NVIDIA Corp [NASDAQ: NVDA] surged by $2.64 during the normal trading session on while it closed the day at $135.40.
NVIDIA Corp stock has also loss -4.34% of its value over the past 7 days. However, NVDA stock has inclined by 34.79% in the 3 months of the year. Over the past six months meanwhile, it has gained 52.50% and gained 173.41% year-on date.
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The market cap for NVDA stock reached $3387.41 billion, with 24.64 billion shares outstanding and 23.55 billion shares in the current float. Compared to the average trading volume of 307.80M shares, NVDA reached a trading volume of 195398668 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about NVIDIA Corp [NVDA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NVDA shares is $150.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NVDA stock is a recommendation set at 1.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for NVIDIA Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 18, 2024. While these analysts kept the previous recommendation, Goldman raised their target price from $135 to $150. The new note on the price target was released on October 11, 2024, representing the official price target for NVIDIA Corp stock. On August 29, 2024, analysts increased their price target for NVDA shares from 120 to 145.
The Average True Range (ATR) for NVIDIA Corp is set at 4.67, with the Price to Sales ratio for NVDA stock in the period of the last 12 months amounting to 35.17. The Price to Book ratio for the last quarter was 57.18, with the Price to Cash per share for the same quarter was set at 1.39. Price to Free Cash Flow for NVDA in the course of the last twelve months was 72.40 with Quick ratio for the last quarter at 3.79.
NVDA stock trade performance evaluation
NVIDIA Corp [NVDA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.34. With this latest performance, NVDA shares gained by 10.22% in over the last four-week period, additionally plugging by 52.50% over the last 6 months – not to mention a rise of 219.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NVDA stock in for the last two-week period is set at 52.84, with the RSI for the last a single of trading hit 47.94, and the three-weeks RSI is set at 54.60 for NVIDIA Corp [NVDA]. The present Moving Average for the last 50 days of trading for this stock 125.45, while it was recorded at 137.85 for the last single week of trading, and 104.72 for the last 200 days.
NVIDIA Corp [NVDA]: An insightful look at the core fundamentals
NVIDIA Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.79 and a Current Ratio set at 4.27.
Earnings per share (EPS) analysis for NVIDIA Corp [NVDA] stock
With the latest financial reports released by the company, NVIDIA Corp posted 0.37/share EPS, while the average EPS was predicted by analysts to be reported at 0.31/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.06. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NVDA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NVIDIA Corp go to 35.00%.
NVIDIA Corp [NVDA]: Institutional Ownership
There are presently around $66.84%, or 69.84%% of NVDA stock, in the hands of institutional investors. The top three institutional holders of NVDA stocks are: VANGUARD GROUP INC with ownership of 2.14 billion shares, which is approximately 8.7116%. BLACKROCK INC., holding 1.84 billion shares of the stock with an approximate value of $$227.22 billion in NVDA stocks shares; and BLACKROCK INC., currently with $$128.96 billion in NVDA stock with ownership which is approximately 4.2401%.
