Needham & Company LLC Reaffirms “Buy” Rating for NVIDIA (NASDAQ:NVDA)

NVIDIA (NASDAQ:NVDA)‘s stock had its “buy” rating reaffirmed by Needham & Company LLC in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $240.00 target price on the computer hardware maker’s stock. Needham & Company LLC’s price target points to a potential upside of 29.75% from the stock’s current price.

Several other research analysts have also recently issued reports on NVDA. Melius Research raised their target price on shares of NVIDIA from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Arete Research lifted their price objective on NVIDIA from $244.00 to $261.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. CICC Research upped their target price on NVIDIA from $200.00 to $228.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Cantor Fitzgerald reiterated an “overweight” rating and set a $300.00 price target on shares of NVIDIA in a research report on Thursday, November 20th. Finally, Wedbush upped their price objective on NVIDIA from $210.00 to $230.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Four research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, NVIDIA presently has an average rating of “Buy” and an average target price of $264.20.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $184.97 on Wednesday. The business’s 50 day moving average price is $184.67 and its 200 day moving average price is $183.46. The firm has a market cap of $4.49 trillion, a P/E ratio of 45.90, a P/E/G ratio of 0.56 and a beta of 2.31. NVIDIA has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a quick ratio of 3.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. The company had revenue of $57.01 billion during the quarter, compared to analyst estimates of $54.66 billion. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. NVIDIA’s revenue for the quarter was up 62.5% compared to the same quarter last year. During the same period last year, the firm posted $0.81 EPS. On average, sell-side analysts expect that NVIDIA will post 2.77 earnings per share for the current year.

Insider Buying and Selling at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $177.33, for a total value of $44,332,500.00. Following the sale, the director owned 6,933,280 shares in the company, valued at $1,229,478,542.40. This trade represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $181.73, for a total transaction of $63,605,500.00. Following the sale, the director directly owned 7,049,803 shares of the company’s stock, valued at $1,281,160,699.19. This represents a 4.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,611,474 shares of company stock valued at $291,731,692. Insiders own 4.17% of the company’s stock.

Hedge Funds Weigh In On NVIDIA

A number of hedge funds have recently made changes to their positions in the company. Norges Bank purchased a new stake in NVIDIA during the 4th quarter valued at about $62,244,133,000. J. Stern & Co. LLP boosted its holdings in shares of NVIDIA by 13,709.1% during the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares during the last quarter. Cardano Risk Management B.V. grew its position in shares of NVIDIA by 896.4% in the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock valued at $14,570,119,000 after purchasing an additional 70,283,539 shares in the last quarter. Capital Research Global Investors increased its holdings in shares of NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after purchasing an additional 22,896,705 shares during the last quarter. Finally, Laurel Wealth Advisors LLC lifted its position in NVIDIA by 15,496.1% during the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after buying an additional 21,725,326 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Meta signed a multiyear deal to buy millions of current and future NVIDIA chips (GPUs, standalone CPUs and networking/rack systems), a large revenue and demand commitment that supports NVDA’s data‑center growth outlook. Read More.
• Positive Sentiment: India and regional customers are committing to NVIDIA hardware: Yotta will build a $2B AI hub using NVIDIA Blackwell chips, and NVDA announced partnerships with Indian VCs and local computing firms—both expand addressable market outside the U.S. Read More.
• Positive Sentiment: Analyst and bank coverage remains largely bullish into earnings (Citi and many boutiques reaffirm buy/positive views), which helps cap downside and keeps upside expectations priced in. Read More.
• Neutral Sentiment: Nvidia’s own 13F/filings reporting shows changes in its reported portfolio between Q3 and Q4 2025—interesting for flows/data but not a direct earnings driver. Read More.
• Neutral Sentiment: Several bull/bear previews and “what to watch” pieces (earnings previews, competitor comparisons) are circulating; they shape sentiment but are speculative ahead of Feb. 25 results. Read More.
• Negative Sentiment: Large holders cut or exited NVDA positions in Q4 2025: SoftBank disclosed dissolving its stake (reports vary on scale, including itemizations of >$5B in portfolio moves), creating headline selling pressure. Read More.
• Negative Sentiment: NVIDIA (or funds reporting under NVDA filings) disclosed selling stakes in several smaller firms (Arm, Applied Digital, Recursion, WeRide), and other large funds (Appaloosa) trimmed NVDA—signals profit‑taking and reallocation ahead of earnings. Read More. / Read More.
• Negative Sentiment: Heavy insider selling is visible in aggregated trade logs and headlines—that amplifies near‑term downside risk even if company fundamentals remain strong. Read More.

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.