What is a fair price for Nvidia stock?
The average price target for Nvidia is $140.85. This is based on 41 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $200.00 ,the lowest forecast is $90.00.
As of 2024-07-18, the Intrinsic Value of NVIDIA Corp (NVDA) is 50.13 USD. This NVIDIA valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 117.99 USD, the upside of NVIDIA Corp is -57.5%.
According to NVIDIA's latest financial reports the company has a price-to-book ratio of 60.6. The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Based on analysts offering 12 month price targets for NVDA in the last 3 months. The average price target is $140.7 with a high estimate of $200 and a low estimate of $90.
As of 2024-07-15, the Fair Value of NVIDIA Corp (NVDA) is 43.29 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 129.24 USD, the upside of NVIDIA Corp is -66.5%.
The Discounted Cash Flow (DCF) valuation of NVIDIA Corp (NVDA) is 49.32 USD. With the latest stock price at 134.91 USD, the upside of NVIDIA Corp based on DCF is -63.4%.
Values and Principles of NVIDIA
Dream big, start small. Take risks, learn fast. Seek truth, learn from mistakes, share learnings.
Overall, analysts continue to remain bullish about Nvidia stock, even as they've struggled to keep up with price-target hikes post-stock split. The consensus rating is a "Strong Buy,” with a mean target price of $139.41, indicating an upside potential of about 16.7% to current prices.
NVDA Stock 12 Month Forecast
Based on 41 Wall Street analysts offering 12 month price targets for Nvidia in the last 3 months. The average price target is $140.85 with a high forecast of $200.00 and a low forecast of $90.00. The average price target represents a 9.66% change from the last price of $128.44.
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 212.65 | 80.23% |
| 2026 | $ 383.27 | 224.83% |
| 2027 | $ 690.76 | 485.44% |
| 2028 | $ 1,244.97 | 955.15% |
What was the price of NVIDIA stock when it went public?
When was NVIDIA's initial public offering and what was the opening price? NVIDIA went public on January 22, 1999 at $12/share.
As of today, NVIDIA's share price is $129.24. NVIDIA's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $3.20. Hence, NVIDIA's PS Ratio for today is 40.40.
The closing price for NVIDIA (NVDA) in 2000 was $0.13, on December 29, 2000. It was up 38.6% for the year. The latest price is $121.11.
Multiplying the projected earnings with Nvidia's five-year average forward earnings multiple of 39 suggests that its stock price could hit $2,266 per share (barring any stock splits or other events) after five years. That would translate into a jump of 162% from current levels.
The all-time high NVIDIA stock closing price was 135.58 on June 18, 2024. The NVIDIA 52-week high stock price is 140.76, which is 19.4% above the current share price. The NVIDIA 52-week low stock price is 39.23, which is 66.7% below the current share price. The average NVIDIA stock price for the last 52 weeks is 70.71.
According to the latest long-term forecast, Nvidia price will hit $200 by the end of 2024 and then $350 by the end of 2025. Nvidia will rise to $450 within the year of 2026, $500 in 2027, $700 in 2028, $800 in 2029, $900 in 2030, $1000 in 2032, $1100 in 2034 and $1200 in 2036.
While some analysts argue that Nvidia's valuation is expensive, others make the case that the company still has a long runway to grow, which justifies its premium valuation.
Fair Value Estimate for Nvidia Stock
Our fair value estimate is $1,050 per share, which implies an equity value of roughly $2.5 trillion.
Intrinsic Value. The intrinsic value of one NVDA stock under the Base Case scenario is 83.3 USD. Compared to the current market price of 117.93 USD, NVIDIA Corp is Overvalued by 29%.
Is Nvidia Stock A Buy? Despite recent drops, shares remain extended from their latest buy points and are not in a buyable pattern, according to IBD MarketSurge. In 2023, the AI stock had a huge 239% run and it's up around 142% so far this year, even after the recent drop.
What is the NVIDIA price target?
| High | $200.00 |
|---|---|
| Low | $15.00 |
| Average | $131.08 |
| Current Price | $117.99 |
Traditional CPUs are good at sequential processing, but AI tasks like profound learning benefit from parallel processing. NVIDIA's GPUs have significantly enhanced cores that can handle calculations better, ultimately striving in the AI workforce.
Analysts are expecting the company's earnings to increase at an annual rate of 43% for the next five years. Based on its fiscal 2024 earnings of $1.21 per share, Nvidia's bottom line could jump to $7.24 per share after five years.
Prominent chip stocks look primed to rebound Thursday after the sector's worst daily drop since 2020. Nvidia shares are up 2.2% in premarket action Thursday, while Marvell shares are ahead 1.6%, Super Micro shares are up 1.4% and Advanced Micro Devices shares are ahead 1.3%.
There's an easy answer to this question: It's absolutely not too late to buy Nvidia stock.
