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NVDA Stock Forecast: Strengthening the Leadership Position

January 19, 2025

This NVDA Stock Forecast article was written by Milana Ledova – Financial Analyst at I Know First

Achieved 60% gross margin and 23% net margin in the first nine months of FY2024.
ROE is 30% compared to the industry median of 12%.
Launched NVIDIA Grace Hopper Superchips for generative AI and HPC tasks, expanding product capabilities and market positioning.

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June 12, 2023

This NVDA Stock Forecast article was written by Anastasia Makuyev – Quantitative Analyst at I Know First.

Nvidia has a history of seasonal success during Q4. This year, I expect Nvidia to outperform their projected Q4 earnings of $6,051 million.
Nvidia is partnering with large tech companies such as AT&T, and is transitioning from gaming to AI to meet consumer demand. I expect this to lead to long-term success for Nvidia.
A machine learning algorithm designed to predict NVDA’s movement confirmed these predictions and helped us to set a PT of $377.91 in the coming year. I suspect that NVDA's high PB ratio is not a serious indicator of the fact that it is overvalued, and the company's performance will outweigh any doubts.