Nvidia Stock Price Levels to Watch Immediately | NVDA | Nvidia Stock

Nvidia's Latest Earning Report tonight to the stock after Nidia reported a fine and dandy set of numbers because fine and dandy is no longer enough with this incredible company now we know the pre-quarter Jitters of national Nvidia day waigh on the averages D declining 159 points was worse S&P losing 6% NASDAQ tuming 1.12% and now with the stock seeking after hours we could be in for a hangover from what they're already calling nvidia's buzz kill quarter but the happen to be like the people having an Nvidia watch party yes there was one there's nothing to celebrate here and move on Nvidia recently reported fiscal Q2 2025 revenue of $ 3.04 billion marking a staggering 122% year-over-year increase this not only surpassed wall Street's forecast of 28.7 3 billion but also showcased nvidia's incredible growth momentum the company's earnings per share EPS also beat expectations coming in at 68 cents compared to the anticipated 64 cents profits more than doubled reaching $16.6 billion which also beat analyst projections of $15 billion despite exceeding wall Street's expectations with both its revenue and earnings nvidia's stock has experienced significant volatility raising questions about its near-term trajectory in this video we will explore nvidia's recent financial performance the Market's reaction and key price levels to watch for NVIDIA shares nvda in the coming weeks impressive Revenue growth this Impressive Revenue Growth From NVDA impressive growth is largely driven by nvidia's dominance in the artificial intelligence AI Hardware Market the company's AI chips have become essential components in data centers ing the AI infrastructure of major Tech firms like Google Microsoft and meta the demand for AI processing power has skyrocketed and Nvidia has positioned itself as the leading supplier in this space capitalizing on the surging need for AI capable Hardware despite nvidia's exceptional financial performance the stock fell nearly 7% in after hours trading following the earnings release this decline was somewhat surprising given the strong numbers however it reflects a broader Market sentiment where even outstanding results May not satisfy the lofty expectations of investors there are a few reasons for this drop firstly while nvidia's results were strong some investors were expecting an even larger beat especially given the recent hype around AI secondly rumors of potential delays in the production of nvidia's Next Generation AI chip Blackwell contributed to concern although Executives said during Wednesday night's earnings call that Nvidia still expects to begin earning revenue from Blackwell in this fiscal year the Market's high expectations for NVIDIA combined with these potential delays led to a selloff despite the company's positive report positive future guidance looking ahead Nvidia Positive Future Guidance issued strong guidance for the current quarter projecting revenue of $16 billion significant ly above the consensus estimate of 12.42 billion this optimistic Outlook indicates that Nvidia expects continued demand for its AI chips and other products suggesting sustained growth momentum this guidance reflects nvidia's confidence in its ability to navigate the competitive landscape and maintain its leadership position in the AI sector the company's CEO Jensen hang emphasized the robust demand from nvidia's AI infrastructure across multiple applications from cloud computing to autonomous vehicles this diverse range of applications ensures that Nvidia remains well positioned to capitalize on the ongoing AI Revolution strategic share repurchase in addition to strong Revenue guidance Nvidia announced an additional $50 billion share repurchase authorization this strategic move signals the company's confidence in its long-term growth prospects and its commitment to returning value to shareholders share repurchases can be a powerful tool for boosting shareholder value as they reduce the number of outstanding shares potentially increasing earnings per share and the stock price nvidia's decision to repurchase a substantial amount of its own stock also indicates Management's belief that the shares are undervalued or fairly valued even after the significant runup over the past year this move could provide a flaw for the stock price offering support against further declines and serving as a positive signal to the market analyst Outlook and Market consensus despite the recent volatility many top analysts remain bullish on Nvidia Jeff's Blain Curtis for example has maintained a buy rating on Nvidia stock citing strong demand for both the current Hopper G pus and the upcoming Blackwell gpus Curtis has set a price target for NVIDIA that suggests a potential 19% gain over the next 12 months reflecting confidence in nvidia's continued growth trajectory the overall Market consensus on Nvidia remains highly positive with a strong buy rating from most analysts out of the 36 analysts covering Nvidia 33 have given it a bu recommendation while only three have opted for a hold this overwhelming consensus highlights the strong belief in nvidia's long-term potential particularly as it continues to benefit from the AI boom and growing investments in AI infrastructure by Major tech Key Price Level to Monitor for Nvidia Shares companies key price levels to monitor nvidia's stock has been highly volatile even as it has delivered strong returns year-to dat with a 150% increase however Nvidia shares experienced a notable pullback between July and August Falling by 33% before partially recovering ahead of its earnings release this volatility underscores the need for investors to carefully monitor key price levels that could indicate future Trends in the stock if Nvidia shares continue to slide post earnings there are several critical support levels to watch one $116 level this level could serve as initial support near a trend line if the stock approaches this point it could attract buying interest from investors looking for a potential rebound 107 level another key level that might attract buyers this level has historical significance based on past trading patterns and a drop to this price could trigger increased buying activity 97 area this level could provide stronger support aligning with Twin Peaks from March if the stock were to decline to this point it might present an attractive buying opportunity for investors who believe in nvidia's long-term growth story 91 level if Nvidia breaks below the above key levels it could potentially retest this lower support area aligning with a descending Channel pattern this would indicate continued weak in the stock and investors should be cautious rectangle formation and volume increase Nvidia shares have been trading within a narrow rectangle formation over the past seven sessions with increased trading volume observed ahead of the earnings release this rise in volume could indicate portfolio rebalancing suggesting that institutional investors are adjusting their positions based on nvidia's recent performance and future outlook the rectangle formation coupled with increased volume often precedes significant price movements if Nvidia breaks out of this pattern it could signal either a continuation of its upward Trend or a potential move lower depending on the broader Market sentiment and any new developments regarding its AI chip production while nvidia's recent earnings beat was impressive the stocks post earnings decline highlights the challenges of meeting the the Market's high expectations investors should remain Vigilant watching for key support levels and potential price movements in the coming weeks nvidia's strong fundamentals coupled with its strategic share repurchase program and positive guidance suggest a bullish long-term Outlook however in the short term Market volatility and potential delays in new product launches could pose challenges for investors considering Nvidia it's important to balance the company's outstanding growth prospects against the current market sentiment and volatility as always maintaining a well- diversified portfolio and being mindful of risk is essential in navigating the everchanging landscape of tech stocks like Nvidia

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