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NVIDIA (NVDA) Stock Price, News & Analysis

NVIDIA logo
$145.89 -1.12 (-0.76%)
(As of 11/20/2024 ET)

About NVIDIA Stock (NASDAQ:NVDA)

Key Stats

Today's Range
$142.73
$147.38
50-Day Range
$113.37
$148.88
52-Week Range
$45.01
$149.77
Volume
306.02 million shs
Average Volume
397.59 million shs
Market Capitalization
$3.58 trillion
P/E Ratio
68.43
Dividend Yield
0.03%
Price Target
$154.63
Consensus Rating
Moderate Buy

Company Overview

NVIDIA Corporation ranks among the world’s leading microchip manufacturers and is best known for its contributions in the fields of graphics and gaming. Its chips and related software power the fastest, highest-resolution graphics and are featured in a line of products that include solutions for all end-market uses. Along with gaming, NVIDIA microchips are used in visualization, datacenter, AI, and autonomous vehicles just to name a few.

NVIDIA was founded in 1993 by three friends and is headquartered in Santa Clara, California. The company was intended to focus on chips for the budding gaming and entertainment industry that was spawned by the rise of the personal computer and the Internet. At the time of its founding, there were less than 30 graphics-focused independent operators and that figure would more than double over the next few years.

NVIDIA launched its first product in 1995 called the NV1 and paved the way for 3-D games like Sega’s Virtual Fighter. The next big break came in 1996 with the launch of Microsoft DirectX Drivers which changed how Windows interfaced with games. The next year, in 1997, the company will release the world’s first 128-bit 3-D processor. It quickly gains acceptance gaming OEMs and more than 1 million units are shipped the first four months. Later, in 199, the company will invet the GPU and change the world of computing forever. The GPU will not only enhance the graphics capabilities of the PC but lead to accelerated-computing and AI as well. NVIDIA also held its IPO that same year.

Founders Jensen Huang and Chris Malachowsky are still in leadership positions. Mr. Huang has served as the company’s CEO, president, and board member since the company’s founding. Mr. Malachowsky serves as a member of the company’s executive staff and is a senior technology executive.

Today, NVIDIA Corporation is the only remaining independently operating graphics-focused microchip company in operation. The company’s business has evolved from the core gaming-oriented business to include graphics-oriented computing, and networking solutions in the United States, Taiwan, China, and internationally but gaming is still a pillar of the business.

NVIDIA’s Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and software solutions for gaming platforms.  The company also offers the Quadro/NVIDIA RTX GPUs for enterprise-level workstation graphics, the vGPU software for cloud-based visual and virtual computing, and entertainment platforms for OEM auto manufacturers, and Omniverse software for 3-D world-building.

NVIDIA’s Compute & Networking segment provides a wide range of solutions for interconnect, AI/autonomous driving, cryptocurrency mining, robotics, Data Center platforms and accelerated computing. Products include Mellanox for networking and interconnect, Jetson for robotics and embedded applications, and AI Enterprise software among others.

NVIDIA Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
96th Percentile Overall Score

NVDA MarketRank™: 

NVIDIA scored higher than 96% of companies evaluated by MarketBeat, and ranked 56th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    NVIDIA has received a consensus rating of Moderate Buy. The company's average rating score is 2.95, and is based on 38 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    NVIDIA has been the subject of 31 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about NVIDIA's stock forecast and price target.
  • Earnings Growth

    Earnings for NVIDIA are expected to grow by 36.33% in the coming year, from $2.67 to $3.64 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NVIDIA is 68.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of NVIDIA is 68.43, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 258.40.

  • Price to Earnings Growth Ratio

    NVIDIA has a PEG Ratio of 1.49. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    NVIDIA has a P/B Ratio of 84.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.00% of the outstanding shares of NVIDIA have been sold short.
  • Short Interest Ratio / Days to Cover

    NVIDIA has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NVIDIA has recently decreased by 3.69%, indicating that investor sentiment is improving.
  • Dividend Yield

    NVIDIA has a dividend yield of 0.03%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    NVIDIA does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of NVIDIA is 1.88%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, NVIDIA will have a dividend payout ratio of 1.10% next year. This indicates that NVIDIA will be able to sustain or increase its dividend.

  • Read more about NVIDIA's dividend.
  • Percentage of Shares Shorted

    1.00% of the outstanding shares of NVIDIA have been sold short.
  • Short Interest Ratio / Days to Cover

    NVIDIA has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in NVIDIA has recently decreased by 3.69%, indicating that investor sentiment is improving.
  • News Sentiment

    NVIDIA has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 324 news articles for NVIDIA this week, compared to 140 articles on an average week.
  • Search Interest

    906 people have searched for NVDA on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.
  • MarketBeat Follows

    607 people have added NVIDIA to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, NVIDIA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $254,784,327.00 in company stock.

  • Percentage Held by Insiders

    Only 4.23% of the stock of NVIDIA is held by insiders.

  • Percentage Held by Institutions

    65.27% of the stock of NVIDIA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about NVIDIA's insider trading history.
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NVDA Stock News Headlines

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Is Monolithic Power Systems a Screaming Buy After Near 40% Drop?
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Monolithic Power Systems is a chip stock that may have just gone on sale. The near 40% stock price drop has not been meet with equal sentiment on Wall Street.
Flutter Entertainment Can Be a Blue-Chip Sports Betting Stock
Flutter Entertainment Can Be a Blue-Chip Sports Betting Stock (NVDA)
Flutter Entertainment is trading at an all-time high; it's not a blue-chip stock yet, but has several characteristics that long-term investors look for
See More Headlines

NVDA Stock Analysis - Frequently Asked Questions

NVIDIA's stock was trading at $49.5220 at the start of the year. Since then, NVDA stock has increased by 194.6% and is now trading at $145.89.
View the best growth stocks for 2024 here
.

NVIDIA Co. (NASDAQ:NVDA) released its quarterly earnings data on Wednesday, November, 20th. The computer hardware maker reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.12. The firm's revenue was up 93.6% compared to the same quarter last year.

NVIDIA shares split before market open on Monday, June 10th 2024. The 10-1 split was announced on Monday, June 10th 2024. The newly minted shares were distributed to shareholders after the closing bell on Monday, June 10th 2024. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split.

NVIDIA's board authorized a stock buyback program on Wednesday, August 28th 2024, which allows the company to buy back $50,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 1.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

The following companies are subsidiaries of NVIDIA: Excelero Storage, Bright Computing, DeepMap, Arm Holdings, Cumulus Networks, SwiftStack, Parabricks, and others.

NVIDIA's top institutional shareholders include FMR LLC (4.07%), State Street Corp (3.86%), Geode Capital Management LLC (2.23%) and Jane Street Group LLC. Insiders that own company stock include Jen Hsun Huang, Mark A Stevens, Harvey C Jones, Tench Coxe, Colette Kress, Ajay K Puri, Corp Nvidia, Debora Shoquist, Mark L Perry, Dawn E Hudson, Donald F Robertson Jr and John Dabiri.
View institutional ownership trends
.

Shares of NVDA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that NVIDIA investors own include JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Verizon Communications (VZ), Meta Platforms (META), Vanguard Short-Term Inflation-Protected Securities ETF (VTIP), Pembina Pipeline (PBA) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 10/3 Dividend
9/12/2024
Dividend Payable
10/03/2024
Today
11/20/2024
Last Earnings
11/20/2024
Next Earnings (Confirmed)
11/20/2024
Dividend Payable
12/27/2024
Fiscal Year End
1/31/2025
Ex-Dividend for 12/27 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:NVDA
Previous Symbol
NASDAQ:NVDA
CUSIP
67066G10
Employees
29,600
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$154.63
High Stock Price Target
$200.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+6.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.95
Research Coverage
44 Analysts

Profitability

Net Income
$29.76 billion
Pretax Margin
63.47%

Debt

Sales & Book Value

Annual Sales
$96.31 billion
Cash Flow
$1.27 per share
Book Value
$1.72 per share

Miscellaneous

Outstanding Shares
24,530,000,000
Free Float
23,492,381,000
Market Cap
$3.58 trillion
Optionable
Optionable
Beta
1.66

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This page (NASDAQ:NVDA) was last updated on 11/21/2024 by MarketBeat.com Staff
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