Nvidia's rocky ride: GTC Keynote and stock performance

2025-03-18 nvidia

New York, Tuesday, 18 March 2025.
Nvidia’s stock faces headwinds despite a recovering market. Shares opened at $118.00 on Tuesday, March 18, 2025. The stock is down 14.04% year-to-date. CEO Jensen Huang’s GTC conference keynote is today. Investors are anxious about trade restrictions and product ramp-up. Analysts are still bullish with price targets up to $185. Blackwell Ultra and Rubin chip updates are closely watched. Despite recent dips, Nvidia’s net income soared 788% since 2023, suggesting a potential buying opportunity.

Market reaction and analyst sentiment

Nvidia’s stock traded between $114.54 and $119.02 today [1][5]. The stock closed at $115.43, a 3.43 or 3.43% decrease [5]. The trading volume reached 297.7 million shares, a 4% increase from the average [5]. Despite the recent downturn, analysts maintain a ‘strong buy’ rating with an average price target of $174.71, suggesting a potential upside of 51.36% [7]. Melius Research reiterated its ‘buy’ rating prior to the GTC conference, signaling continued confidence in Nvidia’s long-term prospects [4].

GTC conference and future prospects

The GTC conference is a focal point for investors seeking updates on Nvidia’s key projects [4]. CEO Jensen Huang’s keynote is expected to highlight advancements in the Blackwell GPU architecture [2][4]. Investors are keen to learn more about the Blackwell Ultra ramp, expected in the second half of 2025, and the Rubin chips slated for 2026 [2]. Samik Chatterjee, a JPMorgan analyst, believes these updates will positively impact Nvidia’s supply chain [2]. The conference could also showcase adoption of Nvidia’s technology by cloud and enterprise businesses [4].

Financial overview and market position

Nvidia holds a significant market capitalization of $2.82 trillion [7]. The company’s revenue for the trailing twelve months is $130.50 billion, with a net income of $72.88 billion [7]. Nvidia’s price-to-earnings ratio stands at 39.26, with a forward price-to-earnings ratio of 25.63 [7]. The company’s earnings per share is $2.94, and it offers a dividend yield of 0.03% [1][7]. Recent collaborations with IBM, Micron, and Oracle highlight Nvidia’s expanding influence across various technology sectors [3].

Bronnen

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