses: +10.82010 Q3 · Q&A responses: +0.82010 Q4 · Q&A responses: +7.92011 Q1 · Q&A responses: +9.72011 Q4 · Q&A responses: +12.72012 Q1 · Q&A responses: +10.22012 Q2 · Q&A responses: +5.22012 Q3 · Q&A responses: +15.02012 Q4 · Q&A responses: +12.62013 Q1 · Q&A responses: +12.72013 Q2 · Q&A responses: +18.72013 Q3 · Q&A responses: +17.22013 Q4 · Q&A responses: +14.32014 Q1 · Q&A responses: +6.82014 Q2 · Q&A responses: +6.42014 Q3 · Q&A responses: +12.42014 Q4 · Q&A responses: +14.42015 Q1 · Q&A responses: +7.82015 Q2 · Q&A responses: +11.72015 Q3 · Q&A responses: +20.92015 Q4 · Q&A responses: +8.72016 Q1 · Q&A responses: +9.72016 Q2 · Q&A responses: +13.42016 Q3 · Q&A responses: +11.82016 Q4 · Q&A responses: +16.62017 Q1 · Q&A responses: +11.62017 Q2 · Q&A responses: +10.72017 Q3 · Q&A responses: +8.82017 Q4 · Q&A responses: +11.02018 Q1 · Q&A responses: +10.72018 Q2 · Q&A responses: +13.52018 Q3 · Q&A responses: +13.72018 Q4 · Q&A responses: +7.52019 Q1 · Q&A responses: +12.42019 Q2 · Q&A responses: +11.12019 Q3 · Q&A responses: +10.22019 Q4 · Q&A responses: +20.62020 Q1 · Q&A responses: +9.72020 Q2 · Q&A responses: +11.52020 Q3 · Q&A responses: +11.72020 Q4 · Q&A responses: +16.32021 Q1 · Q&A responses: +10.82021 Q2 · Q&A responses: +11.72021 Q3 · Q&A responses: +16.72021 Q4 · Q&A responses: +15.92022 Q1 · Q&A responses: +12.32022 Q2 · Q&A responses: +13.22022 Q3 · Q&A responses: +6.02022 Q4 · Q&A responses: +14.42023 Q1 · Q&A responses: +9.22023 Q2 · Q&A responses: +3.12023 Q3 · Q&A responses: +7.52023 Q4 · Q&A responses: +12.42024 Q1 · Q&A responses: +4.12024 Q2 · Q&A responses: +10.72024 Q3 · Q&A responses: +7.62024 Q4 · Q&A responses: +13.62025 Q1 · Q&A responses: +18.22025 Q2 · Q&A responses: +6.32025 Q3 · Q&A responses: +10.6
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$-0.32$2.16$4.642005 Q42009 Q22012 Q22014 Q42017 Q22019 Q42022 Q22024 Q42014 Q1: $0.022014 Q2: $0.022014 Q3: $0.032014 Q4: $0.032015 Q1: $0.032015 Q2: $0.022015 Q3: $0.032015 Q4: $0.032016 Q1: $0.042016 Q2: $0.042016 Q3: $0.052016 Q4: $0.072017 Q1: $0.072017 Q2: $0.082017 Q3: $0.102017 Q4: $0.122018 Q1: $0.172018 Q2: $0.202018 Q3: $0.202018 Q4: $0.182019 Q1: $0.142019 Q2: $0.152019 Q3: $0.162019 Q4: $0.182020 Q1: $0.202020 Q2: $0.222020 Q3: $0.262020 Q4: $0.292021 Q1: $0.342021 Q2: $0.412021 Q3: $0.442021 Q4: $0.512022 Q1: $0.582022 Q2: $0.582022 Q3: $0.412022 Q4: $0.422023 Q1: $0.472023 Q2: $0.892023 Q3: $1.472023 Q4: $1.982024 Q1: $2.542024 Q2: $3.082024 Q3: $3.632024 Q4: $4.30

Forward P/E

12.5337.7262.902005 Q42009 Q22012 Q22014 Q42017 Q22019 Q42022 Q22024 Q42014 Q1: 23.002014 Q2: 20.282014 Q3: 16.002014 Q4: 16.672015 Q1: 19.002015 Q2: 22.342015 Q3: 21.752015 Q4: 27.672016 Q1: 21.652016 Q2: 29.502016 Q3: 30.202016 Q4: 34.842017 Q1: 35.722017 Q2: 45.032017 Q3: 44.072017 Q4: 39.022018 Q1: 37.702018 Q2: 33.082018 Q3: 33.442018 Q4: 19.222019 Q1: 30.512019 Q2: 25.392019 Q3: 27.552019 Q4: 32.492020 Q1: 25.782020 Q2: 41.842020 Q3: 47.512020 Q4: 46.322021 Q1: 39.622021 Q2: 43.802021 Q3: 50.392021 Q4: 59.432022 Q1: 42.362022 Q2: 28.422022 Q3: 31.772022 Q4: 41.912023 Q1: 51.192023 Q2: 48.412023 Q3: 30.882023 Q4: 24.272024 Q1: 35.782024 Q2: 43.952024 Q3: 31.262024 Q4: 30.00

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2015 Q2 tone ↑ +4.5 fwd EPS ↓ -0.01 Tone rose while the forward EPS estimate was cut.
  • 2015 Q4 tone ↓ -5.4 fwd EPS ↑ +0.00 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q1 tone ↓ -5.0 fwd EPS ↑ +0.01 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q3 tone ↓ -2.4 fwd EPS ↑ +0.01 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -3.6 fwd EPS ↑ +0.01 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q1 tone ↓ -4.3 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -3.5 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↓ -12.3 fwd EPS ↑ +0.42 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -3.9 fwd EPS ↑ +0.54 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q42025-02-26+6.9——View →
2025 Q32024-11-20+7.0——View →
2025 Q22024-08-28+4.8——View →
2025 Q12024-05-22+11.6——View →
2024 Q42024-02-21+10.0$4.3030.0View →
2024 Q32023-11-21+6.5$3.6331.3View →
2024 Q22023-08-23+10.4$3.0844.0View →
2024 Q12023-05-24+6.2$2.5435.8View →