How to buy Nvidia (NVDA) stock

By:

Prash Raval

Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.

Updated: Jan 12, 2023

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A big part of learning how to buy Nvidia stocks is finding the best place to make your investment. Nvidia stocks are available to invest in through an online stock broker, and it usually takes just a few minutes to buy shares in Nvidia when following our step by step guide.

Where to buy Nvidia stock?

The best stock trading platform to use to buy Nvidia stock is eToro .

Based on our research, we’ve ranked the top three brokers where you can buy Nvidia shares, according to how easy they are to use, how low their fees are, their safety and security rating, and average customer reviews.

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How to buy stock in Nvidia in 3 simple steps

Buying Nvidia stock is quick and easy, all you need is an internet connection and a copy of your photo ID. Here’s how to do it.

Step 1. Sign up to eToro

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eToro is the best stock trading platform for beginners. Fill in your details to set up a brokerage account and attach a copy of your ID to verify it.

Most Popular

1

Min. Deposit

$ 10

Best offer

User Score

10

Up to $240 bonus!

Deposit with ACA, Wire, Pay with my bank

Invest for dividends and get payout on stocks on Ex-Dividend day

Start Trading more info

Payment Methods:

Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer

Full Regulations:

CySEC, FCA

77% of retail CFD accounts lose money.

Step 2. Make a deposit

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Transfer money to your new account with your credit or debit card, a bank transfer, or an alternative payment method, like PayPal. The minimum deposit is £10.

Step 3. Buy Nvidia shares

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Search for Nvidia using the ticker, NVDA. Click the ‘trade’ button and enter the details of your investment, such as how many shares you want to buy or how much you want to spend. Hit ‘trade now’ to invest in Nvidia and complete your purchase.

It’s as easy as that! You can buy Nvidia shares in just 10-15 minutes and now you’re a Nvidia shareholder.

Compare the best platforms to buy Nvidia stock

1. eToro. Best for beginners, copy-trading & demo-account

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2900

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$10

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Stocks

Platform type

Pros & Cons

Great for beginners, simple to set up and get started Zero commission stock trading Popular ‘CopyTrader’ function lets you follow top traders Excellent customer service, with live chat support provided Over 2,000 CFDs available to trade

Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Overview

We love eToro because you can trade more than 3,000 stocks, commission free. When you buy stocks on eToro, you’re buying the underlying asset, which means you can earn dividends. Or you can trade fractional shares, which means you can invest in even the most expensive stock from just $10.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the stock market every day, browse the latest analyst opinion about every one of those stocks, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: Stock and ETF trades are commission free. Stock CFDs are charged a 0.15% spread and overnight fees can apply. You can deposit money for free but you have to pay $5 per withdrawal, and there’s a minimum withdrawal of $30. A $10 per month activity fee is charged if you don’t log in for a year.

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77% of retail CFD accounts lose money.

Fundamental analysis of Nvidia shares

What is Nvidia’s total worth?

Nvidia’s total net worth is $363.95 billion. This is its total market capitalisation, calculated by multiplying the number of shares outstanding on a stock exchange by the current share price.

How has Nvidia’s share price performed in recent years?

The current Nvidia stock price today is $146, which is 57.75% below its all time high of $326.76, which it reached on 22 November, 2021. 

Overall, NVDA is up 143% over the last five years. The NVDA share price is up 3.43% in 2023 with a 52 week high of $289.46 and a 52 week low of $108.13.

What is Nvidia’s EPS?

Nvidia’s EPS is $3.73 EPS stands for earnings per share and is calculated by dividing Nvidia’s net profit by the number of shares outstanding. It gives you an idea of how valuable a company is.

What is the Nvidia P/E ratio?

Nvidia’s P/E ratio is 39.17. The P/E, or price to earnings ratio, tells you how much you would have to pay per share for $1 of Nvidia’s earnings. 

It is calculated by dividing the share price by the earnings per share. You can use Nvidia’s earnings estimates to predict its future (or forward) P/E and set a target price you think the stock can reach.

What is Nvidia’s dividend yield?

Nvidia’s dividend yield is 0.11%. The dividend yield tells you how much of Nvidia’s share price it gives back to shareholders in dividend payments every year.

Is Nvidia stock a buy or sell?

The indicator below shows you live technical ratings for Nvidia stock on time frames from one minute to one month. 

It tracks a selection of key technical indicators on live market data, including moving averages, relative strength index (RSI), oscillators, and momentum.

This indicator should be used when you research Nvidia to help you decide whether to buy Nvidia shares. Past performance is no guarantee of future results. It is not investment advice or a recommendation from Invezz to buy this stock.

Is Nvidia a good investment for me? 

The right answer is different for each person, so here is some information to help you decide whether to buy stocks in Nvidia.

• Nvidia designs technology for a variety of industries. In its early years, Nvidia’s main market was video gamers: its graphics cards powered gaming PCs and consoles like Microsoft’s Xbox. That’s still a big part of the business but recently, it’s added a lot more strings to its bow, as Nvidia’s cards now help power data centres, autonomous vehicles, and cryptocurrency mining hardware.
• Some of Nvidia’s success is linked to cryptocurrency. A big part of Nvidia’s success has been thanks to cryptocurrency. ‘Mining’ coins is a complex process that needs a lot of processing power, and video gaming graphics cards happen to contain just the right amount. That demand is part of why Nvidia’s revenue stream took off after 2017, the year Bitcoin first hit the big time.
• A recent stock split has made the company more accessible to investors. In the summer of 2021, the company finalised a 4-to-1 stock split. As its shares effectively became cheaper, a new wave of money was pumped into the business resulting in a 90% gain in its price. However, Nvidia could not escape the bear market in much of 2022, resulting in a 50% drop in its share price.
• Nvidia provides software and services for artificial intelligence and self-driving cars through its Nvidia Drive platform. The Nvidia Drive platform includes a range of technology and products for developing self-driving cars and artificial intelligence. As both of these industries are expected to boom in the coming years, Nvidia could be well-positioned to capitalise on any growth opportunities. 
• It has competition from AMD, Intel, and others. Its two main competitors in the GPU space are both AMD and Intel. It also competes with other technology companies, including Google, in the self-driving car market. It must be innovative to stay competitive and ahead of other companies offering similar projects. 

It’s always a good idea to think about any potential risks there might be as well. Use this summary of Nvidia’s pros and cons before you make a final decision on whether to buy Nvidia stock.

Are there other ways to buy shares in Nvidia?

Yes, you can invest in Nvidia stock in a few different ways. One option is to buy stock in Nvidia directly through an investment platform as laid out above, while another popular choice is to invest in a fund. 

Mutual funds provide instant diversification to your investment portfolio by investing in lots of companies at once. You can invest in a Nasdaq index fund to get exposure to Nvidia, or choose a technology ETF.

Another option is to use a social copy trading platform, like eToro . Find a trader who you like and copy their Nvidia trades directly to your own account. 

This can be a good investment strategy for beginners and a way to learn how to buy Nvidia shares from someone with more experience.

What are the fees for investing in Nvidia stock?

It depends on the stock broker. Some platforms charge a flat fee per trade, others charge a commission as a percentage of the total trade value each time you buy Nvidia stocks.

Consider that there may be other costs to trading too. Other fees can include deposit and withdrawal fees, or inactivity fees if you don’t use your account for three months or more. 

These are the trading platforms that charge the lowest fees for buying stocks in Nvidia.

How to sell Nvidia stock

When you decide the time is right to sell and lock in some profit (or cut your losses), log into your broker account and navigate to your portfolio. 

From there, find your Nvidia stock and you’ll see a ‘sell’ option next to it. Click that to set the details of the trade (you don’t have to sell all your stocks at once) and sell back to cash.

Should I buy Nvidia stock now?

It’s your investing goals and style that define whether now is a good time to buy. The current Nvidia stock price plays into it but ultimately it depends on your investment horizons.

• If you’re a short term trader: the goal is to make money by buying and selling stocks regularly to secure a profit or avoid a loss. That can mean trading hourly, daily, or weekly but the focus is always on the near future. Traders learn how to buy stocks in Nvidia based on short term technical analysis and don’t hold shares for a long time, so any time can be a good time to buy NVDA.

• If you’re a long term investor: you’re more interested in long term price appreciation than whether a stock is up or down on any given day. The important thing is finding a stock with a strong foundation where you think the share price will be up over a period of months or years. If you think Nvidia’s fundamentals are solid then the best time to invest in Nvidia stock is after a dip or a pullback in price.

Most new traders sit somewhere between these two positions. You don’t want to actively trade Nvidia stock all hours of the day but you don’t want to wait years for a return either.

Either way, following NVDA price news and analysis will help you decide when to dip your toe into the market.

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