In the latest trading session, 54.38 million NVIDIA Corp (NASDAQ:NVDA) shares changed hands as the company’s beta touched 1.92. With the company’s most recent per share price at $115.46 changed hands at -$4.07 or -3.41% at last look, the market valuation stands at $2817.15B. NVDA’s current price is a discount, trading about -32.63% off its 52-week high of $153.13. The share price had its 52-week low at $75.61, which suggests the last value was 34.51% up since then. When we look at NVIDIA Corp’s average trading volume, we note the 10-day average is 322.2 million shares, with the 3-month average coming to 271.63 million.
Analysts gave the NVIDIA Corp (NVDA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.28. If we narrow down to specifics, the data shows that 2 out of 47 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 4 recommended NVDA as a Hold, 40 felt it is a Buy and 0 rated the stock as Underweight. NVIDIA Corp’s EPS for the current quarter is expected to be 0.93.
NVIDIA Corp (NASDAQ:NVDA) trade information
Instantly NVDA was in red as seen in intraday trades today. With action 6.16%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -14.02%, with the 5-day performance at 6.16% in the green. However, in the 30-day time frame, NVIDIA Corp (NASDAQ:NVDA) is -16.85% down. Looking at the short shares, we see there were 241.36 million shares sold at short interest cover period of 0.84 days.
The consensus price target for the stock as assigned by Wall Street analysts is 175, meaning bulls need an upside of 34.02% from its recent market value. According to analyst projections, NVDA’s forecast low is 140 with 250 as the target high. To hit the forecast high, the stock’s price needs a -116.53% plunge from its current level, while the stock would need to soar -21.25% for it to hit the projected low.
NVIDIA Corp (NVDA) estimates and forecasts
Year-over-year growth is forecast to reach 56.62% up from the last financial year.
Consensus estimates given by 37 financial analysts project the company’s revenue in the current quarter to hit an average of 43.34B. 36 analysts are of the opinion that NVIDIA Corp’s revenue for the current quarter will be 47.87B. The company’s revenue for the corresponding quarters a year ago was 26.04B and 30.04B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 66.41%. The estimates for the next quarter sales put growth at 59.37%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 91.83%. The 2025 estimates are for NVIDIA Corp earnings to increase by 51.90%, but the outlook for the next 5-year period is at 29.24% per year.
NVDA Dividends
NVIDIA Corp is expected to release its next quarterly earnings report on 2025-Feb-25. The 0.03% annual yield figure for the share gives it an annual dividend of 0.04. It is important to note, however, that the 0.03% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 0.08 per year.
NVIDIA Corp (NASDAQ:NVDA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 4.32% of NVIDIA Corp shares while 67.49% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 70.54%. There are 67.49% institutions holding the NVIDIA Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 8.7116% of the shares, roughly 2.14 billion NVDA shares worth $264.97 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.4706% or 1.84 billion shares worth $227.22 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 728.9 shares estimated at $83.96 billion under it, the former controlled 2.99% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.72% of the shares, roughly 664.0 shares worth around $76.49 billion.
