NVDA closed at $216.61, up 4%, on record volume. Alphabet and Meta earnings this week could push it further. Full breakdown. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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NVIDIA (NVDA) closed Monday at $216.61, up 4%, breaking its 52-week high on volume of 184.7 million shares. The stock is now up 108% from its 52-week low and at levels it has never traded before. The move comes ahead of Alphabet earnings Tuesday and Meta earnings Wednesday. Both companies are expected to report continued acceleration in AI infrastructure spending. NVDA is the primary hardware supplier for both. Revenue for the trailing twelve months hit $215.94 billion, up 65.5%, with net income up 64.7% to $120 billion. The forward PE sits at 24.97. For a company growing earnings at 65%+, that is a smaller premium to the market than it looks. The analyst consensus price target is $266, implying 22.9% upside from here. The risk is customer concentration. If Google, Amazon, or Meta pulls back on AI capex, NVDA feels it first. Right now, the data says they are not pulling back. Read the full analysis ›
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