On the technical perspective front, indicators give NVDA a short term outlook of 100% Sell on average. Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. Per this projection, the revenue is forecast to grow 23.90% above that which the company brought in 2023. Staying with the analyst view, there is a consensus estimate of $33.34 billion for the company’s annual revenue in 2023. The average estimate suggests sales growth for the quarter will likely rise by 28.00% when compared to those recorded in the same quarter in the last financial year. On average, analysts have forecast the company’s revenue for the quarter will hit $8.1 billion, with the likely lows of $7.88 billion and highs of $8.2 billion. In this case, analysts estimate an annual EPS growth of 20.30% for the year and 17.20% for the next year.

Analysts tracking NVDA have forecast the quarterly EPS to grow by 1.25 per share this quarter, while the same analysts predict the annual EPS to hit $5.34 for the year 2022 and up to $6. It is understandable that investor optimism is growing ahead of the company’s current quarter results.

The company stock has a Forward Dividend ratio of 0.16, while the dividend yield is 0.13%.

NVIDIA Corporation, which has a market valuation of $312.77 billion, is expected to release its quarterly earnings report – Feb 28, 2022. Sign up here to get your free report now. In fact, within our report, 'Top 5 Cheap Stock to Own Right Now', we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest. While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well.

Nvda dividend rate