Nvidia Corp (NVDA-Q)
453 watching
NASDAQ:NVDA
122.28
2.88
(2.30%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Sep 26, 2022, 8:00 pm
0
WATCH
computer software / processing
$130.820
No
WEAK BUY
It reports Tuesday. This has been beaten lately because it's linked to gaming and cryptos, both beaten up. However, Nvidia is innovative. Listen to what the CEO says. Shares tend to plunge, followed by long, long rallies.
computer software / processing
PAST TOP PICK
(A Top Pick Jul 07/22, Down 19%) Politics again. The company itself if doing fabulously well. NASDAQ isn't a powerhouse right now. NVDA has the best technology, the leader by a mile in many areas. He wouldn't sell, and would probably add.
computer software / processing
BUY
Buy tech? The software companies boasts large recurring revenues, which makes them attractive. Also, there's a big shift to the cloud which will continue even during a soft economy. So, many large-cap software stocks like MSFT are relatively expensive. However, the semis look cheaper, like Nvidia which is down more than 50% YTD and not cheap, but historically yes. They are innovative. A buy.
computer software / processing
HOLD
Definitely a hold but a core holding. Their earnings report wasn't great as it faces lots of headwinds like a strong US dollar. But they are innovative and way ahead of its peers.
computer software / processing
DON'T BUY
Nvidia remains expensive. [bad audio] They don't deserve a multiple that's twice the market.
computer software / processing
PAST TOP PICK
(A Top Pick Jul 21/22, Down 22.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NVDA has triggered its stop at $140. To remain disciplined, we recommend covering the position at this time.
computer software / processing
BUY on WEAKNESS
Shares are down 50% off highs and an analyst today sees even more downside because a large segment of chips are used in gaming and crypto mining Is not shocked by their latest numbers. Gaming saw a jump in demand during Covid, and now the stock is in normalization mode. They missed on revenues and earnings, but data centre numbers were up--that's resilient. Will be volatility short term. They remain an innovative company, so he's holding long term and will buy on dips.
computer software / processing
HOLD
Shares are down 50% off highs and an analyst today sees even more downside because a large segment of chips are used in gaming and crypto mining It's no mystery that demand for chips used in crypto mining doesn't exist now. This was a $320 stock and now $160. Is this news to anyone? At least 80-90% of the crypto segment has been priced in--the market isn't blindsided by this. Also, this has always been a high-beta (1.65) stock. But this volatility works in both ways, and at some point a lot of this negativity about things like gaming will be fully priced into this story.
computer software / processing
DON'T BUY
They report this week, but pre-reported already a miss. Forecast is already low. Semis are in a rough time.
computer software / processing
TOP PICK
NVIDIA is the pioneer of GPU-accelerated computing. The Company specializes in products and platforms for the large, growing markets of gaming, professional visualization, data center, and automotive. Its creations are loved by the most demanding computer users in the world – gamers, designers, and scientists. And its work is at the center of the most consequential mega-trends in technology. Social media mentions are up 2900% in the past 24h.
computer software / processing
HOLD
Today they announced a stunning shortfall with weakness in videogaming, high-performing computing and maybe even crypto mining. They blamed a spending slowdown, supply chain woes and too much inventory--but this is happening to every company. He own this, but trimmed at a higher price. He remains long on this. Perhaps part of the economy that are weakening are effecting NVDA, namely videogames. Nvidia's chips are made for lifelike experiences, but after Covid people want real-life experiences. It has too much consumer exposure and not enough enterprise exposure. Nvidia can reset and survive, but it won't be a quick turnaround, given the cyclicality of the chips business for one reason. He still believes in Nvidia, but the company will need to prove itself all over again.
computer software / processing
TOP PICK
Believes is a very strong company with good management.
Gaming segment may present challenges in near term.
Long term, thinks gaming business will remain strong.
Data center segment of the company will remain pillar of the company.
Weakness in gaming market will be overshadowed by data center business.
computer software / processing
TOP PICK
Stockchase Research Editor: Michael O'Reilly The US Senate passed legislation creating a $54 billion subsidy for US based semiconductor chip foundries like NVDA. Recently reported earnings support a ROE of 43% and forward valuation of 28x earnings. It pays a good dividend, backed by a payout ratio under 10% of cash flow. We like that quarterly cash reserves are growing while they buy back stock. We recommend a stop loss at $140, looking to achieve $255 -- upside potential over 42%. Yield 4.29% (Analysts’ price target is $254.30)
computer software / processing
TOP PICK
Supply chain issues and recent loss of acquisition candidate has been tough on the stock. Great management, amazing free cash flow, and attractive PE. Daren Sissons and Jim Cramer recently gave BUY signals. Social media mentions are up 185% over the past 7 days.
computer software / processing
Nvidia Corp(NVDA-Q) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 35
Neutral - Hold Signals / Votes : 5
Bearish - Sell Signals / Votes : 6
Total Signals / Votes : 46
Nvidia Corp(NVDA-Q) Frequently Asked Questions
What is Nvidia Corp stock symbol?
Nvidia Corp is a American stock, trading under the symbol NVDA-Q on the NASDAQ (NVDA). It is usually referred to as NASDAQ:NVDA or NVDA-Q
Is Nvidia Corp a buy or a sell?
In the last year, 46 stock analysts published opinions about NVDA-Q. 35 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nvidia Corp.
Is Nvidia Corp a good investment or a top pick?
Nvidia Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Nvidia Corp.
Why is Nvidia Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Nvidia Corp worth watching?
46 stock analysts on Stockchase covered Nvidia Corp In the last year. It is a trending stock that is worth watching.
What is Nvidia Corp stock price?
On 2022-09-26, Nvidia Corp (NVDA-Q) stock closed at a price of $122.28.
All the semis have come off a lot, given weaker demand. They supply chips for Bitcoin mining, which is cyclical; when Bitcoin prices pull back, it hits demand for chips. Also, this mining uses a lot of energy and therefore is costly. So, the outlook for NVDA is uncertain. Also, their PE remains high and still not cheap.