Nvidia Beats Earnings Estimates, Announces $80 Billion Buyback Plan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2026
0mins
Source: CNBC
- Strong Earnings Performance: Nvidia exceeded earnings and revenue expectations in its fiscal first quarter, indicating robust market demand and product competitiveness, although its stock fell about 1% in after-hours trading.
- Massive Buyback Plan: The company's board authorized a stock repurchase plan of up to $80 billion, reflecting confidence in future growth and potentially enhancing earnings per share, thereby boosting investor sentiment.
- SpaceX IPO on the Horizon: Elon Musk's SpaceX has filed for an IPO, expected to be the largest in history with the ticker SPCX, generating significant investor interest due to its anticipated valuation.
- Housing Data Expectations: The housing starts data set to be released on Thursday is expected to be 1.42 million, with the market closely watching its impact on the real estate sector, particularly given the recent significant declines in several construction companies' stock prices.
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Analyst Views on STLA
Wall Street analysts forecast STLA stock price to rise
14 Analyst Rating
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 8.200
Low
9.33
Averages
11.81
High
15.15
Current: 8.200
Low
9.33
Averages
11.81
High
15.15
About STLA
Stellantis N.V., formerly Fiat Chrysler Automobiles N.V., is a holding Company based in the Netherlands and operates as an automaker and a mobility provider. The Company is engaged in designing, engineering, manufacturing, distributing and selling vehicles, components and production systems. The Company has industrial operations in more than 30 countries and sells its vehicles directly or through distributors and dealers in more than 130 countries. The Company designs, manufactures, distributes and sells vehicles for the mass-market under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. In addition, the Company designs, manufactures, distributes and sells luxury vehicles under the Maserati brand. The Company's brand portfolio also includes Peugeot, Citroen, DS Automobiles, Opel and Vauxhall. It offers a wide variety of vehicle choices from luxury and mainstream passenger vehicles to pickup trucks, sport utility vehicle (SUVs).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, demonstrating its strong capabilities and experience in this field.
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See More
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- ByteDance Procurement Plan: ByteDance is set to purchase 'millions' of Qualcomm's custom AI processors to power its agentic AI software, a move that not only enhances its data center capabilities but could also lead to significant revenue growth for Qualcomm.
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See More
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- Class Action Notice: Rosen Law Firm reminds investors who purchased Stellantis (NYSE: STLA) common stock between February 26, 2025, and February 5, 2026, to apply as lead plaintiffs by June 8, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Stellantis made false and misleading statements throughout the class period, concealing the true state of its earnings growth potential, particularly regarding the electrification process, which did not grow as claimed, resulting in investor losses when the truth emerged.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, demonstrating its strong capabilities and experience in this field.
- Investor Selection Advice: Investors are advised to carefully select law firms with proven success in leadership roles, avoiding those that merely act as intermediaries, to ensure effective legal representation and support in the litigation process.
See More
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- Market Share Recovery: Stellantis plans to launch nine models priced under $40,000 by 2030, with two models below $30,000, addressing consumer concerns over rising vehicle prices and aiming to quickly regain lost market share while attracting consumers from competing brands.
- Capacity Utilization Improvement: Stellantis aims to increase its U.S. production capacity utilization to 80% by the end of the decade, with a projected 35% growth in North American volume through the introduction of more affordable vehicles, which will help improve margins and fill unused production capacity.
- Global Partnership Expansion: Stellantis holds a 51% stake in the Leapmotor International joint venture, granting it exclusive rights for sales and manufacturing outside Greater China, which will facilitate the production and sales of electric vehicles, enhancing Stellantis's competitiveness in the EV market.
- Five-Year Strategic Plan: Stellantis unveiled a $70 billion five-year plan on May 21, with 70% of the investment focused on key brands like Jeep, Ram, Peugeot, and Fiat, indicating a strategic shift towards brand focus and market positioning, encouraging investor optimism regarding execution.
See More
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- Stellantis Lawsuit: Stellantis N.V. faces a class action lawsuit for failing to grow its adjusted operating income as forecasted, with allegations that the company misrepresented its position in the electrification market, potentially impacting stock prices and investor confidence.
- United Homes Group Issues: United Homes Group, Inc. is accused of having its controlling shareholder devalue the company and force a sale, raising serious concerns about governance and financial health, which could negatively affect market performance and shareholder rights.
- LKQ Corporation Allegations: LKQ Corporation is facing litigation due to customer losses at FinishMaster and issues with acquisition integration, with claims that the company failed to disclose operational and financial risks, potentially leading to diminished investor confidence in future profitability.
- Globant Challenges: Globant S.A. is accused of facing declining demand in Latin America and freezing wages, which has raised concerns among investors about the company's business outlook, potentially leading to stock price volatility and questions regarding its market strategy.
See More
Stellantis Faces Class Action Lawsuit Over Misleading Statements
- Class Action Reminder: The Schall Law Firm reminds investors of a class action lawsuit against Stellantis for violations of securities laws, concerning securities purchases between February 26, 2025, and February 5, 2026, with a deadline to contact the firm by June 8, 2026, to participate.
- False Statement Allegations: The complaint alleges that Stellantis made false and misleading statements to the market, creating a false impression that it could capitalize on the electric vehicle market, leading to repeated reductions in earnings guidance due to restructuring charges and other issues.
- Market Reaction Impact: As the market learned the truth about Stellantis, investors suffered losses, indicating the company's failure to secure a commanding position in the electric vehicle market, which adversely affected its stock price and investor confidence.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected investors to reach out to discuss their rights, demonstrating the firm's commitment to protecting shareholder interests.
See More
