The Short-term Rise and Fall of NVIDIA Corp (NVDA) Stock

NVIDIA Corp [NVDA] stock is trading at $139.67, up 3.69%. 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 5.81% over the last week, with a monthly amount drifted -4.77%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

NVIDIA Corp [NASDAQ: NVDA] stock has seen the most recent analyst activity on November 21, 2024, when Wells Fargo reiterated its Overweight rating and also boosted its price target to $185 from $165. Previously, Truist reaffirmed its Buy rating on November 21, 2024, and elevated its price target to $169. On November 21, 2024, The Benchmark Company reiterated its Buy rating and revised its price target to $190 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $175 on November 21, 2024. Robert W. Baird reiterated its recommendation of a Outperform and raised its price target to $190 on November 21, 2024. Needham reiterated a Buy rating for this stock on November 21, 2024, and upped its price target to $160. In a note dated November 21, 2024, JP Morgan reiterated an Overweight rating on this stock and boosted its target price from $155 to $170.

NVIDIA Corp [NVDA] stock has fluctuated between $47.32 and $152.89 over the past year. Currently, Wall Street analysts expect the stock to reach $168.88 within the next 12 months. NVIDIA Corp [NASDAQ: NVDA] shares were valued at $139.67 at the most recent close of the market. An investor can expect a potential return of 20.91% based on the average NVDA price forecast.

Analyzing the NVDA fundamentals

NVIDIA Corp [NASDAQ:NVDA] reported sales of 113.27B for the trailing twelve months, which represents a growth of 93.61%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.63%, Pretax Profit Margin comes in at 0.64%, and Net Profit Margin reading is 0.56%. To continue investigating profitability, this company’s Return on Assets is posted at 0.66, Equity is 1.17 and Total Capital is 0.89. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.

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 136.60 points at the first support level, and at 133.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 141.27, and for the 2nd resistance point, it is at 142.86.

Ratios To Look Out For

For context, NVIDIA Corp’s Current Ratio is 4.10. In addition, the Quick Ratio stands at 3.64 and the Cash Ratio stands at 0.55. Considering the valuation of this stock, the price to sales ratio is 31.13, the price to book ratio is 51.94 and price to earnings (TTM) ratio is 55.02.

Transactions by insiders

Recent insider trading involved COXE TENCH, Director, that happened on Dec 16 ’24 when 1.0 million shares were sold. Director, COXE TENCH completed a deal on Dec 16 ’24 to buy 1.0 million shares. Meanwhile, EVP & Chief Financial Officer Kress Colette sold 66670.0 shares on Dec 13 ’24.

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