NVIDIA's stock growth is a remarkable story, driven by the company's innovative approach to artificial intelligence and graphics processing. One key driver of this growth is the increasing demand for AI and deep learning technologies.
NVIDIA's leadership in the field of AI and deep learning has been a major factor in the company's success. The company's GPUs have been instrumental in the development of AI and deep learning models, which has led to significant advancements in fields such as computer vision and natural language processing.
Explore further: Nvidia Ai Stock Growth
Price History & Performance
The NVIDIA stock has experienced tremendous growth over the years. The current share price is $138.31.
NVIDIA's stock has seen significant highs and lows. The 52-week high was $152.89, while the 52-week low was $47.51. This volatility is a key aspect of the stock's performance.
In the past year, the stock has seen a remarkable growth of 188.16%. This is a testament to the company's success and its potential for future growth. The 1-year change is the most impressive, but it's essential to look at the bigger picture.
A unique perspective: Stocks Trading at 52 Week Low
Here's a breakdown of NVIDIA's stock performance over the past few years:
These numbers are staggering, and they demonstrate the incredible growth of NVIDIA's stock over time. The company's success has been remarkable, and it's essential to consider this growth when evaluating the stock's potential.
For another approach, see: S B I Card Share Price
Financial Performance
NVDA stock has experienced remarkable growth over the years, with a 52-week high of $152.89 and a 52-week low of $47.51.
The current share price of $138.31 indicates a significant increase from the low end of the spectrum.
The stock's beta of 1.63 suggests that it's a relatively volatile investment, but its 1 Year Change of 188.16% shows that it can be a lucrative one.
In the past year, NVDA's performance has far exceeded the US Semiconductor industry, returning 188.2% compared to their 79.6% return.
Here are some key financial metrics for NVDA stock:
This impressive performance has also led to a significant change in the stock's value since its IPO, with a return of 337,109.87%.
Forecasting
Forecasting is a crucial aspect of analyzing NVDA stock growth. Analysts expect NVIDIA's earnings to grow by 24.4% per year, significantly outpacing the US market's growth rate of 14.8% per year.
Earnings growth is expected to be driven by strong revenue growth, with analysts forecasting a 25.7% annual increase. This is even faster than the US market's growth rate of 9% per year.
The forecast earnings growth rate of 24.4% per year is above the savings rate of 2.6%. This suggests that investing in NVDA stock could provide a higher return than simply saving money.
NVIDIA's earnings are expected to grow significantly over the next three years, with a forecast EPS growth rate of 25.9% per annum. Return on equity is forecast to be 73.5% in three years, indicating a strong potential for long-term growth.
Here's a summary of the forecasted growth rates:
Analyst Insights
NVIDIA Corporation is covered by 98 analysts, providing a comprehensive view of the company's growth prospects.
The analysts' forecasts are based on a significant amount of research and data analysis, giving investors a solid understanding of the company's potential.
NVIDIA's forecast earnings growth is a staggering 24.4% per year, outpacing the US market's growth rate of 14.8% per year.
This high growth rate is expected to continue for the next 3 years, making NVIDIA a compelling investment opportunity.
Here are some of the analysts who have contributed to the forecasts:
NVIDIA's revenue growth is also expected to outpace the US market, with a forecast growth rate of 25.7% per year, compared to the market's 9% per year growth rate.
Discover more: Sentinelone Stock Symbol
Long-Term Growth
NVDA stock has been growing steadily over the years, with a snowflake score of 3/6 for valuation, 6/6 for future growth, 5/6 for past performance, 6/6 for financial health, and 0/6 for dividends.
Analysts are predicting a 25.06% per year growth in earnings, which is a significant increase. They're also in good agreement that the stock price will rise by 24.9%.
Here's a breakdown of NVDA's revenue and earnings growth forecasts:
As you can see from the table, NVDA's revenue and earnings are expected to continue growing at a rapid pace over the next few years. This makes it an attractive investment opportunity for those looking to capitalize on long-term growth.
Frequently Asked Questions
What is the 5 year return on Nvidia?
The 5-year total return on NVIDIA stock is a staggering 2,223.4%, indicating a remarkable growth over the past five years. This impressive return is based on a calculation of the stock's price movement from 5.90 to 137.01.
How high will Nvidia go in 2025?
Nvidia's market cap could reach $5.6 trillion in 2025, according to analyst Beth Kindig's prediction of a 70% share price increase. This would represent a significant jump from its current market value.
What will Nvidia be worth in 2024?
As of December 23, 2024, Nvidia's market cap is $3.4 trillion. This makes Nvidia the second-most valuable stock on the market, behind Apple at $3.9 trillion.
Sources
- https://simplywall.st/stocks/us/semiconductors/nasdaq-nvda/nvidia
- https://simplywall.st/stocks/us/semiconductors/nasdaq-nvda/nvidia/future
- https://www.penghudaily.com.tw/post/nvda-stock-long-forecast1
- https://parkyourpawsamherst.ca/imgen452/nvda-stock-growth-rate
- https://www.investopedia.com/nvidia-stock-price-levels-to-watch-as-earnings-report-looms-8701107
Featured Images: pexels.com