NVIDIA (NASDAQ:NVDA – Get Free Report) had its price objective boosted by UBS Group from $275.00 to $280.00 in a research note issued to investors on Thursday, MarketBeat.com reports. The firm currently has a “buy” rating on the computer hardware maker’s stock. UBS Group’s target price would suggest a potential upside of 24.95% from the stock’s current price.
Several other equities analysts have also recently weighed in on NVDA. Zacks Research raised NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. Royal Bank Of Canada set a $280.00 price objective on shares of NVIDIA in a research report on Thursday. Bank of America reiterated a “buy” rating and issued a $350.00 target price (up from $320.00) on shares of NVIDIA in a research report on Thursday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $255.00 price target (up from $220.00) on shares of NVIDIA in a report on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research report on Friday, April 10th. Four analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $298.58.
View Our Latest Analysis on NVIDIA
NVIDIA Trading Up 0.3%
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The firm had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company’s revenue was up 85.2% on a year-over-year basis. During the same quarter last year, the business posted $0.81 EPS. On average, research analysts expect that NVIDIA will post 7.85 EPS for the current fiscal year.
NVIDIA declared that its board has authorized a stock buyback plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.
Insider Activity at NVIDIA
In related news, Director Aarti S. Shah sold 19,000 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the sale, the director directly owned 36,007 shares in the company, valued at approximately $6,362,796.97. The trade was a 34.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ajay K. Puri sold 300,000 shares of the company’s stock in a transaction that occurred on 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 sale, the executive vice president directly owned 3,018,547 shares of the company’s stock, valued at $550,130,190.75. The trade was a 9.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 906,336 shares of company stock worth $162,802,518 in the last 90 days. Insiders own 4.17% of the company’s stock.
Hedge Funds Weigh In On NVIDIA
A number of institutional investors have recently modified their holdings of the company. Diversified Enterprises LLC increased its position in NVIDIA by 44.2% during the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock worth $23,798,000 after purchasing an additional 39,129 shares during the period. PMG Family Office LLC acquired a new stake in shares of NVIDIA in the 3rd quarter valued at approximately $2,150,000. Oak Ridge Investments LLC boosted its stake in shares of NVIDIA by 2.2% in the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker’s stock valued at $181,143,000 after buying an additional 20,559 shares in the last quarter. Weaver Capital Management LLC grew its holdings in NVIDIA by 5.5% during the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after acquiring an additional 4,439 shares during the period. Finally, Circle Wealth Management LLC raised its position 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 acquiring an additional 14,936 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.
More NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA reported record fiscal Q1 revenue of $81.6 billion, up 85% year over year, with EPS of $1.87 beating estimates and data center revenue surging to $75.2 billion. Article Title
- Positive Sentiment: The company boosted shareholder returns by authorizing an additional $80 billion share buyback and raising its quarterly dividend from $0.01 to $0.25 per share, reinforcing confidence in cash generation. Article Title
- Positive Sentiment: Wedbush raised its price target to $330 and JPMorgan lifted its target to $280, signaling continued Wall Street confidence in NVIDIA’s AI-led growth story. Article Title
- Positive Sentiment: Several reports highlighted NVIDIA’s expanding AI roadmap, including Vera Rubin, Vera CPUs, and broader agentic AI positioning, which supports the case for another leg of growth. Article Title
- Neutral Sentiment: Despite the strong quarter, some coverage noted that the stock’s reaction was muted because investors remain focused on competition, China exposure, and whether AI spending can keep accelerating at the current pace. Article Title
- Neutral Sentiment: NVIDIA’s Q2 guidance of about $91 billion in revenue topped consensus, but management excluded China data center revenue, leaving some uncertainty around how much of the growth story can be realized there. Article Title
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.
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