NVIDIA (NVDA)

Financial Performance

NVIDIA's financial performance has been strong with revenue at $30B, a rise of 15.3% from the previous quarter and up by a significant 65.8% year over year. Gross profit is also impressive at $22.6B, showing an increase of 10.6% from the previous quarter and up by 68.5% year over year. The operating income profit was $18.6B, indicating a solid growth of 10.2% from the previous quarter and up by an outstanding 79% year over year.

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

Stock Price

The stock price is currently trading at $138.25, marking an increase by around 195.7% YoY and about a month-over-month growth rate of approximately 5%. The RSI value at present is around the middle range (45) suggesting that it's neither particularly oversold nor overbought.

The stock's current price is significantly higher than its average for the past several months ($111). This could indicate that NVIDIA's stock is trending upwards in recent times.

Alternative Data Signals

NVIDIA’s web traffic has increased slightly MoM but decreased YoY which might be due to seasonal factors or changes in marketing strategy.

The number of daily downloads for NVIDIA’s mobile apps have seen exponential growth both MoM and YoY suggesting increasing user engagement which may lead to future revenue growth.

Despite having no change in job openings this month, employee sentiment seems very positive with about 93% reporting a positive business outlook - although this figure shows a slight decrease YoY.

On the social media front, NVIDIA has seen steady growth in followers across Twitter, Instagram and Facebook over the last 90 days which could indicate growing public interest and brand recognition.

Conclusion

In summary, given NVIDIA's strong financial performance, positive stock price trends and alternative data signals such as increasing app downloads and social media followers, this analysis is bullish on NVIDIA's stock.

Note: This AI Stock Analysis is based on data as of November 30. 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 $138.3, 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.