Should I buy or sell NVIDIA stock right now?

37 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NVIDIA in the last year. There are currently 1 sell rating, 2 hold ratings, 33 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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?

37 equities research analysts have issued 12-month price targets for NVIDIA's shares. Their NVDA share price targets range from $195.00 to $780.00. On average, they anticipate the company's stock price to reach $598.08 in the next year. This suggests a possible upside of 20.8% from the stock's current price. View analysts price targets for NVDA or view top-rated stocks among Wall Street analysts .

How have NVDA shares performed in 2023?

NVIDIA's stock was trading at $146.14 at the start of the year. Since then, NVDA stock has increased by 238.9% and is now trading at $495.22. View the best growth stocks for 2023 here .

When is NVIDIA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our NVDA earnings forecast .

How were NVIDIA's earnings last quarter?

NVIDIA Co. (NASDAQ:NVDA) issued its quarterly earnings data on Tuesday, November, 21st. The computer hardware maker reported $4.02 EPS for the quarter, beating analysts' consensus estimates of $3.03 by $0.99. The computer hardware maker earned $18.12 billion during the quarter, compared to analyst estimates of $16.19 billion. NVIDIA had a trailing twelve-month return on equity of 72.28% and a net margin of 42.10%. The business's quarterly revenue was up 205.5% on a year-over-year basis. During the same period last year, the firm earned $0.34 EPS. Read the conference call transcript .

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

NVIDIA declared a quarterly dividend on Tuesday, November 21st. Stockholders of record on Wednesday, December 6th will be paid a dividend of $0.04 per share on Thursday, December 28th. This represents a $0.16 annualized dividend and a yield of 0.03%. The ex-dividend date is Tuesday, December 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 0.03%. The dividend payout ratio is 2.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NVDA will have a dividend payout ratio of 0.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NVDA .

What ETFs hold NVIDIA's stock?

ETFs with the largest weight of NVIDIA (NASDAQ:NVDA) stock in their portfolio include ProShares Ultra Semiconductors (USD) , VanEck Semiconductor ETF (SMH) , AXS Esoterica NextG Economy ETF (WUGI) , Simplify Volt TSLA Revolution ETF (VCAR) , Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) , Pacer Data and Digital Revolution ETF (TRFK) , Roundhill Ball Metaverse ETF (METV) and Strive U.S. Semiconductor ETF (SHOC) .

When did NVIDIA's stock split?

Shares of NVIDIA split before market open on Tuesday, July 20th 2021. The 4-1 split was announced on Tuesday, July 20th 2021. The newly issued 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 fourth quarter 2024 earnings guidance on Monday, December, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $18.0 billion-$20.0 billion, compared to the consensus revenue estimate of $16.4 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) .

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

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NASDAQ:NVDA

NVIDIA (NVDA) Stock Price, News & Analysis

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$495.22

0.00 (0.00%)

(As of 12/29/2023 ET)

Compare

Today's Range: $487.51
▼
$499.97
50-Day Range: $403.26
▼
$504.09
52-Week Range: $140.34
▼
$505.48

Volume: 38.93 million shs
Average Volume: 35.11 million shs
Market Capitalization: $1.22 trillion

P/E Ratio: 65.33
Dividend Yield: 0.03%
Price Target: $598.08

NVIDIA MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.92 Rating Score
Upside/Downside: 20.8% Upside
$598.08 Price Target
Short Interest: Healthy
1.04% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.26
Upright™ Environmental Score
News Sentiment: 0.72
Based on 55 Articles This Week
Insider Trading: Selling Shares
$37.71 M Sold Last Quarter
Proj. Earnings Growth: 65.64%
From $11.06 to $18.32 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.94 out of 5 stars

Computer And Technology Sector

20th out of 589 stocks

Semiconductors & Related Devices Industry

5th out of 83 stocks

3.5

Analyst's Opinion

Consensus Rating
NVIDIA has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 33 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $598.08, NVIDIA has a forecasted upside of 20.8% from its current price of $495.22.
Amount of Analyst Coverage
NVIDIA has been the subject of 22 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.04% of the outstanding shares of NVIDIA have been sold short.
Short Interest Ratio / Days to Cover
NVIDIA has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NVIDIA has recently increased by 2.97%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
NVIDIA has a dividend yield of 0.03%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
NVIDIA does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of NVIDIA is 2.11%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, NVIDIA will have a dividend payout ratio of 0.87% next year. This indicates that NVIDIA will be able to sustain or increase its dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
NVIDIA has received a 28.13% net impact score from Upright. Nvidia seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "IoT software", "Supercomputing services", and "Supercomputers" products. See details.
Environmental Sustainability
The Environmental Impact score for NVIDIA is -1.26.

2.6

News and Social Media Coverage

News Sentiment
NVIDIA has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 55 news articles for NVIDIA this week, compared to 47 articles on an average week.
Search Interest
Only 563 people have searched for NVDA on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
379 people have added NVIDIA to their MarketBeat watchlist in the last 30 days. This is an increase of 36% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NVIDIA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $37,710,302.00 in company stock.
Percentage Held by Insiders
Only 3.99% of the stock of NVIDIA is held by insiders.
Percentage Held by Institutions
64.79% of the stock of NVIDIA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for NVIDIA are expected to grow by 65.64% in the coming year, from $11.06 to $18.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NVIDIA is 65.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of NVIDIA is 65.33, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 208.89.
Price to Earnings Growth Ratio
NVIDIA has a PEG Ratio of 3.32. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
NVIDIA has a P/B Ratio of 36.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

NVDA Stock News Headlines

December 29, 2023 | marketbeat.com

Synopsys stock: Unsung hero of the AI revolution (NVDA)

Synopsis, the leading provider of electronic design automation software, is up more than 60% in 2023 as customers AMD, Nvidia and Intel expand AI capabilities.

December 29, 2023 | marketbeat.com

Apple stock is institutional favorite, but is it overvalued? (NVDA)

Despite a strong performance in 2023, the company's revenue and earnings growth are slowing. Should investors keep holding, or is the stock overvalued?

December 31, 2023 | Weiss Ratings (Ad)

The Next Nvidia?

Almost every investor has heard of Nvidia. The AI chipmaker became the 7th trillion-dollar company in history. Up 233% this year alone... 9,624% over the last decade. The exciting thing about investing in AI: Nvidia was just the beginning. Over the next few months, I expect a new wave of AI stocks to take the lead. Some could soar even higher than Nvidia.

December 28, 2023 | marketbeat.com

What to expect from the Q1 earnings reporting cycle (NVDA)

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December 27, 2023 | marketbeat.com

The most upgraded stocks from 2023: buy, sell or hold? (NVDA)

The most upgraded stocks in 2023 had solid years with at least a 55% upside; most increased more than 100%, and another year of gains is forecast for 2024.

December 26, 2023 | marketbeat.com

Is C3.ai more sizzle than substance? (NVDA)

The year 2023 will be remembered as the tipping point for artificial intelligence (AI) in the computer and technology sector. It was the year AI went mainstream

December 26, 2023 | marketbeat.com

Intel ups the ante in the AI chip arena against Nvidia (NVDA)

While the artificial intelligence (AI) computing market has been dominated by Nvidia Co. (NASDAQ: NVDA), new challengers are invading their turf with their own

December 22, 2023 | marketbeat.com

What is the 'Magnificent Seven' and how to gain exposure? (NVDA)

The 'Magnificent Seven' stocks spearhead tech's surge with pioneering AI and innovations, revolutionizing industries and driving market growth.

December 31, 2023 | Goldco (Ad)

Warren Buffett: Stark Warning On Inflation

According to a recent letter to Berkshire Hathaway shareholders, “Billionaire Investment Guru Warren Buffett issues stark inflation warning”. The new numbers have shown a comeback for inflation, surging to its highest levels in six months, and it’s now looking like there’s little chance our policy makers can put this cat back in the bag. That’s why it’s critical you heed Warren’s Buffett’s advice and “brace yourself”, before it’s too late. Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late!

December 22, 2023 | marketbeat.com

What should your portfolio look like in 2024? (NVDA)

Heading into 2024, declining interest rates are among factors that may send techs higher, though analysts cite the importance of broad diversification.

December 21, 2023 | marketbeat.com

Finding new technology to invest in: A guide (NVDA)

Finding new technology to invest in may be a smart investment for your portfolio. Learn more about how to invest and some companies to consider.

December 19, 2023 | marketbeat.com

Top semiconductor stocks for 2024 that aren’t NVIDIA (NVDA)

NVIDIA stands to lose market share to up-and-comers like Advanced Micro Devices and Intel which are launching powerful AI chips in 2024

December 30, 2023 | fool.com

Nvidia Stock Has This Under-the-Radar Artificial Intelligence (AI) Growth Strategy for 2024

December 30, 2023 | americanbankingnews.com

NVIDIA Co. (NASDAQ:NVDA) to Post Q1 2025 Earnings of $3.65 Per Share, Zacks Research Forecasts

December 30, 2023 | americanbankingnews.com

Q1 2025 EPS Estimates for NVIDIA Co. Lifted by Zacks Research (NASDAQ:NVDA)

December 29, 2023 | msn.com

Nvidia Stock Approaches Buy Point As It Caps Amazing Year

December 29, 2023 | bizjournals.com

Nvidia launches redesigned gaming chip to satisfy US regulations

December 29, 2023 | msn.com

Nvidia Introduces Slower Gaming Chip in China To Comply with New US Export Rules