NVIDIA stock: buy or sell

NVDA stock price: $537.41 -1.60% At close on Jan 26th, 2021

Updated on:
Jan 27th, 2021


NVIDIA stock brief

  • NVIDIA stock went down -1.60% to close at $537.41 on the stock market today, after 3 consecutive sessions in negative.
  • Barclays published a buy rating for NVIDIA on Tuesday, targeting $600.00
  • NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor.

Should I buy NVIDIA stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $NVDA stock a buy?

Currently, NVIDIA stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $NVDA will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell NVIDIA stock?

How to know when is it time to sell NVIDIA stock?. Trading strategies give us the ability us to avoid impulsive decisions based on our personal feelings or the buzz that surrounds the market. We like very simple setups to guide us on when is the best moment to sell our shares. Be aware that these setups are not intended for selling short $NVDA stock

As a rule of thumb, you should not keep a trading operation that generates losses greater than those expected upon the buy. When to sell shares should always be ruled by the stop-loss (automatic or manual)

Is it time to sell NVIDIA stock?

Currently, NVIDIA stock doesn't match any of our preferred sell setups, so if you hold NVIDIA shares and your operation is in profit probably is not time to sell now

NVIDIA ratings

In the last month, 4 analyst ratings were published for NVIDIA. General sentiment is bullish, with 3 out of 4 publishing optimistic forecasts

NVIDIA analysts' ratings - Last 30 days
Brokerage firmRating
Jan 12th, 2021
Oppenheimer Strong buy
Jan 15th, 2021
140166 Buy
Truist Neutral
Jan 26th, 2021
Barclays Buy

NVIDIA stock analysis

SMAs overview

NVDA stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $549.25 (2.20% above)
  • R2: $559.97 (4.20% above)
  • R3: $573.77 (6.77% above)
  • The current support levels are:

  • S1: $504.98 (-6.03% below)
  • S2: $503.44 (-6.32% below)
  • S3: $491.85 (-8.48% below)
  • Bollinger bands

    Since the price surpassed the upper band last Thursday, the price dropped by 4.03%

    NVDA stock Bollinger Bands chart

    Relative strength index

    When the stays for so long below 70 and above 30, without indication of overvaluation and undervaluation, the indicator is of little use, and we currently are in such a case.

    NVDA stock RSI chart

    NVIDIA stock price history

    NVIDIA started trading on Jan 22nd, 1999 priced at $1.61 per share1. Since then, NVDA stock has risen by 33,279.50%, with an average of 1,512.70% per year. An investment of $1,000USD at that time would have a value of $333,795.03 today.

    1: Adjusted price after possible price splits or reverse-splits

    NVDA stock price history chart

    Price target for NVIDIA stock

    Nobody knows how much a stock will be priced tomorrow. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.

    The following table shows the price forecasts released by financial institutions for the last 30 days. Again, these estimates are not direct recommendations for individual investors and should not be followed blindly.

    There are 4 price forecasts posted for NVIDIA that average $624.25. NVIDIA closed at $537.41 on Tuesday, that is a 13.91% than the target price.

    NVIDIA stock price predictions
    Brokerage firmPrice target
    Jan 12th, 2021
    Oppenheimer $600.00
    Jan 15th, 2021
    140166 $610.00$625.00
    Truist $643.00$672.00
    Jan 26th, 2021
    Barclays $550.00$600.00

    Earnings and financials

    Earnings event was hosted by NVIDIA ($NVDA) last November after posting the financial report. NVIDIA reported earnings of $2.91 per share on sales of $4.7 billion. The market estimate was $2.57 per share on revenue of $4.4 billion.

    Compared to the same quarter last year, EPS was $1.78, so reported EPS means a increase of 63.48%. Looking at revenues, figures exploded a 56.80% compared to $30.1B year over year.

    NVIDIA ($NVDA) is posting quarterly earnings report next Thursday. Market estimates of $2.80, compared to Q3 that was $2.91.

    NVIDIA competitors

    NVIDIA is part of the Technology sector and the Semiconductors industry, which contain industry peers.

    The following are NVIDIA major competitors:

    NVIDIA competitors
    CompanyMarket capRatingBullish ratings1
    NVIDIA ($NVDA) $330.4B Buy 3
    Microsoft ($MSFT) $1.6T Strong buy 1
    Intel ($INTC) $212.4B Neutral 9
    Qualcomm ($QCOM) $177.7B Buy 3
    Texas Instruments ($TXN) $159.0B Buy 2
    AMD ($AMD) $109.3B Buy 5
    STMicroelectronics ($STM) $36.6B Strong buy 5
    Ambarella (AMBA) $3.5B Buy 2

    1 In the last 30 days.

    NVIDIA performance

    To better understand NVIDIA stock performance you must compare its gains with other related stocks in same sector or industry.. For NVIDIA, the benchmark is made against Microsoft, Intel, Qualcomm, Texas Instruments, AMD, STMicroelectronics and Ambarella.

    NVDA performance compared
    NVIDIA ($NVDA) 3.10% 0.10% 29.60%
    Microsoft ($MSFT) 2.90% 7.00% 14.50%
    Intel ($INTC) 18.50% 16.20% 13.20%
    Qualcomm ($QCOM) 10.00% 28.00% 78.10%
    Texas Instruments ($TXN) 6.70% 16.50% 32.80%
    AMD ($AMD) 3.20% 14.70% 39.10%
    STMicroelectronics ($STM) 8.50% 18.50% 37.90%
    Ambarella (AMBA) 7.80% 77.40% 125.70%

    Please read:
    The comments written in this article are personal and not recommendations for you to buy or sell shares. The author of this document does not know the particular scenarios of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are expressed for general educational reasons only

    NVIDIA summary

    Tuesday, January 26th, 2021
    Day range$535.5 - $545.79
    Previous close$546.13
    Session gain-1.60%
    Average true range$22.86
    50d mov avg$531.11
    100d mov avg$529.73
    200d mov avg$455.34
    Earnings dateFebruary 11th, 2021

    Frequently asked questions

    What is NVIDIA stock symbol?

    NVIDIA Corporation is a public company trading in the US stock market with the NVDA symbol

    Is NVIDIA stock a buy or sell?

    NVIDIA received 4 ratings in the last 30 days: 3 bullish, 0 bearish and 1 neutral.

    Will NVDA go up?

    NVIDIA had different price predictions posted by analysts in the last 4 weeks forecasting the target price to $624.25. That is a 16.16% than the current price ($537.41).