In the Electronic Equipment industry, INTC, AVGO, and TDY are the three stocks most similar to NVIDIA CORP regarding the price target and analyst recommendation information presented here. In terms of how NVIDIA CORP fares relative to stocks in the mega market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 3587.3% of that group.Analyst Vivek Arya maintained his Buy rating on the stock, saying in a note, which included a larger call on the. In the context of stocks in the mega market cap category, NVIDIA CORP's variance in analysts' estimates is lower than -3516.9% of them. Bank of America raised its price target on Nvidia (ticker: NVDA) to 275 from 260.NVIDIA CORP's average analyst price target is higher than 3922.42% of all US stocks.In the context of all US stocks, NVIDIA CORP's number of analysts covering the stock is greater than 4140.49% of them.The business’s 50-day moving average price is 169.80 and its two-hundred day moving average price is 199.38. NVIDIA stock price forecast: 228.83 Market Cap: 327.14B, Enterprise value: 336.22B, P/E: 35.20, PEG ratio: 0.28, EPS: 3.09, Revenue: 29.73B, EBITDA: 9.72B. Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors. Shares of NASDAQ NVDA opened at 162.60 on Thursday. Over the past 15 months, NVDA's average broker recommendation rating improved by 0.28. Over the past 45 weeks, NVDA's average upside potential has been 36.57%. Much depends on continued growth in Nvidia’s data center business, while a “major auto inflection next year” offers another opportunity.Over the past 149 days, NVDA's average price target has gone down $93.88. Malik expects sequential growth in gaming sales to resume in the January quarter once the inventory overhang is cleared. Analyst Cody Acree wrote in a research note that the aggressive inventory clearance in the current quarter is “likely” to drive the stock to its near-term bottom.Ĭitigroup analyst Atif Malik reaffirmed a Buy rating but lowered the stock’s $285 price target to $248. The firm said that clearing out its inventory of gaming and crypto-mining chips was “painful but necessary and welcome.” Cowen’s analyst fears that Nvidia’s stock price may be range-bound in the near term.īenchmark Capital maintained its Buy rating but lowered its $228 price target to $215. Here is a sample of what each had to say.Ĭowen reiterated its Buy rating on the stock and its $200 price target. According to Wall Street analysts, the average 1-year price target for NVDA is. Most reiterated their previous ratings but lowered price targets. Wall Street analysts forecast NVDA stock price to rise over the next 12 months. About 70% of Nvidia’s second-quarter revenue was down to data center sales.Ī half dozen brokerages have weighed in on Nvidia’s results. CEO Jensen Huang said it will take time to sort out the supply chain challenges. The 39 analysts offering 12-month price forecasts for NVIDIA Corp have a median target of 205.00, with a high estimate of 325.00 and a low estimate of. Nvidia could have sold more but supplies of supporting chips were constrained. Data center sales hit a record level in the second quarter but were still short of projections. The big worry is the company’s data center business. Analyst Forecast: Target price is more than 20 higher than the current share price, but analysts are not within a statistically confident range of agreement. NVIDIA Corporation Tomorrows Movement Prediction Forecast & share price targets for tomorrow -NVDA NVIDIA Corporation stock price movement predictions for. The new model uses a small fraction of the electricity needed for crypto mining. They may get slower once Ethereum completes its transition to a proof-of-stake model rather than the proof-of-work model it and Bitcoin currently use. Sales of Nvidia’s graphics processors, which are heavily used in the crypto-mining business, also have been slow. Gaming chip sales were lower, as expected. Nvidia has forecast revenue of $5.9 billion, less than a consensus estimate of $6.9 billion. What had investors worried was the company’s outlook for the current quarter. The company had warned earlier that revenue and profits would be lower for the quarter, so that was no surprise. At the opening bell Thursday, shares traded down by about 1%. ( NASDAQ: NVDA) reported second-quarter results late Wednesday, investors promptly took the stock to the woodshed, cutting as much as 6% from the share price in after-hours trading.