NVIDIA Corporation Share Price Target ‘$124.18’, now 13.7% Upside Potential

Broker Ratings
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NVIDIA Corporation with ticker code (NVDA) have now 49 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $183.12 and $46.05 with the average share target price sitting at $124.18. (at the time of writing). Given that the stocks previous close was at $109.21 this now indicates there is a potential upside of 13.7%. There is a 50 day moving average of $120.40 while the 200 day moving average is $80.55. The company has a market cap of 2.64T. The stock price for Occidental Petroleum Corporation is $107.27 USD

The potential market cap would be $3,000,354,943,848 based on the market consensus.

The company has a dividend yield of 2.88%. Other points of data to note are a P/E ratio of 62.73, revenue per share of $3.23 and a 49.1% return on assets.

NVIDIA Corporation accelerates computing to help solve the computational problems. The Company has two segments. The Compute & Networking segment includes its data center accelerated computing platform; networking; automotive artificial intelligence (AI) cockpit, autonomous driving development agreements and autonomous vehicle solutions; electric vehicle computing platforms; Jetson for robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and cryptocurrency mining processors (CMP). The Graphics segment includes GeForce GPUs for gaming and personal computers (PCs), the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU (vGPU), software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and omniverse enterprise software for building and operating metaverse and three-dimensional Internet applications.

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