A Few Bright Spots In NVIDIA Corp (NASDAQ: NVDA)

NVIDIA Corp (NASDAQ:NVDA) currently has a daily average trading volume of 323.48M but it saw 283858459 shares traded in last market. With a market cap of 3423.41B USD, the company’s current market price of $139.56 came falling about -2.81 while comparing to the previous closing price of $143.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $144.42 and as low as $39.23. In the recent trading on the day, stock has struck highest price mark of $137.46 while lowest mark touched by it was $142.43.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which reiterated the stock as “Buy” in its note to investors issued on October 18, 2024, recommending a price target of between $165 and $190 for it.

Over the week, NVDA’s stock price is moving 2.83% up while it is 15.46% when we observe its performance for the past one month. Year-to-date it is 181.81% up and over the past year, the stock is showing an upside performance of 224.75%.

Currently, NVIDIA Corp’s total number of outstanding shares is 24.64B. Company’s return on investment (ROI) stands at 78.04% and return on equity (ROE) at 123.77%. It has a price to earnings ratio (P/E ratio) of 65.52 while having a 34.31 of forward P/E ratio. Stock’s beta reads 1.67. Stock has a price to book (P/B) ratio of 58.94 while price to sale or P/S ratio amounts to 35.55. Its return on asset (ROA) is 78.66% on average.