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Nvidia stock sank more than 2% early Tuesday, putting the AI chipmaker down 14% from its record high closing price of $148.88 in early November. Nvidia stock slides amid AI spending slowdown fears ...
Just 90 days ago, Wall Street was banking on Nvidia earning $10.76 per share in profits for its current fiscal year according to Yahoo Finance data. Today, that figure stands at $12.29 per share.
Data source: Yahoo! Finance. The last time Nvidia's forward P/E hovered around 30 was last January. This is important to note because back in January 2024, Nvidia's market cap was $1.5 trillion ...
Still, there is plenty of upside to Nvidia's stock long term, contends Arya. Wall Street more broadly would agree — Yahoo Finance data shows 94% of sell-side analysts rate Nvidia's stock at a ...
And given that Nvidia stock is trading at 31 times forward earnings, which is slightly lower than the tech-laden Nasdaq-100 index's earnings multiple of 32.5, investors can consider buying it ...
Nvidia stock (NVDA) fell Tuesday ... Wall Street analysts tracked by Yahoo Finance see Nvidia shares rising to $172.80 over the next 12 months. “[T]he company continues to position itself more ...
Of the 63 sell-side analysts that cover Nvidia, 59 rate the stock a Buy or Strong Buy, Yahoo Finance data shows. The average price target stands at $160.38, about 13% above current levels.
Nvidia stock closed at a record high on Monday as Wall Street analysts held firm on their bullish positions on the stock ahead of its earnings report in November. Shares of the leading AI ...