
NVIDIA (NVDA) Stock Forecast & Price Target
NVIDIA (NVDA) Analyst Ratings
Bulls say
Nvidia's financial outlook is bolstered by a significant increase in compute revenue, which reached $32.556 billion, reflecting an 18% quarter-over-quarter growth and a remarkable 116% year-over-year growth, driven by expanding demand in data centers and AI applications. The company's robust balance sheet includes cash, cash equivalents, and marketable securities amounting to $43.2 billion, a substantial increase from $26.0 billion a year ago, indicating strong liquidity and financial health. Additionally, notable growth across various sectors is highlighted by a 300% year-over-year increase in consumer internet revenue and a 200% increase in enterprise revenue, underscoring Nvidia's broadening market reach and competitive advantages in key areas such as automotive and professional visualization.
Bears say
The analysis indicates that NVIDIA has experienced a notable decline in its performance indicators, with its earnings beat shrinking from double-digit percentages to just 3% in the most recent quarter, and its sales guidance showing only a slight 2.2% increase above consensus estimates. Additionally, there are concerning trends in specific revenue lines such as gaming and networking, with significant drops in growth rates, highlighted by a reduction from 264% to 78% year-over-year. Furthermore, the company faces various risks that could further dampen its financial outlook, including slow AI adoption, weakened demand in gaming markets, rising competition, and challenges in product execution, all of which could adversely impact revenue growth.
This aggregate rating is based on analysts' research of NVIDIA and is not a guaranteed prediction by Public.com or investment advice.
NVIDIA (NVDA) Analyst Forecast & Price Prediction
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