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NVIDIA Corporation (NVDA)
NASDAQ: NVDA · IEX Real-Time Price · USD
946.30
+32.74 (3.58%)
At close: May 15, 2024, 4:00 PM
950.79
+4.49 (0.47%)
Pre-market: May 16, 2024, 5:35 AM EDT

NVIDIA Stock Forecast

Stock Price Forecast

The 41 analysts with 12-month price forecasts for NVIDIA stock have an average target of 947.98, with a low estimate of 460 and a high estimate of 1,350. The average target predicts an increase of 0.18% from the current stock price of 946.30.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $460 $947.98 $1000 $1,350
Change -51.39% +0.18% +5.67% +42.66%

Analyst Ratings

The average analyst rating for NVIDIA stock from 42 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 Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 181920201819
Buy 202019202120
Hold 233333
Sell 000000
Strong Sell 110000
Total 414342434242

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Aaron Rakers
Wells Fargo
 Wells Fargo
Buy
Maintains
$970 → $1,150
 Buy Maintains $970 → $1,150 +21.53% May 14, 2024
Blayne Curtis
Jefferies
 Jefferies
Strong Buy
Initiates
$780 → $1,200
 Strong Buy Initiates $780 → $1,200 +26.81% May 13, 2024
Frank Lee
HSBC
 HSBC
Strong Buy
Maintains
$1,050 → $1,350
 Strong Buy Maintains $1,050 → $1,350 +42.66% May 10, 2024
Toshiya Hari
Goldman Sachs
 Goldman Sachs
Strong Buy
Maintains
$1,000 → $1,100
 Strong Buy Maintains $1,000 → $1,100 +16.24% May 7, 2024
Timothy Arcuri
UBS
 UBS
Strong Buy
Maintains
$1,100 → $1,150
 Strong Buy Maintains $1,100 → $1,150 +21.53% Apr 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
112.52B
from 60.92B
Increased by 84.70%
Revenue Next Year
139.43B
from 112.52B
Increased by 23.91%
EPS This Year
24.97
from 11.93
Increased by 109.31%
EPS Next Year
31.25
from 24.97
Increased by 25.14%
Year 2019202020212022202320242025202620272028
Revenue
10.92B16.68B26.91B26.97B60.92B112.52B139.43B166.39B200.26B206.58B
Revenue Growth
-6.81%52.73%61.40%0.22%125.85%84.70%23.91%19.34%20.35%3.16%
EPS
1.131.733.851.7411.9324.9731.2537.7245.0845.55
EPS Growth
-31.80%53.10%122.54%-54.81%585.63%109.31%25.14%20.72%19.49%1.04%
No. Analysts -----55521754
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 139.0B 208.6B 313.9B 228.6B 222.9B
Avg 112.5B 139.4B 166.4B 200.3B 206.6B
Low 92.2B 109.1B 77.5B 163.4B 188.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
128.2%
85.4%
125.1%
37.4%
11.3%
Avg
84.7%
23.9%
19.3%
20.4%
3.2%
Low
51.4%
-3.0%
-44.4%
-1.8%
-5.7%

EPS Forecast

EPS 20242025202620272028
High 31.50 48.69 71.04 52.50 49.67
Avg 24.97 31.25 37.72 45.08 45.55
Low 19.04 23.04 11.80 35.60 41.17

EPS Growth

EPS Growth 20242025202620272028
High
164.0%
95.0%
127.4%
39.2%
10.2%
Avg
109.3%
25.1%
20.7%
19.5%
1.0%
Low
59.6%
-7.7%
-62.2%
-5.6%
-8.7%
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.