Given the high demand for semiconductors, NVDA is expected to grow significantly in the coming years. In addition, the company’s higher-than-industry valuation is consistent with the Value grade.Īmong the 95 stocks in the B-rated Semiconductor – Wireless Chip industry, NVDA is ranked #63.īeyond what I have stated above, one can view NVDA ratings for Growth, Quality, Momentum, and Sentiment here. Its 1.59 stock beta is in sync with its Stability grade.
NVDA has a D grade for Stability and Value. Our proprietary rating system also evaluates each stock based on eight distinct categories. The POWR ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
NVDA has an overall C rating, which equates to a Neutral in our proprietary POWR Ratings system. In turn, its adjusted EPS climbed 49% to $1.36. Its non-GAAP operating income increased 55% from the prior-year quarter to $3.96 million. This significant growth was driven by an 83% rise in data center sales to $3.75 billion and a 31% increase in gaming revenue to $3.62 billion. NVDA’s revenue has increased 46% year-over-year to $8.29 billion in the third quarter, ended May 1, 2023. The company blamed diminished revenue in Russia and COVID-19-related production shutdowns in China. In addition, the stock was down nearly 5.5% in late trading yesterday after the chipmaker issued a softer-than-expected outlook for the July quarter. While the company’s shares are up 8.5% in price over the past year, the stock is down 42.3% year-to-date, closing yesterday’s trading session at $169.75. Its products are used in gaming devices, data centers, and automobiles. The company operates in two segments: Graphics and Computing and Networking. Santa Clara, Calif.-based NVIDIA Corporation ( NVDA ) is a leading semiconductor and networking solutions firm located in the United States.
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