NVIDIA Corp (NASDAQ:NVDA) shares traded -1.76% lower at $119.53 on Wall Street last session.
NVDA stock price is now -7.34% away from the 50-day moving average and -6.37% away from the 200-day moving average. The market capitalization of the company currently stands at $2916.53B.
On November 21, 2024, Wells Fargo reiterated its ‘Overweight’ rating on the stock by increasing its target price from $165 to quote $185, while ‘Truist’ rates the stock as ‘Buy’
In other news, BURGESS ROBERT K, Director sold 53,324 shares of the company’s stock on Mar 13 ’25. The stock was sold for $6,158,405 at an average price of $115.49. Upon completion of the transaction, the Director now directly owns 251,044 shares in the company, valued at $30.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 13 ’25, Director BURGESS ROBERT K bought 53,324 shares of the business’s stock. A total of $6,158,407 was incurred on buying the stock at an average price of $115.49. A total of 4.00% of the company’s stock is owned by insiders.
During the past 12 months, NVIDIA Corp has had a low of $75.61 and a high of $153.13. As of last week, the company has a debt-to-equity ratio of 0.13, a current ratio of 4.44, and a quick ratio of 3.88. According to the stock market information, the enterprise value for the company is $2883592126464, which is based on a 40.66 price-to-earnings ratio, a 1.39 price-to-earnings-growth ratio, and a beta of 1.91. The fifty day moving average price for NVDA is $129.0012 and a two-hundred day moving average price translates $127.66701 for the stock.
The latest earnings results from NVIDIA Corp (NASDAQ: NVDA) was released for 2025-01-26. The net profit margin was 55.85% and return on equity was 119.18% for NVDA. The company reported revenue of $39.33 billion for the quarter, compared to $22.1 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 77.94 percent. For the current quarter, analysts expect NVDA to generate $43.34B in revenue.
