NVIDIA (NVDA) Stock Price

Financial Performance

NVIDIA's financial performance appears to be strong, with a reported revenue of $39.3B in the last quarter, marking an increase of 12.1% from the previous quarter and a substantial growth of 51% year over year. Gross profit was $28.7B, up by 9.8% from the previous quarter and up by 40.8% year over year. The company's operating income profit also showed positive trends, reporting at $24B which is an increase of 9.9% from the previous quarter and up by a significant amount of 42.1% YoY.

Stock Price

The stock price currently stands at $178.43, experiencing a slight decline of -1.1% in the past month but still maintaining a strong position overall considering its robust financial performance figures mentioned above along with technical indicators such as RSI value at 57.7 indicating neither overbought nor oversold conditions and a healthy PE ratio at around average for tech companies.

Alternative Data Signals

NVIDIA's web traffic has been increasing steadily with an estimated monthly visitors count standing at approximately 36 million users per month which is an increase of both MoM (17%) and YoY (15%). Job openings remain stable indicating steady hiring practices within the company while employee outlook remains highly positive with about 93% employees reporting that they have a positive business outlook which might indicate high morale among employees leading to potentially higher productivity levels in future periods.

Social Media Presence

NVIDIA has maintained solid social media presence across various platforms including Twitter (2,396,631 followers), Instagram (2,383,220 followers) and Facebook (2,314,027 followers). The company's social media following has been growing steadily in the past 90 days which might indicate increasing brand recognition and customer engagement.

Conclusion

In conclusion, NVIDIA's stock performance can be considered bullish due to its strong financial performance figures, robust growth metrics and positive alternative data signals such as growing web traffic and social media presence. However, a slight decline in the stock price over the last month should be monitored closely for any further trends.

Note: This AI Stock Analysis is based on data as of September 23. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of NVIDIA (NVDA), currently trading at $177.1, will... Sign up to access price prediction.