Key Highlights:
- Nvidia is set to release its fiscal first-quarter earnings on May 28, with analysts anticipating it will exceed expectations.
- The company's strong position in AI continues to be a driving force, showcasing its formidable hardware and software integration.
- GuruFocus estimates suggest a significant potential upside in Nvidia's stock value over the next year.
Nvidia's Upcoming Earnings Report
Nvidia (NVDA, Financial) is preparing to unveil its fiscal first-quarter earnings on May 28, a much-anticipated event for investors and analysts alike. Market experts forecast that Nvidia will not only meet but likely exceed previous estimates. Despite encountering challenges like the H20 chip setback in China, Nvidia's guidance is expected to remain consistent with prior predictions. Analyst Rick Schafer emphasizes the company's robust standing in the AI sector, attributed to its comprehensive integration of hardware and software solutions.
Insightful Wall Street Forecasts
According to projections from 51 analysts, the average one-year price target for NVIDIA Corp (NVDA, Financial) stands at $163.77, with a high estimate of $235.92 and a low estimate of $100.00. This average target suggests a potential upside of 23.38% from the current trading price of $132.74. For more detailed projections, please visit the NVIDIA Corp (NVDA) Forecast page.
Brokerage Recommendations and GF Value
The collective recommendation from 64 brokerage firms places NVIDIA Corp's (NVDA, Financial) average rating at 1.8, categorizing it as "Outperform." This rating scale ranges from 1, indicating a Strong Buy, to 5, which represents a Sell. Meanwhile, GuruFocus has calculated the estimated GF Value for NVIDIA Corp (NVDA) to be $265.59 in one year. This estimation represents a substantial upside of 100.08% from the current share price of $132.74. The GF Value represents GuruFocus' assessment of the stock's fair market value, based on historical trading multiples, the company’s past growth, and future performance forecasts. For further insights, visit the NVIDIA Corp (NVDA) Summary page.
