|Bid||12.51 x 3300|
|Ask||12.52 x 100|
|Day's range||12.52 - 13.19|
|52-week range||11.88 - 13.19|
|PE ratio (TTM)||N/A|
|Dividend & yield||0.00 (0.00%)|
|1y target est||14.23|
In just 11 weeks, NVIDIA stock increased over 60%, which encouraged many analysts to revise their price targets upward ahead of the fiscal 2Q18 earnings call on August 10.
AMD stock closed Aug. 14 trading at $12.76, exactly $2.10 above the midpoint of its 52-week range and $4.13 above the midpoint of its five-year range. Barclays is betting it’s more like $9. What I do know is that in one of my recent articles about AMD stock, I predicted that Nvidia Corporation (NASDAQ:NVDA) would hit $200 before Advanced Micro Devices hit $16.
Nvidia Corporation (NASDAQ:NVDA) stockholders are understandably shaking their heads, watching NVDA stock fall as much as 7% Friday even though the semiconductor giant not only delivered a top- and bottom-line beat in its second-quarter earnings report, but also issued stronger-than-expected guidance. Ahead of the quarter, the market was looking for confirmation that Nvidia, which some argue deserves to be in the FANG category, could assert itself to that level even more after posting more than 50% stock gains so far this year. Despite increased competitive pressures from Intel Corporation (NASDAQ:INTC) and Advanced Micro Devices, Inc. (NASDAQ:AMD), NVDA did its job, crushing Q2 profit estimates by 31 cents.