NVIDIA (NASDAQ:NVDA) Stock Price Up 2.3% After Analyst Upgrade

Shares of NVIDIA Corporation (NASDAQ:NVDA) rose 2.3% during trading on Wednesday after Bank of America raised their price target on the stock from $300.00 to $320.00. Bank of America currently has a buy rating on the stock. NVIDIA traded as high as $227.84 and last traded at $225.83. Approximately 148,287,048 shares were traded during trading, a decline of 13% from the average daily volume of 170,365,641 shares. The stock had previously closed at $220.78.

Several other research firms also recently commented on NVDA. Piper Sandler reissued an “overweight” rating on shares of NVIDIA in a research note on Thursday, February 26th. Robert W. Baird lifted their price target on shares of NVIDIA from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, February 26th. KeyCorp restated an “overweight” rating and issued a $275.00 target price on shares of NVIDIA in a report on Tuesday, March 17th. Susquehanna restated a “positive” rating and issued a $275.00 target price (up from $250.00) on shares of NVIDIA in a report on Tuesday. Finally, Wolfe Research raised their target price on shares of NVIDIA from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, NVIDIA presently has an average rating of “Buy” and an average price target of $277.32.

Insider Activity

In other news, Director Mark A. Stevens sold 221,682 shares of NVIDIA stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $173.68, for a total value of $38,501,729.76. Following the completion of the transaction, the director owned 7,399,771 shares of the company’s stock, valued at $1,285,192,227.28. The trade was a 2.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the transaction, the executive vice president directly owned 3,018,547 shares of the company’s stock, valued at approximately $550,130,190.75. This represents a 9.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 906,336 shares of company stock worth $162,802,518. 4.17% of the stock is currently owned by corporate insiders.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bank of America raised its price target on NVIDIA to $320 from $300 and kept a Buy rating, citing a much larger long-term AI data center opportunity and accelerating AI sales. BofA Hikes NVIDIA Price Target to $320 on Massive $1.7 Trillion AI Data Center Forecast
• Positive Sentiment: Wells Fargo also boosted its NVIDIA target to $315 from $265 ahead of earnings, arguing the stock still looks attractive relative to its growth prospects. Wells Fargo Hikes NVIDIA Price Target to $315 Ahead of Earnings
• Positive Sentiment: Jensen Huang joined President Trump’s China trip, lifting hopes that NVIDIA could gain more clarity on China export access and potentially unlock additional chip sales. Nvidia CEO joins Trump’s mission to ‘open up’ China
• Positive Sentiment: Several headlines highlighted new or expanding AI partnerships and ecosystem demand around NVIDIA, reinforcing the view that its platform remains central to AI infrastructure spending. Nvidia partners with Ineffable Intelligence to create ‘AI superlearners’
• Neutral Sentiment: Market chatter continues to focus on NVIDIA’s upcoming earnings report, with Wall Street expecting another growth quarter and using the event as the next major catalyst. Nvidia (NVDA) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Some articles also frame NVIDIA as a core AI “mega-cap” winner alongside peers like Alphabet and Micron, which keeps sentiment constructive even as the chip trade stays volatile. Nvidia at $5.4T larger than India’s market, S&P 500 healthcare, entire economies
• Negative Sentiment: Some reports noted concerns that China-related restrictions and export uncertainty could still limit upside if negotiations don’t improve access to the market. Nvidia Stock Falls After Report CEO Huang Is Excluded From Trump’s China Trip

Hedge Funds Weigh In On NVIDIA

Large investors have recently modified their holdings of the stock. PMG Family Office LLC bought a new stake in NVIDIA in the third quarter worth $2,150,000. Oak Ridge Investments LLC increased its stake in NVIDIA by 2.2% in the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker’s stock worth $181,143,000 after purchasing an additional 20,559 shares during the period. Weaver Capital Management LLC increased its stake in NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after purchasing an additional 4,439 shares during the period. Circle Wealth Management LLC increased its stake in NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker’s stock worth $20,111,000 after purchasing an additional 14,936 shares during the period. Finally, Sunburst Financial Group LLC increased its stake in NVIDIA by 11.3% in the fourth quarter. Sunburst Financial Group LLC now owns 42,515 shares of the computer hardware maker’s stock worth $7,929,000 after purchasing an additional 4,300 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. The business has a 50 day simple moving average of $189.54 and a two-hundred day simple moving average of $187.47. The firm has a market cap of $5.49 trillion, a PE ratio of 46.09, a price-to-earnings-growth ratio of 0.72 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping analysts’ consensus estimates of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The business had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. During the same quarter last year, the firm posted $0.89 earnings per share. The business’s revenue was up 73.2% compared to the same quarter last year. As a group, equities research analysts forecast that NVIDIA Corporation will post 7.84 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were paid a $0.01 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 0.82%.

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.