Nvidia (NVDA) Beats Stock Market Upswing: What Investors Need to Know

From Nasdaq:

The recent trading session ended with Nvidia (NVDA) at $598.73, a +0.37% shift from the previous day. Shares gained 22.17% in the last month, outperforming the Computer and Technology sector and the S&P 500.

Nvidia is expected to release its earnings soon, with an anticipated EPS of $4.49 and revenue of $20.1 billion. Analysts are optimistic about the company’s future, with a Zacks Rank of #2 (Buy).

Nvidia is currently trading at a Forward P/E ratio of 48.48, a premium compared to the industry average. The company also has a PEG ratio of 3.59 and is part of an industry ranked in the bottom 9% by Zacks Industry Rank.

To follow these and more stock-moving metrics, visit Zacks.com during the upcoming trading sessions. You can also download Zacks’ latest recommendations for free by clicking the link provided.



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