NVIDIA Corporation (NVDA)
NASDAQ: NVDA · IEX Real-Time Price · USD
762.00
-84.71 (-10.00%)
At close: Apr 19, 2024, 4:00 PM
759.64
-2.36 (-0.31%)
After-hours: Apr 19, 2024, 7:59 PM EDT
Stock Price Forecast
The 41 analysts with 12-month price forecasts for NVIDIA stock have an average target of 916.76, with a low estimate of 460 and a high estimate of 1,200. The average target predicts an increase of 20.31% from the current stock price of 762.00.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $460 | $916.76 | $985 | $1,200 |
| Change | -39.63% | +20.31% | +29.27% | +57.48% |
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 18 | 18 | 19 | 20 | 20 | 19 |
| Buy | 20 | 20 | 20 | 19 | 20 | 21 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 41 | 41 | 43 | 42 | 43 | 43 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $1,160 | Buy | Initiates | $1,160 | +52.23% | Apr 16, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $850 → $1,100 | Strong Buy | Maintains | $850 → $1,100 | +44.36% | Apr 11, 2024 |
| Keybanc | Keybanc | Buy Maintains $1,100 → $1,200 | Buy | Maintains | $1,100 → $1,200 | +57.48% | Apr 8, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $1,050 | Buy | Maintains | $1,050 | +37.80% | Apr 4, 2024 |
| UBS | UBS | Strong Buy Maintains $800 → $1,000 | Strong Buy | Maintains | $800 → $1,000 | +31.23% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
Increased by 84.70%
from 60.92B
Revenue Next Year
139.43B
from 112.52B
Increased by 23.91%
from 112.52B
EPS This Year
24.97
from 11.93
Increased by 109.31%
from 11.93
EPS Next Year
31.25
from 24.97
Increased by 25.14%
from 24.97
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.92B | 16.68B | 26.91B | 26.97B | 60.92B | 112.52B | 139.43B | 159.19B | 141.02B | 158.72B |
| Revenue Growth | -6.81% | 52.73% | 61.40% | 0.22% | 125.85% | 84.70% | 23.91% | 14.17% | -11.41% | 12.55% |
| EPS | 1.13 | 1.73 | 3.85 | 1.74 | 11.93 | 24.97 | 31.25 | 35.77 | 32.05 | 34.86 |
| EPS Growth | -31.80% | 53.10% | 122.54% | -54.81% | 585.63% | 109.31% | 25.14% | 14.47% | -10.39% | 8.77% |
| No. Analysts | - | - | - | - | - | 55 | 52 | 22 | 5 | 4 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 139.0B | 208.6B | 201.4B | 155.5B | 186.3B |
| Avg | 112.5B | 139.4B | 159.2B | 141.0B | 158.7B |
| Low | 92.2B | 109.1B | 128.3B | 119.0B | 131.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 128.2% | 85.4% | 44.4% | -2.3% | 32.1% |
| Avg | 84.7% | 23.9% | 14.2% | -11.4% | 12.5% |
| Low | 51.4% | -3.0% | -7.9% | -25.3% | -7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.50 | 48.69 | 47.25 | 36.75 | 42.49 |
| Avg | 24.97 | 31.25 | 35.77 | 32.05 | 34.86 |
| Low | 19.04 | 23.04 | 27.85 | 25.13 | 27.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 164.0% | 95.0% | 51.2% | 2.7% | 32.6% |
| Avg | 109.3% | 25.1% | 14.5% | -10.4% | 8.8% |
| Low | 59.6% | -7.7% | -10.9% | -29.8% | -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.
