This industry currently has a Zacks Industry Rank of 240, which puts it in the bottom 5% of all 250+ industries. The Semiconductor - General industry is part of the Computer and Technology sector. The Semiconductor - General was holding an average PEG ratio of 1.86 at yesterday's closing price. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account.

Meanwhile, NVDA's PEG ratio is currently 3.08. This represents a premium compared to its industry's average Forward P/E of 9.35. Investors should also note Nvidia's current valuation metrics, including its Forward P/E ratio of 37.78. Our most recent consensus estimate is calling for quarterly revenue of $5.99 billion, down 15.73% from the year-ago period.įor the full year, our Zacks Consensus Estimates are projecting earnings of $3.50 per share and revenue of $27.46 billion, which would represent changes of -21.17% and +2.03%, respectively, from the prior year. This would mark a year-over-year decline of 36.75%. In that report, analysts expect Nvidia to post earnings of $0.74 per share. Nvidia will be looking to display strength as it nears its next earnings release. This has was narrower than the Computer and Technology sector's loss of 4.49% and lagged the S&P 500's loss of 3.51% in that time.

Prior to today's trading, shares of the maker of graphics chips for gaming and artificial intelligence had lost 3.68% over the past month. At the same time, the Dow lost 1.15%, and the tech-heavy Nasdaq gained 0.39%. This move was narrower than the S&P 500's daily loss of 1.03%. In the latest trading session, Nvidia (NVDA) closed at $131.30, marking a -0.6% move from the previous day.

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