NVIDIA (NVDA)

Financial Performance

NVIDIA's financial performance has been strong with a significant increase in revenue, gross profit and operating income. Revenue for the last quarter was $30B, reflecting an impressive growth of 65.8% year over year while gross profit stood at $22.6B, up by 68.5% YoY. The operating income also showed a robust growth of 79% YoY reaching $18.6B.

The EBITDA ratio of 0.66 indicates that NVIDIA is generating considerable income from its operations.

Stock Price

The stock price is currently trading at $135.34, showing an upward trend with a gain of 2.8% in the last month and a substantial increase of 181.2% YoY which significantly outperforms the market average.

The RSI value stands at around the mid-point (48.23), suggesting that the stock is neither overbought nor oversold at this time.

The stock's PE ratio is relatively high at 53.49 indicating investors are expecting high future earnings growth from NVIDIA.

Alternative Data Signals

NVIDIA's website traffic has seen a slight monthly increase but there has been a decline on an annual basis which could be due to various factors such as changes in marketing strategy or user behaviour change towards app usage rather than website visits.

There has been exponential growth in app downloads which can indicate growing interest and engagement with NVIDIA's products/services.

A substantial number of job openings along with positive employee business outlook suggests expansion plans and internal optimism about the company's future prospects.

Social media followers have shown steady growth across all platforms indicating increasing brand awareness and popularity.

Conclusion

Overall, the analysis is bullish on NVIDIA's stock given its strong financial performance, upward trending stock price and positive alternative data signals. However, the high PE ratio suggests that much of this optimism may already be priced into the stock.

Note: This AI Stock Analysis is based on data as of November 28. 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 $135.3, 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.