Nvidia (NVDA) Stock Sinks As Market Gains: Here’s Why
From Nasdaq: 2025-02-19 17:45:19
In the latest trading session, Nvidia (NVDA) closed at $139.23, with a -0.12% change from the previous day. The stock fell behind the S&P 500’s 0.24% gain, while the Dow and Nasdaq saw increases of 0.16% and 0.08% respectively. Nvidia’s shares have decreased by 1.02% in the past month.
Nvidia is set to announce its financial results on February 26, 2025, with an expected EPS of $0.84, a 61.54% increase from the previous year. Revenue is forecasted to be $37.72 billion, reflecting a 70.68% growth year-over-year. Analysts’ revisions to estimates indicate positivity towards the company’s operations and profit potential.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), currently rates Nvidia at #2 (Buy). The company’s Forward P/E ratio of 33.13 is below the industry average of 33.62. With a PEG ratio of 1.66, Nvidia’s projected earnings growth is favorable compared to the industry average of 2.19.
Nvidia operates in the Semiconductor – General industry within the Computer and Technology sector, holding a Zacks Industry Rank of 63, placing it in the top 26% of all industries. Industries with higher Zacks ranks tend to outperform lower-ranked industries. Investors can track these metrics and more on Zacks.com for informed decision-making.
Zacks’ Research Chief has identified stocks with the potential to double in value, with one financial firm standing out as the top pick. This innovative company, with a growing customer base and cutting-edge solutions, is positioned for significant growth. Past Zacks’ stock picks like Nano-X Imaging have seen gains exceeding +100%.
For further insights and stock analysis, investors can access reports and recommendations from Zacks Investment Research. Stay informed on the latest market updates and stock recommendations to make informed investment decisions.
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