NVIDIA (NVDA) Stock Forecast, Price Target & Predictions
NVDA Stock Forecast
NVIDIA stock forecast is as follows: an average price target of $130.20 (represents a -11.43% downside from NVDA’s last price of $147.01) and a rating consensus of 'Buy', based on 48 wall street analysts offering a 1-year stock forecast.
NVDA Price Target
The average price target for NVIDIA (NVDA) is $130.20 based on 1-year price targets from 48 Wall Street analysts in the past 3 months, with a price target range of $250.00 to $13.30. This represents a potential -11.43% downside from NVDA's last price of $147.01.
NVDA Analyst Ratings
According to 48 Wall Street analysts, NVIDIA's rating consensus is 'Buy'. The analyst rating breakdown for NVDA stock is 1 'Strong Buy' (2.08%), 41 'Buy' (85.42%), 4 'Hold' (8.33%), 2 'Sell' (4.17%), and 0 'Strong Sell' (0.00%).
NVIDIA Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 19, 2024 | John Vinh | KeyBanc | $180.00 | $104.75 | 71.84% | 22.44% |
| Nov 18, 2024 | Mark Lipacis | Evercore ISI | $189.00 | $104.75 | 80.43% | 28.56% |
| Nov 15, 2024 | Blayne Curtis | Jefferies | $185.00 | $146.76 | 26.06% | 25.84% |
| Nov 11, 2024 | Timothy Arcuri | UBS | $185.00 | $145.26 | 27.36% | 25.84% |
| Nov 11, 2024 | Harsh Kumar | Piper Sandler | $175.00 | $139.59 | 25.37% | 19.04% |
| Nov 11, 2024 | Joseph Moore | Morgan Stanley | $160.00 | $139.59 | 14.62% | 8.84% |
| Oct 30, 2024 | Gus Richard | Northland Securities | $175.00 | $139.34 | 25.60% | 19.04% |
| Oct 30, 2024 | John Vinh | KeyBanc | $220.00 | $139.34 | 57.89% | 49.65% |
| Oct 30, 2024 | Hans Mosesmann | Rosenblatt Securities | $250.00 | $139.34 | 79.42% | 70.06% |
| Oct 30, 2024 | Toshiya Hari | Goldman Sachs | $175.00 | $139.34 | 25.60% | 19.04% |
The latest NVIDIA stock forecast, released on Nov 19, 2024 by John Vinh from KeyBanc, set a price target of $180.00, which represents a 71.84% increase from the stock price at the time of the forecast ($104.75), and a 22.44% increase from NVDA last price ($147.01).
NVIDIA Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 12 | 27 | 105 |
| Avg Price Target | $187.50 | $175.56 | $128.37 |
| Last Closing Price | $147.01 | $147.01 | $147.01 |
| Upside/Downside | 27.54% | 19.42% | -12.68% |
In the current month, the average price target of NVIDIA stock is $187.50, according to 12 Wall Street analysts offering twelve months forecast. The average price target represents a 27.54% increase as opposed to NVIDIA's last price of $147.01. This month's average price target is up 6.80% compared to last quarter, and up 46.06% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 30, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Oct 30, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Oct 30, 2024 | Oppenheimer | Perform | Perform | Hold |
| Oct 30, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Oct 17, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Oct 14, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Oct 11, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Oct 10, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 08, 2024 | William Blair | Buy | Buy | Hold |
NVIDIA's last stock rating was published by Morgan Stanley on Oct 30, 2024. The company gave NVDA a "Equal-Weight" rating, the same as its previous rate.
NVIDIA Financial Forecast
NVIDIA Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $30.04B | $26.04B | $22.10B | $18.12B | - | $7.19B | $6.05B | $5.93B | $6.70B | - | $7.64B | $7.10B | - | - | $5.00B | $4.73B | $3.87B | $3.08B | $3.10B | $3.01B |
| Avg Forecast | $55.82B | $54.81B | $53.93B | $53.03B | $51.80B | $47.28B | $44.27B | $40.76B | $37.01B | $33.09B | $28.74B | $24.59B | $20.40B | $16.19B | $11.19B | $6.53B | $6.02B | $5.78B | $6.70B | $8.12B | $7.42B | $6.82B | $6.33B | $5.40B | $4.82B | $4.42B | $3.65B | $2.97B | $2.96B | $2.92B |
| High Forecast | $64.24B | $63.09B | $62.07B | $61.03B | $59.62B | $54.42B | $50.95B | $46.91B | $40.85B | $34.65B | $28.81B | $24.59B | $23.47B | $17.09B | $12.88B | $7.52B | $6.92B | $6.53B | $7.57B | $9.18B | $8.39B | $7.71B | $7.15B | $6.10B | $5.45B | $4.99B | $4.13B | $3.36B | $3.35B | $3.30B |
| Low Forecast | $50.50B | $49.59B | $48.80B | $47.98B | $46.87B | $42.78B | $40.05B | $36.88B | $33.69B | $32.63B | $28.67B | $24.59B | $18.45B | $16.07B | $10.12B | $5.91B | $5.44B | $5.38B | $6.24B | $7.57B | $6.92B | $6.36B | $5.89B | $5.03B | $4.49B | $4.11B | $3.41B | $2.77B | $2.76B | $2.72B |
| # Analysts | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 11 | 25 | 26 | 13 | 25 | 12 | 21 | 20 | 14 | 10 | 9 | 15 | 9 | 9 | 18 | 12 | 10 | 10 | 11 | 11 | 11 | 11 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.06% | 1.08% | 1.12% | - | 1.10% | 1.01% | 1.03% | 1.00% | - | 1.03% | 1.04% | - | - | 1.04% | 1.07% | 1.06% | 1.04% | 1.05% | 1.03% |
NVIDIA's average Quarter revenue forecast for Oct 24 based on 26 analysts is $33.09B, with a low forecast of $32.63B, and a high forecast of $34.65B. NVDA's average Quarter revenue forecast represents a 10.16% increase compared to the company's last Quarter revenue of $30.04B (Jul 24).
NVIDIA EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 11 | 25 | 26 | 13 | 25 | 12 | 21 | 20 | 14 | 10 | 9 | 15 | 9 | 9 | 18 | 12 | 10 | 10 | 11 | 11 | 11 | 11 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $18.64B | $17.46B | $13.62B | $10.42B | - | $2.66B | $1.78B | $1.08B | $918.00M | - | $3.23B | $3.00B | - | - | $1.81B | $1.70B | $1.07B | $1.11B | $1.14B | $1.06B |
| Avg Forecast | $21.00B | $20.62B | $20.29B | $19.95B | $19.48B | $17.78B | $16.65B | $15.33B | $13.92B | $12.45B | $10.81B | $3.41B | $7.67B | $6.09B | $4.21B | $3.10B | $2.65B | $2.23B | $2.59B | $2.82B | $2.87B | $2.63B | $2.44B | $1.62B | $1.86B | $1.71B | $1.41B | $985.48M | $1.14B | $1.13B |
| High Forecast | $24.17B | $23.73B | $23.35B | $22.96B | $22.42B | $20.47B | $19.16B | $17.64B | $15.36B | $13.03B | $10.84B | $4.09B | $8.83B | $6.43B | $4.84B | $3.72B | $3.18B | $2.52B | $2.92B | $3.38B | $3.24B | $2.98B | $2.76B | $1.95B | $2.10B | $1.93B | $1.59B | $1.18B | $1.29B | $1.28B |
| Low Forecast | $19.00B | $18.66B | $18.36B | $18.05B | $17.63B | $16.09B | $15.07B | $13.87B | $12.67B | $12.27B | $10.78B | $2.73B | $6.94B | $6.04B | $3.81B | $2.48B | $2.12B | $2.08B | $2.41B | $2.25B | $2.67B | $2.45B | $2.28B | $1.30B | $1.73B | $1.59B | $1.32B | $788.38M | $1.07B | $1.05B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.72% | 5.12% | 1.77% | 1.71% | - | 0.86% | 0.67% | 0.49% | 0.35% | - | 1.13% | 1.14% | - | - | 0.97% | 1.00% | 0.76% | 1.13% | 0.99% | 0.94% |
26 analysts predict NVDA's average Quarter EBITDA for Oct 24 to be $12.45B, with a high of $13.03B and a low of $12.27B. This is -33.23% lower than NVIDIA's previous annual EBITDA (Jul 24) of $18.64B.
NVIDIA Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 11 | 25 | 26 | 13 | 25 | 12 | 21 | 20 | 14 | 10 | 9 | 15 | 9 | 9 | 18 | 12 | 10 | 10 | 11 | 11 | 11 | 11 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $16.60B | $14.88B | $12.29B | $9.24B | - | $2.04B | $1.41B | $680.00M | $656.00M | - | $3.00B | $2.46B | - | - | $1.46B | $1.34B | $622.00M | $917.00M | $951.00M | $899.00M |
| Avg Forecast | $30.83B | $30.08B | $29.48B | $28.93B | $29.10B | $26.44B | $24.73B | $22.55B | $20.36B | $18.55B | $16.06B | $3.17B | $11.41B | $8.37B | $5.17B | $2.88B | $2.18B | $1.75B | $1.24B | $2.62B | $3.05B | $2.75B | $2.53B | $1.31B | $1.75B | $1.60B | $1.22B | $825.72M | $1.03B | $983.51M |
| High Forecast | $36.88B | $35.98B | $35.26B | $34.60B | $34.81B | $31.63B | $29.58B | $26.97B | $21.90B | $20.05B | $16.12B | $3.80B | $13.65B | $10.01B | $6.19B | $3.45B | $2.62B | $2.05B | $1.45B | $3.14B | $3.56B | $3.22B | $2.95B | $1.57B | $2.04B | $1.87B | $1.43B | $990.86M | $1.21B | $1.15B |
| Low Forecast | $27.01B | $26.35B | $25.83B | $25.35B | $25.50B | $23.17B | $21.67B | $19.76B | $19.33B | $18.05B | $16.01B | $2.53B | $10.00B | $7.62B | $4.53B | $2.30B | $1.74B | $1.60B | $1.13B | $2.09B | $2.78B | $2.51B | $2.30B | $1.05B | $1.59B | $1.46B | $1.12B | $660.57M | $942.97M | $896.45M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.03% | 4.70% | 1.08% | 1.10% | - | 0.71% | 0.65% | 0.39% | 0.53% | - | 0.99% | 0.90% | - | - | 0.83% | 0.83% | 0.51% | 1.11% | 0.92% | 0.91% |
NVIDIA's average Quarter net income forecast for Oct 24 is $18.55B, with a range of $18.05B to $20.05B. NVDA's average Quarter net income forecast represents a 11.75% increase compared to the company's last Quarter net income of $16.60B (Jul 24).
NVIDIA SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 11 | 25 | 26 | 13 | 25 | 12 | 21 | 20 | 14 | 10 | 9 | 15 | 9 | 9 | 18 | 12 | 10 | 10 | 11 | 11 | 11 | 11 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $842.00M | $769.00M | $711.00M | $689.00M | - | $633.00M | $625.00M | $631.00M | $592.00M | - | $563.00M | $557.00M | - | - | $503.00M | $515.00M | $627.00M | $293.00M | $287.00M | $277.00M |
| Avg Forecast | $4.81B | $4.72B | $4.65B | $4.57B | $4.46B | $4.08B | $3.82B | $3.51B | $3.19B | $2.85B | $2.48B | $593.55M | $1.76B | $1.40B | $964.50M | $539.59M | $492.64M | $498.25M | $577.43M | $490.53M | $639.56M | $587.89M | $545.19M | $451.09M | $415.36M | $380.54M | $314.96M | $249.19M | $255.46M | $251.82M |
| High Forecast | $5.54B | $5.44B | $5.35B | $5.26B | $5.14B | $4.69B | $4.39B | $4.04B | $3.52B | $2.99B | $2.48B | $712.26M | $2.02B | $1.47B | $1.11B | $647.51M | $591.17M | $562.76M | $652.57M | $588.64M | $722.78M | $664.39M | $616.13M | $541.31M | $469.41M | $430.06M | $355.94M | $299.03M | $288.70M | $284.58M |
| Low Forecast | $4.35B | $4.27B | $4.21B | $4.14B | $4.04B | $3.69B | $3.45B | $3.18B | $2.90B | $2.81B | $2.47B | $474.84M | $1.59B | $1.38B | $872.65M | $431.67M | $394.12M | $464.06M | $538.11M | $392.43M | $596.01M | $547.86M | $508.07M | $360.87M | $387.08M | $354.63M | $293.51M | $199.35M | $238.06M | $234.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.34% | 1.30% | 0.40% | 0.49% | - | 1.17% | 1.27% | 1.27% | 1.03% | - | 0.88% | 0.95% | - | - | 1.21% | 1.35% | 1.99% | 1.18% | 1.12% | 1.10% |
NVIDIA's average Quarter SG&A projection for Oct 24 is $2.85B, based on 26 Wall Street analysts, with a range of $2.81B to $2.99B. The forecast indicates a 238.76% rise compared to NVDA last annual SG&A of $842.00M (Jul 24).
NVIDIA EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 11 | 25 | 26 | 13 | 25 | 12 | 21 | 20 | 14 | 10 | 9 | 15 | 9 | 9 | 18 | 12 | 10 | 10 | 11 | 11 | 11 | 11 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.68 | $6.04 | $4.93 | $3.75 | - | $0.83 | $0.57 | $0.27 | $0.26 | - | $1.20 | $0.99 | - | - | $0.59 | $0.54 | $0.25 | $0.37 | $0.39 | $0.37 |
| Avg Forecast | $1.24 | $1.21 | $1.19 | $1.16 | $1.17 | $1.06 | $1.00 | $0.91 | $0.82 | $0.75 | $0.65 | $0.56 | $0.46 | $0.34 | $0.21 | $0.09 | $0.08 | $0.07 | $0.05 | $0.13 | $0.12 | $0.11 | $0.10 | $0.08 | $0.07 | $0.06 | $0.05 | $0.04 | $0.04 | $0.04 |
| High Forecast | $1.48 | $1.45 | $1.42 | $1.39 | $1.40 | $1.27 | $1.19 | $1.09 | $0.88 | $0.81 | $0.65 | $0.67 | $0.55 | $0.40 | $0.25 | $0.11 | $0.10 | $0.08 | $0.06 | $0.15 | $0.14 | $0.13 | $0.12 | $0.10 | $0.08 | $0.08 | $0.06 | $0.05 | $0.05 | $0.05 |
| Low Forecast | $1.09 | $1.06 | $1.04 | $1.02 | $1.03 | $0.93 | $0.87 | $0.80 | $0.78 | $0.73 | $0.64 | $0.49 | $0.40 | $0.31 | $0.18 | $0.08 | $0.07 | $0.06 | $0.05 | $0.12 | $0.11 | $0.10 | $0.09 | $0.07 | $0.06 | $0.06 | $0.04 | $0.04 | $0.04 | $0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.05% | 10.79% | 10.73% | 11.14% | - | 8.99% | 7.03% | 3.83% | 5.21% | - | 9.79% | 8.94% | - | - | 8.39% | 8.38% | 5.08% | 8.95% | 9.37% | 9.35% |
According to 26 Wall Street analysts, NVIDIA's projected average Quarter EPS for Oct 24 is $0.75, with a low estimate of $0.73 and a high estimate of $0.81. This represents a 9.78% increase compared to NVDA previous annual EPS of $0.68 (Jul 24).