[PREDICTION] What will be the closing price of the NVIDIA on Wednesday, February 22?

Tiger_Earnings
2023-02-21
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Semiconductor giant $NVIDIA Corp(NVDA)$ is expected to release its financial report for the fourth quarter of fiscal year 2023 on February 22, after the U.S. stock market closes. Nvidia’s stock price has risen by 46% this year.

The recent explosion of Chat GPT has driven the development of AI related stock price. According to Citigroup estimates, ChatGPT will likely drive the sales of Nvidia-related products to US$3 billion to US$11 billion within a year.

However, because of the plunge in digital assets last year, Nvidia lost a significant boost from the repurposing of its graphics semiconductors for mining ether, which also made analysts' fourth-quarter earnings expectations for Nvidia relatively flat.

According to Bloomberg's consensus forecast, Nvidia's fourth-quarter revenue is $6.021 billion, adjusted net profit is $2.005 billion, and adjusted EPS is $0.813. A total of 51 analysts rated Nvidia, 36 of them gave buy ratings, 12 gave hold ratings, and 3 gave sell ratings, with an average target price of $219.93.

Nvidia Q4 Earnings Call

📓Analyst Opinion

Bloomberg analysts said that the $Advanced Micro Devices(AMD)$ AMD's results suggest that data-center capital spending from hyperscale cloud vendors for accelerators and graphics processing units has been resilient, while the viral adoption of ChatGPT has raised expectations for Nvidia's sales growth. That could help drive average selling prices for the data-center segment even if sequential unit growth is below consensus. The gaming segment may remain pressured as inventory correction in consumer PCs limits demand for Nvidia's graphics chips. We believe a top-line recovery in gaming is unlikely through 1H and possibly 2H amid the chance of a broader economic slowdown.

Export restrictions for China still pose a risk for near-term negative revisions, given Nvidia's higher exposure than rivals to advanced chip sales.

🎮Ways of Participation

  • Click to vote. Guess where the $NVIDIA Corp(NVDA)$ may move this week? If you get correct answers, you can get 10 Tiger coins
  • Leave your answer in the comments section. Predict the closing price of $NVIDIA Corp(NVDA)$ on February 23 (Thursday)
  • The first person to post the correct answers in the comments section will receive 1000 Tiger Coins

The event will last until 23:00 on Wednesday February 22.

Welcome to participate!

Predict the rise and fall after Nvidia's financial report(Maximum1 votes)
  • Flat (-1.5% to 1.5%)(30 votes)
  • Fall (below-1.5%)(41 votes)
  • Up (over 1.5%)(21 votes)
Focus on Q4 Earnings Season
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Comments

  • LMSunshine
    2023-02-21
    LMSunshine
    Win 400 Tiger-coins
    I guess NVDA’s closing price on 23/2 (Thu) will be between $223-233. If the prediction cannot be a range and has to be 1 price, then my guess is $230. @Tiger_Earnings Love These Prediction Events, please have more❣️ Thanks loads💕💕💕
    • LMSunshineReplyKindryl
      👌 will tag you for future
    • bernardtayetReplyLMSunshine
      No problem. You can add me.
    • KindrylReplyLMSunshine
      👍
    • LMSunshine
      Vote and predict to win 10-1000coins🥳 Do you want me to @you and inform your for coin winning activities or you have friends that will inform you already? @ngph @Furore @bernardtayet @Kindryl @DiAngel @Ron18 @serenityj @luv2trade @wine18
  • LMSunshine
    2023-02-21
    LMSunshine
    Win 400 Tiger-coins
    Vote and guess NVDA closing price for 10-1000coins🥳 @SR050321 @CYKuan @Fenger1188 @HelenJanet @breAkdaWn @Jadenkho @RiciaYang @Universe宇宙 @jat @Pepermintpat @BenjiFuji @RDPD富爸穷爸 @rL @Omega88 @SirBahamut @melson @Mrzorro @GoodLife99 @SPOT_ON @Kaixiang @Soyabean89 @PJoo @markele @amroui @Ericdao @Elon2 @爱上投资学 @Zeniv @Yonhuat @Joker_Smile @grizzlylee @Kingcat @pekss @evepek @WanEH @HLPA @snoopy123 @psk @b1uesky @hlw8888 @KYHBKO @highhand @Lionel8383 @RedpillBluep @FrankieRed @Downton @Huiz84 @spkek @SanWangtikup @Setia100 @我i168 @StickyRice @StarLuck @AlfonsoDex @th0mastan @LesterTan @IAS @HSTew @Kerrisdale @PhilipChow @pipiso @hengsley @JC888 @Aqa @Ccl2 @Lcc73 @LuckyPiggie @alylady @moliya @maricel @Sonoma @Doge2theMoon @Ah_Meng @Jo_Tan @Shyon @boardy @Cory2 @Zack44 @Success88 @kungpao @CL Wong @Derrick 1234 @MeowKitty @Thonyaunn @紫南 @REWARD share @Zarkness @Ratt @Tigress02 @Viv22 @equitygenius @StayHome @SGboy @Sandyboy @Stayclose @DMTrader @Frodo555
  • LMSunshine
    2023-02-21
    LMSunshine
    Win 400 Tiger-coins
    Vote and guess NVDA closing price for coins🥳 @Bunta @tigjun21 @JohnL @jace0777 @DoreamonGo @TTrade @Zacv @nerdbull1669 @airui @VonCat @boonk @Trevelyan @Cris0 @jgaldon @fxaw @Kok @Agxm @Dodonan @BubTigger @MHh @aunteenat @Niskil @OddEyeCircle @MiniAce @JazzyTizzy @InvisibleTig @JennyChiang @AlanTiger @kwk @Squ00 @DoreamonGo @deal2deal @justforcoins @cubinvestor @sgFIREmm @MrHuattt @Zlatan @StarAce @Zerolih @WuDi @Asphen @Brocco @MasterStonker @MoneyCub @InvisibleP @miaomiao007 @ee244c @AhGong @TigerHulk @Huangyulee @tarotsgirl @MGOH @BlueDragon @ZeroG @Alconies @Newcomer007 @newcomer676 @drandy @aiyoh79 @OldCitron @Lord_Kuberan @Star0331 @StayCalm @0QH @eeth @ShengSoon @jllwang @Shiella @cristine @Gunawanh @WLing @Zash @GrumpyDino @Snoopymint @AaronJe @YTGIRL @VivianChua @MSJYJ @YJ13 @KH321 @DannDann @Cyberguard @kaite @Bons @AkshayJain
  • SPOT_ON
    2023-02-21
    SPOT_ON
    Win 400 Tiger-coins
  • amroui
    2023-02-21
    amroui
    Win 400 Tiger-coins
    I voted Fall more than 1.5%. I think if you discount away the AI hype, the current macro isn’t good for NVDA. Might be a buy opportunity if that happens, since longer term i think NVDA has a lot of growth as AI matures and becomes more mainstream
    • amrouiReplyLMSunshine
      Wow that’s tough haha. i guess if price stays flat today, $205; else $192? Haha.. not the kind of numbers ppl wanna see [Blush][Gosh]
    • LMSunshine
      Buddy predict closing price in a new comment that no one has guessed. If heng can win 1000coins😉
    • HelenJanetReplyamroui
      Thank you so much for informing where to find the voting panel.👍👍❤️❤️
    • amroui
      To vote, if u can’t see it in this post, u can go to $NVIDIA Corp(NVDA)$ page, find this post under Discussions, and the Voting panel should be visible there
  • HelenJanet
    2023-02-21
    HelenJanet
    I predict the closing price of $NVIDIA Corp(NVDA)$ to be $208 on 23 Feb 23.
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