In today’s recent session, 97.37 million shares of the NVIDIA Corp (NASDAQ:NVDA) have been traded, and its beta is 2.08. Most recently the company’s share price was $105.33, and it changed around -$6.87 or -6.12% from the last close, which brings the market valuation of the company to $2570.05B. NVDA at last check was trading at a discount to its 52-week high of $153.13, offering almost -45.38% off that amount. The share price’s 52-week low was $75.61, which indicates that the recent value has risen by an impressive 28.22% since then. We note from NVIDIA Corp’s average daily trading volume that its 10-day average is 402.95 million shares, with the 3-month average coming to 307.77 million.
NVIDIA Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.33. If we narrow it down even further, the data shows that 0 out of 64 analysts rate the stock as a Sell; another 12 rate it as Overweight. Among the rest, 6 recommended NVDA as a Hold, whereas 46 deemed it a Buy, and 0 rated it as Underweight. NVIDIA Corp is expected to report earnings per share of 0.9 for the current quarter.
NVIDIA Corp (NASDAQ:NVDA) trade information
Instantly NVDA has been showing red trend so far today with a performance of -6.12% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 114.29 on recent trading dayincreased the stock’s daily price by 7.84%. The company’s shares are currently down -21.57% year-to-date, but still down -7.87% over the last five days. On the other hand, NVIDIA Corp (NASDAQ:NVDA) is -8.75% down in the 30-day period. We can see from the shorts that 234.4 million shares have been sold at a short interest cover period of 0.78 day(s).
The consensus price target as assigned by Wall Street analysts is $175, which translates to bulls needing to increase their stock price by 39.81% from its current value. Analyst projections state that NVDA is forecast to be at a low of $140 and a high of $250.
NVIDIA Corp (NVDA) estimates and forecasts
The year-over-year growth rate is expected to be 55.43%, up from the previous year.
Consensus estimates provided by 37 financial analysts predict the company will bring in an average of 43.12B in revenue for the current quarter. 36 analysts expect NVIDIA Corp to make 47.49B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 26.04B and 30.04B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 65.58%. Forecasts for the next quarter put sales growth at 58.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 91.83%. NVIDIA Corp earnings are expected to increase by 50.41% in 2025, but the outlook is positive 30.02% per year for the next five years.
NVDA Dividends
NVIDIA Corp’s next quarterly earnings report is expected to be released on 2025-Feb-25. The annual dividend yield of the stock is 0.04 percent and its annual dividend per share was 0.04. It is important to note, however, that the 0.04% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 0.07 per year.
NVIDIA Corp (NASDAQ:NVDA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.32% of NVIDIA Corp shares, and 67.60% of them are in the hands of institutional investors. The stock currently has a share float of 70.66%. NVIDIA Corp stock is held by 6524.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.7116% of the shares, which is about 2.14 billion shares worth $264.97 billion.
BLACKROCK INC., with 7.4834% or 1.84 billion shares worth $227.22 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 728.9 shares worth $76.4 billion, making up 2.99% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 664.0 shares worth around $69.6 billion, which represents about 2.72% of the total shares outstanding.
