NVIDIA (NASDAQ:NVDA – Get Free Report) had its target price upped by investment analysts at BNP Paribas Exane from $240.00 to $250.00 in a report released on Tuesday,MarketScreener reports. The brokerage presently has an “outperform” rating on the computer hardware maker’s stock. BNP Paribas Exane’s price objective would indicate a potential upside of 37.74% from the company’s previous close.
A number of other analysts have also issued reports on the stock. Oppenheimer boosted their target price on shares of NVIDIA from $225.00 to $265.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Robert W. Baird lifted their target price on NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, August 25th. Weiss Ratings restated a “buy (b-)” rating on shares of NVIDIA in a research note on Thursday. Wedbush reaffirmed an “outperform” rating and issued a $210.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the company an “overweight” rating in a research note on Wednesday, August 13th. Five analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $240.49.
View Our Latest Stock Report on NVIDIA
NVIDIA Stock Down 2.7%
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the previous year, the company earned $0.68 EPS. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts expect that NVIDIA will post 2.77 EPS for the current year.
Insider Transactions at NVIDIA
In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the sale, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the completion of the transaction, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is currently owned by company insiders.
Institutional Trading of NVIDIA
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after buying an additional 22,929 shares during the period. Highview Capital Management LLC DE boosted its stake in shares of NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC grew its holdings in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after acquiring an additional 11,900 shares during the period. Finally, Wealth Group Ltd. raised its position in NVIDIA by 15.7% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after acquiring an additional 896 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.
About NVIDIA
NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
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