NVIDIA Corporation’s stock price dips to $119.53, down by 1.76% – A Closer Look at the Tech Giant’s Market Performance

NVIDIA Corporation (NVDA)

119.53 USD -2.14 (-1.76%) Volume: 252.36M

NVIDIA Corporation’s stock price currently stands at 119.53 USD, experiencing a trading session drop of -1.76%. With a trading volume of 252.36M, the tech giant’s stock has seen a year-to-date percentage change of -10.99%, highlighting a challenging market performance this year.

Latest developments on NVIDIA Corporation

Investors are closely watching NVIDIA Corp. (NVDA) as the stock slides ahead of the company’s upcoming GTC conference, where the new Blackwell Ultra architecture is expected to take center stage. With announcements and live updates anticipated at GTC 2025, including the launch of new AI chips, market optimism is high. Despite facing challenges from competitors and market pressures, NVIDIA remains a top choice for billionaires and hedge funds alike, with analysts eagerly awaiting CEO Jensen Huang’s keynote address. As quantum computing and AI stocks rise in anticipation of Nvidia’s big event, the stock price movements leading up to today reflect a mix of excitement and caution among investors.

NVIDIA Corporation on Smartkarma

Analysts on Smartkarma have provided varied coverage on NVIDIA Corp. Baptista Research, with a bullish lean, highlighted the company’s impressive fourth-quarter results and its dominance in the data center and AI markets. On the other hand, The Circuit, with a bearish lean, mentioned how Nvidia has faced scrutiny and underperformance in the market, making it challenging to surprise investors. Nicolas Baratte, also with a bullish lean, emphasized the CEO’s anticipation of strong demand growth and investments in data centers, indicating a positive outlook for the company. Nico Rosti shared insights on support and resistance targets post-earnings, suggesting tactical targets for derivatives traders. Vincent Fernando, CFA, pointed out Lite On’s positive signals for continued growth in Cloud/AIOT, with a healthy demand outlook ahead of NVIDIA’s upcoming results.

A look at NVIDIA Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, NVIDIA Corp has a promising long-term outlook. With high scores in Growth and Momentum, the company is positioned well for future success. Its products provide interactive 3D graphics to the mainstream personal computer market, indicating a strong presence in the industry.

While NVIDIA Corp may not score as high in Value and Dividend, its strong scores in Growth and Resilience suggest a positive trajectory for the company. With a focus on innovation and technology, NVIDIA Corp is likely to continue its growth and maintain its momentum in the market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma