Nvidia stock drops slightly but outperforms S&P 500, earnings predicted positively

From Nasdaq: 2025-04-14 17:45:00

Nvidia (NVDA) closed at $110.71, down -0.2% from the previous session, outperforming the S&P 500. Shares had dropped 8.83% in the past month, lagging behind the sector. Earnings are set for May 28, with predicted EPS of $0.93 and revenue of $43.22 billion. Analysts continue to revise estimates positively.

Nvidia’s stock is currently rated a #2 (Buy) on the Zacks Rank, with a Forward P/E ratio of 25.18. The PEG ratio is 0.98, lower than the industry average of 1.69. The Semiconductor – General industry has a Zacks Industry Rank of 66, in the top 27% of all industries, indicating strong performance potential.

Zacks Investment Research has identified 5 stocks primed to double in 2024, with previous picks soaring up to +673.0%. These under-the-radar opportunities offer significant growth potential. Don’t miss out on these potential home runs, as identified by Zacks experts. Download the free report for the latest recommendations.



Read more at Nasdaq: Nvidia (NVDA) Stock Slides as Market Rises: Facts to Know Before You Trade