NVIDIA Corp [NVDA] stock prices are up 3.43% to $149.43 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NVDA shares have gain 9.07% over the last week, with a monthly amount glided 2.96%, and seem to be holding up well over a long-time horizon.
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.
The stock price of NVIDIA Corp [NVDA] has been fluctuating between $47.51 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 $149.43 at the most recent close of the market. An investor can expect a potential return of 13.02% based on the average NVDA price forecast.
Analyzing the NVDA fundamentals
The NVIDIA Corp [NASDAQ:NVDA] reported sales of 113.27B for trailing twelve months, representing a surge 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 147.45 points at the first support level, and at 145.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 151.78, and for the 2nd resistance point, it is at 154.14.
Ratios To Look Out For
It’s worth pointing out that NVIDIA Corp [NASDAQ:NVDA]’s Current Ratio is 4.10. Also, the Quick Ratio is 3.64, while the Cash Ratio stands at 0.55. Considering the valuation of this stock, the price to sales ratio is 33.75, the price to book ratio is 55.57 and price to earnings (TTM) ratio is 58.86.
Transactions by insiders
Recent insider trading involved Puri Ajay K, Officer, that happened on Jan 06 ’25 when 0.2 million shares were purchased. Director, COXE TENCH completed a deal on Dec 16 ’24 to sell 1.0 million shares. Meanwhile, Director COXE TENCH bought 1.0 million shares on Dec 16 ’24.
