Moreover, at, which measures analysts’ target prices from reports written in the last three months, the average price target is $359.17. Their average price target from 41 analysts is $341.20, or just slightly over the Seeking Alpha estimate. The same is true at Yahoo! Finance, which uses analyst estimates from Refinitiv. That implies an upside of just 20% from today’s price. But their average price is $335.41 per share. For example, according to Seeking Alpha, there are 42 analysts who have written price targets on the stock. So far, analysts on Wall Street are still positive on NVDA stock, albeit not as enthusiastic as I am. That also implies that NVDA stock should trade 51% higher than its price today by sometime during 2022, assuming these forecasts pan out. As a result, NVDA stock should be worth at least 50.9% higher than its price today (i.e., $1,050b/$698b -1=0.591). Now compare this to the existing market value of Nvidia. As a result, using a 1% FCF yield metric, the value of the stock is worth $1,050 billion, or $1.05 trillion. So even if we apply a lower 30% margin to the $35.1 billion revenue forecast, the FCF forecast will be $10.5 billion. This represents an 18.1% growth rate over the $26.68 billion revenue forecast for the year ending Jan. Valuing NVDA StockĪnalysts now forecast that revenue will rise to $35.1 billion for the year ending Jan. And compared to its nine-month revenue of $19.27 billion, the FCF margin was around 41%. In addition, for the nine months ending Oct. This implies that its FCF margin was 18%. FCF was reported by the company as $1.276 billion for the quarter. Moreover, Nvidia produced an operating profit of $2.671 billion on the $7.1 billion in revenue, or a 37.6% operating margin. 31, showing that revenue was up 50% year-over-year to $7.1 billion.Ĭhief Executive Officer Jensen Huang, who is also the founder of the company, said that “Demand for NVIDIA is surging, driven by hyperscale and cloud scale-out.” He also said that there was “broadening adoption by more than 25,000 companies” for their products. 17, Nvidia released its Q3 earnings for the quarter ending Oct.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |