Positive. NVIDIA (NVDA) showing strong potential for earnings growth and revenue increases, recommended as a buy.

From Nasdaq: 2025-01-21 09:00:17

Nvidia (NVDA) has seen a -1.4% return in the past month, compared to the Zacks S&P 500 composite’s +1.2%. Analysts project a 61.5% increase in earnings per share for the current quarter. The company’s revenue forecast for the next fiscal year is +48.7%. Nvidia is currently rated Zacks Rank #2 (Buy).

Nvidia’s revenue growth forecast shows a potential +70.7% change year-over-year for the current quarter. The company reported a +93.6% increase in revenues in the last quarter. The stock has beaten consensus EPS and revenue estimates in the last four quarters. Nvidia is currently trading at a premium to its peers.

Experts have identified Nvidia as a stock to watch, with a Zacks Rank #2 suggesting potential outperformance in the near term. Additionally, Zacks has released a list of 7 elite stocks with a history of outperforming the market, offering potential gains of +24.1% per year. Investors are advised to pay attention to these top picks.



Read more at Nasdaq: Investors Heavily Search NVIDIA Corporation (NVDA): Here is What You Need to Know