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Needham issued a report on NVIDIA (NASDAQ:NVDA), upping its stock price target to $250.00 today

In a report released on 10/13/2017 Needham increased the stock price target of NVIDIA (NASDAQ:NVDA) from $200.00 to $250.00 reporting a possible upside of 0.31%.

Previously on 9/29/2017, Citigroup released a statement about NVIDIA (NASDAQ:NVDA) increased the target price from $185.00 to $210.00. At the time, this indicated a possible upside of 0.20%.

Just yesterday NVIDIA (NASDAQ:NVDA) traded 0.05% higher at $191.03. NVIDIA’s 50-day moving average is $175.31 and its 200-day moving average is $147.71. The last stock price is up 29.33% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 13,207,315 shares of NVDA traded hands, down from an average trading volume of 16,744,600

Recent Performance Chart

NVIDIA (NASDAQ:NVDA)

NVIDIA has 52 week low of $65.52 and a 52 week high of $193.09 with a price-earnings ratio of 54.94 and has a total market value of $0.

A total of 18 analysts have released a report on NVIDIA. Six analysts rating the company a strong buy, seven analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $42.00.

More About NVIDIA (NASDAQ:NVDA)

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company's operates through two segments: GPU and Tegra Processor. The Company's GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users. The Company's Tegra brand integrates an entire computer onto a single chip, and incorporates GPUs and multi-core central processing units (CPUs) to drive supercomputing for mobile gaming and entertainment devices, as well as autonomous robots, drones and cars. The Company's processor has created platforms that address four markets: Gaming, Professional Visualization, Datacenter, and Automotive. The Company's offerings include NVIDIA DGX AI supercomputer, the NVIDIA DRIVE AI car computing platform and the GeForce NOW cloud gaming service.

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