Previously, Nvidia had indicated that revenue for Q2 would be $8.1 billion.
Nvidia and a BofA Analyst Aren’t Optimistic 8, Financial Times reported that Nvidia “cut its financial guidance for the three months to July, warning that weaker gaming revenue would hit earnings.” This isn’t shown on Nvidia’s news page, but that’s understandable.
Heck, even the company itself is somewhat pessimistic. Nvidia shares already traded at that price, and if the general sense of pessimism is wrong, a revisit of $300 isn’t out of the question at all. The stockholders really need to see some share-price movement, and I picked $300 as a realistic target. Besides, the share price sank from $300 at the beginning of 2022 to less than $200 in recent weeks. Sure, Nvidia pays a dividend, but it’s only 0.09% per year. This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier.Nvidia’s quarterly release will be high-stakes because NVDA stock holders could really use a boost now. This means that if you invested $100 now, your current investment may be worth 273.315$ on 2023 October 20, Friday. These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks.įuture price of the stock is predicted at 336.75124283464$ ( 173.315% ) after a year according to our prediction system. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if NVDA could be a good portfolio addition. NVIDIA stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period. stock forecastĪs of 2022 October 20, Thursday current price of NVDA stock is 123.210$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception).
1 year NVIDIA Forecast: 336.75124283464 *ĥ year NVIDIA Forecast: 1580.726 * About the NVIDIA Corp.
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