NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally.
Nvidia stock last closed at $924.79, down 1.99% from the previous day, and has increased 206.45% in one year. It has overperformed other stocks in the Semiconductors industry by 1.61 percentage points. Nvidia stock is currently +210.27% from its 52-week low of $298.06, and -5.05% from its 52-week high of $974.00.
At the moment, there are 2.5B NVDA shares outstanding. The market cap of NVDA is $2.31T. In the past 24 hours, 34.65M NVDA shares were traded.
You will need an online brokerage account to access the NASDAQ market and buy NVDA shares.
In our opinion, eToro is the best stock brokerage. eToro gives you:
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountNow that you've chosen the right brokerage, it's time to fill out some personal info so you can invest in NVDA today.
Now that you have created your account on the best beginner stock app, you need to deposit funds:
Watch the walkthrough below for more details depositing funds into your new investment account.
Once you have selected the best place to buy Nvidia stock, it's crucial to research their stock before you buy, so you truly comprehend the risk and opportunity.
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on NVDA's stock page.
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NVDA's fair value.
Using relative valuations metrics:
You can do additional valuation research on NVDA's stock here.
Out of 34 Wall Street analysts who monitor NVDA, the consensus analyst rating on NVDA is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Toshiya Hari, a top 2% analyst from Goldman Sachs maintains NVDA with a strong buy rating and raises their NVDA price target from $1,000.00 to $1,100.00, on May 7, 2024.
Goldman Sachs's Toshiya Hari raised their price target on Nvidia (NASDAQ: NVDA) by 10% from $1,000 to $1,100 on 2024/05/07. The analyst maintained their Strong Buy rating on the stock.
Nvidia is expected to report its Q1 2025 earnings on 2024/05/22.
Hari told readers that "in spite of the stock's YTD outperformance, Goldman Sachs expects positive EPS revisions in Q1's print to drive another leg up in the stock."
The analyst detailed that their firm "increased its FY 2025 to 2027 EPS estimates by 8% on average to reflect intra-quarter industry data points indicative of continued robust AI server demand and improving supply."
Perhaps not surprisingly, Hari reported that Nvidia remains on Goldman Sachs's Conviction List.
Timothy Arcuri, a top 2% analyst from UBS maintains NVDA with a strong buy rating and raises their NVDA price target from $1,100.00 to $1,150.00, on Apr 30, 2024.
Mark Lipacis, a top 3% analyst from Evercore ISI Group initiates coverage on NVDA with a buy rating and announces their NVDA price target of $1,160.00, on Apr 16, 2024.
Srini Pajjuri, a top 5% analyst from Raymond James maintains NVDA with a strong buy rating and raises their NVDA price target from $850.00 to $1,100.00, on Apr 11, 2024.
John Vinh, a top 1% analyst from KeyBanc maintains NVDA with a strong buy rating and raises their NVDA price target from $1,100.00 to $1,200.00, on Apr 8, 2024.
You can dig deeper into what analysts are projecting on the Nvidia stock forecast page.
Last year, NVDA earnings were $29.76B. During the last five year, NVDA's earnings have grown by 47.91% per year. This was faster than the Semiconductors industry average of 28.94%.
Last year, NVDA revenue was $60.92B. Over the last five year, NVDA's revenue has grown by 39.06% per year. This was faster than the Semiconductors industry average of 25.38%.
You can research NVDA's earnings and revenue performance here.
Over the past 12 months, executives and large shareholders at NVDA have sold more shares than they have bought.
Mark A. 3. Stevens, Director of NVDA, was the latest NVDA insider to sell. They sold $10,147,140.00 worth of NVDA shares on Apr 5, 2024.
Learn more about who owns NVDA stock here.
Nvidia pays a dividend of 0.02%, compared to the Semiconductors industry's average dividend yield of 9.16%. If you owned $1,000 worth of NVDA stock, you would have received $0.17 last year.
Nvidia dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Nvidia dividend yield and history here.
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
You have two primary options:
Hit the Open button and eToro will place the order.
If you want more help investing in stocks on eToro, watch the helpful video below:
Now that you own some NVDA stock, you'll want to stay up-to-date on your investment.
Start a watchlist to track your NVDA stock.
To summarize, here are the 6 steps you need to take to buy Nvidia stock right now:
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Nvidia, click the button below.