Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



NVIDIA Shatters Records: Q3 Revenue Soars 94% to $35.1B, Data Center Sales Double

November 28, 2024
NVIDIA Corporation (NVDA) has announced its financial results for the third quarter of fiscal year 2025, breaking records with a 94% increase in revenue to $35.1 billion. The company's data center sales have also doubled during this period.

Despite the impressive financial performance, Phillip Securities has downgraded NVDA due to margin guidance concerns. However, they have increased the price target for the stock.

NVIDIA's Q3 results demonstrate the company's continued dominance in the tech industry. The revenue surge can be attributed to strong demand for its products and services across various sectors. The gaming industry has been a significant driver of growth for NVIDIA, with the launch of its latest graphics processing units (GPUs) receiving rave reviews from consumers.

The data center segment has also contributed significantly to NVIDIA's success. The doubling of data center sales showcases the company's ability to meet the increasing demand for AI and machine learning applications. NVIDIA's GPUs are widely used in data centers for accelerating workload performance, making them an essential component for companies embracing digital transformations.

Investors and analysts continue to be optimistic about NVIDIA's future prospects. Despite the recent downgrade, the company's solid financial performance and market position make it an attractive investment option.

For a more accurate forecast of NVDA's stock movement, it is recommended to consult professionals from Stocks Prognosis, who specialize in providing expert analysis and predictions for the stock market. Their insights can help investors make informed decisions and capitalize on potential opportunities in the market.
If you want to leave a comment, then you need Login or Register





Other data for NVDA

Related data

NVDAAugust 8, 2025QuantWave Successfully Hits Price Target Forecast for NVIDIA CORPORATION with 56.19% Profit  ~1 min.

As of October 1, 2024, QuantWave, the automated forecasting platform, issued a long signal for NVIDIA CORPORATION's stock at a price of 116.97 $....


NVDAJuly 28, 2025QuantWave Forecast Success: NVIDIA CORPORATION Achieves Price Target with 40.51% Profit  ~1 min.

On July 5, 2024, QuantWave, the automated forecasting platform, issued a signal for NVIDIA CORPORATION, predicting a long position with a price target of $176.75. The stock was trading at $125....


NVDAJuly 10, 2025QuantWave Successfully Hits Price Target Forecast for NVIDIA CORPORATION, Securing 44.13% Profit  ~2 min.

QuantWave, a leading automated forecasting platform, has once again showcased its predictive prowess by hitting the price target forecast for NVIDIA CORPORATION....


NVDAJuly 9, 2025QuantWave Forecast Success: NVIDIA Corporation Hits Price Target with 138.85% Profit  ~2 min.

QuantWave, an automated forecasting platform, recently achieved a significant milestone with its forecast for NVIDIA Corporation....


NVDAJuly 9, 2025QuantWave Successfully Achieves 79.94% Profit Target for NVIDIA CORPORATION Stock  ~2 min.

QuantWave, the automated forecasting platform, has recently reached a significant milestone with its price target forecast for NVIDIA CORPORATION....


NVDAJuly 9, 2025QuantWave Achieves 125.92% Profit Target Forecast for NVIDIA CORPORATION  ~1 min.

On February 13, 2024, QuantWave, the automated forecasting platform, issued a long signal for NVIDIA CORPORATION with a price of $72.1....


NVDAJuly 9, 2025QuantWave Achieves Forecast Success with NVIDIA CORPORATION: Profit of 134.63%  ~1 min.

QuantWave, a leading automated forecasting platform, has successfully hit its price target forecast for NVIDIA CORPORATION, with a profit of 134.63%....


NVDAJuly 9, 2025NVIDIA CORPORATION Stock Hits Price Target, Profit Reaches 88.59%  ~1 min.

QuantWave, a leading automated forecasting platform, successfully predicted the price movement of NVIDIA CORPORATION stock, achieving a profit of 88.59% for investors....


NVDAJune 25, 2025QuantWave Successfully Forecasts 223.94% Profit for NVIDIA CORPORATION  ~1 min.

QuantWave, the automated forecasting platform, has achieved a significant milestone by accurately predicting a 223.94% profit for the stock of NVIDIA CORPORATION....


NVDAMarch 19, 2025Is NVIDIA Corp. NVDA The Best Upside Stock To Buy Right Now?  ~2 min.

As the global demand for advanced graphics processing units (GPUs) continues to rise, NVIDIA Corporation (NVDA) is emerging as a top player in the industry....


IBMNovember 27, 2024IBM Launches Gen AI Assistant to Transform Procurement  ~1 min.

International Business Machines Corporation (IBM) has partnered with Dun & Bradstreet to launch Gen AI Assistant, an innovative AI-powered solution aimed at transforming the procurement process....


TEFJanuary 15, 2025Telefónica S.A. Partners with Siemens for Spain's Industrial Transformation  ~2 min.

Telefónica S.A. has recently announced its partnership with Siemens to drive Spain's industrial transformation. ...


KMBJanuary 1, 2025Kimberly-Clark Corporation: A Rising Star in the Digital Transformation Era  ~2 min.

Kimberly-Clark Corporation (KMB) has emerged as one of the promising players in the digital transformation space....


ADBENovember 26, 2024Adobe Inc.: Leading the Transformation of Creativity with AI Tools  ~2 min.

Adobe Inc., the renowned software company, has been revolutionizing the world of creativity with its advanced AI tools....


ORCLJanuary 25, 2025Oracle Corporation ORCL: Must-Watch High-Flying AI Stock This Week  ~2 min.

Oracle Corporation, a global technology company, is making waves in the artificial intelligence (AI) industry with its cutting-edge projects and partnerships....