NVIDIA Corporation (NVDA)
NASDAQ: NVDA · IEX Real-Time Price · USD
889.64
-4.88 (-0.55%)
At close: Apr 3, 2024, 4:00 PM
891.40
+1.76 (0.20%)
After-hours: Apr 3, 2024, 7:14 PM EDT
Stock Price Forecast
The 41 analysts with 12-month price forecasts for NVIDIA stock have an average target of 891.15, with a low estimate of 460 and a high estimate of 1,200. The average target predicts an increase of 0.17% from the current stock price of 889.64.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $460 | $891.15 | $950 | $1,200 |
| Change | -48.29% | +0.17% | +6.78% | +34.89% |
Analyst Ratings
The average analyst rating for NVIDIA stock from 43 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 18 | 18 | 18 | 19 | 20 | 20 |
| Buy | 20 | 20 | 20 | 20 | 19 | 20 |
| Hold | 1 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 40 | 41 | 41 | 43 | 42 | 43 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $800 → $1,000 | Strong Buy | Maintains | $800 → $1,000 | +12.41% | Mar 22, 2024 |
| TD Cowen | TD Cowen | Buy Maintains $900 → $1,100 | Buy | Maintains | $900 → $1,100 | +23.65% | Mar 21, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $850 → $950 | Strong Buy | Maintains | $850 → $950 | +6.78% | Mar 20, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $910 | Strong Buy | Reiterates | $910 | +2.29% | Mar 20, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $720 → $850 | Hold | Maintains | $720 → $850 | -4.46% | Mar 20, 2024 |
Financial Forecast
Revenue This Year
Increased by 83.60%
from 60.92B
Revenue Next Year
136.09B
from 111.85B
Increased by 21.67%
from 111.85B
EPS This Year
24.92
from 11.93
Increased by 108.85%
from 11.93
EPS Next Year
30.41
from 24.92
Increased by 22.03%
from 24.92
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.92B | 16.68B | 26.91B | 26.97B | 60.92B | 111.85B | 136.09B | 149.26B | 141.02B | 158.72B |
| Revenue Growth | -6.81% | 52.73% | 61.40% | 0.22% | 125.85% | 83.60% | 21.67% | 9.68% | -5.52% | 12.55% |
| EPS | 1.13 | 1.73 | 3.85 | 1.74 | 11.93 | 24.92 | 30.41 | 33.95 | 32.05 | 34.86 |
| EPS Growth | -31.80% | 53.10% | 122.54% | -54.81% | 585.63% | 108.85% | 22.03% | 11.67% | -5.60% | 8.77% |
| No. Analysts | - | - | - | - | - | 54 | 51 | 22 | 5 | 4 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 140.7B | 209.3B | 201.4B | 155.5B | 186.3B |
| Avg | 111.9B | 136.1B | 149.3B | 141.0B | 158.7B |
| Low | 100.6B | 105.3B | 113.5B | 119.0B | 131.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 131.0% | 87.1% | 48.0% | 4.2% | 32.1% |
| Avg | 83.6% | 21.7% | 9.7% | -5.5% | 12.5% |
| Low | 65.1% | -5.9% | -16.6% | -20.3% | -7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.50 | 43.97 | 47.25 | 36.75 | 42.49 |
| Avg | 24.92 | 30.41 | 33.95 | 32.05 | 34.86 |
| Low | 22.17 | 23.52 | 26.65 | 25.13 | 27.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 164.0% | 76.5% | 55.4% | 8.2% | 32.6% |
| Avg | 108.9% | 22.0% | 11.7% | -5.6% | 8.8% |
| Low | 85.8% | -5.6% | -12.4% | -26.0% | -14.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
