Is NVDA in debt? (2024)

Is NVDA in debt?

Total debt on the balance sheet as of January 2024 : $11.05 B. According to NVIDIA's latest financial reports the company's total debt is $11.05 B. A company's total debt is the sum of all current and non-current debts.

Does Nvidia have a lot of debt?

NVIDIA long term debt for 2024 was $8.459B, a 12.82% decline from 2023. NVIDIA long term debt for 2023 was $9.703B, a 11.36% decline from 2022. NVIDIA long term debt for 2022 was $10.946B, a 83.53% increase from 2021.

Is Nvidia financially stable?

SANTA CLARA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the fourth quarter ended January 28, 2024, of $22.1 billion, up 22% from the previous quarter and up 265% from a year ago.

Is NVDA a safe stock?

Nvidia stock shows exceptional technical strength and boasts a best-possible score of 99 on both its Composite Rating and EPS Rating. Its Relative Strength Rating of 98 also shows that it outperforms the vast majority of stocks in the Investor's Business Daily database.

Is Nvidia over or undervalued?

However, from a valuation perspective, I don't think Nvidia stock is expensive or overpriced. In fact, it may still represent good value. Nvidia currently trades at 35.4x forward earnings, making it more expensive than the S&P 500 (SPX), but it's by no means too expensive for the tech sector.

How is Nvidia doing financially?

Non-GAAP earnings per diluted share was $5.16, up 28% from the previous quarter and up 486% from a year ago. For fiscal 2024, revenue was up 126% to $60.9 billion. GAAP earnings per diluted share was $11.93, up 586% from a year ago. Non-GAAP earnings per diluted share was $12.96, up 288% from a year ago.

Can Nvidia go to $1000?

The investment bank's robust confidence in Nvidia's trajectory shines through its elevated price target for NVDA shares, now set at an ambitious $1,000 — marking a notable increase from the prior $875 target.

Who is Nvidia's biggest rival?

Huawei developed the Ascend series of chips as a rival to Nvidia's line of AI chips. The Chinese company's main product, the 910B chip, is its main rival to Nvidia's A100 chip, which launched roughly three years ago. Analysts have estimated China's AI chip market to be worth $7 billion.

Is NVDA a bubble?

But NVIDIA isn't in a bubble! The company's share prices aren't gathering momentum based on speculation but due to strong fundamental factors. The unquenchable demand for AI models is here to stay since it is a major driving force behind productivity gains across multiple industries.

Does Nvidia have a future?

High-end chip maker Nvidia (NVDA -3.33%) has smashed expectations year over year, with annualized revenue growth of 60% since 2021. With yearly releases of improved graphics processing units (GPUs) for both gaming and cloud computing, the company has been able to continuously offer the best GPU hardware on the market.

Does Warren Buffett own NVDA?

As of March 15, 44% ($159 billion) of the $366 billion portfolio Buffett oversees at Berkshire Hathaway was being put to work in three widely owned AI stocks -- and no, Nvidia isn't one of them.

Is NVDA a long term buy?

Nvidia (NASDAQ: NVDA) is a prime example of what a successful buy-and-hold investment can deliver over the long run.

Is Nvidia still a strong buy?

Its valuation might still be favorable, assuming demand for accelerated computing remains high. Everyone seems to be in the business of calling the top for Nvidia's (NVDA -3.33%) stock price these days. And perhaps there's good reason for that.

Is Nvidia a buy sell or hold?

Nvidia's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.

Should you invest in NVDA?

The shares trade for 36 times forward earnings estimates, a very reasonable level considering Nvidia's tremendous growth prospects. Nvidia has already scored an AI win, but there may be many more AI wins to come -- and that could be great news for investors who choose to buy and hold the stock for the long term.

What will Nvidia stock be worth in 10 years?

Assuming Nvidia is still trading at the same forward P/E, its stock price could reach $3,360 by the end of 2030, or 328% above the current share price. That would put its market cap at over $8 trillion.

What if you invested $1 000 in Nvidia 10 years ago?

If you had invested $1,000 in Nvidia 10 years ago, your investment would have soared by about 22,340% and be worth around $148,226 as of Feb.

Could investing $20,000 in Nvidia make you a millionaire?

A pragmatic approach to investing in Nvidia

So yes, Nvidia just might be able to grow that a $20,000 investment into a cool million, but it's a long road to that ambitious target and many things can go wrong along the way.

Is Nvidia debt free?

How Much Debt Does NVIDIA Carry? You can click the graphic below for the historical numbers, but it shows that NVIDIA had US$9.71b of debt in January 2024, down from US$11.0b, one year before. However, it does have US$26.0b in cash offsetting this, leading to net cash of US$16.3b.

Where will Nvidia be in 5 years?

So, Nvidia's revenue is on track to increase 5 times in a space of five years considering its fiscal 2024 forecast, translating into a compound annual growth rate (CAGR) of 38%. A similar CAGR over the next five years would take Nvidia's annual revenue to a whopping $295 billion in fiscal 2029.

Could Nvidia stock split in 2024?

With a high stock price, good momentum and an optimistic outlook, Nvidia is poised for a stock split in 2024.

Is Nvidia a millionaire maker stock?

After rising over 1,000% in the last five years to a market cap greater than $2 trillion, Nvidia has made millions of dollars for investors who held for the long term.

Who is the largest investor in Nvidia?

The Vanguard Group, Inc. is currently the largest shareholder, with 8.3% of shares outstanding.

Who is Nvidia's biggest customer?

Companies such as Amazon.com Inc., Meta Platforms Inc., Microsoft Corp. and Alphabet Inc.'s Google are Nvidia's largest customers, accounting for nearly 40% of its revenue, as they rush to invest in hardware for AI computing.

Will Nvidia dominate AI?

Right now, Nvidia dominates the market for the chips needed to run AI models. Nvidia stock has tripled in value over the past 12 months. And delivering a keynote speech at San Jose's SAP Center on Monday as part of the company's GTC developer conference, Huang looked like a literal rock star.

References

You might also like
Popular posts
Latest Posts
Article information

Author: Tuan Roob DDS

Last Updated: 23/05/2024

Views: 5628

Rating: 4.1 / 5 (62 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Tuan Roob DDS

Birthday: 1999-11-20

Address: Suite 592 642 Pfannerstill Island, South Keila, LA 74970-3076

Phone: +9617721773649

Job: Marketing Producer

Hobby: Skydiving, Flag Football, Knitting, Running, Lego building, Hunting, Juggling

Introduction: My name is Tuan Roob DDS, I am a friendly, good, energetic, faithful, fantastic, gentle, enchanting person who loves writing and wants to share my knowledge and understanding with you.