NVIDIA Corp [NASDAQ: NVDA] stock went on a downward path that fall over -3.26% on Friday, amounting to a one-week price decrease of less than -3.83%.
Over the last 12 months, NVDA stock rose by 190.42%. The one-year NVIDIA Corp stock forecast points to a potential upside of 11.27. The average equity rating for NVDA stock is currently 1.32, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $3369.33 billion, with 24.64 billion shares outstanding and 23.55 billion shares in the current float. Compared to the average trading volume of 275.62M shares, NVDA stock reached a trading volume of 248403124 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $160.02 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 1.32. 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.
Oppenheimer have made an estimate for NVIDIA Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 14, 2024. While these analysts kept the previous recommendation, Redburn Atlantic raised their target price to Buy. The new note on the price target was released on November 12, 2024, representing the official price target for NVIDIA Corp stock. Previously, the target price had yet another raise from $165 to $190, while BofA Securities kept a Buy rating on NVDA stock. On October 11, 2024, analysts increased their price target for NVDA shares from 135 to 150.
The Average True Range (ATR) for NVIDIA Corp is set at 4.58, with the Price to Sales ratio for NVDA stock in the period of the last 12 months amounting to 34.99. The Price to Book ratio for the last quarter was 59.96, with the Price to Cash per share for the same quarter was set at 1.47. Price to Free Cash Flow for NVDA in the course of the last twelve months was 72.02 with Quick ratio for the last quarter at 3.79.
NVDA Stock Performance Analysis:
NVIDIA Corp [NVDA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.83. With this latest performance, NVDA shares gained by 3.69% in over the last four-week period, additionally plugging by 53.53% over the last 6 months – not to mention a rise of 190.42% 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 53.58, with the RSI for the last a single of trading hit 49.09, and the three-weeks RSI is set at 55.43 for NVIDIA Corp [NVDA]. The present Moving Average for the last 50 days of trading for this stock 130.97, while it was recorded at 145.71 for the last single week of trading, and 108.89 for the last 200 days.
Insight into NVIDIA Corp 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.
NVDA Stock EPS
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] Institutonal Ownership Details
There are presently around $66.28%, or 69.25%% 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%.
