Cantor Fitzgerald Reaffirms Overweight Rating for NVIDIA (NASDAQ:NVDA)

NVIDIA (NASDAQ:NVDA)‘s stock had its “overweight” rating reissued by equities researchers at Cantor Fitzgerald in a report released on Thursday, Benzinga reports. They currently have a $350.00 target price on the computer hardware maker’s stock. Cantor Fitzgerald’s target price indicates a potential upside of 53.25% from the company’s previous close.

A number of other research firms also recently weighed in on NVDA. Rosenblatt Securities restated a “buy” rating and set a $390.00 price target on shares of NVIDIA in a report on Tuesday. Wells Fargo & Company reissued an “overweight” rating and set a $315.00 target price on shares of NVIDIA in a research report on Tuesday, August 11th. Needham & Company LLC restated a “buy” rating and set a $300.00 target price on shares of NVIDIA in a report on Friday, September 4th. Wall Street Zen cut NVIDIA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 26th. Finally, UBS Group set a $300.00 price target on NVIDIA and gave the stock a “buy” rating in a research note on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus target price of $324.14.

NVIDIA Stock Up 0.5%

NASDAQ:NVDA opened at $228.38 on Thursday. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. NVIDIA has a 1-year low of $164.27 and a 1-year high of $236.54. The business’s fifty day moving average price is $217.76 and its 200 day moving average price is $206.94. The firm has a market capitalization of $5.50 trillion, a price-to-earnings ratio of 28.87, a PEG ratio of 1.76 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the prior year, the company earned $1.05 EPS. The firm’s quarterly revenue was up 105.9% on a year-over-year basis. On average, sell-side analysts forecast that NVIDIA will post 9.25 earnings per share for the current fiscal year.

NVIDIA declared that its board has approved a stock repurchase plan on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This repurchase authorization permits the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In related news, CFO Colette Kress sold 34,918 shares of the company’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the transaction, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director directly owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On NVIDIA

Hedge funds have recently made changes to their positions in the business. Greenwich Wealth Management LLC raised its position in NVIDIA by 0.3% in the second quarter. Greenwich Wealth Management LLC now owns 135,666 shares of the computer hardware maker’s stock worth $27,145,000 after purchasing an additional 383 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in NVIDIA by 6.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 997,308 shares of the computer hardware maker’s stock valued at $199,533,000 after purchasing an additional 62,828 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of NVIDIA by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 23,901,229 shares of the computer hardware maker’s stock valued at $4,782,365,000 after purchasing an additional 856,390 shares during the period. State Street Corp grew its stake in shares of NVIDIA by 1.6% in the 2nd quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker’s stock valued at $202,047,568,000 after purchasing an additional 15,897,836 shares during the period. Finally, Wellington Altus USA Inc. raised its holdings in shares of NVIDIA by 8.0% in the 2nd quarter. Wellington Altus USA Inc. now owns 14,583 shares of the computer hardware maker’s stock worth $2,918,000 after buying an additional 1,081 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Large buyback reinforces management confidence: NVIDIA authorized an additional $150 billion in repurchases, bringing total remaining capacity to approximately $235 billion through fiscal 2028. The plan could support earnings per share and signals that management views the shares as attractively valued. NVIDIA buyback article
• Positive Sentiment: AI demand remains the core catalyst: Analysts continue to point to strong demand for NVIDIA’s Vera Rubin platform, hyperscaler capital spending and the company’s full-stack AI ecosystem. Recent commentary cited 117% year-over-year data-center growth and continued customer demand, while Rosenblatt reaffirmed its Buy rating with a $390 price target. NVIDIA growth outlook article
• Positive Sentiment: Expansion beyond GPUs could widen NVIDIA’s moat: Investments in AI infrastructure providers such as GMI Cloud, digital-twin deployments and AI safety software may increase demand for NVIDIA hardware, networking and software across more workloads.
• Neutral Sentiment: Regulatory debate is unresolved: CEO Jensen Huang and other technology leaders challenged Anthropic’s calls for stricter AI safeguards. President Trump’s support for industry self-regulation is favorable to near-term industry growth, but future policy changes remain a risk. AI safety regulation article
• Negative Sentiment: Financing concerns are becoming more prominent: Reuters reported that Wall Street is questioning the value of NVIDIA’s chips and related infrastructure in its financing strategy. If smaller neocloud operators struggle to repay loans or AI spending slows, NVIDIA could face demand, credit and reputational risks. Reuters NVIDIA financing article
• Negative Sentiment: AI-cycle and competitive risks remain: A pullback in hyperscaler capital expenditures could hit NVIDIA before it affects AI adopters such as Meta. China’s efforts to build alternatives around Huawei chips, along with high interest rates and bearish hedge-fund commentary, could limit further multiple expansion.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.