NVIDIA Corporation (NVDA) : Zacks Investment Research ranks NVIDIA Corporation (NVDA) as 1, which is a Strong Buy recommendation. 12 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 21 research analysts is 2, which indicates as a Buy.
NVIDIA Corporation (NVDA) : 14 Wall Street analysts covering NVIDIA Corporation (NVDA) believe that the average level the stock could reach for the short term is $61.5. The maximum price target given is $75 and the minimum target for short term is around $43, hence the standard deviation is calculated at $12.01.
Shares of NVIDIA Corporation rose by 0.5% in the last five trading days and 12.98% for the last 4 weeks. NVIDIA Corporation is up 38.69% in the last 3-month period. Year-to-Date the stock performance stands at 92.06%. NVIDIA Corporation (NASDAQ:NVDA): stock turned positive on Tuesday. Though the stock opened at $63.04, the bulls momentum made the stock top out at $63.32 level for the day. The stock recorded a low of $62.73 and closed the trading day at $62.91, in the green by 0.62%. The total traded volume for the day was 8,493,022. The stock had closed at $62.52 in the previous days trading.
NVIDIA Corporation (NVIDIA) is engaged in visual computing, enabling individuals to interact with digital ideas, data and entertainment. The Company is engaged in creating NVIDIA-branded products and services, offering its processors to original equipment manufacturers (OEMs), and licensing its intellectual property. NVIDIA-branded products and services are visual computing platforms that address four markets: Gaming, Enterprise, High Performance Computing & Cloud, and Automotive. The Company operates in two segments: Graphics Processing Unit (GPU) and Tegra Processor. The Companys GPU product brands include GeForce for gamers; Quadro for designers; Tesla for researchers, learning and big-data analysts; and GRID for cloud-based visual computing users. The Companys Tegra processors are primarily designed to enable its branded platforms: DRIVE and SHIELD.