Nvidia Stock (NVDA:NSD) Oppeneheimer cuts target as stock rallies

The fundamental analysis of the stock is set with  a score of 5.6 out of 10.

In a  research note published on November 11th, Oppenheimer Holdings maintained their Outperform rating on Nvidia stock with a Buy rating and cut their 12-month target forecast to $225 from $250 per share.

The average analyst target price for NVIDIA Corporation over the next 12 months is USD 216, from 33 analyst forecasts for the NVIDIA stock. The consensus analyst rating recommendation for NVIDIA is set at a Strong Buy.  Stock Target Advisor’s stock analysis of NVIDIA Corporation is Slightly Bullish. The stock price of NVIDIA was $137.76 at the most recent close. The share price of NVIDIA Corporation appreciated by 4.21% over the previous week, up 14.08% over the past month, and down a whopping 55.06% over the previous year, 2021. The 12 month consensus Crowd target for the NVDA’s stock is $267 per share, with a average Crowd rating of a Strong Buy, matching the analysts recommendation.

 

News:

Zacks Research On november 1st,  cut their 2023 Earnings per share estimates for NVIDIA Corp. in a research note they the investment firm published. Zacks Research forecasts that Nvidia  Corp., the computer hardware manufacturer will post earnings of $2.43 per share for the current year, which has been reduced from their prior estimate of $2.56. The full year consensus estimate for NVIDIA Corp. is  now at $2.50 per share. Zacks also reported estimates for the company’s Q4 2023 earnings at $0.51 Earnings per share.

Nvidia  just released a new Game Ready Driver that highlights some key Modern Warfare 2 features while resolving bugs from the previous driver version.  Those concerns with driver 526.47(opens in new tab) have already been covered by us; the update made Modern Warfare 2 less stable and caused “flashing corruption” while playing. The original advice from Nvidia was for CoD gamers to completely avoid 526.47 or else manually download a hotfix from the business website, independent of the GeForce Now app.

 

Positive Fundamentals for NVDA:

High market capitalization
The company is in the top quartile in its industry for size, which makes the company more stable..

High dividend ratio
Stock has outperformed its peers over the past 5 years

Excellent return on equity
The management has outperformed its competitors in return on equity over the last four comparable quarters,

Superior capital efficiency
The firm has outperformed its peers in terms of return on, and execution of  invested capital.

Excellent return on assets
Management has outperformed its peers in terms of return on assets over the last four quarters.

Positive cash flow
The last four quarters saw positive total cash flow.  This is a veryu significant and important metric.

Positive free cash flow
Positive total free cash flow over the past 4 consecutive quarters.

Superior growth in earnings
The company’s growth in profit was in the top in its competing industry.

Superior growth in revenue
Stock’s revenue growth over the last five years  has been stellar.

High Asset to Gross Profit Ratio
Gross Profit to Asset Ratio is in the top of the industry. Value investors are interested in this characteristic because it demonstrates the company is capable of superior long-term returns.

 

Negative Fundamentals:

High Volatility:
Over the past five years, this company’s total returns have been erratic and higher above the industry average. If you plan to invest in such a stock, be sure your risk tolerance is adequate.

Lower than average total returns
In terms of annual average total returns during the previous five years, the company lagged behind its competitors.

Overvalued in comparison  to earnings
The stock is trading above the sector median and at a premium to its peers in terms of price to earnings.

Overpriced compared to book value
On a price to book value basis, the stock is selling at a premium to the median of its peer group.

Overpriced based on cash flow
On a price to cash flow ratio, the stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median. Whenever you are thinking about buying, go with prudence.

Extremely leveraged with Debt
In terms of debt to equity, the company is heavily leveraged and in the bottom half of its sector rivals. Check the news, though, and study the sector and management remarks. This can be high at times since the business is attempting to grow quickly.

Overvalued in relation to cash flow
The stock is trading at a premium to its peers on a cash flow basis. It is higher  priced than the sector median.

Low Growth in Dividends
The company’s dividend growth was lower than it’s peers.

The fundamental analysis of the stock is set with  a score of 5.6 out of 10.

NVDA Stock (NVDA:NSD) STA Research boost target to $180 from $160

The overall fundamental analysis of the stock is graded with a score of 5.6 out of 10. where the stock is considered Slightly Bullish.

In a  research note posted on November 10th, STA Research reiterated the Buy rating on NVDA stock with Buy rating, and a 12-month target forecast of $180, which was raised from $160.

The average analyst target price for NVDA stock over the next 12 months is USD 216.56, according to 33 analysts’ predictions for the NVDA stock. The typical analyst recommendation for NVDA stock is Strong Buy. Based on 10 positive and 8 negative signals, Stock Target Advisor’s personal stock analysis of NVDA stock is Slightly Bullish. The stock price of NVDA stock was USD 137.76 at the most recent close. The share price of NVDA stock changed by +4.21% over the previous week, +14.08% over the previous month, and -55.06% over the previous year. The 12 month Crowd target for the stock is set at $267 per share, with a consensus Crowd rating of a Strong Buy.

 

Positive Fundamentals for NVDA stock:

High market capitalization
This organisation is among the top quartile and is one of the biggest in its industry. These businesses are typically more reliable.

High dividend yield payout
NVDA stock has outperformed its industry rivals over the past 5 years (for a hold duration of at least 12 months) and is in the top percentile in terms of average annual dividend returns. For investors seeking high income yields, this could be an excellent purchase, especially if it is excelling on a total return basis.

Excellent return on equity
The management of the company has outperformed its competitors in terms of return on equity over the last four quarters, ranking it in the top quartile.

Superior capital efficiency
In the last four quarters, firm management outperformed its counterparts in terms of return on invested capital, putting it in the top quartile.

Excellent return on assets
The management of the company has outperformed its counterparts in terms of return on assets over the last four quarters, putting it in the top quartile.

Positive cash flow
The last four quarters saw positive total cash flow for the organisation.

Positive free cash flow
The last four quarters saw the company generate positive total free cash flow.

Superior growth in earnings
In the preceding five years, NVDA stock profits growth was in the top quartile for its industry.

Superior growth in revenue
Compared to its industry, NVDA stock revenue growth over the previous five years has been in the top quartile.

High Asset to Gross Profit Ratio
When compared to its rivals, NVDA stock Gross Profit to Asset Ratio is in the top quartile. Value investors choose this metric because it exhibits superior long-term returns.

 

Negative Fundamentals:

High Volatility:
Over the past five years, this company’s total returns have been erratic and higher above the industry average. If you plan to invest in NVDA stock, be sure your risk tolerance is adequate.

Lower than average total returns
In terms of annual average total returns during the previous five years, the company lagged behind its competitors.

Overvalued in comparison  to earnings
NVDA stock is trading above the sector median and at a premium to its peers in terms of price to earnings.

Overpriced compared to book value
On a price to book value basis, Nvidia stock is selling at a premium to the median of its peer group.

Overpriced based on cash flow
On a price to cash flow ratio, NVDA stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median. Whenever you are thinking about buying, go with prudence.

Extremely leveraged with Debt
In terms of debt to equity, the company is heavily leveraged and in the bottom half of its sector rivals. Check the news, though, and study the sector and management remarks. This can be high at times since the business is attempting to grow quickly.

High price to cash flow
On a price to free cash flow basis, Nvidia stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median. Whenever you are thinking about buying, go with prudence.

Low Growth in Dividends
In the preceding five years, Nvidia stock dividend growth was lower than the sector average.

The overall fundamental analysis of the stock is graded with a score of 5.6 out of 10. where the stock is considered Slightly Bullish.

 

Analysts rate NVIDIA Corporation (NVDA:NSD) with a Strong Buy rating and $236.97 target

Daiwa Securities downgrades NVIDIA Corporation to Neutral, targets down from $215 to $133
Needham & Company LLC maintains the Buy rating, targets down from $185 to $170

Based on the NVIDIA stock forecast from 33 analysts, the average analyst target price for NVIDIA Corporation is USD 236.97 over the next 12 months. NVIDIA Corporation’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of NVIDIA Corporation is Neutral, which is based on 8 positive signals and 7 negative signals. At the last closing, NVIDIA Corporation’s stock price was USD 136.47. NVIDIA Corporation’s stock price has changed by -26.13% over the past week, -48.79% over the past month and -40.26% over the last year.

About NVIDIA Corporation (NVDA:NSD)

The NVIDIA Corporation offers solutions for graphics, computing, and networking across a variety of geographies, including the United States, Taiwan, China, and other worldwide locations.

NVIDIA Corporation was founded in 1993 and is headquartered in Santa Clara, California. It has entered into a strategic partnership with Kroger Company. NVIDIA Corporation is a multinational computer hardware company that was established in 1993 and has its headquarters in Santa Clara, California.

 

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

High dividend returns

NVIDIA stock forecast has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

NVIDIA stock forecast has shown top quartile revenue growth in the previous 5 years compared to its sector.

 

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has underperformed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

NVIDIA stock forecast is trading high compared to its peers on a price-to-earnings basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers’ median on a price-to-book value basis.

Overpriced on a cash flow basis

NVIDIA stock forecast is trading high compared to its peers on a price-to-cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering buying.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on a free cash flow basis

NVIDIA stock forecast is trading high compared to its peers on a price-to-free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering buying.