NVIDIA Corporation (NVDA)

NASDAQ: NVDA · IEX Real-Time Price · USD
830.41
-33.61 (-3.89%)
At close: May 1, 2024, 4:00 PM
842.27
+11.86 (1.43%)
Pre-market: May 2, 2024, 5:05 AM EDT
-3.89%
Market Cap 2.08T
Revenue (ttm) 60.92B
Net Income (ttm) 29.76B
Shares Out 2.50B
EPS (ttm) 11.93
PE Ratio 69.61
Forward PE 36.33
Dividend $0.16 (0.02%)
Ex-Dividend Date Mar 5, 2024
Volume 55,334,507
Open 850.50
Previous Close 864.02
Day's Range 812.55 - 860.00
52-Week Range 272.40 - 974.00
Beta 1.74
Analysts Strong Buy
Price Target 916.76 (+10.4%)
Earnings Date May 22, 2024

About NVDA

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The 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; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse a... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jan 22, 1999
Employees 29,600
Stock Exchange NASDAQ
Ticker Symbol NVDA
Full Company Profile

Financial Performance

In 2023, NVIDIA's revenue was $60.92 billion, an increase of 125.85% compared to the previous year's $26.97 billion. Earnings were $29.76 billion, an increase of 581.32%.

Financial Statements

Analyst Forecast

According to 42 analysts, the average rating for NVDA stock is "Strong Buy." The 12-month stock price forecast is $916.76, which is an increase of 10.40% from the latest price.

Price Target
$916.76
(10.40% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nvidia supplier SK Hynix says HBM chips almost sold out for 2025

South Korea's SK Hynix said on Thursday its high-bandwidth memory (HBM) chips used in AI chipsets are almost sold out for 2025, after their 2024 chips were fully booked.

6 hours ago - Reuters

Nvidia's Roller Coaster Ride Through Early 2024 Sets The Stage For A Potential Market Shakeup As Investors Eye The Critical First Quarter Earnings Report

NVIDIA Corp NVDA continues to display itself as a standout company, particularly for its solid performance in early 2024. Kicking off the year with significant momentum, Nvidia's stock experienced a 9...

10 hours ago - Benzinga

NVIDIA Sets Conference Call for First-Quarter Financial Results

SANTA CLARA, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- NVIDIA will host a conference call on Wednesday, May 22, at 2 p.m.

12 hours ago - GlobeNewsWire

This AI startup backed by Nvidia is now worth $19 billion

Nvidia Corp.-backed AI startup CoreWeave has nearly tripled in value to $19 billion following its latest round of funding.

15 hours ago - Market Watch

Nvidia-backed GPU cloud provider CoreWeave surges to $19 billion valuation

CoreWeave intends to set up more of its clouds full of graphics processing units in more places around the world as it goes up against Amazon and Google.

17 hours ago - CNBC

Nvidia launches tech update for ChatRTX AI chat

A new update for Nvidia ChatRTX is available for download today.

20 hours ago - VentureBeat

AMD Drags Down Nvidia Stock After Disappointing Guidance

Analysts had hoped AMD's new guidance for data center chips would be higher.

Other symbols: AMD
1 day ago - Barrons

Nvidia is chip sector's only hope after AMD and Super Micro disappoint

Investors better hope that Nvidia Corp. exceeds Wall Street's current expectations, after Tuesday's disappointments by two other favored AI-related companies, Advanced Micro Devices and Super Micro Co...

1 day ago - Market Watch

The ‘Magnificent Seven' aren't seven. Or magnificent.

Tesla TSLA, -4.59% is down this year by double digits. Apple AAPL, +0.05% is down.

1 day ago - Market Watch

Cramer's Mad Dash: Nvidia

CNBC's Jim Cramer delivers his daily Mad Dash.

1 day ago - CNBC Television

JetCool Unveils Breakthrough Energy-Saving Liquid Cooling for NVIDIA's H100 GPUs - Enhancing AI Cluster Efficiency and Performance

LITTLETON, Mass.--(BUSINESS WIRE)--JetCool, a leading liquid cooling company for data centers, today announced the availability of its industry-leading liquid cooling module for NVIDIA's H100 SXM and ...

1 day ago - Business Wire

Morning Minute: Tuesday, April 30

Nvidia catches a price target hike, while Tesla's workforce sees more layoffs. Plus, Eli Lilly flirts with all-time highs after hiking full-year guidance in its latest earnings report.

Other symbols: LLY
1 day ago - Schwab Network

Nvidia Stock Slips. Here's When Its New AI Chips Could Hit the Market.

Nvidia's new Blackwell chips might launch later than originally estimated, according to UBS.

2 days ago - Barrons

Mag 7 Making Magnificent Moves?

Tesla (TSLA) is rallying after clearings hurdles for full self-driving in China. David G. Dietze discusses this, as well as how Meta's (META) oversight board is planning to trim its workforce.

2 days ago - Schwab Network

Nvidia isn't crazy expensive from a multiple perspective, says Wedbush's Matt Bryson

Matt Bryson, Wedbush Securities SVP of equity research, joins 'Squawk on the Street' to discuss how much Nvidia will profit from peer AI spending, how to model Nvidia's growth prospects, and more.

2 days ago - CNBC Television

The latest evidence Nvidia's stock is a ‘no brainer,' according to this analyst

Nvidia Corp.'s stock continues to be a “no brainer,” according to Melius Research analyst Ben Reitzes. Just ask the rest of Big Tech.

2 days ago - Market Watch

Nvidia Stock Gains. Why Jensen Huang Is Looking Beyond Big Tech for Chip Demand.

The company's CEO said areas such as drug development and robotics can be markets for the company's processors.

3 days ago - Barrons

Nvidia's Jensen Huang says human jobs won't just go away because of AI

Nvidia Inc. chips are powering the artificial-intelligence revolution. But while Chief Executive Jensen Huang thinks AI will change the world, he doesn't expect human jobs to just disappear.

3 days ago - Market Watch

Microsoft, Amazon, Nvidia And Alphabet Lead Tech Stock Surge To Two-Month High

Tech stocks on Wall Street defied sticky inflation Friday to post their biggest gain in more than two months—easing market anxiety about a slowdown in economic activities—after blockbuster first-quart...

Other symbols: AMZNGOOGGOOGLMSFT
5 days ago - Forbes

Nvidia (NVDA) vs Other Semiconductor Peers

Nvidia (NVDA) rises as mega cap A.I. spend continues.

5 days ago - Schwab Network

Nvidia (NVDA): Can Any Other Chip Makers Challenge the Giant?

Nvidia (NVDA) rises as mega cap A.I. spend continues.

5 days ago - Schwab Network

Trade Tracker: Jim Lebenthal buys more Nvidia

Jim Lebenthal, chief equity strategist at Cerity Partners, joins CNBC's 'Halftime Report' to explain his latest trade.

5 days ago - CNBC Television

Nvidia Stock Rises. What Microsoft and Google CEOs Said About Its Chips.

Microsoft and Alphabet's CEOs both called out their use of Nvidia chips in earnings calls.

Other symbols: GOOGGOOGLMSFT
5 days ago - Barrons

Alphabet Stock Gets AI Boost. How a New $2 Trillion Market Value Could Overtake Nvidia.

The Google parent posted earnings ahead of expectations, helped in part by AI-driven demand for cloud computing.

Other symbols: GOOGGOOGL
6 days ago - Barrons

CNBC's 2024 Stock Draft: NFL legend Eddie George picks Nvidia for first round draft

CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.

6 days ago - CNBC Television