
NVIDIA (NVDA) Stock Forecast & Price Target
NVIDIA (NVDA) Analyst Ratings
Bulls say
NVIDIA's positive outlook is supported by significant growth in compute revenue, which reached $32.556 billion, marking an 18% increase quarter-over-quarter and a remarkable 116% year-over-year. The company's balance sheet shows a robust cash position, with cash, cash equivalents, and marketable securities rising to $43.2 billion, reflecting a substantial increase from both the prior year and the previous quarter. Additionally, strong performance across multiple sectors, including consumer internet, enterprise, and automotive revenues, which grew 300%, 200%, and 103% year-over-year respectively, underscores NVIDIA's expanding market presence and diverse revenue streams.
Bears say
NVIDIA has experienced a reduction in earnings beats, decreasing from double-digit percentages to just 3% in the most recent quarter, indicating potential struggles in meeting market expectations. The company is facing declines in key revenue segments such as gaming and networking due to capacity constraints and architectural shifts, contributing to a sharp slowdown in overall revenue growth from 264% previously to 78%. Additionally, risks associated with slower-than-expected AI adoption, increased competition, and overall macroeconomic deterioration could further hinder NVIDIA's market share and profitability.
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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