NVIDIA (NASDAQ:NVDA) Price Target Cut to $218.00 by Analysts at Itau BBA Securities

NVIDIA (NASDAQ:NVDA) had its price target lowered by Itau BBA Securities from $256.00 to $218.00 in a research note published on Wednesday morning,MarketScreener reports.

NVDA has been the topic of several other research reports. Rothschild & Co Redburn lifted their target price on NVIDIA from $280.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Raymond James Financial reiterated a “strong-buy” rating and set a $330.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Robert W. Baird set a $500.00 price target on NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a research note on Monday, June 8th. Finally, Royal Bank Of Canada set a $280.00 price objective on NVIDIA in a report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $303.84.

NVIDIA Trading Down 0.9%

NASDAQ:NVDA opened at $198.32 on Wednesday. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. NVIDIA has a 1-year low of $149.26 and a 1-year high of $236.54. The firm has a market capitalization of $4.80 trillion, a price-to-earnings ratio of 30.37, a price-to-earnings-growth ratio of 0.45 and a beta of 2.22. The stock has a fifty day simple moving average of $210.80 and a 200 day simple moving average of $192.91.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the previous year, the business earned $0.81 earnings per share. The firm’s revenue was up 85.2% compared to the same quarter last year. Sell-side analysts forecast that NVIDIA will post 8.69 earnings per share for the current year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be issued a $0.25 dividend. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s payout ratio is 15.31%.

NVIDIA announced that its board has initiated a share buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding 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 often a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director John Dabiri sold 625 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, the director owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,901,125 shares of company stock valued at $410,583,015 in the last three months. Company insiders own 3.94% of the company’s stock.

Institutional Trading of NVIDIA

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA during the fourth quarter valued at approximately $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA in the first quarter worth $27,000. Longfellow Investment Management Co. LLC boosted its stake in 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 in the last quarter. Phillip James Consulting Co. acquired a new stake in NVIDIA during the first quarter worth $40,000. Finally, Spurstone Advisory Services LLC bought a new stake in NVIDIA in the 2nd quarter valued at $40,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Micron’s strong earnings and upbeat guidance are boosting confidence in AI infrastructure demand, which is helping NVIDIA as investors reassess the strength of semiconductor spending. Why Is NVIDIA Stock Gaining Thursday?
• Positive Sentiment: Analysts continue to call NVIDIA a must-own AI stock despite the recent tech selloff, reinforcing the view that the company still has durable leadership in accelerated computing. NVIDIA (NVDA) Remains a Must-Own for Bernstein Despite Tech Sell-Off
• Positive Sentiment: New product momentum remains a tailwind, with NVIDIA launching its BioNeMo Agent Toolkit for life sciences AI and continuing to expand into data center, digital twin, and industrial AI use cases. Nvidia launches BioNeMo agent toolkit for AI-driven life sciences research
• Neutral Sentiment: Several articles highlight that NVIDIA remains a dominant AI franchise with strong earnings, huge revenue growth, and sizable analyst price targets, but these are mostly reinforcing the existing bull case rather than changing the near-term story.
• Negative Sentiment: NVDA is still being weighed by sector-wide concern over AI spending and semiconductor demand, after a broad chip selloff hit NVIDIA alongside peers like AMD, Intel, Micron, and Marvell. Wall Street ends lower as AI spending concerns mount
• Negative Sentiment: Investor sentiment is also being pressured by insider selling, including a large stock sale by director Mark Stevens, which can raise questions about near-term upside. NVIDIA (NASDAQ:NVDA) Director Mark Stevens Sells 885,000 Shares

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.