NVIDIA (NASDAQ:NVDA) Price Target Raised to $320.00 at JPMorgan Chase & Co.

NVIDIA (NASDAQ:NVDA) had its price objective boosted by analysts at JPMorgan Chase & Co. from $280.00 to $320.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the computer hardware maker’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 40.65% from the stock’s current price.

Several other equities analysts have also recently weighed in on the stock. BMO Capital Markets set a $340.00 price objective on shares of NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 20th. Barclays reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. New Street Research lowered their price target on NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. Citigroup reiterated a “buy” rating on shares of NVIDIA in a report on Thursday. Finally, Mizuho set a $315.00 price target on shares of NVIDIA in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and a consensus target price of $322.30.

NVIDIA Price Performance

Shares of NVDA traded up $17.86 during trading hours on Thursday, hitting $227.52. 207,723,046 shares of the company were exchanged, compared to its average volume of 158,924,703. The firm has a fifty day simple moving average of $207.61 and a 200-day simple moving average of $200.35. The company has a market capitalization of $5.51 trillion, a PE ratio of 34.89, a PEG ratio of 0.42 and a beta of 2.23. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA has a one year low of $164.07 and a one year high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s quarterly revenue was up 105.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.05 earnings per share. As a group, sell-side analysts predict that NVIDIA will post 8.8 earnings per share for the current year.

NVIDIA announced that its board has initiated a stock repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the sale, the director owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,900,500 shares of company stock worth $410,449,265. Corporate insiders own 3.94% of the company’s stock.

Hedge Funds Weigh In On NVIDIA

A number of institutional investors have recently modified their holdings of the company. Montgomery Financial Services LLC bought a new stake in NVIDIA during the second quarter valued at about $28,000. Lifetime Wealth Management P.C. bought a new stake in NVIDIA during the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA in the 1st quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC lifted its holdings in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after buying an additional 67 shares during the last quarter. Finally, Phillip James Consulting Co. acquired a new position in shares of NVIDIA during the first quarter worth approximately $40,000. Institutional investors own 65.27% of the company’s stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Quarterly beat and accelerating demand: NVIDIA reported fiscal Q2 revenue of $96.2 billion, up 106% year over year, while non-GAAP EPS of $2.22 exceeded the $2.09 consensus. Data Center revenue rose 117% to $89 billion, confirming continued demand for Blackwell and other AI systems. NVIDIA Announces Financial Results for Second Quarter Fiscal 2027
• Positive Sentiment: Strong forward guidance: Management expects approximately $108 billion in fiscal Q3 revenue and projects roughly 70% revenue growth for fiscal 2028—well above Wall Street expectations. CEO Jensen Huang said AI infrastructure demand is accelerating and described the buildout as operating at “full steam.” Nvidia rises after signaling longer AI spending runway
• Positive Sentiment: Product and ecosystem expansion: Vera Rubin has entered full production, while NVIDIA is expanding its CPUs, networking, inference accelerators, robotics tools and open AI software. An expanded AWS partnership includes an additional 2 million GPUs, supporting visibility into future demand. AWS and NVIDIA partnership
• Positive Sentiment: Analyst support: Several firms raised targets after the report, including RBC to $330, Wedbush to $345 and Truist to $346, reinforcing expectations for additional upside.
• Positive Sentiment: Capital returns and strategic optionality: NVIDIA returned approximately $26 billion through buybacks and dividends and is reportedly considering a roughly $13 billion acquisition of open-source AI platform Hugging Face, which could broaden its software ecosystem. The deal remains unconfirmed. Nvidia agrees to buy Hugging Face, report says
• Neutral Sentiment: Financing strategy under scrutiny: NVIDIA is working with major financial institutions to mobilize more than $500 billion for AI infrastructure. Management argues the risk is low because computing capacity can be redeployed, but investors continue to debate customer financing and potential circularity in the AI ecosystem.
• Negative Sentiment: Margin and supply concerns: Fiscal Q3 gross-margin guidance of approximately 74% is below Q2’s 75%, with higher memory, packaging and power costs cited as constraints. Operating expenses also rose 55% year over year.
• Negative Sentiment: China and competition risks: The outlook assumes no Data Center compute revenue from China, while U.S. scrutiny of Chinese AI models and reports of custom chips from OpenAI and other customers raise longer-term questions about market access and NVIDIA’s pricing power. Nvidia and Chinese AI models

NVIDIA Company Profile

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.