NVIDIA (NVDA) Stock Price

Financial Performance

NVIDIA's financial performance shows a positive trend with the company reporting revenue of $39.3B in the last quarter, reflecting an increase of 12.1% from the previous quarter and a significant rise of 51% year over year. The gross profit was $28.7B, up by 9.8% from the previous quarter and up by 40.8% YoY. Their operating income profit also saw a similar upward trend at $24B, increasing by 9.9% from the previous quarter and up by 42.1% YoY.

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

Stock Price

The current stock price stands at $170.29, despite experiencing a -5.6% dip in the last month which might be due to market volatility or temporary factors affecting tech stocks overall.

In terms of technical indicators, NVIDIA has an RSI value of approximately 38 which indicates that it is nearing oversold territory suggesting potential upside when it reverses course.

The stock's robustness can be seen through its strong long-term trend as indicated by its above average position relative to its 200-day moving average ($140). Its PE ratio stands at high levels (48), indicating investors' willingness to pay premium for future growth prospects.

Alternative Data Signals

NVIDIA's web traffic shows a positive trend with an estimated monthly visitor count of around thirty-six million, marking an increase both month-over-month and year-over-year.

Job openings have surged by about fifty percent both on MoM and YoY basis underlining aggressive expansion plans.An impressive 93% of employees report a positive business outlook, indicating high morale and confidence in the company's future.

Social media following across platforms (Twitter, Instagram, Facebook) has seen a steady rise over the last quarter which could indicate growing brand recognition and popularity among consumers.

Conclusion

In conclusion, despite short-term fluctuations in stock price NVIDIA exhibits strong financial performance with consistent growth in revenue and profit. The company also shows promising alternative data signals such as rising web traffic, increasing job openings and a growing social media presence. Therefore, our AI analysis is bullish on NVIDIA's stock.

Note: This AI Stock Analysis is based on data as of September 17. 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 $170.3, will... Sign up to access price prediction.