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
0.00%
Market Cap 1.22T
Revenue (ttm) 44.87B
Net Income (ttm) 18.89B
Shares Out 2.47B
EPS (ttm) 7.58
PE Ratio 65.33
Forward PE 27.57
Dividend $0.16 (0.03%)
Ex-Dividend Date Dec 5, 2023
Volume 38,929,330
Open 498.13
Previous Close 495.22
Day's Range 487.51 - 499.97
52-Week Range 140.34 - 505.48
Beta 1.69
Analysts Strong Buy
Price Target 609.89 (+23.16%)
Earnings Date Feb 21, 2024

About NVDA

NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds. Its Compu... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jan 22, 1999
Employees 26,196
Stock Exchange NASDAQ
Ticker Symbol NVDA
Full Company Profile

Financial Performance

In 2022, NVIDIA's revenue was $26.97 billion, an increase of 0.22% compared to the previous year's $26.91 billion. Earnings were $4.37 billion, a decrease of -55.21%.

Financial Statements

Analyst Forecast

According to 41 analysts, the average rating for NVDA stock is "Strong Buy." The 12-month stock price forecast is $609.89, which is an increase of 23.16% from the latest price.

Price Target
$609.89
(23.16% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Trillion dollar club: 5 tech stocks with record valuations Microsoft, Apple, Google, Amazon, Nvidia

The combined market cap of US companies valued over a trillion dollars has reached $10 trillion in 2023, doubling from the previous year. Apple (AAPL) leads with a market cap worth over $3 trillion, f...

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1 day ago - Yahoo Finance

Magnificent 7 and AI will continue to dominate in 2024, says analyst Ray Wang

The Magnificent Seven stocks — Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta (META), Tesla (TSLA), and Nvidia (NVDA) — dominated the tech landscape in 2023, and Constella...

2 days ago - Yahoo Finance

Nvidia to release modified version of advanced gaming chip that complies with new U.S. export rules

Nvidia (NVDA) is set to release a US-compliant special chip for China and its shares are responding positively to this news. The semiconductor chip company holds more than 90% of market share of China...

2 days ago - Yahoo Finance

Nvidia Introduces Slower Gaming Chip in China To Comply with New US Export Rules

Nvidia Corp. (NVDA) shares were lower Friday after the semiconductor maker introduced a slower gaming chip in China to comply with new U.S. restrictions on technology sales to that country.

2 days ago - Investopedia

These 20 stocks soared the most in 2023

The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel.

2 days ago - Market Watch

'Magnificent Seven' could continue to do very well next year, says Clough Capital CEO

Clough Capital CEO Vince Lorusso joins CNBC's 'Squawk Box' to discuss the recent rally in small caps, his recommendation for investors considering portfolio allocation for 2024, and more.

2 days ago - CNBC Television

Nvidia's stock on track to end stellar 2023 with a 4-day win streak

Shares of Nvidia Corp. NVDA, +0.21% rose 0.4% in premarket trading Friday, to put the S&P 500's best performers in 2023 on track to end the year on a four-day win streak. The semiconductor maker and a...

2 days ago - Market Watch

Tax-loss selling makes these stocks in cannabis, pharma, energy and industrials worth buying

In an annual year-end ritual, investors have dumped many of their stock losers to offset taxable gains. This so-called “tax loss selling” can create buying opportunities in promising names.

2 days ago - Market Watch

Nvidia to launch slower version of its gaming chip in China to comply with U.S. export controls

Nvidia is set to launch a slower version of its RTX 4090 gaming processor in China in order to comply with U.S. export restrictions.

2 days ago - CNBC

Nvidia launches new gaming chip for China to comply with US export controls

U.S. chipmaker Nvidia on Thursday launched a modified version of an advanced gaming chip designed to comply with U.S. export controls targeting China.

2 days ago - Reuters

Tips on how to use options to play Nvidia

Nvidia (NVDA) shares have soared about 240% this year. For those who are looking for alternative ways to take advantage of the stock's run, options may be a possibility.

3 days ago - Yahoo Finance

Tau Joins NVIDIA Inception

Triesen, Liechtenstein--(Newsfile Corp. - December 28, 2023) - Tau announced it has joined NVIDIA Inception, a program that nurtures startups revolutionizing industries with technological advancements...

3 days ago - Newsfile Corp

Nvidia, Tesla, and More: These 5 Stocks in the S&P 500 Are Having a Stellar 2023

The stock market is set to end the year on a high note, but people holding certain stocks may be happier than the rest of us.

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3 days ago - Barrons

The Magnificent 7 Will Stay Magnificent, Says Zaman

Aadil Zaman, partner at the Wall Street Alliance Group, says the "Magnificent 7" group of tech stocks will stay magnificent. He's on "Bloomberg Markets.

4 days ago - Bloomberg Markets and Finance

'There's no doubt' Nvidia will see growth in 2024: Analyst

Nvidia (NVDA) stock skyrocketed over 230% in 2023, sparking debates on whether more upside lies ahead for the chipmaker in 2024. Moor Insights & Strategy Founder, CEO and Chief Analyst Patrick Moorhea...

4 days ago - Yahoo Finance

Spreads tighten on ‘Magnificent Seven' corporate bonds as investors take profits

Corporate-bond investors have been taking profits for five out of the seven so-called Magnificent Seven components of the S&P 500 SPX, according to pricing data.

4 days ago - Market Watch

Nvidia in 2024: The good, the bad, the ugly

Nvidia (NVDA) had an amazing 2023, with the stock surging more than 230%. The stock dominated conversations about AI technology and has rivals racing to catch up.

4 days ago - Yahoo Finance

Nvidia Stock Had a Great 2023. 3 Technicians Tell Us Where It Goes Next.

The chipmaker's shares have more than tripled this year. What the charts say.

4 days ago - Barrons

The most upgraded stocks from 2023: buy, sell or hold?

2023 was a busy year for the analysts; their activity has helped to lift the S&P 500 NYSEARCA: SPY 25% for the year and may help drive it to new highs in 2025. The most upgraded stocks for the year ar...

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4 days ago - MarketBeat

Generative AI's breakout year produced hefty profits for Nvidia and lofty experiments for others

OpenAI set the stage for a wild year in technology when it released ChatGPT in late 2023, but Nvidia was the big beneficiary.

4 days ago - CNBC

2024 could turn into a ‘trader's market.' Here's how this strategist says you can make the most of that.

The S&P 500 index SPX has three days left this year to try for a fresh record high, which in theory, shouldn't be so hard with a Santa Rally all but teed up.

4 days ago - Market Watch

Nvidia is the best of the best, says Citadel's Paul Meeks

Paul Meeks, Citadel finance professor, joins 'The Exchange' to discuss the winners in tech in 2023 and what's ahead for 2024.

5 days ago - CNBC Television

Nvidia will continue to go up in 2024, says Bernstein's Stacy Rasgon

Stacy Rasgon, Bernstein senior analyst, joins 'Money Movers' to discuss the semiconductor performance outlook for 2024, the impact of AI chip hype, and more.

5 days ago - CNBC Television

Nvidia tops list of Wall Street's 20 favorite stocks for 2024

Investors have driving quite a bounceback for stocks during 2023, and the trend for gains that started late in October has been gaining steam. Below is a list of the favorite stocks for 2024 among ana...

5 days ago - Market Watch

Nancy Pelosi, husband betting millions on Nvidia despite scrutiny of congressional stock trading

Pelosi, the San Francisco Democrat, bought 50 call options on Nvidia with a strike price of $120 and an expiration date of Dec. 20 of next year.

6 days ago - New York Post