Forecasting NVIDIA Corporation (NVDA) Share Price : NVIDIA Corporation (NASDAQ: NVDA) is a leader in graphics processing units (GPUs) and artificial intelligence (AI) technologies. Predicting its share price involves looking at market trends, technological advancements, and financial performance.
Forecasting NVIDIA Corporation (NVDA) Company History
NVIDIA was founded in April 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem. It introduced the GeForce 256 in 1999, the world’s first GPU. Since then, NVIDIA has expanded into high-performance computing, mobile processors, and AI technologies.
In the 2000s, NVIDIA grew significantly, acquiring companies like 3dfx, MediaQ, and Ageia. The acquisition of Mellanox Technologies in 2020 and the planned acquisition of Arm Holdings have strengthened its position in AI and data centers.
| Aspect | Details |
|---|---|
| Company Name | NVIDIA Corporation |
| Stock Ticker | NASDAQ: NVDA |
| Founded | April 1993 |
| Founders | Jensen Huang, Chris Malachowsky, Curtis Priem |
| Headquarters | Santa Clara, California, USA |
| Key Product | Graphics Processing Units (GPUs) |
| Major Innovations | GeForce 256 (world’s first GPU), AI technologies |
| Market Capitalization | Approximately $1.1 trillion (as of 2024) |
| Revenue (Fiscal Year 2023) | $27 billion |
| Net Income (Fiscal Year 2023) | $9.7 billion |
| IPO Date | 1999 |
| IPO Price | $12 per share |
| Share Price (June 2024) | Approximately $435 |
| Major Acquisitions | 3dfx, MediaQ, Ageia, Mellanox Technologies, Arm Holdings (planned) |
| Key Markets | GPUs, AI, high-performance computing, mobile processors, data centers |
| Growth Areas | Autonomous vehicles, healthcare, edge computing |
Financial Performance
As of 2024, NVIDIA’s market capitalization is about $1.1 trillion. For the fiscal year 2023, it reported revenues of around $27 billion and a net income of about $9.7 billion. This success is due to its dominance in the GPU market and strategic acquisitions.
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.92B | 16.68B | 26.91B | 26.97B | 60.92B | 122.88B | 163.04B | 191.89B | 200.26B | 206.58B |
| Revenue Growth | -6.81% | 52.73% | 61.40% | 0.22% | 125.85% | 101.70% | 32.68% | 17.70% | 4.36% | 3.16% |
| EPS | 0.11 | 0.17 | 0.39 | 0.17 | 1.19 | 2.76 | 3.68 | 4.28 | 45.08 | 45.55 |
| EPS Growth | -31.93% | 53.10% | 122.54% | -54.81% | 585.63% | 131.52% | 33.12% | 16.53% | 952.06% | 1.04% |
| Forward PE | – | – | – | – | – | 45.83 | 34.42 | 29.54 | 2.81 | 2.78 |
| No. Analysts | – | – | – | – | – | 56 | 54 | 32 | 5 | 4 |
| Year | Milestone |
|---|---|
| 1993 | NVIDIA Corporation is founded by Jensen Huang, Chris Malachowsky, and Curtis Priem |
| 1999 | Introduces GeForce 256, the world’s first GPU |
| 2000s | Acquires 3dfx, MediaQ, and Ageia, significantly expanding its technological capabilities |
| 2020 | Acquires Mellanox Technologies, strengthening its position in the AI and data center markets |
| 2020 | Announces planned acquisition of Arm Holdings to further enhance its technological portfolio |
Forecasting NVIDIA Corporation (NVDA) Share Price Overview
Since its IPO in 1999 at $12 per share, NVIDIA’s stock has significantly increased. By June 2024, its share price was around $435, reflecting the company’s financial strength and technological leadership.
Financial Performance
As of 2024, Vital Farms has a market capitalization of about $1 billion. The company has grown steadily, with revenues for fiscal year 2023 around $350 million. Its commitment to ethical practices and sustainability has resonated with consumers.
Share Price Overview
Since its IPO in 2020, Vital Farms’ share price has fluctuated based on market dynamics and investor sentiment. By June 2024, the share price was around $25, supported by the company’s strong brand and commitment to sustainability.
2024 to 2025
In the short term, NVIDIA’s share price is expected to benefit from strong financial performance and market position. Analysts predict it could reach between $500 to $600 by the end of 2025, driven by growth in AI and data centers.
Share Price Prediction: 2024 to 2030
Long-term, NVIDIA’s share price will depend on maintaining technological leadership and expanding into new markets. By 2030, optimistic projections suggest it could exceed $1000, assuming favorable economic conditions and successful strategic initiatives. Several factors will influence Vital Farms’ share price:
- Consumer Trends: Increasing demand for ethically produced and sustainable food products will benefit Vital Farms.
- Market Expansion: Expanding product lines and entering new markets will drive revenue growth.
- Economic Conditions: Economic stability and consumer spending patterns will influence financial performance.
- Regulatory Environment: Food industry regulations and sustainability standards will impact operations.
Conclusion
Both NVIDIA Corporation and Vital Farms are positioned for growth in their respective markets. NVIDIA’s share price should benefit from its leadership in AI and technology, while Vital Farms is likely to grow due to increasing consumer demand for sustainable and ethical food products. Although long-term predictions carry uncertainties, both companies have strong foundations for a promising future.
What is the NVIDIA stock forecast?
The NVIDIA stock forecast for tomorrow is $ 125.69, which would represent a -0.69% loss compared to the current price. In the next week, the price of NVDA is expected to decrease by -6.77% and hit $ 118.00.
As far as the long-term NVIDIA stock forecast is concerned, here’s what our predictions are currently suggesting (these predictions are based on the 10-year average growth of NVDA):
- NVIDIA stock prediction for 1 year from now: $ 55.76 (-55.94%)
- NVIDIA stock forecast for 2025: $ 228.12 (80.23%)
- NVIDIA stock prediction for 2030: $ 4,338.11 (3,327.44%)
What is the NVIDIA stock prediction for 2025?
According to our NVIDIA stock prediction for 2025, NVDA stock will be priced at $ 228.12 in 2025. This forecast is based on the stock’s average growth over the past 10 years.
What is the NVIDIA stock prediction for 2030?
According to our NVIDIA stock prediction for 2030, NVDA stock will be priced at $ 4,338.11 in 2030. This forecast is based on the stock’s average growth over the past 10 years.
Will NVIDIA stock reach $2,000?
NVIDIA stock would need to gain 1,480.15% to reach $2,000. According to our NVIDIA stock forecast, the price of NVIDIA stock will not reach $2,000. The highest expected price our algorithm estimates is $ 125.69 by Jun 25, 2024.
Will NVIDIA stock reach $5,000?
NVIDIA stock would need to gain 3,850.38% to reach $5,000. According to our NVIDIA stock forecast, the price of NVIDIA stock will not reach $5,000. The highest expected price our algorithm estimates is $ 125.69 by Jun 25, 2024.
Will NVIDIA stock reach $10,000?
NVIDIA stock would need to gain 7,800.77% to reach $10,000. According to our NVIDIA stock forecast, the price of NVIDIA stock will not reach $10,000. The highest expected price our algorithm estimates is $ 125.69 by Jun 25, 2024.
Is NVIDIA a good stock to buy?
Based on our NVIDIA stock forecast, NVIDIA stock is currently not a good stock to buy. This is because the price of NVIDIA stock is expected to increase by -55.94% in the next year.
What’s the NVIDIA stock price prediction for tomorrow?
The NVIDIA stock price prediction for tomorrow is $ 125.69, based on the current market trends. According to the prediction, the price of NVDA stock will decrease by -0.69% in the next day.
What’s the NVIDIA stock price prediction for next week?
The NVIDIA stock price prediction for next week is $ 118.00, which would represent a -6.77% drop in the NVDA stock price.
Will NVIDIA stock go up tomorrow?
According to our prediction, NVIDIA stock will not go up tomorrow. Based on the current trends, our prediction estimates that the price of NVDA stock will decrease by -0.69% in the next day.
Will NVIDIA stock go down tomorrow?
Our prediction anticipates that NVIDIA stock will go down tomorrow. Our forecast estimates that NVDA will lose -0.69% in the next day and reach a price of $ 125.69.
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