S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?

NVIDIA (NVDA) Stock Price, News & Analysis

$884.55
+6.18 (+0.70%)
(As of 03/18/2024 ET)
Today's Range
$870.85
$924.05
50-Day Range
$531.40
$926.69
52-Week Range
$251.30
$974.00
Volume
66.27 million shs
Average Volume
53.99 million shs
Market Capitalization
$2.21 trillion
P/E Ratio
74.08
Dividend Yield
0.02%
Price Target
$829.66

NVIDIA MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.95 Rating Score
Upside/​Downside
4.5% Downside
$844.56 Price Target
Short Interest
Healthy
1.08% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.26
Upright™ Environmental Score
News Sentiment
0.62mentions of NVIDIA in the last 14 days
Based on 263 Articles This Week
Insider Trading
Selling Shares
$64.32 M Sold Last Quarter
Proj. Earnings Growth
9.23%
From $21.77 to $23.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.70 out of 5 stars

Computer And Technology Sector

60th out of 602 stocks

Semiconductors & Related Devices Industry

14th out of 90 stocks

NVDA stock logo

About NVIDIA Stock (NASDAQ:NVDA)

NVIDIA Corporation ranks among the world’s leading microchip manufacturers and is best known for its contributions in the fields of graphics and gaming. Its chips and related software power the fastest, highest-resolution graphics and are featured in a line of products that include solutions for all end-market uses. Along with gaming, NVIDIA microchips are used in visualization, datacenter, AI, and autonomous vehicles just to name a few.

NVIDIA was founded in 1993 by three friends and is headquartered in Santa Clara, California. The company was intended to focus on chips for the budding gaming and entertainment industry that was spawned by the rise of the personal computer and the Internet. At the time of its founding, there were less than 30 graphics-focused independent operators and that figure would more than double over the next few years.

NVIDIA launched its first product in 1995 called the NV1 and paved the way for 3-D games like Sega’s Virtual Fighter. The next big break came in 1996 with the launch of Microsoft DirectX Drivers which changed how Windows interfaced with games. The next year, in 1997, the company will release the world’s first 128-bit 3-D processor. It quickly gains acceptance gaming OEMs and more than 1 million units are shipped the first four months. Later, in 199, the company will invet the GPU and change the world of computing forever. The GPU will not only enhance the graphics capabilities of the PC but lead to accelerated-computing and AI as well. NVIDIA also held its IPO that same year.

Founders Jensen Huang and Chris Malachowsky are still in leadership positions. Mr. Huang has served as the company’s CEO, president, and board member since the company’s founding. Mr. Malachowsky serves as a member of the company’s executive staff and is a senior technology executive.

Today, NVIDIA Corporation is the only remaining independently operating graphics-focused microchip company in operation. The company’s business has evolved from the core gaming-oriented business to include graphics-oriented computing, and networking solutions in the United States, Taiwan, China, and internationally but gaming is still a pillar of the business.

NVIDIA’s Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and software solutions for gaming platforms.  The company also offers the Quadro/NVIDIA RTX GPUs for enterprise-level workstation graphics, the vGPU software for cloud-based visual and virtual computing, and entertainment platforms for OEM auto manufacturers, and Omniverse software for 3-D world-building.

NVIDIA’s Compute & Networking segment provides a wide range of solutions for interconnect, AI/autonomous driving, cryptocurrency mining, robotics, Data Center platforms and accelerated computing. Products include Mellanox for networking and interconnect, Jetson for robotics and embedded applications, and AI Enterprise software among others.

 

NVDA Stock Price History

NVDA Stock News Headlines

Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Nvidia NASDAQ: NVDA is not just on a hot streak; it's setting records. With shares skyrocketing 241% over the past year and a staggering 77% year-to-date, the company has become an indispensable force in the tech world.
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off (NVDA)
As Nvidia's GTC conference kicks off, could now be the opportune time to buy the sector's recent pullback and its top holding, Nvidia, for a leg higher?
Central Bank Gold Heist In Progress
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
In the past week, the rally in the Technology Select Sector SPDR Fund NYSEARCA: XLK has faltered as many leading stocks have been trading off their previous highs, or have posted small gains.
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback? (NVDA)
Amid a tech sector rally stumble, Nvidia leads the decline. Caution may be in order, amid broader signs that the wider market is under selling pressure.
3 Large-Cap Stocks Buying Back Shares Aggressively
Investors tend to focus on two significant aspects of their stock holdings, especially when measuring whether they're winning or losing. One is undeniably price appreciation—or the lack of it—and another is whether they are getting paid a relatively steady dividend.
3 Large-Cap Stocks Buying Back Shares Aggressively (NVDA)
Management buybacks and Wall Street analyst price target boosts are the common story across these three stocks; get your money's worth in them
Oil Prices Up Again, Should You Buy This Time?
Oil is – and has always been – the primary driver in energy stocks. When prices swing as aggressively as they are about to, investors tend to position themselves with more than clear expectations.
They said crypto was dead. It went up 100X.
Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.
Oil Prices Up Again, Should You Buy This Time?
A new leg up for oil prices is causing a ripple effect throughout the market; three stocks quickly became favorite must-haves this cycle
Watch for Tech Giants to Boost Share Buybacks in 2024
Watch for robust earnings growth at big techs such as Meta Platforms Inc. NASDAQ: META, Nvidia Corp. NASDAQ: NVDA, Microsoft Corp. NASDAQ: MSFT and Apple Inc. NASDAQ: AAPL to increase the rate of share buybacks this year, says a recent report from Goldman Sachs.
NVIDIA (NASDAQ:NVDA) Price Target Raised to $1,050.00 at HSBC
See More Headlines
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Company Calendar

Ex-Dividend for 12/28 Dividend
12/05/2023
Dividend Payable
12/28/2023
Last Earnings
2/21/2024
Ex-Dividend for 3/27 Dividend
3/05/2024
Today
3/18/2024
Dividend Payable
3/27/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:NVDA
CUSIP
67066G10
Employees
29,600
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$844.56
High Stock Price Target
$1,200.00
Low Stock Price Target
$275.00
Potential Upside/Downside
-6.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.95
Research Coverage
41 Analysts

Profitability

Net Income
$29.76 billion
Pretax Margin
55.51%

Debt

Sales & Book Value

Annual Sales
$60.92 billion
Cash Flow
$12.48 per share
Book Value
$17.19 per share

Miscellaneous

Outstanding Shares
2,500,000,000
Free Float
2,400,250,000
Market Cap
$2.21 trillion
Optionable
Optionable
Beta
1.73

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Should I Buy NVIDIA Stock? NVDA Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of NVIDIA was last updated on Sunday, March 17, 2024 at 4:28 PM.

Pros

Here are some ways that investors could benefit from investing in NVidia:

  • NVIDIA's consistent innovation in GPU technology, particularly with the latest GeForce RTX series, has positioned the company as a leader in the gaming and professional visualization markets.
  • The company's expansion into AI and data center solutions, such as the NVIDIA AI Enterprise software, caters to the growing demand for advanced computing capabilities in various industries.
  • NVIDIA's strong financial performance, reflected in its recent stock price growth, showcases its ability to deliver value to shareholders.
  • Ongoing partnerships and collaborations with major tech players like Microsoft and Mercedes-Benz enhance NVIDIA's market presence and offer potential for further growth.
  • The development of cutting-edge technologies like Omniverse software for metaverse applications demonstrates NVIDIA's commitment to staying at the forefront of industry trends.

Cons

Investors should be bearish about investing in NVidia for these reasons:

  • The semiconductor industry's inherent cyclicality may pose risks to NVIDIA's revenue streams, especially during economic downturns or supply chain disruptions.
  • Increased competition in the GPU and AI sectors from companies like AMD and Intel could potentially impact NVIDIA's market share and profitability.
  • Regulatory challenges related to data privacy and antitrust concerns in the tech industry may introduce uncertainties for NVIDIA's future operations and growth strategies.
  • Dependency on key markets like gaming and data centers for a significant portion of revenue exposes NVIDIA to market fluctuations and changing consumer preferences.
  • Potential impact of geopolitical tensions on global supply chains and trade policies could affect NVIDIA's manufacturing processes and international business operations.

NVDA Stock Analysis - Frequently Asked Questions

Should I buy or sell NVIDIA stock right now?

41 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NVIDIA in the last year. There are currently 3 hold ratings, 37 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NVDA shares.
View NVDA analyst ratings
or view top-rated stocks.

What is NVIDIA's stock price target for 2024?

41 brokers have issued 12 month price targets for NVIDIA's stock. Their NVDA share price targets range from $275.00 to $1,200.00. On average, they predict the company's stock price to reach $844.56 in the next year. This suggests that the stock has a possible downside of 4.5%.
View analysts price targets for NVDA
or view top-rated stocks among Wall Street analysts.

How have NVDA shares performed in 2024?

NVIDIA's stock was trading at $495.22 on January 1st, 2024. Since then, NVDA stock has increased by 78.6% and is now trading at $884.55.
View the best growth stocks for 2024 here
.

When is NVIDIA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our NVDA earnings forecast
.

How were NVIDIA's earnings last quarter?

NVIDIA Co. (NASDAQ:NVDA) posted its earnings results on Wednesday, February, 21st. The computer hardware maker reported $5.16 EPS for the quarter, beating the consensus estimate of $4.21 by $0.95. The computer hardware maker earned $22.10 billion during the quarter, compared to analyst estimates of $20.40 billion. NVIDIA had a trailing twelve-month return on equity of 93.61% and a net margin of 48.85%. The company's revenue for the quarter was up 265.3% on a year-over-year basis. During the same period last year, the company posted $0.65 EPS.
Read the conference call transcript
.

How often does NVIDIA pay dividends? What is the dividend yield for NVIDIA?

NVIDIA announced a quarterly dividend on Wednesday, February 21st. Shareholders of record on Wednesday, March 6th will be paid a dividend of $0.04 per share on Wednesday, March 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.02%. The ex-dividend date is Tuesday, March 5th.
Read our dividend analysis for NVDA
.

Is NVIDIA a good dividend stock?

NVIDIA (NASDAQ:NVDA) pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.02%. The dividend payout ratio is 1.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NVDA will have a dividend payout ratio of 0.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NVDA.

When did NVIDIA's stock split?

NVIDIA's stock split before market open on Tuesday, July 20th 2021. The 4-1 split was announced on Tuesday, July 20th 2021. The newly minted shares were payable to shareholders after the closing bell on Tuesday, July 20th 2021. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

What guidance has NVIDIA issued on next quarter's earnings?

NVIDIA issued an update on its first quarter 2025 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $23.5 billion-$24.5 billion, compared to the consensus revenue estimate of $22.2 billion.

What is Jen-Hsun Huang's approval rating as NVIDIA's CEO?

783 employees have rated NVIDIA Chief Executive Officer Jen-Hsun Huang on Glassdoor.com. Jen-Hsun Huang has an approval rating of 99% among the company's employees. This puts Jen-Hsun Huang in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of NVIDIA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NVIDIA investors own include Alibaba Group (BABA), Micron Technology (MU), Advanced Micro Devices (AMD), General Electric (GE), Tesla (TSLA), Netflix (NFLX), PayPal (PYPL), Walt Disney (DIS) and Block (SQ).

Who are NVIDIA's major shareholders?

NVIDIA's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.18%), Vanguard Group Inc. (8.28%), Price T Rowe Associates Inc. MD (2.01%), Norges Bank (1.19%), Northern Trust Corp (1.02%) and Legal & General Group Plc (0.84%). Insiders that own company stock include A Brooke Seawell, Ajay K Puri, Colette Kress, Dawn E Hudson, Debora Shoquist, Donald F Robertson Jr, Harvey C Jones, Jen Hsun Huang, John Dabiri, Mark A Stevens, Mark L Perry, Persis Drell, Robert K Burgess, Robert K Burgess and Tench Coxe.
View institutional ownership trends
.

How do I buy shares of NVIDIA?

Shares of NVDA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does NVIDIA have any subsidiaries?
The following companies are subsidiares of NVIDIA: 3Dfx Interactive, Arm Holdings, Beijing DeepMap Chuxing Technology Co. Ltd., Beijing Mellanox Technologies Co. Ltd., Bright Computing, Bright Computing B.V., Bright Computing Holding B.V., Bright Computing Inc, Cigol Digital Systems Ltd., Cumulus Networks, Cumulus Networks Inc, Cumulus Networks India LLP, DeepMap, DeepMap (Guangzhou) Chuxing Technology Co. Ltd., DeepMap Cayman Limited, DeepMap GmbH i.L., DeepMap HongKong Limited, DeepMap US LLC, Excelero Storage, Exluna, Hybrid Graphics, Icera, Icera LLC, Icera Semiconductor LLC, JAH Venture Holdings Inc., LPN Facilitator LLC, MediaQ, Mellanox Technologies, Mellanox Technologies Belfast Ltd. (fka Titan IC Systems Ltd.), Mellanox Technologies Denmark ApS (fka Iptronics A/S), Mellanox Technologies Inc, Mellanox Technologies Ltd, Mellanox Technologies Silicon Photonics Inc. (fka Kotura Inc.), Mellanox Technologies Singapore Pte. Ltd. (Singapore), Mellanox Technologies Sweden AB (fka OptiGOT AB), Mellanox Technologies UK Holdings Ltd., Mellanox Technologies UK Ltd. (fka Voltaire (UK) Ltd.), Mellanox Technologies Ukraine LLC, NV Computing Mexico S de R L de CV, NVIDIA (BVI) Holdings Limited, NVIDIA (Thailand) Ltd, NVIDIA ARC GmbH, NVIDIA Brasil Computação Visual Limitada, NVIDIA Bulgaria EOOD, NVIDIA Corporation, NVIDIA Development France SAS, NVIDIA Development Inc., NVIDIA Development UK Limited, NVIDIA Dutch B.V., NVIDIA Entertainment Devices (Shanghai) Co. Ltd, NVIDIA FZ-LLC, NVIDIA GK, NVIDIA GmbH, NVIDIA Graphics Holding Company, NVIDIA Graphics Private Limited, NVIDIA Helsinki Oy, NVIDIA Hong Kong Development Limited, NVIDIA Hong Kong Holdings Limited, NVIDIA International Holdings Inc., NVIDIA International Inc., NVIDIA International Technology LLC, NVIDIA Israel Technologies Ltd (fka NVIDIA Israel Ltd), NVIDIA Italy S.r.l., NVIDIA Ltd., NVIDIA New Zealand Limited, NVIDIA Poland sp.z o.o, NVIDIA Pty Limited, NVIDIA Saudi Limited, NVIDIA Semiconductor (Shenzhen) Co. Ltd., NVIDIA Semiconductor Holding Company, NVIDIA Semiconductor Shenzhen Holding Company, NVIDIA Semiconductor Technical Service (Shanghai) Co. Ltd., NVIDIA Semiconductor Technology (Beijing) Co. Ltd., NVIDIA Semiconductor Technology (Shanghai) Co. Ltd., NVIDIA Singapore Development Pte. Ltd., NVIDIA Singapore Pte Ltd, NVIDIA Switzerland AG, NVIDIA Technical Service (Beijing) Co. Ltd., NVIDIA Technology UK Limited, NVentures LLC, Oski Technology Hungary Korlátolt Felelősségű Társaság, Oski Technology Inc, Oski Technology Private Limited, PGI, Parabricks, PortalPlayer, RayScale, SwiftStack, SwiftStack Inc, TransGaming, ULi Electronics, VC Worldwide Ltd., iReady, and mental images.
Read More
This page (NASDAQ:NVDA) was last updated on 3/19/2024 by MarketBeat.com Staff

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