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Technology

NVIDIA Corporation

AI Stock Analysis· Neutral
Jun 22 · 7:43 PM ET

NVIDIA Corporation (NVDA) is currently priced at $208.65, reflecting a decline of 0.97% today. The technical indicators present a mixed picture; the Relative Strength Index (RSI) stands at 48.7, indicating that the stock is neither overbought nor oversold. The 20-day Simple Moving Average (SMA) is at $211.25, while the 50-day and 200-day SMAs are at $209.81 and $190.09, respectively. The Moving Average Convergence Divergence (MACD) shows a negative divergence at -1.04, suggesting a potential bearish trend. The current signal is a HOLD with a confidence level of 64%, indicating uncertainty in the near-term price action.

From a fundamental perspective, NVIDIA exhibits strong growth metrics, with a staggering revenue growth of 85.2% quarter-over-quarter and an extraordinary 6547.4% year-over-year. The company's earnings per share (EPS) is reported at $6.53, with a remarkable EPS growth of 214.5% QoQ. However, the stock is currently trading at a Price-to-Earnings (P/E) ratio of 32.3, which, while reasonable given its growth trajectory, suggests that the stock may be priced for perfection. Analysts are generally bullish, with a consensus rating of BUY comprising 10 strong buys and 48 buys. The average target price is significantly higher at $298.93, indicating a potential upside of approximately 43% from the current price.

Looking ahead, NVIDIA's next earnings report is not scheduled within the next 30 days, which means investors will need to rely on recent performance and market sentiment for direction. Recent news highlights a new position taken by Reflection Asset Management in NVIDIA, suggesting institutional interest. Additionally, the company has been linked to significant revenue forecasts alongside SpaceX, with both companies projecting $1 trillion in revenue, which could serve as a catalyst for future growth. Investors should closely monitor the stock's performance relative to its technical indicators and upcoming market developments, particularly any shifts in analyst sentiment or unexpected news that could impact the stock's trajectory.

52-Week Range

$145.31$236.26

$201.84

Fundamentals

Market Cap$5.10T
P/E Ratio32.3
EPS$6.53
Dividend Yield0.02%
Dividend / Share$0.04
ROE114.3%
Profit Margin63.0%
Debt / Equity

Trading

Volume59.9M
Avg Volume (10D)
Shares Outstanding24.22B

NVDA News

1993 articles

Price Data

Open$202.17
Previous Close$208.65
Day High$203.77
Day Low$200.04
52 Week High$236.26
52 Week Low$145.31

About NVIDIA Corporation

Nvidia Corporation is an American multinational technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market.

42.0K employees
Listed January 22, 1999
TechnologySemiconductors

Company Details

Security TypeCommon Stock
ExchangeNASDAQ
CurrencyUSD
Round Lot
SICSemiconductors
CIK
Composite FIGI
Share Class FIGI