NVIDIA Corp [NVDA] stock prices are down -0.01% to $134.80 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NVDA shares have gain 7.91% over the last week, with a monthly amount glided 13.14%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
NVIDIA Corp [NASDAQ: NVDA] stock has seen the most recent analyst activity on October 11, 2024, when Goldman reiterated its Buy rating and also boosted its price target to $150 from $135. On August 29, 2024, Needham reiterated its Buy rating and revised its price target to $145 on the stock. Goldman reiterated its Buy rating but stick to its price target of $135 on August 19, 2024. New Street upgraded its rating to a Buy. TD Cowen reiterated a Buy rating for this stock on July 15, 2024, and upped its price target to $165. In a note dated July 12, 2024, The Benchmark Company reiterated an Buy rating on this stock and boosted its target price from $135 to $170.
The stock price of NVIDIA Corp [NVDA] has been fluctuating between $39.23 and $140.76 over the past year. Currently, Wall Street analysts expect the stock to reach $119.19 within the next 12 months. NVIDIA Corp [NASDAQ: NVDA] shares were valued at $134.80 at the most recent close of the market. An investor can expect a potential drop of -11.58% based on the average NVDA price forecast.
Analyzing the NVDA fundamentals
The NVIDIA Corp [NASDAQ:NVDA] reported sales of 96.31B for trailing twelve months, representing a surge of 122.40%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.62%, Pretax Profit Margin comes in at 0.63%, and Net Profit Margin reading is 0.55%. To continue investigating profitability, this company’s Return on Assets is posted at 0.62, Equity is 1.16 and Total Capital is 0.84. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 133.71 points at the first support level, and at 132.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 135.83, and for the 2nd resistance point, it is at 136.87.
Ratios To Look Out For
It’s worth pointing out that NVIDIA Corp [NASDAQ:NVDA]’s Current Ratio is 4.27. In addition, the Quick Ratio stands at 3.79 and the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 34.33, the price to book ratio is 56.93 and price to earnings (TTM) ratio is 63.29.
Transactions by insiders
Recent insider trading involved STEVENS MARK A, Director, that happened on Oct 09 ’24 when 0.15 million shares were sold. Director, STEVENS MARK A completed a deal on Oct 03 ’24 to sell 0.12 million shares. Meanwhile, Director STEVENS MARK A sold 40000.0 shares on Sep 27 ’24.
