Nvidia Stock Quote: Financials, Competitors, and Valuation

Nvidia's financials are a key consideration for investors. The company's revenue has consistently grown over the years, with a significant increase in 2020 due to the surge in demand for graphics cards and gaming laptops.

Nvidia's main competitors in the graphics processing unit (GPU) market are AMD and Intel. AMD's Radeon graphics cards are a direct competitor to Nvidia's GeForce lineup.

Nvidia's valuation is also a crucial factor to consider. The company's market capitalization is over $1 trillion, making it one of the largest publicly traded companies in the world.

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NVIDIA's stock has had a wild ride in the past year, with a 1 Year Change of 188.16% and a 5 Year Change of 2,176.52%. The company's revenue has also seen significant growth, increasing by 125.85% in 2023 compared to the previous year.

The current share price of NVIDIA is US$138.31, which is a 1 Month Change of -1.39% from the previous month. However, over the past 52 weeks, the stock has reached a high of US$152.89 and a low of US$47.51.

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Here's a breakdown of NVIDIA's performance over different time periods:

NVIDIA's stock has been affected by market trends, with a significant drop of 17% on Monday, but it has since recovered slightly in premarket trading. The company's optimistic forecast for the AI market has not yet translated to a significant increase in stock price.

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Nvidia has several competitors in the graphics processing unit (GPU) market.

One of its main competitors is AMD, a company that has been gaining ground in the GPU market.

Nvidia's market share has been steadily increasing, reaching a high of 83% in 2020.

In contrast, AMD's market share has been around 15% in recent years.

The GPU market is highly competitive, with other players like Intel and Google also vying for market share.

Nvidia's dominance in the market can be attributed to its strong brand reputation and innovative products.

However, AMD has been making significant strides in recent years, releasing competitive products like the Radeon RX 6000 series.

Our competitors in the industry are numerous, with many established players vying for market share.

One of our main competitors is XYZ Corporation, a company with a long history of innovation and a strong reputation for quality products.

Their flagship product, the XYZ-1000, is a game-changer in the industry, with features that our own product can't match.

However, we've done our research and found that XYZ Corporation's product has some significant drawbacks, including a higher price point and limited customization options.

Another competitor worth mentioning is ABC Inc., a company known for its aggressive marketing tactics and extensive distribution network.

Their product may be cheaper upfront, but it lacks the durability and performance of our own product.

In fact, many of our customers have reported issues with ABC Inc.'s product, including premature wear and tear.

We're proud to say that our product has a significantly longer lifespan and requires less maintenance than our competitors' offerings.

Our competitors may have their strengths, but we're confident that our product is the best choice for customers who value quality and performance.

Analysts are optimistic about the future of Avago Technologies, with a strong buy rating from 39 analysts, indicating a 12-month stock price forecast of $142.48, a 25.15% increase from the latest price.

The microchip sector is expected to recover, with Avago and AMD leading the way, as the market starts to question the recent downturn.

According to analyst forecasts, AMD's 12-month stock price forecast is $68.58, a 16.35% increase from the latest price.

The market is looking for signs of recovery, and these companies are poised to lead the charge.

NVIDIA's financial performance has been impressive, with revenue increasing by 125.85% in 2023 to $60.92 billion, compared to the previous year's $26.97 billion.

Their earnings also saw a significant jump, rising by 581.32% to $29.76 billion. This indicates a substantial growth in the company's profitability.

The average rating for NVDA stock from 41 analysts is "Strong Buy", with a 12-month stock price forecast of $168.48, representing a 40.35% increase from the latest price.

Additional reading: Stock Price

Here's a summary of NVIDIA's valuation metrics:

Their stock price has seen significant fluctuations over the past year, with a 1-year change of 188.16%. The current share price is $138.31, with a 52-week high of $152.89 and a 52-week low of $47.51.

In 2023, NVIDIA's revenue skyrocketed to $60.92 billion, a whopping 125.85% increase from the previous year's $26.97 billion.

This massive revenue growth is a testament to the company's innovative products and services. NVIDIA's earnings also saw a substantial increase, reaching $29.76 billion, a staggering 581.32% rise.

Let's take a closer look at NVIDIA's financial performance over the years. Here's a brief summary of their revenue growth:

NVIDIA's current share price is $138.31, which is a significant drop of 1.39% in just one month. However, looking at the bigger picture, their 1-year change is a remarkable 188.16%, showing a strong upward trend.

Analysts Recommendations are a crucial aspect of any stock's financial analysis. According to the provided data, the current analyst recommendations for NVDA stock are overwhelmingly positive.

51 analysts currently recommend BUY, which is a significant increase from 3 months ago when the number of BUY recommendations was also 51.

The number of analysts recommending OVERWEIGHT has decreased to 10, down from 11 1 month ago.

The number of analysts recommending HOLD is 6, which is the same as it was 1 month ago.

There are no analysts recommending UNDERWEIGHT or SELL.

Here's a summary of the current analyst recommendations:

The overall mean recommendation is Buy, indicating a positive outlook for NVDA stock.

In the world of finance, valuation is a crucial aspect of understanding a company's worth. The price-to-earnings (P/E) ratio is a key metric that helps investors gauge a company's valuation. For NVIDIA, the P/E current ratio is 56.178.

This means that investors are willing to pay 56.178 times the earnings per share to own a share of NVIDIA stock. For comparison, the P/E ratio without extraordinary items is 51.145, which is slightly lower.

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NVIDIA's price-to-sales ratio is a staggering 24.985, indicating that investors are willing to pay a premium for the company's sales growth. The price-to-book ratio is 34.99, suggesting that investors value NVIDIA's assets and equity at a premium.

Here's a breakdown of NVIDIA's valuation metrics:

These valuation metrics provide a comprehensive picture of NVIDIA's financial health and growth prospects. By analyzing these metrics, investors can make informed decisions about whether to buy, hold, or sell NVIDIA stock.