NVIDIA Corp [NVDA] stock prices are down -0.12% to $139.23 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NVDA shares have gain 4.84% over the last week, with a monthly amount glided 1.10%, 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 $66.25 and $153.13 over the past year. Currently, Wall Street analysts expect the stock to reach $172.88 within the next 12 months. NVIDIA Corp [NASDAQ: NVDA] shares were valued at $139.23 at the most recent close of the market. An investor can expect a potential return of 24.17% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.
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 137.18 points at the first support level, and at 135.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 141.32, and for the 2nd resistance point, it is at 143.41.
Ratios To Look Out For
It’s worth pointing out that NVIDIA Corp [NASDAQ:NVDA]’s Current Ratio is 4.10. As well, the Quick Ratio is 3.64, while the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 30.10, the price to book ratio is 51.78 and price to earnings (TTM) ratio is 54.84.
Transactions by insiders
Recent insider trading involved Puri Ajay K, EVP, Worldwide Field Ops, that happened on Jan 06 ’25 when 36462.0 shares were sold. EVP, Worldwide Field Ops, Puri Ajay K completed a deal on Jan 07 ’25 to sell 233.0 shares. Meanwhile, Officer Puri Ajay K bought 0.2 million shares on Jan 06 ’25.
