NVIDIA Corporation (NVD.F) Stock Price

Financial Performance

NVIDIA Corporation's Q4 revenue was €39.3B, reflecting a growth of 12.1% from the previous quarter and an impressive 51% YoY increase. The gross profit stood at €28.7B, marking a quarterly rise of 9.8%, and YoY growth of 40.8%. The operating income also increased by 9.9% from the previous quarter to €24B, up by 42.1% YoY, indicating strong operational efficiency. With an EBITDA ratio of 0.66 last quarter, NVIDIA has demonstrated good profitability.

Stock Price

The stock is currently trading at €103.98, down by -21.4% in the past month which indicates recent bearish sentiment among investors despite robust financial performance indicators such as revenue and profit growth rates being positive.The RSI value is currently at a low level of 24.18 suggesting that the stock could be oversold and might rebound soon . The stock's price is below its 200-day moving average (€120), indicating that it may be in a longer-term downtrend.

Alternative Data Signals

NVIDIA Corporation’s website traffic has been growing with around estimated monthly visitors increasing by approximately19.6% MoM ,and up by29.% YoY . This suggests high interest levels in the company's products or services which can translate into higher sales figures going forward . App downloads have surged dramatically on a MoM basis but are lower compared to last year ,which indicates mixed signals about user engagement with their mobile apps . Job openings decreased significantly both on MoM and YoY basis suggesting that they might not be looking for significant expansion right now . Employee business outlook remains very positive at 93% ,although it has slightly declined YoY . Their social media presence is growing across all platforms which can help in brand awareness and marketing efforts.

Conclusion

Despite the recent drop in stock price, NVIDIA Corporation's solid financial performance, strong website traffic, high employee business outlook, and growing social media presence suggest that the company's fundamentals remain strong. Therefore, this analysis is moderately bullish on NVIDIA Corporation's stock.

Note: This AI Stock Analysis is based on data as of March 08. Our members can refresh and get access to an up-to-date AI stock analysis.

Sign up

Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of NVIDIA Corporation (NVD.F), currently trading at €111.5, 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.