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NVIDIA (NVDA) Stock Price, News & Analysis

$1,193.88
-16.10 (-1.33%)
(As of 12:19 PM ET)
Today's Range
$1,180.22
$1,198.40
50-Day Range
$762.00
$1,224.40
52-Week Range
$375.05
$1,255.87
Volume
18.12 million shs
Average Volume
49.88 million shs
Market Capitalization
$2.94 trillion
P/E Ratio
69.82
Dividend Yield
0.01%
Price Target
$1,130.20

NVIDIA MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.93 Rating Score
Upside/​Downside
4.8% Downside
$1,130.20 Price Target
Short Interest
Healthy
1.13% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.26
Upright™ Environmental Score
News Sentiment
0.63mentions of NVIDIA in the last 14 days
Based on 217 Articles This Week
Insider Trading
Selling Shares
$90.70 M Sold Last Quarter
Proj. Earnings Growth
20.30%
From $25.32 to $30.46 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.

4.63 out of 5 stars

Computer And Technology Sector

71st out of 576 stocks

Semiconductors & Related Devices Industry

11th out of 85 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

Nvidia's Stock Price, Upcoming Split and the AI Revolution
Nvidia NASDAQ: NVDA has become synonymous with the artificial intelligence revolution. Nvidia's stock price has surged over recent months, propelled by a multitude of factors.
Nvidia's Stock Price, Upcoming Split and the AI Revolution
NVIDIA’s dominance in the AI chip market, driven by rapid industry adoption, is fueling record revenue growth and a promising future for the company.
Semtech Stock’s Breakout Could Have Another Leg Higher (NVDA)
Semtech stock is beginning a new leg higher after breaking out of its previously tight range, and fundamentals remain to back the stock's perceived valuation
Tesla Stock is Under Pressure and at Risk of a Deep Implosion (NVDA)
Tesla is a highly-valued auto stock that faces a reckoning as tepid sales and increased spending weigh on the outlook; AI is the future for this company.
The Most Upgraded Stocks After the Q1 Earnings Season
The Q1 earnings reporting season is all but finished, with more than 98% of the reports issued. While the season unfolded largely as expected, the individual reports brought some unexpected strengths.
The Most Upgraded Stocks After the Q1 Earnings Season
This is a snapshot of the Most Upgraded Stocks coming out of the Q1 2024 earnings reporting season. NVIDIA is #1 but #2 and #3 may surprise you.
Best Buy Could Break Out of Its Channel Shortly (NVDA)
Best Buy is looking to break out of its tight channel on recent financial improvements, analysts boosted the stock's EPS projections and valuations
MarketBeat Week in Review – 5/27 - 5/31
Markets closed the week quietly after a sharp sell-off; however, the market is likely to remain volatile as several key economic reports are on deck
How High Could Nvidia's Stock Go This Year?
Ranking the States With the Most AI Businesses
Where Will Nvidia Stock Be in 10 Years?
2 Stocks That Can Help You Get Richer in 2024
See More Headlines
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Company Calendar

Last Earnings
5/22/2024
Ex-Dividend for 6/4 Dividend
5/29/2024
Dividend Payable
6/04/2024
Today
6/07/2024
Ex-Dividend for 6/28 Dividend
6/11/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
8/28/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$1,130.20
High Stock Price Target
$1,500.00
Low Stock Price Target
$475.00
Potential Upside/Downside
-5.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.93
Research Coverage
43 Analysts

Profitability

Net Income
$29.76 billion
Pretax Margin
61.28%

Debt

Sales & Book Value

Annual Sales
$60.92 billion
Cash Flow
$12.10 per share
Book Value
$19.98 per share

Miscellaneous

Outstanding Shares
2,460,000,000
Free Float
2,355,942,000
Market Cap
$2.94 trillion
Optionable
Optionable
Beta
1.70

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NVDA Stock Analysis - Frequently Asked Questions

Should I buy or sell NVIDIA stock right now?

43 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NVIDIA in the last year. There are currently 4 hold ratings, 38 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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?

43 Wall Street research analysts have issued 1-year target prices for NVIDIA's stock. Their NVDA share price targets range from $475.00 to $1,500.00. On average, they expect the company's stock price to reach $1,130.20 in the next year. This suggests that the stock has a possible downside of 4.8%.
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 139.8% and is now trading at $1,187.54.
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, August 28th 2024.
View our NVDA earnings forecast
.

How were NVIDIA's earnings last quarter?

NVIDIA Co. (NASDAQ:NVDA) posted its quarterly earnings data on Wednesday, May, 22nd. The computer hardware maker reported $6.12 earnings per share for the quarter, beating analysts' consensus estimates of $5.14 by $0.98. The computer hardware maker had revenue of $26.04 billion for the quarter, compared to analyst estimates of $24.59 billion. NVIDIA had a net margin of 53.40% and a trailing twelve-month return on equity of 110.60%. The business's revenue for the quarter was up 262.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.88 earnings per share.
Read the conference call transcript
.

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

NVIDIA declared a quarterly dividend on Wednesday, May 22nd. Shareholders of record on Tuesday, June 11th will be given a dividend of $0.10 per share on Friday, June 28th. This represents a $0.40 annualized dividend and a yield of 0.03%. The ex-dividend date is Tuesday, June 11th. This is an increase from the stock's previous quarterly dividend of $0.04.
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 0.01%. The dividend payout ratio is 0.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NVDA will have a dividend payout ratio of 0.53% 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?

Shares of NVIDIA split on Monday, June 10th 2024. The 10-1 split was announced on Monday, June 10th 2024. The newly minted shares will be issued to shareholders after the closing bell on Monday, June 10th 2024. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split.

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

NVIDIA updated its second quarter 2025 earnings guidance on Wednesday, May, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $27.4 billion-$28.6 billion, compared to the consensus revenue estimate of $26.7 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.53%), Price T Rowe Associates Inc. MD (1.85%), Bank of New York Mellon Corp (0.77%), Jane Street Group LLC (0.00%), GQG Partners LLC (0.53%) and Jennison Associates LLC (0.49%). Insiders that own company stock include A Brooke Seawell, 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.
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This page (NASDAQ:NVDA) was last updated on 6/7/2024 by MarketBeat.com Staff

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