From what 38 stock analysts predict, the share price for NVIDIA Corp (NVDA) might increase by 18.58% in the next year. This is based on a 12-month average estimation for NVDA. Price targets go from $75.4 to $202.79. The majority of stock analysts believe NVDA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
NVIDIA Corp has a total of 38 Wall St Analyst ratings. There are 21 buy ratings, 15 ratings, and 2 sell ratings. Since most analysts have a buy consensus rating, the expectation is that NVIDIA Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of NVDA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Sebastien Naji William Blair | Outperform | Initiates | Sep 18, 2024 | |
Vivek Arya B of A Securities | Buy | $165 | Reiterates | Sep 5, 2024 |
Kevin Garrigan WestPark Capital | Buy | $165 | Maintains | Aug 29, 2024 |
Joseph Moore Morgan Stanley | Overweight | $150 | Maintains | Aug 29, 2024 |
Vivek Arya B of A Securities | Buy | $165 | Maintains | Aug 29, 2024 |
Quinn Bolton Needham | Buy | $145 | Maintains | Aug 29, 2024 |
Harsh Kumar Piper Sandler | Overweight | $140 | Maintains | Aug 29, 2024 |
Richard Shannon Craig-Hallum | Buy | $165 | Maintains | Aug 29, 2024 |
Aaron Rakers Wells Fargo | Overweight | $165 | Maintains | Aug 29, 2024 |
C J Muse Cantor Fitzgerald | Overweight | $175 | Reiterates | Aug 29, 2024 |
William Stein Truist Securities | Buy | $148 | Maintains | Aug 29, 2024 |
Srini Pajjuri Raymond James | Strong Buy | $140 | Maintains | Aug 29, 2024 |
Gil Luria DA Davidson | Neutral | $90 | Maintains | Aug 29, 2024 |
Matt Bryson Wedbush | Outperform | $138 | Reiterates | Aug 29, 2024 |
Stacy Rasgon Bernstein | Outperform | $155 | Maintains | Aug 29, 2024 |
Tristan Gerra Baird | Outperform | $150 | Maintains | Aug 29, 2024 |
Hans Mosesmann Rosenblatt | Buy | $200 | Maintains | Aug 29, 2024 |
Vijay Rakesh Mizuho | Outperform | $140 | Maintains | Aug 29, 2024 |
Harlan Sur JP Morgan | Overweight | $155 | Maintains | Aug 29, 2024 |
Cody Acree Benchmark | Buy | $170 | Reiterates | Aug 29, 2024 |
When did it IPO
1999
Staff Count
29,600
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Jen-Hsun Huang
Market Cap
$3,064.29B
In 2023, NVDA generated $26.97B in revenue, which was a increase of 0.22% from the previous year. This can be seen as a signal that NVDA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Nvidia's stock has significantly outperformed the S&P 500, supported by a robust capital return program featuring share buybacks and increased dividends.
Why It Matters - Nvidia's stock outperformance signals strong investor confidence. The capital return program enhances shareholder value, making it an attractive investment compared to the broader market.
Summary - Nvidia went public in 1999 and has successfully adapted its technology, expanding its market potential for investors.
Why It Matters - Nvidia's successful adaptation of technology signals growth potential, attracting investors seeking opportunities in expanding markets and innovation-driven companies.
Summary - David Tepper, a prominent hedge fund manager, is recognized for his successful contrarian investment strategy.
Why It Matters - David Tepper's reputation as a successful contrarian hedge fund manager may influence market trends and investor sentiment, potentially impacting stock prices and investment decisions.
Summary - Nvidia stock has remained stable over the past three months amid investor concerns, but analysts suggest these issues are likely temporary.
Why It Matters - Nvidia's stagnant stock may indicate short-term challenges, but potential recovery signals could attract long-term investors, impacting future stock performance.
Summary - Nvidia's stock has surged nearly 750% in 2023, driven by its key role in the artificial intelligence sector, alongside its established presence in gaming and graphics.
Why It Matters - Nvidia's 750% stock surge highlights its dominance in the AI sector, indicating strong future growth potential and investor confidence in tech-driven markets.
Summary - Nvidia (NASDAQ: NVDA) faces skepticism about its growth sustainability amid concerns over a potential bubble in the broader AI sector, despite its strong performance in recent years.
Why It Matters - Concerns about Nvidia's growth and potential AI sector bubble may signal volatility ahead, impacting stock performance and investment strategies in tech and AI markets.