Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
GTC 2024: Will NVIDIA hit the $1,000 mark?
Views 940K Contents 381

NVIDIA's short-term financial outlook

NVIDIA is expected to report revenue of $24 billion for the current quarter (Q1 FY2025), up 234% year-over-year.

That's simply not a number we see often in established public companies. The company's growth rate is expected to decline given the significant revenue growth it has seen in recent quarters. In fiscal 2024, NVIDIA's fourth-quarter revenue grew 22% YoY, while first-quarter revenue growth in fiscal 2025 will be more modest at 8.6% YoY, according to the data. NVIDIA will see other growth slowdowns in the future.

For example, analysts expect NVIDIA's revenue to reach $110.5 billion for the current fiscal year, up 81% from a year earlier. That's well below the company's 126% growth rate for fiscal year 2024.

Still, for at least the next few quarters, NVIDIA is expected to continue to top the $100 billion mark in annual revenue, an impressive figure for a company that totaled just $7.19 billion in the same period a year earlier.

In short, while this year's eye-popping revenue growth numbers are set to slow down, NVIDIA still has plenty of room for growth ahead. $NVIDIA(NVDA.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
10
+0
Translate
Report
12K Views
Comment
Sign in to post a comment
    991Followers
    62Following
    2694Visitors
    Follow