NVIDIA Corp (NASDAQ:NVDA) traded at $108.29 at last check on current trade day and made an upward move of 1.22% on its previous day’s price.
NVIDIA Corp has a market cap of $2642.28 billion and is expected to release its quarterly earnings report in April. With its Forward Dividend at 0.03 and a yield of 0.03%, the company’s investors could be anxious for the NVDA stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 43.36B, with a low of 42.26B and a high of 46.89B. The median projection represents growth squeezing down to 66.50% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 203.98B, or 56.31% up from figures reported last year.
On the other hand, looking at the outlook for the NVDA stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of Hold.
Based on estimates by 47 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 4 have rated the NVIDIA Corp (NVDA) stock as a Hold, while 40 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 2 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the NVDA stock currently stands at 1.26, and the most recent price level today is -13.73% off its SMA20 and -17.03% from its 50-day simple moving average. The RSI (14) is pointing at 35.77 while the volatility over the past week is 5.57% and jumps to 5.18% over the past one month. The beta value is 1.96, while the average true range (ATR) is currently pointing at 6.95. The average price target for the stock over the next 12 months is $175, with the estimates having a low of $140 and a high of $250. These price ends are -29.28% and -130.86% off the today’s price level respectively, although investors could be excited at the prospect of a -61.6% if the NVDA share price touches on the median price of $175.
