NVIDIA Corporation (NVDA)
NASDAQ: NVDA · IEX Real-Time Price · USD
495.22
0.00 (0.00%)
At close: Dec 29, 2023, 4:00 PM
493.42
-1.80 (-0.36%)
After-hours: Dec 29, 2023, 7:59 PM EST
NVIDIA Stock Forecast
Stock Price Forecast
According to 38 stock analysts, the average 12-month stock price forecast for NVIDIA stock is $609.89, which predicts an increase of 23.16%. The lowest target is $195 and the highest is $1,100. On average, analysts rate NVIDIA stock as a strong buy.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 22, 2023.
Analyst Ratings
The average analyst rating for NVIDIA stock from 41 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 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 18 | 18 | 18 | 18 | 18 |
| Buy | 19 | 20 | 20 | 20 | 20 | 20 |
| Hold | 3 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 38 | 40 | 40 | 40 | 41 | 41 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Reiterates $650 | Buy | Reiterates | $650 | +31.25% | Nov 22, 2023 |
| Stifel | Stifel | Strong Buy Maintains $600 → $665 | Strong Buy | Maintains | $600 → $665 | +34.28% | Nov 22, 2023 |
| Susquehanna | Susquehanna | Buy Reiterates $625 | Buy | Reiterates | $625 | +26.21% | Nov 22, 2023 |
| UBS | UBS | Strong Buy Maintains $560 → $580 | Strong Buy | Maintains | $560 → $580 | +17.12% | Nov 22, 2023 |
| Edward Jones | Edward Jones | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 22, 2023 |
Financial Forecast
Revenue This Year
60.08B
from 26.97B
Increased by 122.72%
Revenue Next Year
94.04B
from 60.08B
Increased by 56.53%
EPS This Year
12.54
from 1.74
Increased by 620.64%
EPS Next Year
20.91
from 12.54
Increased by 66.74%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 63.5B | 121.1B | 178.6B | 134.7B | 155.5B |
| Avg | 60.1B | 94.0B | 109.4B | 122.5B | 141.0B |
| Low | 53.4B | 79.7B | 65.0B | 106.3B | 119.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 135.4% | 101.6% | 89.9% | 23.1% | 26.9% |
| Avg | 122.7% | 56.5% | 16.3% | 12.0% | 15.1% |
| Low | 98.1% | 32.7% | -30.9% | -2.8% | -2.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 13.18 | 25.81 | 34.43 | 31.50 | 36.75 |
| Avg | 12.54 | 20.91 | 24.12 | 27.39 | 32.05 |
| Low | 11.90 | 14.78 | 12.43 | 22.34 | 25.13 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 657.3% | 105.8% | 64.7% | 30.6% | 34.2% |
| Avg | 620.6% | 66.7% | 15.3% | 13.6% | 17.0% |
| Low | 583.7% | 17.9% | -40.6% | -7.3% | -8.3% |
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.