What's Happening with nvda
NVIDIA Corporation (NVDA) is scheduled to report Quarter 3 numbers after market close on August 24. Analysts forecast the company will earn $0.49 per share for the quarter. During the same period last year, the company earned $1.04 per share. The stock is down 25.91% on the year.
Technical Analysis
NVDA was recently trading at $178.49, down $167.98 from its 12-month high and $37.94 above its 12-month low. InvestorsObserver gives NVDA a 49 long-term technical score and a 68 short-term technical score. The stock has recent support above $165 and recent resistance below $193. Of the 25 analysts who cover the stock 17 rate it Strong Buy, 1 rate it Buy, 7 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, NVDA gets an overall score of 51 from InvestorsObserver.
Analysts' Thoughts
NVDA has shown an annual earnings growth of 52.83% over the last five years, and, looking ahead, analysts expect the company's profits to rise 22.80% per annum over the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects earnings of $0.49 per share. NVDA is currently trading at $178.49 with an average price target of $231.82.