NVDA stock forecast has been the talk of Wall Street for a long time. The Company’s products have revolutionized how we interact with computers, and it is poised to lead in the next wave of technology. But does NVDA have what it took to surpass its competitors in 2020? Let’s talk about it in this post.
NVDA stock in the last 12 months
NVDA stock price in the last 12 months. In December 2017, it was trading at $141.75, down from its high of $163.55 in August 2017. In February 2018, the price reached as low as $100 before bouncing back to trade around $140 per share on average through June 2018. It has increased since then and reached its all-time high of $200 on October 15th, 2018, after hitting a 52-week low of $90 in March 2018.
NVDA rating and trend analysis
It is currently 4.5 out of 5 stars. These analysts determine this grade who factor in their technical analysis, fundamental analysis, and peer comparison based on the investment opportunities, among other parameters.
The NVDA stock trend has grown over the past year with an average return of 34%. The stock price has surged by over $1,000 per share since December 2018. It has increased nearly 50% within this period despite falling by nearly 40% earlier this year due to fears over trade wars between China and the United States (US).
NVIDIA EBIT Forecast for 2022 – 2025 – 2030
NVIDIA’s earnings before interest and taxes (EBIT) have 212.80%, rising from $3.21B to $10.04B. This is the growth over the last four years. Experts and analysts predict it will go $16.80B in the coming year. It means it will increase by over 67.30%. They also predict it can grow at a rate of 560.21%. The prediction of EBIT forecast for 2023 is $16.80B. In 2024 it is $20.12B. And in 2025 and 2026, it is $23.29B and $31.69B, respectively. Moreover in 202,2028,2029, 2030 it can go to $37.63B , $44.93B, $55.10B, $66.29B respectively.
It is a technology company that manufactures graphics processing units (GPUs). The Company’s portfolio of products includes Tegra processors, Pascal, Maxwell, Kepler GPUs, and other related technologies. NVIDIA’s platform products include GeForce gaming graphics cards, Quadro professional visualization solutions, and Tesla data center GPUs.
It has been giving its best shot at growth over the last five years. It grows by investing heavily in new product development across all segments of self-driving cars. With this focus on innovation areas like artificial intelligence, virtual reality, and autonomous vehicles, segments can expect major growth over the coming years given their potential applications across multiple industries such as the healthcare industry, etc.,
The next year’s stock market predictions for NVDA
There are various ways to look at NVDA stock. One is based on its performance year-to-date, while another looks at its growth prospects over the next year or two. According to data, analysts expect Nvidia Corp shares to rise by an average of 21% over the next 12 months.
Final Words
We believe that NVDA stock forecast is an excellent long-term investment and can offer investors a high return on their money. However, after analyzing the fundamentals, we think it is likely that this trend will reverse soon because there are no signs of slowing down demand for gaming consoles or graphics cards among casual gamers.
