Alert: New Earnings Report (11/20/24)-NVIDIA Corporation (NASDAQ: NVDA).

out_logo_500#28350.jpg

NVIDIA Corporation (NASDAQ: NVDA) has reported E.P.S. of $0.79 for its third fiscal quarter (ending October 31) versus $3.75 for the same period a year ago — a decline of -79%. For the latest four quarters through October 31, E.P.S. were $2.57 compared to $7.64 a year ago — a decline of -66%.

Recent Price Action

out_mm#28350.jpg
NVIDIA Corporation (NASDAQ: NVDA) stock closed at $145.89 on 11/20/24 after a slight decline of -0.8%. Moreover, above average trading volume at 122% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.6% during the last week.

Current PriceTarget Research Rating

NVIDIA has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. NVIDIA has a slightly positive Appreciation Score of 67 and a very high Power Rating of 94, leading to the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*