Nvidia (NVDA, Financial) recently submitted an automatic mixed securities shelf registration. This strategic move allows the company to issue a variety of securities, such as stocks, bonds, or other financial instruments, at a future date. The flexibility provided by this shelf registration could be advantageous for Nvidia in raising capital efficiently as market conditions change. Investors often view these filings as a sign of a company's intention to strengthen its financial foundation or fund potential business opportunities.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 51 analysts, the average target price for NVIDIA Corp (NVDA, Financial) is $163.77 with a high estimate of $235.92 and a low estimate of $100.00. The average target implies an upside of 21.48% from the current price of $134.81. More detailed estimate data can be found on the NVIDIA Corp (NVDA) Forecast page.
Based on the consensus recommendation from 64 brokerage firms, NVIDIA Corp's (NVDA, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for NVIDIA Corp (NVDA, Financial) in one year is $265.22, suggesting a upside of 96.74% from the current price of $134.81. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the NVIDIA Corp (NVDA) Summary page.
