Wall Street analysts’ outlook for NVIDIA Corp (NVDA)

With 45.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 53.75 million shares. The 52-week range on NVDA shows that it touched its highest point at $974.00 and its lowest point at $262.20 during that stretch. It currently has a 1-year price target of $968.14. With its current market cap of 2259.08 billion, NVDA has annualized dividend of $0.16 while the current yield stands at 0.02%. Beta for the stock currently stands at 1.73.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NVDA was down-trending over the past week, with a drop of -4.16%, but this was up by 14.22% over a month. Three-month performance surged to 82.47% while six-month performance rose 109.71%. The stock gained 234.88% in the past year, while it has gained 82.47% so far this year. A look at the trailing 12-month EPS for NVDA yields 11.94 with Next year EPS estimates of 29.88. For the next quarter, that number is 5.55. This implies an EPS growth rate of 93.48% for this year and 19.16% for next year. EPS is expected to grow by 37.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 48.41%.

Float and Shares Shorts:

At present, 2.46 billion NVDA shares are outstanding with a float of 2.40 billion shares on hand for trading. On Mar 15, 2024, short shares totaled 30.32 million, which was 1.21% higher than short shares on Feb 15, 2024. In addition to Mr. Jen-Hsun Huang as the firm’s Co-Founder, CEO, President & Director, Ms. Colette M. Kress serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 68.03% of NVDA’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NVDA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, NVDA has a current ratio of $0.16, which is $0.16 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and NVDA currently yields $0.02. In the past year, NVDA’s dividend yield has been $0.02, but when looking at the stock over the past five years, its yield has been $0.08. Accordingly, NVDA has a current buyback yield of $0.42. This was $0.42 for the TTM, and it was $– for the past five years.