NVIDIA (NASDAQ:NVDA – Get Free Report) had its target price boosted by equities research analysts at Craig Hallum from $245.00 to $275.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The brokerage presently has a “buy” rating on the computer hardware maker’s stock. Craig Hallum’s price objective indicates a potential upside of 24.07% from the stock’s previous close.
Several other research analysts have also commented on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $325.00 price target on shares of NVIDIA in a report on Thursday. Raymond James Financial reissued a “strong-buy” rating and issued a $330.00 target price on shares of NVIDIA in a report on Thursday. TD Cowen reaffirmed a “buy” rating and set a $275.00 target price (up from $235.00) on shares of NVIDIA in a report on Friday, May 15th. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a report on Friday, April 10th. Finally, Robert W. Baird set a $500.00 price objective on NVIDIA in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $298.69.
View Our Latest Research Report on NVDA
NVIDIA Stock Down 0.8%
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping the consensus estimate of $1.76 by $0.11. The company had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The business’s revenue was up 85.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 EPS. On average, sell-side analysts forecast that NVIDIA will post 7.85 earnings per share for the current fiscal year.
NVIDIA declared that its Board of Directors has initiated a share buyback plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.
Insider Activity at NVIDIA
In other NVIDIA news, Director Mark A. Stevens sold 221,682 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the sale, the director directly owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. The trade was a 2.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Dabiri sold 3,004 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $184.90, for a total transaction of $555,439.60. Following the completion of the transaction, the director owned 14,788 shares of the company’s stock, valued at $2,734,301.20. This trade represents a 16.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 906,336 shares of company stock worth $162,802,518 in the last three months. Insiders own 4.17% of the company’s stock.
Hedge Funds Weigh In On NVIDIA
Several hedge funds have recently modified their holdings of NVDA. Liontrust Investment Partners LLP raised its stake in shares of NVIDIA by 9.1% in the 1st quarter. Liontrust Investment Partners LLP now owns 609,786 shares of the computer hardware maker’s stock worth $106,347,000 after buying an additional 50,990 shares in the last quarter. Hobbs Group Advisors LLC boosted its stake in NVIDIA by 15.7% during the first quarter. Hobbs Group Advisors LLC now owns 10,006 shares of the computer hardware maker’s stock valued at $1,745,000 after buying an additional 1,360 shares in the last quarter. SHUTTLEWORTH & Co grew its holdings in NVIDIA by 1.1% during the first quarter. SHUTTLEWORTH & Co now owns 13,624 shares of the computer hardware maker’s stock worth $2,376,000 after acquiring an additional 144 shares during the period. Union Heritage Capital LLC raised its position in NVIDIA by 27.7% in the first quarter. Union Heritage Capital LLC now owns 90,340 shares of the computer hardware maker’s stock worth $15,755,000 after acquiring an additional 19,600 shares in the last quarter. Finally, SOA Wealth Advisors LLC. lifted its holdings in NVIDIA by 0.5% in the 1st quarter. SOA Wealth Advisors LLC. now owns 160,470 shares of the computer hardware maker’s stock valued at $27,986,000 after acquiring an additional 780 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.
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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