NVIDIA (NVDA): The Mega Cap Stock Gaining Bullish Momentum This Week?

NVIDIA (NVDA) has been making waves in the tech industry, and its stock performance has been nothing short of spectacular. With a market capitalization of $2.89 trillion as of March 2025, NVIDIA is not just a tech giant; it's a force to be reckoned with. But is the stock gaining bullish momentum this week? Let's dive into the data and see what the numbers tell us.

First, let's look at the financial metrics. NVIDIA's revenue for the 2024 fiscal year was $60.9 billion, a staggering 126% increase from the previous year. This growth is a clear indicator of the company's expanding market presence and increasing demand for its products. For the first quarter of the 2025 fiscal year, NVIDIA reported a record quarterly revenue of $26.0 billion, up 18% from the previous quarter and 262% from a year ago. This sustained growth in revenue is a strong sign of bullish momentum.



But it's not just about revenue. NVIDIA's net income for the first quarter of the 2025 fiscal year was $14.8 billion, a 21% increase over the previous quarter. This growth in profitability, coupled with the significant revenue increase, suggests that NVIDIA is not only growing but also becoming more efficient in its operations.

Now, let's talk about the data center segment, which is a key driver of NVIDIA's growth. Data center revenue was a record $22.6 billion in the first quarter, up 23% from the previous quarter and 427% year-over-year. This segment reflects the increasing demand for AI and high-performance computing solutions in data centers.



But what about the gaming segment? Gaming revenue was $2.6 billion in the first quarter, down 8% from the previous quarter but up 18% year-over-year. While there was a slight quarterly decline, the year-over-year growth indicates continued strength in the gaming segment.

Professional visualization revenue was $427 million in the first quarter, down 8% from the previous quarter but up 45% year-over-year. This segment, which includes products like the Quadro and RTX series, continues to show strong growth.

Automotive revenue was $329 million, an increase of 17% from the previous quarter and down 11% year-over-year. Despite the year-over-year decline, the quarterly increase suggests that NVIDIA's investments in autonomous vehicle technology are starting to pay off.

Now, let's talk about analyst ratings and price targets. The average analyst rating for NVIDIA stock from 42 stock analysts is "Strong Buy." The average 12-month price target is $174.33, with a low estimate of $120 and a high estimate of $220. This target predicts an increase of 58.96% from the current stock price of $109.67, indicating that analysts expect significant upside potential.

But it's not just about the numbers. NVIDIA's recent technological advancements and strategic partnerships have significantly contributed to its bullish momentum and future growth prospects. For instance, NVIDIA's collaboration with Oracle aims to integrate NVIDIA's accelerated computing and inference software with Oracle’s AI infrastructure and generative AI services. This partnership is designed to help organizations globally speed up the creation of agentic AI, which is a key driver for future growth in AI-driven industries.

Additionally, NVIDIA's partnership with GE HealthCare focuses on advancing innovation in autonomous imaging, particularly in developing autonomous X-ray technologies and ultrasound applications. This collaboration leverages NVIDIA's expertise in AI and GE HealthCare's leadership in medical imaging to create groundbreaking solutions that can revolutionize healthcare.

Furthermore, NVIDIA's recent advancements in AI and quantum computing, such as the development of the NVIDIA RTX PRO Blackwell Series GPUs and the NVIDIA NIM Microservices for RTX, demonstrate the company's continuous innovation in AI technologies. These advancements enable developers to seamlessly integrate AI into creative projects, applications, and games, unlocking new possibilities for AI-driven experiences.

Moreover, NVIDIA's expansion into the automotive industry with its DRIVE platform and its collaboration with Yum! Brands to introduce AI-powered agents in the restaurant industry further diversify its revenue streams. These strategic moves position NVIDIA at the forefront of multiple high-growth sectors, ensuring sustained momentum and future growth.

In summary, NVIDIA's recent financial performance, technological advancements, and strategic partnerships have positioned the company for significant growth. These initiatives not only enhance NVIDIA's technological capabilities but also expand its market reach, diversify its revenue streams, and attract more developers and users to its ecosystem. As a result, NVIDIA is well-positioned to maintain its bullish momentum and achieve sustained growth in the future.