Analyst Overview: NVIDIA Corporation (NASDAQ:NVDA)


NVIDIA Corporation (NASDAQ:NVDA) stock is presently standing at about $107.23 and lots of equity research firms seem to have a target price set on the stock. Mascoma Wealth Management LLC purchased a new stake in shares of NVIDIA Corporation during the fourth quarter worth approximately $154,000. MKM Partners assumed coverage on NVIDIA Corporation in a research note on Wednesday. Adding insult to injury, at least seven analysts lowered their price targets on L Brands Inc. According to the research note, Mizuho Raises the price target to $115 per share from a prior target of $80. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, twenty have issued a buy rating and four have issued a strong buy rating to the company's stock. The highest analyst price target is $145.00, which implies a rally of 65 percent. The authority will not be liable for anyone who makes stock portfolio or financial decisions as per the editorial, which is based only on limited and open source. The firm has a market cap of $59.30 billion, a PE ratio of 41.72 and a beta of 1.31. Current stock price is in the upbeat territory taking into account of 20 days moving average with 4.12% and continued bullish run for 50 days moving average with 5.85%.

NVIDIA Corporation (NASDAQ:NVDA) traded at a yearly high level of $120.92 during the last trading session. The firm believes the flawless storm of fundamentals that drove the rarely seen magnitude of earnings upside over the last few quarters is ebbing. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.10 billion. For the most recent quarter end, NVDA reported a surprise Earnings per Share of 19.28%.

Many Analysts provided their foresight on Revenue Estimates of NVIDIA Corporation where they believe that the company has the potential to earn average revenue of $1.91 Billion for the current quarter.

These analysts also forecasted Growth Estimates for the Current Quarter for NVDA to be 100%. Also, EVP Debora Shoquist sold 19,265 shares of NVIDIA Corporation stock in a transaction dated Thursday, December 29th. Shareholders of record on Friday, February 24th will be given a dividend of 0.14 per share by the computer hardware maker on Friday, March 17th. The ex-dividend date is Wednesday, February 22nd. This represents a $0.56 annualized dividend and a dividend yield of 0.51%. If you are viewing this article on another website, it was stolen and reposted in violation of U.S. and global copyright & trademark law. NVIDIA Corporation has a 12 month low of $29.65 and a 12 month high of $120.92. The stock was sold at an average price of $98.74, for a total transaction of $987,400.00.

He recommended investors use the money raised from selling Nvidia shares to buy Intel stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In the research note, the firm Announces the price-target to $109 per share. The research firm Downgrade the stock to Neutral. The disclosure for this sale can be found here. Company insiders own 5.82% of the company's stock. To assess the movement of stock we should look over what analysts have to say about the stock current performance. Previously, the analysts had a Buy rating on the shares.

NVIDIA Corporation designs, develops and markets a top-to-bottom family of award-winning 3D graphics processors, graphics processing units and related software that set the standard for performance, quality and features for every type of desktop personal computer user, from professional workstations to low-priced computers. Egerton Capital UK LLP increased its position in NVIDIA Corporation by 51.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 13,714,909 shares of the computer hardware maker's stock valued at $939,746,000 after buying an additional 414,290 shares during the period. NVIDIA Corporation's dividend payout ratio is now 21.96%. Buy rating has been given by 8 analysts to the company stock whereas 2 analysts given UNDERPERFORM rating to stock and 12 analysts given HOLD rating. Its share price has risen 4.63% in three months and is up 0.56% for the last five trades.



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