The forecast for Nvidia (NVDA) tomorrow is not available. However, here is the current analysis:
- Current Price and Analyst Ratings: Nvidia's closing price as of June 30, 2024, was $106.21, with an estimated EPS of $2.091. Analysts have given the stock a strong buy rating, with 43 ratings recommending buy, 39 recommending hold, and none recommending sell2.
- Sales Forecast: The next quarter's sales forecast for Nvidia is $32.82B with a range of $30.52B to $34.90B2.
- Price Target and Upside: The average price target for Nvidia over the past 3 months is $151.79, with a high forecast of $200.00 and a low forecast of $90.002. This represents a significant upside from the current price, with an average price target representing a 27.16% change.
- Market Capitalization and Financial Health: Nvidia has a market capitalization of $2.93T and a P/E ratio of 56.03. The company has a strong market position and financial health, which could support its stock price.
- Technical Indicators: Technical indicators show mixed signals, with both bullish and bearish signals being given4. The stock's performance will depend on market conditions and investor sentiment.
In conclusion, while there is no specific forecast for Nvidia's stock price tomorrow, the current analysis suggests that the stock has potential for growth, with a strong buy rating and a significant upside based on analysts' price targets. However, investors should consider the mixed technical indicators and market conditions. Investors should also monitor any news or events that could impact the stock's performance.
9/5/2024 01:16am
