Where Will NVIDIA Be 1 Year from Now?
NVIDIA (NASDAQ: NVDA) shares surged more than 160% over the past 12 months as robust sales of its GPUs and Tegra CPUs fueled a streak of big earnings beats. NVIDIA has posted double-digit annual sales growth over the past seven quarters, and analysts expect its revenue and earnings to respectively rise 29% and 40% this year.
But looking further ahead, NVIDIA's growth looks less certain. Its revenue and earnings are expected to respectively rise 12% and 9% next year as certain tailwinds fade and its headwinds strengthen. Let's discuss those challenges, and how they could alter NVIDIA's path over the following year.
NVIDIA CEO Jensen Huang. Source: NVIDIA.
Source: Fool.com
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