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NASDAQ:NVDA

NVIDIA (NVDA) Stock Forecast, Price & News

$381.39

-5.15 (-1.33%)

(As of 01:40 PM ET)

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Today's Range: $380.85
▼
$394.99
50-Day Range: $262.41
▼
$401.11
52-Week Range: $108.13
▼
$419.38

Volume: 31.19 million shs
Average Volume: 48.57 million shs
Market Capitalization: $942.03 billion

P/E Ratio: 198.64
Dividend Yield: 0.04%
Price Target: $381.08

NVIDIA MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.81 Rating Score
Upside/Downside: 1.1% Downside
$381.08 Price Target
Short Interest: Healthy
1.17% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.26
Upright™ Environmental Score
News Sentiment: 0.34
Based on 80 Articles This Week
Insider Trading: Selling Shares
$50.33 M Sold Last Quarter
Proj. Earnings Growth: 39.24%
From $6.09 to $8.48 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.74 out of 5 stars

Computer And Technology Sector

58th out of 603 stocks

Semiconductors & Related Devices Industry

10th out of 88 stocks

2.4

Analyst's Opinion

Consensus Rating
NVIDIA has received a consensus rating of Buy. The company's average rating score is 2.81, and is based on 29 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $381.08, NVIDIA has a forecasted downside of 1.1% from its current price of $385.43.
Amount of Analyst Coverage
NVIDIA has been the subject of 23 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.17% of the outstanding shares of NVIDIA have been sold short.
Short Interest Ratio / Days to Cover
NVIDIA has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NVIDIA has recently decreased by 11.56%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
NVIDIA has a dividend yield of 0.04%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
NVIDIA does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of NVIDIA is 8.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, NVIDIA will have a dividend payout ratio of 1.89% next year. This indicates that NVIDIA will be able to sustain or increase its dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
NVIDIA has received a 28.13% net impact score from Upright. Nvidia seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "IoT software", "Supercomputing services", and "Supercomputers" products. See details.
Environmental Sustainability
The Environmental Impact score for NVIDIA is -1.26.

3.0

News and Social Media Coverage

News Sentiment
NVIDIA has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 80 news articles for NVIDIA this week, compared to 25 articles on an average week.
Search Interest
840 people have searched for NVDA on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.
MarketBeat Follows
338 people have added NVIDIA to their MarketBeat watchlist in the last 30 days. This is an increase of 102% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NVIDIA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,325,990.00 in company stock.
Percentage Held by Insiders
Only 3.99% of the stock of NVIDIA is held by insiders.
Percentage Held by Institutions
61.80% of the stock of NVIDIA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for NVIDIA are expected to grow by 39.24% in the coming year, from $6.09 to $8.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NVIDIA is 200.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.78.
Price to Earnings Ratio vs. Sector
The P/E ratio of NVIDIA is 200.75, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 307.90.
Price to Earnings Growth Ratio
NVIDIA has a PEG Ratio of 2.79. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
NVIDIA has a P/B Ratio of 38.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About NVIDIA (NASDAQ:NVDA) Stock

NVIDIA Corporation ranks among the world’s leading microchip manufacturers and is best known for its contributions in the fields of graphics and gaming. Its chips and related software power the fastest, highest-resolution graphics and are featured in a line of products that include solutions for all end-market uses. Along with gaming, NVIDIA microchips are used in visualization, datacenter, AI, and autonomous vehicles just to name a few.

NVIDIA was founded in 1993 by three friends and is headquartered in Santa Clara, California. The company was intended to focus on chips for the budding gaming and entertainment industry that was spawned by the rise of the personal computer and the Internet. At the time of its founding, there were less than 30 graphics-focused independent operators and that figure would more than double over the next few years.

NVIDIA launched its first product in 1995 called the NV1 and paved the way for 3-D games like Sega’s Virtual Fighter. The next big break came in 1996 with the launch of Microsoft DirectX Drivers which changed how Windows interfaced with games. The next year, in 1997, the company will release the world’s first 128-bit 3-D processor. It quickly gains acceptance gaming OEMs and more than 1 million units are shipped the first four months. Later, in 199, the company will invet the GPU and change the world of computing forever. The GPU will not only enhance the graphics capabilities of the PC but lead to accelerated-computing and AI as well. NVIDIA also held its IPO that same year.

Founders Jensen Huang and Chris Malachowsky are still in leadership positions. Mr. Huang has served as the company’s CEO, president, and board member since the company’s founding. Mr. Malachowsky serves as a member of the company’s executive staff and is a senior technology executive.

Today, NVIDIA Corporation is the only remaining independently operating graphics-focused microchip company in operation. The company’s business has evolved from the core gaming-oriented business to include graphics-oriented computing, and networking solutions in the United States, Taiwan, China, and internationally but gaming is still a pillar of the business.

NVIDIA’s Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and software solutions for gaming platforms. The company also offers the Quadro/NVIDIA RTX GPUs for enterprise-level workstation graphics, the vGPU software for cloud-based visual and virtual computing, and entertainment platforms for OEM auto manufacturers, and Omniverse software for 3-D world-building.

NVIDIA’s Compute & Networking segment provides a wide range of solutions for interconnect, AI/autonomous driving, cryptocurrency mining, robotics, Data Center platforms and accelerated computing. Products include Mellanox for networking and interconnect, Jetson for robotics and embedded applications, and AI Enterprise software among others.

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