NVIDIA Corporation (NVDA)
NASDAQ: NVDA · IEX Real-Time Price · USD
122.67
-1.63 (-1.31%)
At close: Jul 2, 2024, 4:00 PM
122.09
-0.58 (-0.47%)
After-hours: Jul 2, 2024, 7:59 PM EDT
NVIDIA Stock Forecast
Stock Price Forecast
The 39 analysts with 12-month price forecasts for NVIDIA stock have an average target of 125.64, with a low estimate of 62 and a high estimate of 200. The average target predicts an increase of 2.42% from the current stock price of 122.67.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for NVIDIA stock from 40 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 20 | 20 | 18 | 20 | 20 | 20 |
| Buy | 19 | 20 | 21 | 19 | 18 | 17 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 42 | 43 | 42 | 42 | 41 | 40 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $116 → $144 | Buy | Maintains | $116 → $144 | +17.39% | Jul 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $129 → $140 | Strong Buy | Reiterates | $129 → $140 | +14.13% | Jun 27, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $140 → $175 | Buy | Maintains | $140 → $175 | +42.66% | Jun 26, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $126 → $150 | Strong Buy | Maintains | $126 → $150 | +22.28% | Jun 26, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $135 → $150 | Strong Buy | Maintains | $135 → $150 | +22.28% | Jun 24, 2024 |
Financial Forecast
Revenue This Year
122.88B
from 60.92B
Increased by 101.70%
Revenue Next Year
163.04B
from 122.88B
Increased by 32.68%
EPS This Year
2.76
from 1.19
Increased by 131.52%
EPS Next Year
3.68
from 2.76
Increased by 33.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 139.4B | 216.1B | 252.7B | 266.2B | 310.7B |
| Avg | 122.9B | 163.0B | 185.8B | 225.3B | 250.8B |
| Low | 110.2B | 132.4B | 117.6B | 171.7B | 202.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 128.8% | 75.8% | 55.0% | 43.3% | 37.9% |
| Avg | 101.7% | 32.7% | 14.0% | 21.2% | 11.3% |
| Low | 80.8% | 7.8% | -27.9% | -7.6% | -10.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.19 | 4.99 | 5.88 | 6.58 | 7.68 |
| Avg | 2.76 | 3.68 | 4.21 | 5.32 | 5.83 |
| Low | 2.49 | 3.04 | 1.77 | 3.81 | 4.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 167.1% | 80.7% | 60.1% | 56.2% | 44.3% |
| Avg | 131.5% | 33.1% | 14.6% | 26.3% | 9.7% |
| Low | 108.3% | 10.0% | -51.8% | -9.5% | -15.1% |
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.