Since 2014, Nvidia has shifted to become a platform company focused on four markets – Gaming, Professional Visualization, Data Centers, and Automotive. The company now holds a lofty price-to-earnings ratio (P/E) of 85.55, indicating that it may need to book aggressive quarterly growth to generate further upgrades.Nvidia expanded its presence in the gaming market with its handheld SHIELD Portable and SHIELD Tablet, which launched in 20, respectively. Price targets currently range from a low of $260 to a Street-high $520, while the stock opened Thursday's session about $42 above the median $419 target. Wall Street is 'all in' on NVIDIA, with a 'Strong Buy' rating based upon 26 'Buy,' 3 'Hold,' and 1 'Sell' recommendation. The stock is also trading at an all-time high following a major breakout, highlighting intense buying interest that is likely to increase with a four-for-one or five-for-one split. The five-year performance numbers are even more impressive, with a staggering 2,400% return off the low in the upper teens. NVIDIA Corporation (NVDA) looks like an excellent candidate in this regard, nearly quadrupling in price since the December 2018 low at $124.46. There are no signs that the current rally is coming to an end, despite extremely overbought technical readings.

The stock has rallied more than 2,400% in the past five years and 140 points in the past three months.NVIDIA could attract fresh investment with a four-for-one or five-for-one stock split.Other big tech names are taking note, raising the odds for dozens of splits in the next one or two years. It has paid off so far, with both stocks attracting buying interest from the youthful Robinhood trading crowd. (TSLA) have stunned long-time market watchers in the past two weeks, declaring the first splits of popular growth stocks in years, with the minor exception of mergers that required splits to equalize share value.

Nvda stock split 2020