NVIDIA Corporation (NVDA) Latest Stock News & Headlines - Yahoo Finance (2024)

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NasdaqGS - Nasdaq Real Time Price USD

1,142.73 -7.27 (-0.63%)

As of 10:15 AM EDT. Market Open.

All SEC Filings

Corporate Changes & Voting Matters

Periodic Financial Reports

Proxy Statements

Tender Offer/Acquisition Reports

Offering Registrations

  • Elon Musk ordered Nvidia to prioritize chips for X, xAI: CNBC Tesla (TSLA) CEO Elon Musk reportedly ordered Nvidia (NVDA) to ship out and divert AI chips originally meant for Tesla to X and Musk's xAI startup, according to emails obtained by CNBC. The Morning Brief team reports on this. For more expert insight and the latest market action, clickhereto watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

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  • Nvidia: BofA lifts price target on new AI chip announcement Shares of Nvidia (NVDA) are soaring on Monday following the company's announcement of new AI chips, sparking optimism among investors and analysts. In a bullish move, Bank of America analysts have raised their price target on the chipmaker to $1,500, up from the previous target of $1,320. Yahoo Finance's Seana Smith and Madison Mills break down the details, providing insight into the intensifying competition as AMD (AMD) unveiled its own AI chip. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith

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  • Musk asks Nvidia to ship AI chips booked for Tesla to X and xAI, CNBC reports "Elon prioritizing X H100 GPU cluster deployment at X versus Tesla by redirecting 12K of shipped H100 GPUs originally slated for Tesla to X instead," an internal Nvidia memo from December showed, according to the CNBC report. "In exchange, original X orders of 12K H100 slated for Jan and June to be redirected to Tesla," the memo said. Tesla did not immediately respond to a Reuters request for comment, while Nvidia declined to comment.

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  • Massive News for Nvidia Stock Investors Nvidia is innovating its technology at a blistering pace.

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Performance Overview

Trailing total returns as of 6/4/2024, which may include dividends or other distributions. Benchmark is S&P 500

Return NVDA S&P 500
YTD +130.76% +10.44%
1-Year +190.66% +23.02%
3-Year +574.71% +25.64%
NVIDIA Corporation (NVDA) Latest Stock News & Headlines - Yahoo Finance (2024)

FAQs

What is the target price for Nvidia? ›

The average Wall Street forecast for Nvidia's earnings in 2026 overall is $4.10 and the average price target on the stock is $126.24, according to FactSet. “The real narrative lies in the software that complements all the hardware goodness.

Is it a good time to buy Nvidia stock? ›

Out of the 40 analysts covering NVDA stock, 35 recommend “strong buy,” two recommend “moderate buy,” and three recommend “hold.” Given this bullish configuration, there may be more price-target increases still to come. Nvidia is valued at a premium due to its stellar sales and earnings growth.

What was the Nvidia IPO price? ›

NVIDIA went public on January 22, 1999 at $12/share.

Is Nvidia an American company? ›

NEW YORK -- Nvidia surpasses Microsoft to become the most valuable U.S. company.

What will Nvidia be worth in 5 years? ›

Based on the company's fiscal 2024 earnings of $12.96 per share, its bottom line could jump to $58.11 per share after five years, assuming it does increase at the predicted rate.

How much will Nvidia be worth in 2030? ›

Nvidia (NVDA) continues to prove itself a formidable force in the chip space, seeing upwards of 130% year-to-date gains in its stock price. As of Tuesday, June 3, Nvidia holds a market cap of $2.79 trillion, but this analyst believes it can excel to as high as $10 trillion by 2030.

Is Nvidia a safe long term investment? ›

Here's Morningstar's take on what to look for in Nvidia's earnings and its outlook for Nvidia stock. With its 3-star rating, we believe Nvidia's stock is fairly valued compared with our long-term fair value estimate of $910 per share, which implies an equity value of roughly $2.2 trillion.

Is it late to invest in Nvidia? ›

An easy answer. There's an easy answer to this question: It's absolutely not too late to buy Nvidia stock. Why is this answer so easy? The stock split changes nothing about the company's business.

Who owns the most Nvidia stock? ›

Top Shareholders
Holder# of SharesType
iShares964,420,901Institution
Jen Hsun Huang867,287,230Insider
SPDR702,136,619Institution
Invesco276,690,286Institution
6 more rows

What is the highest Nvidia stock price ever? ›

The all-time high NVIDIA stock closing price was 135.58 on June 18, 2024.

Which stock is splitting in 2024? ›

Sony Group is also the cheapest stock-split stock among the eight top-notch businesses to announce a split in 2024. Shares of the company can be scooped up for less than 15 times forward-year earnings. The icing on the cake is that Sony Group's board authorized a share repurchase program in addition to its split.

Will Nvidia overtake Microsoft? ›

Now, Nvidia's surge in stock has also led it to overtake Microsoft as the world's most valuable company, which can be attributed in part to the popularity of its high-end chips. Businesses are continuing to get their hands on these processors, as they enable a faster way to develop and deploy AI.

Is Nvidia the richest company in the world? ›

AI frenzy makes Nvidia the world's most valuable company. Chip-maker Nvidia became the world's most valuable company after its share price climbed to an all-time high on Tuesday. It is now worth $3.34tn (£2.63tn), with the price having nearly doubled since the start of this year.

Is Nvidia worth more than Apple? ›

Nvidia shares rose 3.5% on Tuesday, giving it a market value of about $3.34 trillion. That pushed the semiconductor bellwether past Microsoft and Apple, which had been jostling for the top spots in recent days.

What will Nvidia be worth in 2025? ›

Long-Term NVIDIA Stock Price Predictions
YearPredictionChange
2025$ 236.0780.23%
2026$ 425.46224.83%
2027$ 766.81485.44%
2028$ 1,382.03955.15%
2 more rows

What is the fair price of Nvidia? ›

As of 2024-06-19, the Fair Value of NVIDIA Corp (NVDA) is 43.29 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 135.58 USD, the upside of NVIDIA Corp is -68.1%.

What is the price potential for Nvidia? ›

He boosted his price target on Nvidia's stock (NVDA) to $160 from $145, with the new target implying 21% upside from the stock's closing price on Friday. His target is based on a multiple of about 51.5 times his estimated adjusted earnings per share for calendar 2025.

What will be the price target of NVDA in 2040? ›

Key takeaways:
20252040
Nvidia Stock Forecast (5% yearly growth)$933$2,038
Nvidia Stock Forecast (S&P 500 historical 11.13% ROI)*$988$5,346
Nvidia Stock Forecast (QTEC historical 15.2% ROI)**$1,024$9,854
Mar 20, 2024

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