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Per this projection, the revenue is forecast to grow 23.90% above that which the company brought in 2023.
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Staying with the analyst view, there is a consensus estimate of $33.34 billion for the company’s annual revenue in 2023. The average estimate suggests sales growth for the quarter will likely rise by 28.00% when compared to those recorded in the same quarter in the last financial year. On average, analysts have forecast the company’s revenue for the quarter will hit $8.1 billion, with the likely lows of $7.88 billion and highs of $8.2 billion. In this case, analysts estimate an annual EPS growth of 20.30% for the year and 17.20% for the next year. Analysts tracking NVDA have forecast the quarterly EPS to grow by 1.25 per share this quarter, while the same analysts predict the annual EPS to hit $5.34 for the year 2022 and up to $6. It is understandable that investor optimism is growing ahead of the company’s current quarter results. The company stock has a Forward Dividend ratio of 0.16, while the dividend yield is 0.13%. NVIDIA Corporation, which has a market valuation of $312.77 billion, is expected to release its quarterly earnings report – Feb 28, 2022.
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