NVIDIA Stock Target Price and Analyst Consensus

NVDA Stock  USD 902.50  23.11  2.50%   
The prevalent analyst and expert consensus on NVIDIA is Strong Buy with 38 strong buy estimates. The prevailing projected target price is 594.21 with 54 professional opinions. Some of the most common ways NVIDIA analysts use to provide public buy-or-sell recommendation are financial statements evaluation and conference calls analysis. They also talk to NVIDIA executives, vendors, and customers. NVIDIA buy-or-sell recommendation and consensus module provides average expert sentiment on the projected NVIDIA target price to derive its highest and lowest estimates based on target price volatility of 0.0. Check out Macroaxis Advice on NVIDIA to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.
Lowest Forecast
540.73
Highest Forecast
659.57
Target Price
594.21
The current year's Gross Profit is expected to grow to about 46.5 B, whereas Pretax Profit Margin is forecasted to decline to 0.26. At present, NVIDIA's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 11.6 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 2.5 B.
  
It's important to approach NVIDIA's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

NVIDIA Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NVIDIA target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. NVIDIA's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   54  Strong Buy
Most NVIDIA analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand NVIDIA stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of NVIDIA, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

NVIDIA Target Price Projection

NVIDIA's current and average target prices are 902.50 and 594.21, respectively. The current price of NVIDIA is the price at which NVIDIA is currently trading. On the other hand, NVIDIA's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

NVIDIA Market Quote on 28th of March 2024

Low Price891.23Odds
High Price932.4Odds

902.5

Target Price

Analyst Consensus On NVIDIA Target Price

Low Estimate540.73Odds
High Estimate659.57Odds

594.21

Historical Lowest Forecast  540.73 Target Price  594.21 Highest Forecast  659.57
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on NVIDIA and the information provided on this page.

NVIDIA Analyst Ratings

NVIDIA's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about NVIDIA stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of NVIDIA's financials, market performance, and future outlook by experienced professionals. NVIDIA's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize NVIDIA price targets

NVIDIA's stock target price is an estimate of its future price, usually made by analysts. Using NVIDIA's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at NVIDIA's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if NVIDIA's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional NVIDIA Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of NVIDIA is a key component of NVIDIA valuation and have some predictive power on the future returns of a NVIDIA.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NVIDIA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
812.25911.93915.14
Details
Intrinsic
Valuation
LowRealHigh
771.81775.02992.75
Details
Naive
Forecast
LowNextHigh
889.03892.24895.46
Details
Earnings
Estimates (0)
LowProjected EPSHigh
4.925.515.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NVIDIA. Your research has to be compared to or analyzed against NVIDIA's peers to derive any actionable benefits. When done correctly, NVIDIA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NVIDIA.

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When determining whether NVIDIA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVIDIA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nvidia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nvidia Stock:
Check out Macroaxis Advice on NVIDIA to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.
Note that the NVIDIA information on this page should be used as a complementary analysis to other NVIDIA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running NVIDIA's price analysis, check to measure NVIDIA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NVIDIA is operating at the current time. Most of NVIDIA's value examination focuses on studying past and present price action to predict the probability of NVIDIA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVIDIA's price. Additionally, you may evaluate how the addition of NVIDIA to your portfolios can decrease your overall portfolio volatility.
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The data published in NVIDIA's official financial statements usually reflect NVIDIA's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of NVIDIA. For example, before you start analyzing numbers published by NVIDIA accountants, it's critical to develop an understanding of what NVIDIA's liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of NVIDIA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NVIDIA's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in NVIDIA's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NVIDIA. Please utilize our Beneish M Score to check the likelihood of NVIDIA's management manipulating its earnings.