NVDA Stock Summary and Trading Ideas (Nvidia | NASDAQ:NVDA)

Nvidia Corp is an upfront developer of graphics processing unit and a full-stack computing infrastructure company with data-center-scale offerings that are reshaping industry. Traditionally, GPU were used to enhanvce experience,now Nvidia offers AI GPUs, and also a software platform, Cuda, used for AI model development and training. The company is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads. such as AI, model training and inference, data analytics, scientific computing, and 3D graphics, with vertical-specific optimizations to address industries ranging from healthcare and telecom to automotive and manufacturing.

Nvidia trades on the NASDAQ stock market under the symbol NVDA.

As of March 25, 2025, NVDA stock price declined to $120.69 with 147,653,167 million shares trading.

NVDA has a beta of 2.76, meaning it tends to be more sensitive to market movements. NVDA has a correlation of 0.47 to the broad based SPY ETF.

NVDA has a market cap of $2.94 trillion. This is considered a Mega Cap stock.

Last quarter Nvidia reported $39 billion in Revenue and $.89 earnings per share. This beat revenue expectation by $1 billion and exceeded earnings estimates by $.05.

In the last 3 years, NVDA traded as high as $153.13 and as low as $10.81.

The top ETF exchange traded funds that NVDA belongs to (by Net Assets): VTI, VOO, IVV, SPY, VUG.

NVDA has outperformed the market in the last year with a price return of +27.1% while the SPY ETF gained +12.1%. However, in the short term, NVDA had mixed performance relative to the market. It has underperformed in the last 3 months, returning -13.9% vs -4.0% return in SPY. But in the last 2 weeks, NVDA shares have fared better than the market returning +11.0% compared to SPY +3.8%.

NVDA support price is $116.68 and resistance is $126.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NVDA shares will trade within this expected range on the day.