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NVIDIA Corporation (NVDA)
NASDAQ: NVDA · IEX Real-Time Price · USD
824.23
+29.05 (3.65%)
At close: Apr 23, 2024, 4:00 PM
838.43
+14.20 (1.72%)
Pre-market: Apr 24, 2024, 6:00 AM EDT

NVIDIA Stock Forecast

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 11.23% from the current stock price of 824.23.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $460 $916.76 $985 $1,200
Change -44.19% +11.23% +19.51% +45.59%

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 '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 181819202019
Buy 202020192021
Hold 223333
Sell 000000
Strong Sell 111000
Total 414143424343

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mark Lipacis
Evercore ISI Group
 Evercore ISI Group
Buy
Initiates
$1,160
 Buy Initiates $1,160 +40.74% Apr 16, 2024
Srini Pajjuri
Raymond James
 Raymond James
Strong Buy
Maintains
$850 → $1,100
 Strong Buy Maintains $850 → $1,100 +33.46% Apr 11, 2024
John Vinh
Keybanc
 Keybanc
Buy
Maintains
$1,100 → $1,200
 Buy Maintains $1,100 → $1,200 +45.59% Apr 8, 2024
Christopher Rolland
Susquehanna
 Susquehanna
Buy
Maintains
$1,050
 Buy Maintains $1,050 +27.39% Apr 4, 2024
Timothy Arcuri
UBS
 UBS
Strong Buy
Maintains
$800 → $1,000
 Strong Buy Maintains $800 → $1,000 +21.33% Mar 22, 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
10.92B16.68B26.91B26.97B60.92B112.52B139.43B159.19B141.02B158.72B
Revenue Growth
-6.81%52.73%61.40%0.22%125.85%84.70%23.91%14.17%-11.41%12.55%
EPS
1.131.733.851.7411.9324.9731.2535.7732.0534.86
EPS Growth
-31.80%53.10%122.54%-54.81%585.63%109.31%25.14%14.47%-10.39%8.77%
No. Analysts -----55522254
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.