If you’ve been keeping an eye on NVIDIA’s (NVDA) stock trajectory, you’d be aware that 2022 has been a challenging year for the company. Despite a commendable performance in the previous year, the stock has seen a significant downturn since the onset of 2022. This raises the question – is there a rebound on the horizon for NVIDIA stock, or should we brace for further disappointments?
To gain insights, it’s crucial to delve into the NVIDIA (NVDA) stock price predictions for the current year and beyond. This article aims to provide a comprehensive analysis of NVDA stock forecasts from 2023 to 2030. We won’t merely throw numbers at you; instead, we’ll provide a detailed discussion on NVDA stock to help you discern if it’s a worthy addition to your portfolio. Also, We’ll also guide you on the optimal time to invest.
This post serves as a valuable resource, offering a deep-dive into NVIDIA’s business model, technical analysis, and long-term potential, along with expert forecasts for 2023, 2025, and 2030.
About Nvidia Stock
NVIDIA, an American multinational technology company, has made a name for itself in the tech industry with its cutting-edge graphics processing units (GPUs), mobile technologies, and desktop computers. Founded in 1993 by computer scientists Jen-Hsun Huang, Curtis Priem, and Christopher Malachowsky, NVIDIA has been at the forefront of high-end GPU design, catering to both the gaming and professional markets. The company also develops system on a chip (SoCs) units, essential for mobile computing and automotive markets.
Operating through two main segments, Graphics and Compute & Networking, NVIDIA offers a wide range of products and services. The Graphics segment encompasses GeForce GPUs for gaming, Quadro/Nvidia RTX GPUs for enterprise workstation graphics, and automotive platforms for infotainment systems. The Compute & Networking segment focuses on data center platforms and systems for artificial intelligence, high-performance computing, and accelerated computing. NVIDIA’s influence extends to various markets, including gaming, professional visualization, data center, and automotive.
Headquartered in Santa Clara, California, NVIDIA is led by President and CEO Jensen Huang. The company’s significant subsidiaries include Nvidia Advanced Rendering Center and Mellanox Technologies. Despite a recent setback in its attempt to acquire Arms Ltd., NVIDIA continues to be a key player in the tech industry, contributing to advancements in artificial intelligence, machine learning, network solutions, and cloud computing.
Nvidia (NVDA) Historical Performance
NVIDIA has carved an intriguing trajectory since its inception. The company made its debut in the public trading arena with its successful IPO on January 22, 1999, with shares priced at $12 each. The stock commenced trading at $0.40 on February 1, 1999, and wrapped up the day at $0.46, marking the commencement of its journey on the public market.
As the years rolled on, NVIDIA’s stock witnessed substantial ebbs and flows, mirroring the dynamic and volatile nature of the tech industry. A significant milestone was achieved on the first day of 2000 when the stock when the stock hit the $1 mark. This was succeeded by a 2:1 stock split on June 27, 2000, indicating the company’s growth and increasing market confidence.
However, the journey was not always smooth. In 2002, the stock price took a nosedive, opening at $5.60 on January 1st and plummeting to a low of $0.60 by September 30th. Despite this setback, the stock price gradually regained its footing in 2003 and continued on an upward trajectory until it touched $5 in October 2014.
Fast forward to 2020, a pivotal year for NVIDIA’s stock. The stock kicked off the year at $59.69 and wrapped up at $130.55 on December 1st, marking a remarkable growth trajectory. This upward trend continued into 2021, with the stock reaching the $200 mark by May and the $300 mark by October. However, the stock has witnessed a dip in recent times, opening at $298.15 on January 1, 2022, and closing the year at $143.16.
Nvidia (NVDA) Price History
Here’s a table showcasing the historical performance of NVIDIA stocks, provided by Yahoo Finance, from the year 1999 to 2022.
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| Jul 1, 2022 | $186.57 | $187.90 | $185.35 | $187.56 | $187.39 | $17.14M |
| Jul 1, 2021 | $136.00 | $137.34 | $135.75 | $137.27 | $136.88 | $9.59M |
| Jul 1, 2020 | $91.28 | $91.84 | $90.85 | $91.03 | $90.75 | $2.62M |
| Jul 1, 2019 | $48.65 | $49.07 | $48.35 | $48.97 | $48.36 | $5.38M |
| Jul 1, 2018 | $43.86 | $44.26 | $43.82 | $44.21 | $43.59 | $2.02M |
| Jul 1, 2017 | $36.83 | $37.02 | $36.43 | $36.69 | $36.10 | $4.08M |
| Jul 1, 2016 | $30.51 | $30.63 | $30.05 | $30.24 | $29.67 | $2.35M |
| Jul 1, 2015 | $28.14 | $28.35 | $27.97 | $28.26 | $27.71 | $2.31M |
| Jul 1, 2014 | $19.17 | $19.27 | $18.96 | $19.02 | $18.75 | $1.77M |
| Jul 1, 2013 | $15.00 | $15.20 | $14.91 | $15.14 | $14.87 | $2.18M |
| Jul 1, 2012 | $14.34 | $14.50 | $14.28 | $14.42 | $14.18 | $1.03M |
| Jul 1, 2011 | $11.83 | $11.91 | $11.81 | $11.84 | $11.67 | $2.10M |
| Jul 1, 2010 | $11.06 | $11.10 | $10.96 | $11.03 | $10.87 | $1.03M |
| Jul 1, 2009 | $12.50 | $12.55 | $12.43 | $12.51 | $12.37 | $0.77M |
| Jul 1, 2008 | $24.64 | $24.70 | $24.31 | $24.56 | $23.96 | $0.60M |
| Jul 1, 2007 | $20.63 | $20.67 | $20.47 | $20.62 | $19.91 | $0.68M |
| Jul 1, 2006 | $11.92 | $11.95 | $11.87 | $11.92 | $11.52 | $0.28M |
| Jul 1, 2005 | $7.23 | $7.24 | $7.19 | $7.22 | $6.99 | $0.23M |
| Jul 1, 2004 | $6.08 | $6.11 | $6.06 | $6.09 | $5.91 | $0.20M |
| Jul 1, 2003 | $3.48 | $3.49 | $3.46 | $3.49 | $3.39 | $0.09M |
| Jul 1, 2002 | $1.85 | $1.87 | $1.83 | $1.86 | $1.81 | $0.06M |
| Jul 1, 2001 | $1.42 | $1.45 | $1.41 | $1.44 | $1.40 | $0.06M |
| Jul 1, 2000 | $1.13 | $1.17 | $1.13 | $1.16 | $1.13 | $0.09M |
| Jul 1, 1999 | $0.59 | $0.60 | $0.58 | $0.59 | $0.58 | $0.01M |
Nvidia (NVDA) Current Stock Analysis
NVIDIA Corp has been making waves on Wall Street, with its stock skyrocketing and briefly surpassing the $1 trillion market capitalization mark. This surge, settling at $401.11 per share with a total market cap of $99.20 billion, is largely attributed to the company’s strong outlook and its push into AI. The company’s impressive performance has outpaced its S&P 500 peers, with its stock value tripling in less than eight months, primarily driven by the rising interest in artificial intelligence and advancements in generative AI.
The buzz around AI and ChatGPT has significantly boosted NVIDIA’s stock price. The company, which has a near-monopoly in the GPU market, has projected strong revenue growth and is ramping up production of its AI chips to meet the surging demand. The introduction of ChatGPT has sparked intense competition among top tech firms and start-ups worldwide, further fueling NVIDIA’s growth. However, while the semiconductor sector holds promise, investing in such stocks can carry risks, given the highly sophisticated nature of the AI and chipmaking industry.
Nvidia Fundamental Analysis
NVIDIA Corporation (NVDA) boasts an impressive market capitalization of approximately $951.73 billion, underscoring its substantial market footprint.
The firm’s Price to Earnings (P/E) ratio currently stands at 218.15, significantly surpassing the industry average. This suggests that investors are prepared to pay a premium for the company’s earnings, likely driven by optimistic forecasts of future growth.
NVIDIA’s Earnings Per Share (EPS) over the trailing twelve months (ttm) is 1.74, with projections indicating a rise to 6.13 in the forthcoming year. This anticipated EPS growth signals potential profitability enhancements, an encouraging prospect for potential investors.
NVIDIA’s sales are reported at $26.97 billion, accompanied by a relatively high Price to Sales (P/S) ratio of 35.28. This could be interpreted as the market’s high expectations for the company’s future revenue growth.
The company’s Return on Assets (ROA) is recorded at 10.30%, suggesting effective utilization of its assets to generate profits. The Return on Equity (ROE) is 18.70%, indicating efficient profit generation from the equity invested by shareholders.
NVIDIA’s debt to equity ratio is reported at 0.50, suggesting a balanced approach to financing its operations through a combination of debt and equity.
The company’s gross margin is reported at 56.90%, indicating successful cost control in relation to goods sold and strong pricing power.
The company’s stock has seen a significant uptick, with a 52-week range of 108.13 – 318.28. The stock’s performance year-to-date (YTD) has been commendable, registering a gain of 159.89%. In short, NVIDIA’s fundamental indicators suggest a strong financial position and potential for future growth.
Financial Metrics
Below, we have listed all the key indicators for Fundamental analysis of NVIDIA Stocks, provided by Finviz.
| Metric | Value | Metric | Value | Metric | Value |
|---|---|---|---|---|---|
| Index | NDX, S&P 500 | P/E | 218.15 | EPS (ttm) | 1.74 |
| Insider Own | 0.40% | Shs Outstand | 2.46B | Perf Week | 19.89% |
| Market Cap | 951.73B | Forward P/E | 61.97 | EPS next Y | 6.13 |
| Insider Trans | -4.15% | Shs Float | 2.36B | Perf Month | 40.90% |
| Income | 4.37B | PEG | 10.29 | EPS next Q | 1.06 |
| Inst Own | 65.90% | Short Float / Ratio | 1.22% / 0.63 | Perf Quarter | 63.10% |
| Sales | 26.97B | P/S | 35.28 | EPS this Y | -54.70% |
| Inst Trans | -0.83% | Short Interest | 28.83M | Perf Half Y | 136.81% |
| Book/sh | 8.97 | P/B | 42.34 | EPS next Y | 33.68% |
| ROA | 10.30% | Target Price | 292.35 | Perf Year | 135.11% |
| Cash/sh | 5.31 | P/C | 71.58 | EPS past 5Y | 8.60% |
| ROI | 13.30% | 52W Range | 108.13 – 318.28 | Perf YTD | 159.89% |
| Dividend | 0.16 | P/FCF | 279.10 | EPS Q/Q | -51.60% |
| Profit Margin | 16.20% | Rel Volume | 3.51 | Prev Close | 305.38 |
| Shortable | Yes | LT Debt/Eq | 0.44 | Earnings | May 24 AMC |
| Payout | 9.10% | Avg Volume | 45.51M | Price | 379.80 |
| Recom | 2.00 | SMA20 | 30.21% | SMA50 | 36.88% |
| SMA200 | 95.61% | Volume | 154,391,072 | Change | 24.37% |
Nvidia Technical analysis
Based on the technical indicators, the prevailing sentiment towards NVIDIA Corporation (NVDA) appears to be Bullish. This suggests that the market participants are optimistic about the company’s future performance and expect the stock price to rise. Also, It appears to be a good time to buy NVIDIA Corporation (NVDA) stock.
Nvidia (NVDA) Stock Price Prediction and Forecast
If you take a look at short-term forecast, the stock price can hit around $600 in 2023, and over $1000 by 2025. Even, long-term forecast looks much promising since the stock price can reach over $1800 in 2028 and around $2000 in 2030.
| Year | Mid-Year | Year-End | Tod/End, % |
|---|---|---|---|
| 2023 | $547 | $697 | +75% |
| 2024 | $906 | $978 | +146% |
| 2025 | $1,006 | $1,047 | +163% |
| 2026 | $1,182 | $1,315 | +231% |
| 2027 | $1,447 | $1,577 | +297% |
| 2028 | $1,706 | $1,834 | +361% |
| 2029 | $1,961 | $2,001 | +403% |
| 2030 | $2,043 | $2,087 | +425% |
| 2031 | $2,133 | $2,181 | +448% |
| 2032 | $2,231 | $2,283 | +474% |
| 2033 | $2,338 | $2,396 | +502% |
| 2034 | $2,457 | $2,521 | +534% |
| 2035 | $2,582 | $2,654 | +567% |
| 2036 | $2,716 | $2,789 | +603% |
| 2037 | $2,858 | $2,933 | +642% |
| 2038 | $3,008 | $3,086 | +683% |
| 2039 | $3,167 | $3,248 | +726% |
| 2040 | $3,334 | $3,417 | +771% |
| 2041 | $3,511 | $3,595 | +818% |
| 2042 | $3,697 | $3,782 | +867% |
| 2043 | $3,893 | $3,978 | +918% |
| 2044 | $4,100 | $4,185 | +972% |
| 2045 | $4,318 | $4,401 | +1,029% |
| 2046 | $4,547 | $4,629 | +1,089% |
| 2047 | $4,788 | $4,868 | +1,152% |
| 2048 | $5,042 | $5,121 | +1,219% |
| 2049 | $5,309 | $5,383 | +1,288% |
| 2050 | $5,590 | $5,667 | +1,361% |
NVIDIA Stock Price Prediction 2023
In 2023, NVIDIA’s stock price is projected to increase by 75%, with a mid-year price of $547 and a year-end price of $697. This suggests a strong year for NVIDIA with substantial growth.
NVIDIA Stock Price Prediction 2024
The upward trend continues in 2024, with a predicted mid-year price of $906 and a year-end price of $978, marking a 146% increase from the current price. This indicates that NVIDIA’s momentum is expected to carry on into 2024.
NVIDIA Stock Price Prediction 2025
By 2025, NVIDIA’s stock price is expected to rise further, reaching $1,006 mid-year and $1,047 by year-end, a 163% increase from today. This suggests that NVIDIA’s growth is not only sustained but also accelerating.
NVIDIA Stock Price Prediction 2027
Fast forwarding to 2027, NVIDIA’s stock price is projected to soar to $1,447 mid-year and $1,577 by year-end, marking a 297% increase from the current price. This indicates a period of robust growth for NVIDIA.
NVIDIA Stock Price Prediction 2028
In 2028, the growth trajectory continues with NVIDIA’s stock price expected to reach $1,706 mid-year and $1,834 by year-end, a 361% increase from today. This suggests that NVIDIA’s strong performance is expected to persist.
NVIDIA Stock Price Prediction 2029
By 2029, NVIDIA’s stock price is projected to climb to $1,961 mid-year and $2,001 by year-end, a 403% increase from the current price. This indicates that NVIDIA’s growth trend remains strong and consistent.
NVIDIA Stock Price Prediction 2030
Entering the next decade, NVIDIA’s stock price is expected to reach $2,043 mid-year and $2,087 by year-end in 2030, marking a 425% increase from today. This suggests that NVIDIA’s growth is not only sustained but also accelerating into the new decade.
NVIDIA Stock Price Prediction 2035
Looking further into the future, by 2035, NVIDIA’s stock price is projected to soar to $2,582 mid-year and $2,654 by year-end, a 567% increase from today. This indicates a period of robust growth for NVIDIA.
NVIDIA Stock Price Prediction 2040
By 2040, NVIDIA’s stock price is expected to reach a staggering $3,334 mid-year and $3,417 by year-end, a 771% increase from the current price. This suggests that NVIDIA’s strong performance is expected to persist into the fourth decade.
NVIDIA Stock Price Prediction 2050
Finally, by 2050, NVIDIA’s stock price is projected to reach an impressive $5,590 mid-year and $5,667 by year-end, marking a 1,361% increase from today. This indicates that NVIDIA’s growth trend remains strong and consistent, even four decades into the future.
Read More: Rivian Stock Price Prediction & Forecast
What Nvidia (NVDA) news can influence the price in the future?
NVIDIA’s stock price can be influenced by a variety of factors in the future. Here are some key elements to consider:
- Financial Performance: NVIDIA’s financial reports, including revenue, net income, multipliers, and sales forecasts, can significantly impact the stock price. For instance, in July 2021, NVIDIA executed a 4-to-1 stock split, reducing the nominal value of shares and attracting private investors with smaller equity. This move propelled the corporation’s capitalization to a new all-time high by autumn.
- Cryptocurrency Market Trends: The popularity of cryptocurrency mining has led to a surge in demand for GPUs, providing additional sales for NVIDIA. The corporation is also venturing into the development of the metaverse, and the success of this new business could drive the stock price in the long term.
- Market Competition: NVIDIA operates in competitive segments, such as cloud gaming. Its gaming platform, NVIDIA GeForce, competes with Google Stadia, Microsoft Xbox Network, and Amazon Luna. News about additions to the platform, such as the inclusion of Electronic Arts projects, can have a short-term impact on the stock price and can be utilized in day trading strategies.
- Unforeseen Circumstances: Events like the recent pandemic can disrupt logistic chains and cause component shortages, leading to increased demand for NVIDIA products. Consequently, a return to normalcy could result in a decrease in the stock price.
Some Frequently Asked Question
Will NVIDIA shares continue to rise?
NVIDIA’s stock performance has been consistently strong, and our projections suggest this trend is set to continue. By the end of the current year, the median price could potentially reach around $697. Looking further ahead, experts predict that by 2025, NVIDIA’s stock price will likely remain above $1000, and could even soar to a peak of $2,043 by 2030.
Is NVIDIA a good investment right now?
The consensus among analysts appears to be positive towards NVIDIA. In the past year, 34 stock analysts have shared their opinions, with the majority (22) recommending a ‘Buy’ rating, while 8 suggest a ‘Sell’. The most recent recommendation leans towards a bullish outlook.
Will Nvidia Stock reach $1,000?
Given NVIDIA’s strategic positioning in the rapidly expanding cloud computing and data center solutions market, coupled with its innovative strides in Personal Visualization and the promising Omniverse project, the company’s future revenue growth prospects appear robust. These factors, along with expert predictions, suggest a strong potential for NVIDIA’s stock price to surpass the $1,000 mark by 2025.
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Disclaimer: The projections and price targets provided for NVDA” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.
