NVIDIA Corporation (NVDA)
NASDAQ: NVDA · IEX Real-Time Price · USD
949.50
-4.36 (-0.46%)
At close: May 22, 2024, 4:00 PM
1,014.41
+64.91 (6.84%)
Pre-market: May 23, 2024, 4:17 AM EDT
Stock Price Forecast
The 41 analysts with 12-month price forecasts for NVIDIA stock have an average target of 969.32, with a low estimate of 460 and a high estimate of 1,400. The average target predicts an increase of 2.09% from the current stock price of 949.50.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $460 | $969.32 | $1000 | $1,400 |
| Change | -51.55% | +2.09% | +5.32% | +47.45% |
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 '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 18 | 19 | 20 | 20 | 18 | 18 |
| Buy | 20 | 20 | 19 | 20 | 21 | 21 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 41 | 43 | 42 | 43 | 42 | 42 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $850 → $1,100 | Buy | Maintains | $850 → $1,100 | +15.85% | May 20, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $1,050 → $1,100 | Buy | Maintains | $1,050 → $1,100 | +15.85% | May 20, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $1,400 | Strong Buy | Maintains | $1,400 | +47.45% | May 20, 2024 |
| Stifel | Stifel | Strong Buy Maintains $910 → $1,085 | Strong Buy | Maintains | $910 → $1,085 | +14.27% | May 20, 2024 |
| Baird | Baird | Buy Maintains $1,050 → $1,200 | Buy | Maintains | $1,050 → $1,200 | +26.38% | May 20, 2024 |
Financial Forecast
Revenue This Year
112.52B
from 60.92B
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 | 166.39B | 200.26B | 206.58B |
| Revenue Growth | -6.81% | 52.73% | 61.40% | 0.22% | 125.85% | 84.70% | 23.91% | 19.34% | 20.35% | 3.16% |
| EPS | 1.13 | 1.73 | 3.85 | 1.74 | 11.93 | 24.97 | 31.25 | 37.72 | 45.08 | 45.55 |
| EPS Growth | -31.80% | 53.10% | 122.54% | -54.81% | 585.63% | 109.31% | 25.14% | 20.72% | 19.49% | 1.04% |
| No. Analysts | - | - | - | - | - | 55 | 52 | 17 | 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 | 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.
