NVDA - NVIDIA - Stock Forecast

Technology - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

NVDA is currently covered by 38 analysts with an average price target of $892.86. This is a potential upside of $97.68 (12.28%) from yesterday's end of day stock price of $795.18.

NVIDIA's activity chart (see below) currently has 948 price targets and 860 ratings on display. The stock rating distribution of NVDA is 86.5% BUY, 12.54% HOLD and 0.96% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 86.23% with an average time for these price targets to be met of 138.21 days.

Highest price target for NVDA is $1200, Lowest price target is $360, average price target is $892.86.

Most recent stock forecast was given by JOHN VINH from KEYBANK on 08-Apr-2024.

Split History since 2000:

7/20/21 4 for 1

9/11/07 3 for 2

4/7/06 2 for 1

9/17/01 2 for 1

6/27/00 2 for 1

What is NVIDIA Corporation?

NVIDIA Corporation is a technology company that provides graphics, computing, and networking solutions to various markets. The company was founded in 1993 and is headquartered in Santa Clara, California. NVIDIA Corporation is primarily known for its graphics processing units (GPUs), which are used in gaming and personal computer applications. However, the company has expanded its product portfolio to include solutions for data centers, professional visualization, and automotive applications.

What made NVIDIA Corporation famous?

NVIDIA Corporation became famous for its GPUs, revolutionizing the gaming industry by providing high-quality graphics and improved performance. Over the years, the company has continued to innovate and expand its product portfolio, introducing solutions for professional visualization, data center, and automotive applications. NVIDIA Corporation has also established strategic collaborations with various organizations, including Kroger Co, which have helped the company to reach new markets and expand its customer base.

What are the famous products or services of NVIDIA Corporation?

GeForce GPUs

Graphics Processing Units (GPUs) primarily used in gaming and personal computer applications offer high-performance graphics and deliver immersive gaming experiences.

GeForce NOW

GeForce NOW is a cloud gaming service that enables users to play games on their devices without requiring expensive hardware. It provides a library of games that users can stream to any device, making it accessible even to gamers with lower-end hardware.

Quadro/NVIDIA RTX GPUs

Nvidia designs these professional-grade GPUs specifically for enterprise workstation graphics. They offer advanced features like real-time ray tracing and AI-powered rendering to deliver high-quality graphics for professional applications like 3D rendering, product design, and scientific visualization.

vGPU software

This is a virtualization technology that enables multiple virtual machines to share a single physical GPU. This technology is ideal for cloud-based visual and virtual computing, as it allows users to access high-performance graphics applications from anywhere, without the need for specialized hardware.

Automotive platforms

NVIDIA designs its automotive platforms for use in infotainment systems in cars. They offer advanced features like voice recognition, natural language processing, and high-performance graphics to deliver an enhanced in-car experience for drivers and passengers.

Omniverse software

This is a collaboration platform for 3D design and virtual world creation. It allows multiple designers and artists to work together on a single project, in real time, using various tools and workflows.

Data center platforms

NVIDIA designs these platforms for AI, HPC, and accelerated computing. They offer high-performance computing power and advanced features like deep learning, virtualization, and high-speed interconnects to deliver fast and efficient computing for data-intensive applications.

Mellanox networking and interconnect solutions

These solutions provide high-performance networking and interconnect capabilities for data centers, cloud computing, and AI applications. They offer low-latency and high-bandwidth connectivity for fast data transfer and processing.

Automotive AI Cockpit, autonomous driving development agreements, and autonomous vehicle solutions

Advanced AI-powered solutions for the automotive industry are provided by NVIDIA. They offer features like advanced driver assistance systems, autonomous driving capabilities, and predictive maintenance to enhance the safety and efficiency of vehicles.

Cryptocurrency mining processors

NVIDIA designed these processors specifically for mining cryptocurrencies. They offer high-performance computing power and energy efficiency to enable faster and more efficient mining of cryptocurrencies like Bitcoin and Ethereum.

Jetson

These are compact, power-efficient computing platforms that are designed for use in robotics and other embedded platforms. They offer high-performance computing power and AI capabilities to enable advanced robotics applications like autonomous drones and industrial automation.

NVIDIA AI Enterprise and other software

These are software solutions designed for AI and machine learning applications. They offer advanced features like deep learning, computer vision, and natural language processing to enable fast and efficient AI-powered applications in various industries.

 

NVIDIA Corporation’s success so far

NVIDIA Corporation has achieved significant success in its various markets over the years. The company’s innovative products and strategic collaborations have helped it to stay ahead of its competitors. In 2020, NVIDIA Corporation’s revenue was $16.68 billion, representing a 53% increase from the previous year. The company’s net income was $4.33 billion, representing a 53% increase from the previous year.

Currently out of the existing stock ratings of NVDA, 269 are a BUY (86.5%), 39 are a HOLD (12.54%), 3 are a SELL (0.96%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

1200

$328.67 (37.72%)

1100

14 days ago

19/21 (90.48%)

$328.67 (37.72%)

154

Buy

1050

$178.67 (20.51%)

850

18 days ago

38/39 (97.44%)

$190.95 (22.23%)

129

Buy

1100

$228.67 (26.24%)

800

1 months ago

30/31 (96.77%)

$157.11 (16.66%)

138

Buy

1177

$305.67 (35.08%)

911

1 months 4 days ago

46/48 (95.83%)

$292.45 (33.06%)

187

Buy

1100

$228.67 (26.24%)

925

1 months 9 days ago

51/52 (98.08%)

$191.12 (21.03%)

205

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What is NVDA (NVIDIA) average time for price targets to be met?

On average it took 138.21 days on average for the stock forecasts to be realized with a an average price target met ratio 86.23

Which analyst has the current highest performing score on NVDA (NVIDIA) with a proven track record?

FRANK LEE

Which analyst has the most public recommendations on NVDA (NVIDIA)?

Frank Lee has 3 price targets and 2 ratings on NVDA

Which analyst is the currently most bullish on NVDA (NVIDIA)?

C J Muse with highest potential upside - $328.67

Which analyst is the currently most reserved on NVDA (NVIDIA)?

Brian Alger with lowest potential downside - -$896.69

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