What is the prognosis for Nvidia stock?
NVIDIA Stock Forecast
NVDA Stock Forecast FAQ
Based on analyst ratings, Nvidia's 12-month average price target is $140.85. Nvidia has 9.66% upside potential, based on the analysts' average price target. Nvidia has a consensus rating of Strong Buy which is based on 37 buy ratings, 4 hold ratings and 0 sell ratings.
Nvidia's (NVDA) run in 2024 has been incredible, with the company briefly becoming the most valuable stock in the market. The company aims for a 700% ROI on its AI GPUs, as some analysts expect the company could hit a $4 trillion market cap.
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.
| Name | Total ESG Risk score | G |
|---|---|---|
| TSMWF TAIWAN SEMICONDUCTOR MANUFACTUR | 15 | 6 |
| IFNNF INFINEON TECHNOLOGIES AG | 15 | 4 |
| NVDA NVIDIA Corporation | 14 | 6 |
| TOELF Tokyo Electron Ltd. | 14 | 5 |
Assuming Nvidia does hit $184.5 billion in revenue in fiscal 2027, its top line would have increased at a compound annual rate of 45%. If the semiconductor giant's growth tapers off in the two that follow years to, let's say 25% a year, its revenue could reach $288 billion after five years.
AI colossus Nvidia was the most anticipated stock split of 2024. Three brand-name businesses with well-defined competitive advantages are likely to follow in Nvidia's footsteps and become Wall Street's next stock-split stocks.
10-years: A $1,000 investment in Nvidia 10 years ago has compounded at 74.5 percent annually and would be worth $261,490.87 today.
How Nvidia's Post-Split Stock Could Rise Tenfold. In the year since Nvidia's boffo Q1 FY 2024 report released in May 2023, the company's stock has risen 248%. Nvidia stock — after splitting 10-for-1 early in June — could rise from $100 to $1,000 by 2026.
There's an easy answer to this question: It's absolutely not too late to buy Nvidia stock.
Is Nvidia a long term buy?
We think it is reasonable that Nvidia may face an inventory correction or a pause in AI demand at some point in the medium term thereafter. Excluding this one-year blip that we model, we anticipate average annual DC growth of 10% thereafter and consider this to be a reasonable long-term growth rate as AI matures.
Since Nvidia's P/E ratio is nearly 74, the company would need to generate annual EPS growth of roughly 74% over the next five years to be undervalued today. Some investors could believe this lofty growth rate is quite possible. After all, Nvidia's EPS skyrocketed 629% year over year in the first quarter of 2024.
NVIDIA has fallen sharply in recent days as global chip maker stocks are hit by possible export controls to China and comments by Donald Trump.
As of 2024-07-20, 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 117.93 USD, the upside of NVIDIA Corp is -63.3%.
Nvidia is a leading manufacturer of graphics processing units (GPUs). The biggest Nvidia shareholders are institutional investors, like BlackRock and Vanguard.
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.
Nvidia shares rose 3% on Thursday, recovering from a 7% drop in the previous session as Donald Trump's comments on Taiwan raised geopolitical concerns. Nvidia's rise came after TSMC said demand remained high while supply was constrained for high-end AI chips, which TSMC manufactures for Nvidia.
Hence, based on current estimates, the chances of Nvidia's share price crossing $1,000 in the next decade appear slim. These projections, however, can change in case Nvidia makes even more dramatic advances in AI technologies in the coming years.
Nvidia's consensus long-term growth rate is 43% a year, which is among the highest for S&P 500 companies and multiples that of Microsoft and Apple. At that rate, Nvidia's operating earnings per share should climb to $80 in four years from $19 today, resulting in a long-term price/earnings ratio, let's call it, of 18.
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.
How big will Nvidia be in 2030?
In a chat with Real Vision that published Wednesday, the analyst touched on another of her predictions, that Nvidia is headed for a $10 trillion market cap by 2030.
Nvidia will produce such a massive 'cash gusher' that it will have to buy back more stock, because all that money has nowhere else to go, analyst says. Nvidia CEO Jensen Huang at Hon Hai Tech Day, in Taipei on Oct. 18, 2023.
NASDAQ: NVDA
So, despite its meteoric rise since last year, the AI market still has plenty of room to run, with Nvidia well-positioned to keep seeing major gains and creating millionaires.
NVIDIA long term debt for 2022 was $10.946B, a 83.53% increase from 2021.
NVIDIA Corporation's ( NVDA ) ex-dividend date is June 11, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. NVIDIA Corporation ( NVDA ) pays dividends on a quarterly basis.
