Free Trial

NVIDIA (NVDA) Stock Price, News & Analysis

$128.50
+1.25 (+0.98%)
(As of 08/21/2024 ET)
Today's Range
$126.66
$129.35
50-Day Range
$98.91
$135.58
52-Week Range
$39.23
$140.76
Volume
257.00 million shs
Average Volume
447.45 million shs
Market Capitalization
$3.16 trillion
P/E Ratio
75.15
Dividend Yield
0.03%
Price Target
$131.55

NVIDIA MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.93 Rating Score
Upside/​Downside
2.4% Upside
$131.55 Price Target
Short Interest
Healthy
1.12% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.26
Upright™ Environmental Score
News Sentiment
0.28mentions of NVIDIA in the last 14 days
Based on 113 Articles This Week
Insider Trading
Selling Shares
$631.99 M Sold Last Quarter
Proj. Earnings Growth
25.69%
From $2.53 to $3.18 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.

4.60 out of 5 stars

Computer And Technology Sector

82nd out of 594 stocks

Semiconductors & Related Devices Industry

18th 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

AMD stock price outlook
Is AMD Closing the Gap with NVIDIA After Its Recent Acquisition?
Advanced Micro Devices recently announced they are acquiring ZT Systems to help them compete in the data center market against Nvidia.
Lam Research company logo displayed on mobile phone screen
Is Lam Research the Semiconductor Stock You’ve Been Overlooking? (NVDA)
LAM Research is a key contributor to the semiconductor industry value chain. In faces several tailwinds and headwinds that investors should be aware of.
Secure this "AI Fuel" Stock Before the Billionaires Buy It All
According to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.
Palantir Technologies logo is displayed on a smartphone screen
3 High P/E Stocks That Are Still Worth Buying Right Now (NVDA)
Many investors are told to avoid stocks with high P/E ratios; however, these three stocks give long-term investors reasons to buy them anyway
Financial markets news icon
MarketBeat Week in Review – 8/12 - 8/16 (NVDA)
The melt-up continued this week after benign inflation readings and a surprise jump in retail sales calmed recession fears and elevated hopes for a rate cut
Jeff Brown Exegesis AI stocks
Jeff Brown's Exegesis AI Stock Picks (NVDA)
Exegesis AI, as introduced by Jeff Brown, represents a transformative leap in AI, moving beyond "Narrow AI" toward more autonomous, human-like intelligence.
Nvidia logo quadro semiconductor
Is NVIDIA Stock a Buy Ahead of Earnings?
NVIDIA is still down from its highs and may retest support before it sets another all-time high but new all-time highs are likely before the year's end.
Simon Property Group World Headquarters. SPG is a Commercial Real Estate Investment Trust (REIT) III
Top 3 Dividend-Paying Stocks for Stability in Volatile Markets
Three stocks have taken advantage of recent dips in the broader market to boost their dividend payouts to investors, Wall Street analysts now reiterate upside
Secure this "AI Fuel" Stock Before the Billionaires Buy It All
According to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.
Google sign on the wall behind the reception desk at the Google headquarters in Silicon Valley
Market Turbulence: Time to Snap Up Magnificent Seven Stocks? (NVDA)
Recent market turbulence has left many investors questioning whether now is the time to invest in some of the stock market's most prominent names.
micron logo sign on building
Micron Stock Just Got Its Most Bullish Update Of The Year (NVDA)
Considering there was blood on the streets last week, and the stock is only just starting to show a potential bottom, this was a brave call to make.
Should You Buy Nvidia Stock Before Aug. 28?
See More Headlines
Receive NVDA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for NVIDIA and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/22/2024
Ex-Dividend for 6/4 Dividend
5/29/2024
Dividend Payable
6/04/2024
Ex-Dividend for 6/28 Dividend
6/11/2024
Dividend Payable
6/28/2024
Today
8/21/2024
Next Earnings (Confirmed)
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
$131.55
High Stock Price Target
$200.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+2.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.93
Research Coverage
44 Analysts

Profitability

Net Income
$29.76 billion
Pretax Margin
61.28%

Debt

Sales & Book Value

Annual Sales
$79.77 billion
Cash Flow
$1.46 per share
Book Value
$1.72 per share

Miscellaneous

Outstanding Shares
24,598,342,000
Free Float
23,557,832,000
Market Cap
$3.16 trillion
Optionable
Optionable
Beta
1.68

Social Links

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Should I Buy NVIDIA Stock? NVDA Pros and Cons Explained

Pros

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

  • NVIDIA's stock price has been steadily increasing, showing strong growth potential.
  • NVIDIA's consistent dividend payouts and increasing dividend yield provide additional income for investors.
  • NVIDIA's dominance in the graphics and compute industry, especially with its latest products, ensures a competitive edge.
  • The company's strategic partnerships and acquisitions enhance its market position and drive further growth.
  • NVIDIA's positive ratings from Wall Street analysts and high target prices indicate strong confidence in the company's future performance.

Cons

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

  • Market volatility and potential economic downturns could impact NVIDIA's stock price and financial performance.
  • Competition in the semiconductor industry is intense, leading to pricing pressures and potential market share challenges for NVIDIA.
  • Regulatory changes or geopolitical tensions may affect NVIDIA's international operations and revenue streams.
  • Technological advancements and rapid innovation in the industry could require significant R&D investments, impacting short-term profitability.
  • Dependency on key suppliers or partners for critical components may pose supply chain risks for NVIDIA's product development and delivery.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 15, 2024. Please send any questions or comments about these NVIDIA pros and cons to contact@marketbeat.com.

NVDA Stock Analysis - Frequently Asked Questions

How have NVDA shares performed this year?

NVIDIA's stock was trading at $49.5220 at the beginning of the year. Since then, NVDA stock has increased by 159.5% and is now trading at $128.50.
View the best growth stocks for 2024 here
.

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 $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.10. NVIDIA's revenue was up 262.1% compared to the same quarter last year.
Read the conference call transcript
.

When did NVIDIA's stock split?

NVIDIA shares split on Monday, June 10th 2024. The 10-1 split was announced on Monday, June 10th 2024. The newly minted shares were 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 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.

Does NVIDIA have any subsidiaries?

The following companies are subsidiaries of NVIDIA: Excelero Storage, Bright Computing, DeepMap, Arm Holdings, Cumulus Networks, SwiftStack, Parabricks, and others.

Who are NVIDIA's major shareholders?

Top institutional shareholders of NVIDIA include Austin Private Wealth LLC, Legal & General Group Plc (0.87%), Bank of New York Mellon Corp (0.74%) and Susquehanna International Group LLP. Insiders that own company stock include Jen Hsun Huang, Mark A Stevens, Harvey C Jones, Colette Kress, Ajay K Puri, Tench Coxe, Corp Nvidia, Debora Shoquist, Mark L Perry, Dawn E Hudson, Donald F Robertson Jr, John Dabiri, Robert K Burgess, Robert K Burgess and Persis Drell.
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.

What other stocks do shareholders of NVIDIA own?

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

This page (NASDAQ:NVDA) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners