NVIDIA Corporation (NVDA)
NASDAQ: NVDA · Real-Time Price · USD
143.59
-0.12 (-0.08%)
At close: Oct 22, 2024, 4:00 PM
142.65
-0.94 (-0.65%)
Pre-market: Oct 23, 2024, 7:05 AM EDT
NVIDIA Stock Forecast
Stock Price Forecast
The 38 analysts with 12-month price forecasts for NVIDIA stock have an average target of 145.84, with a low estimate of 65 and a high estimate of 200. The average target predicts an increase of 1.57% from the current stock price of 143.59.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 20 | 20 | 20 | 20 | 20 | 20 |
| Buy | 19 | 18 | 17 | 16 | 17 | 17 |
| Hold | 3 | 3 | 4 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 42 | 41 | 41 | 39 | 40 | 40 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $165 → $190 | Strong Buy | Maintains | $165 → $190 | +32.32% | Oct 18, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $135 → $150 | Strong Buy | Maintains | $135 → $150 | +4.46% | Oct 11, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $150 | Buy | Reiterates | $150 | +4.46% | Oct 10, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $175 | Buy | Reiterates | $175 | +21.87% | Oct 8, 2024 |
| UBS | UBS | Strong Buy Reiterates $150 | Strong Buy | Reiterates | $150 | +4.46% | Oct 8, 2024 |
Financial Forecast
Revenue This Year
128.01B
from 60.92B
Increased by 110.12%
Revenue Next Year
181.81B
from 128.01B
Increased by 42.03%
EPS This Year
2.89
from 1.19
Increased by 142.45%
EPS Next Year
4.10
from 2.89
Increased by 41.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 141.0B | 234.4B | 295.6B | ||
| Avg | 128.0B | 181.8B | 215.6B | ||
| Low | 119.2B | 136.6B | 166.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 131.4% | 83.1% | 62.6% | ||
| Avg | 110.1% | 42.0% | 18.6% | ||
| Low | 95.6% | 6.7% | -8.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.19 | 5.35 | 6.24 | ||
| Avg | 2.89 | 4.10 | 4.80 | ||
| Low | 2.69 | 3.43 | 3.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 167.6% | 85.1% | 52.4% | ||
| Avg | 142.5% | 41.6% | 17.2% | ||
| Low | 125.1% | 18.6% | -11.7% |
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.