NVIDIA Future Growth

Future criteria checks 6/6

NVIDIA is forecast to grow earnings and revenue by 28.3% and 27.1% per annum respectively. EPS is expected to grow by 28.7% per annum. Return on equity is forecast to be 70.7% in 3 years.

Key information

28.3%

Earnings growth rate

28.7%

EPS growth rate

Semiconductor earnings growth	26.4%
Revenue growth rate	27.1%
Future return on equity	70.7%
Analyst coverage	Good
Last updated	01 Dec 2023

Recent future growth updates

Recent updates

Need To Know: Analysts Are Much More Bullish On NVIDIA Corporation (NASDAQ:NVDA)

Nov 29

Forecast: Analysts Think NVIDIA Corporation's (NASDAQ:NVDA) Business Prospects Have Improved Drastically

Aug 25

Capital Allocation Trends At NVIDIA (NASDAQ:NVDA) Aren't Ideal

Aug 18

We Think NVIDIA (NASDAQ:NVDA) Can Stay On Top Of Its Debt

Jul 31

Party Time: Brokers Just Made Major Increases To Their NVIDIA Corporation (NASDAQ:NVDA) Earnings Forecasts

May 29

NVIDIA's (NASDAQ:NVDA) Returns On Capital Not Reflecting Well On The Business

May 13

Is NVIDIA (NASDAQ:NVDA) A Risky Investment?

Apr 25

NVIDIA (NASDAQ:NVDA) Could Be Struggling To Allocate Capital

Jan 31

Is NVIDIA (NASDAQ:NVDA) A Risky Investment?

Jan 12

What Is NVIDIA Corporation's (NASDAQ:NVDA) Share Price Doing?

Dec 18

Earnings and Revenue Growth Forecasts

NasdaqGS:NVDA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
1/31/2026	107,235	50,649	50,985	53,861	38
1/31/2025	89,701	44,306	41,987	45,867	54
1/31/2024	58,858	27,791	25,880	26,250	47
10/29/2023	44,870	18,889	17,515	18,839	N/A
7/30/2023	32,681	10,326	10,323	11,899	N/A
4/30/2023	25,878	4,793	5,101	6,821	N/A
1/29/2023	26,974	4,368	3,808	5,641	N/A
10/30/2022	28,566	5,957	4,829	6,426	N/A
7/31/2022	29,738	7,741	6,264	7,553	N/A
5/1/2022	29,541	9,458	7,926	8,965	N/A
1/30/2022	26,914	9,752	8,132	9,108	N/A
10/31/2021	24,274	8,206	7,156	8,142	N/A
8/1/2021	21,897	7,078	6,665	7,902	N/A
5/2/2021	19,256	5,327	5,516	6,787	N/A
1/31/2021	16,675	4,332	4,694	5,822	N/A
10/25/2020	14,777	3,826	4,230	5,220	N/A
7/26/2020	13,065	3,388	4,961	5,581	N/A
4/26/2020	11,778	3,319	4,434	4,950	N/A
1/26/2020	10,918	2,796	4,272	4,761	N/A
10/27/2019	10,018	2,411	3,647	4,194	N/A
7/28/2019	10,185	2,743	2,447	3,041	N/A
4/28/2019	10,729	3,291	2,408	3,018	N/A
1/27/2019	11,716	4,141	3,143	3,743	N/A
10/28/2018	12,422	4,694	3,390	4,203	N/A
7/29/2018	11,877	4,301	4,141	4,873	N/A
4/29/2018	10,984	3,784	4,008	4,665	N/A
1/28/2018	9,714	3,047	2,909	3,502	N/A
10/29/2017	8,976	2,582	2,637	2,865	N/A
7/30/2017	8,344	2,288	N/A	2,140	N/A
4/30/2017	7,542	1,965	N/A	1,635	N/A
1/29/2017	6,910	1,666	N/A	1,672	N/A
10/30/2016	6,138	1,220	N/A	1,462	N/A
7/31/2016	5,439	923	N/A	1,285	N/A
5/1/2016	5,164	688	N/A	1,248	N/A
1/31/2016	5,010	614	N/A	1,175	N/A
10/25/2015	4,860	600	N/A	1,107	N/A
7/26/2015	4,780	526	N/A	1,068	N/A
4/26/2015	4,730	628	N/A	1,001	N/A
1/25/2015	4,682	631	N/A	906	N/A
10/26/2014	4,575	584	N/A	864	N/A
7/27/2014	4,404	531	N/A	810	N/A
4/27/2014	4,278	499	N/A	810	N/A
1/26/2014	4,130	440	N/A	835	N/A
10/27/2013	4,093	467	N/A	885	N/A
7/28/2013	4,243	557	N/A	905	N/A
4/28/2013	4,310	580	N/A	1,009	N/A
1/27/2013	4,280	563	N/A	824	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NVDA's forecast earnings growth (28.3% per year) is above the savings rate (2.2%).

Earnings vs Market: NVDA's earnings (28.3% per year) are forecast to grow faster than the US market (14.8% per year).

High Growth Earnings: NVDA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NVDA's revenue (27.1% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: NVDA's revenue (27.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NVDA's Return on Equity is forecast to be very high in 3 years time (70.7%).

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NVIDIA Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

NVIDIA Corporation Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2024

Consensus EPS estimates increase by 16%

Consensus revenue estimates increase by 22%

NVIDIA Corporation Provides Earnings Guidance for the Third Quarter of 2024

Price target increased by 7.2% to US$272

Price target increased by 7.2% to US$271

Recent updates

Independent Director recently sold US$5.0m worth of stock

Need To Know: Analysts Are Much More Bullish On NVIDIA Corporation (NASDAQ:NVDA)

NVIDIA Corporation Brings Business Intelligence to Chatbot, Copilots and Summarization Tools with Enterprise-GradeGenerative AI Microservice

Upcoming dividend of US$0.04 per share

Independent Director notifies of intention to sell stock

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

NVIDIA Corporation Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2024

Consensus EPS estimates increase by 16%

NVIDIA Introduces Generative AI Foundry Service on Microsoft Azure for Enterprises and Startups Worldwide

NVIDIA Introduces NVIDIA HGX H200

We Think NVIDIA (NASDAQ:NVDA) Can Manage Its Debt With Ease

NVIDIA Corporation to Report Q3, 2024 Results on Nov 21, 2023

A Look At The Intrinsic Value Of NVIDIA Corporation (NASDAQ:NVDA)

Segway Robotics and Nvidia Launches Nova Carter AMR, A Complete Robotics Development Platform

Is NVIDIA Corporation (NASDAQ:NVDA) Potentially Undervalued?

Adeia and NVIDIA Resolve Litigation

Is Now The Time To Put NVIDIA (NASDAQ:NVDA) On Your Watchlist?

Consensus revenue estimates increase by 22%

Independent Director recently sold US$25m worth of stock

Executive VP & CFO notifies of intention to sell stock

Upcoming dividend of US$0.04 per share

Forecast: Analysts Think NVIDIA Corporation's (NASDAQ:NVDA) Business Prospects Have Improved Drastically

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

NVIDIA Corporation Provides Earnings Guidance for the Third Quarter of 2024

NVIDIA Corporation AI-Ready Servers from System Manufacturers to Supercharge Generative AI for Enterprises

Capital Allocation Trends At NVIDIA (NASDAQ:NVDA) Aren't Ideal

NVIDIA AI Workbench Speeds Adoption of Custom Generative AI for World's Enterprises

We Think NVIDIA (NASDAQ:NVDA) Can Stay On Top Of Its Debt

NVIDIA Names Melissa Lora to Board of Directors

NVIDIA Reportedly in Talks to Be an Anchor Investor in Arm IPO

Independent Director recently sold US$51m worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$1.3m worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$28m worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$38m worth of stock

Upcoming dividend of US$0.04 per share

Party Time: Brokers Just Made Major Increases To Their NVIDIA Corporation (NASDAQ:NVDA) Earnings Forecasts

NVIDIA Announces NVIDIA Avatar Cloud Engine for Games

Independent Director notifies of intention to sell stock

NVIDIA Corporation to Report Q2, 2024 Results on Aug 23, 2023

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

NVIDIA Corporation Announces Quarterly Dividend, Payable on June 30, 2023

Executive Vice President of Operations notifies of intention to sell stock

NVIDIA's (NASDAQ:NVDA) Returns On Capital Not Reflecting Well On The Business

NVIDIA Corporation, Annual General Meeting, Jun 22, 2023

Is NVIDIA (NASDAQ:NVDA) A Risky Investment?

Independent Director recently sold US$1.4m worth of stock

Price target increased by 7.2% to US$272

Price target increased by 7.2% to US$271

Price target increased by 7.3% to US$270

Independent Lead Director recently sold US$4.7m worth of stock

Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.04 per share at 0.1% yield

Full year 2023 earnings: EPS exceeds analyst expectations

Price target increased by 15% to US$240

Executive Vice President of Operations notifies of intention to sell stock

NVIDIA (NASDAQ:NVDA) Could Be Struggling To Allocate Capital

Investor sentiment improves as stock rises 15%

Independent Director notifies of intention to sell stock

Independent Director recently sold US$33m worth of stock

Is NVIDIA (NASDAQ:NVDA) A Risky Investment?

NVIDIA Brings RTX 4080 to GeForce NOW

VP & Chief Accounting Officer recently sold US$419k worth of stock

What Is NVIDIA Corporation's (NASDAQ:NVDA) Share Price Doing?

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts