Market Update: Active Stocks and Key Movements After Hours

Market Update: Active stocks saw mixed movements after hours. Cisco Systems remains stable, while NVIDIA faces a slight decline. Overall, investors will be keen on the earnings forecasts and recommendations affecting stock prices.

Date: 27-03-2025

AI Rating: 6

The report provides insights into the after-hours trading of several notable stocks. In particular, NVIDIA Corporation (NVDA) saw a decrease of $0.33, settling at $113.43 with a notable trading volume of over 6 million shares. Critically, the report highlights that NVIDIA has received nine upward revisions in earnings forecasts for the fiscal quarter ending in April 2025, with a consensus EPS forecast of $0.87. This positive adjustment in earnings predictions could signal a bullish outlook for investors and might contribute to an increase in stock price when the market opens.

On the other hand, GameStop Corporation (GME) experienced a more significant decline, dropping $1.72 to $26.64 and trading a little over 2.7 million shares. GME's current sale price is a staggering 266.4% of its target price of $10, which suggests that investors might be concerned about the sustainability of its current trading levels amid its high valuation.

The report also outlines stable performances from companies like Cisco Systems, Inc. (CSCO) and Bank of America Corporation (BAC), both remaining unchanged, and shows that they have favorable recommendations in the "buy range," indicating a steady investor confidence in these stocks.

In addition, General Motors Company (GM) slightly decreased by $0.01, with its last sale measured at 90.16% of its target price of $56.5, suggesting that while the stock is not expected to surge soon, it is also not in a position of immediate risk.

The overall activity within these stocks is crucial for investors to consider as they reflect varying sentiments in key segments of the market. Stocks with positive earnings forecasts like NVIDIA could influence broader market trends positively, while ongoing struggles from others like GameStop could trigger caution.

Stocks: CSCO NVDA NU BAC CMCSA GOOGL TSLA VZ T GME GM