NVIDIA (NVDA) Stock Price

Financial Performance

NVIDIA has shown a strong financial performance with its revenue at $39.3B, representing a 12.1% quarterly growth and a substantial 51% YoY growth. The gross profit of $28.7B also shows an upward trend, growing by 9.8% from the previous quarter and by 40.8% YoY. Operating income is also on the rise at $24B, which is up by 9.9% QoQ and by 42.1% YoY.

The EBITDA ratio stands at a healthy level of 0.66 indicating good profitability.

Stock Price

NVIDIA's stock price is currently trading at $133.64, showing an impressive increase of 19.1% over the past month and a significant increase of 41.2% YoY.The PE ratio stands at high level of 45,45 suggesting that investors are willing to pay more for each unit of net income because they expect the company to have high earnings growth in future.

From technical perspective, RSI value is currently above average at around 80 which may suggest that the stock is overbought in short term but it can be considered as bullish sign for long term investors.The stock's price is well above its moving average line ($125) indicating strong upward momentum.

Alternative Data Signals

In terms of alternative data signals, NVIDIA’s web traffic seems to have decreased significantly both MoM (-12%) and YoY (-51%). However mobile app downloads have seen exponential growth both MoM (2882%) and YoY (3749%), suggesting increased user engagement with their digital platforms.

The number of job postings is currently at 1000, showing a significant reduction YoY (-50%) but remaining steady MoM. This could indicate a slowdown in hiring or a shift in business strategy. The business outlook among employees remains extremely positive with 92% reporting optimism, despite slight decreases both MoM and YoY.

On the social media front, NVIDIA has shown consistent growth across all platforms (Twitter up by 16%, Instagram up by 9.7%, Facebook up by 1.4% over the last quarter), indicating growing brand recognition and user engagement.

Conclusion

In conclusion, while there are some negative signals such as decrease in web traffic and job postings, these are offset by strong financial performance, bullish stock price trends and positive alternative data signals like app downloads and social media following. Therefore the overall analysis of NVIDIA's stock performance is bullish.

Note: This AI Stock Analysis is based on data as of May 15. 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 $135.4, 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.