NVIDIA (NVDA) Stock Price

Financial Performance

NVIDIA's revenue has shown a significant increase of 51% YoY and 12.1% QoQ, reaching $39.3B in the last quarter. Gross profit also increased by 40.8% YoY and 9.8% QoQ to $28.7B, indicating an effective cost management strategy. The operating income followed a similar trend with a rise of 42.1% YoY and 9.9% QoQ to $24B, demonstrating strong operational efficiency. An EBITDA ratio of .66 suggests that NVIDIA is generating healthy profits.

Stock Price

The stock price is currently at $111.01, showing a decline of -8.8% over the past month which might be due to market volatility or temporary factors affecting investor sentiment negatively towards the tech sector as a whole or NVIDIA in particular.The RSI value stands at around mid-range (52.29), suggesting balanced buying and selling pressure recently while the stock's price remains below its long-term (200-day) moving average of $125.57 which could indicate a negative trend for investors who use this technical indicator for their investment decisions.

Alternative Data Signals

Website traffic has seen a decrease by -36.4% YoY and -7.9% MoM which might signal lower interest from consumers or other stakeholders in NVIDIA's offerings or brand overall but this can be offset by the sharp increase in app downloads (up by 1844.% YoY and up by an impressive 2475.% MoM). This shows high user engagement on mobile platforms which could translate into higher revenues going forward if monetized effectively.Job postings have decreased significantly (-50%) compared to last year which might suggest a slowdown in hiring or growth but employee sentiment remains highly positive with 92% reporting a positive business outlook. Social media followers have increased across all platforms (Twitter, Instagram, Facebook) over the past 90 days indicating growing brand awareness and popularity.

Conclusion

Despite some short-term challenges reflected in the recent stock price performance and website traffic trends, NVIDIA's strong financial performance, high user engagement on mobile platforms and positive employee sentiment make us moderately bullish about its future prospects.

Note: This AI Stock Analysis is based on data as of April 26. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of NVIDIA (NVDA), currently trading at $108.6, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.