NVIDIA (NASDAQ:NVDA) Receives “Outperform” Rating from Royal Bank Of Canada

NVIDIA (NASDAQ:NVDA)‘s stock had its “outperform” rating reissued by investment analysts at Royal Bank Of Canada in a research note issued to investors on Thursday,Benzinga reports. They presently have a $300.00 target price on the computer hardware maker’s stock. Royal Bank Of Canada’s target price points to a potential upside of 37.91% from the company’s current price.

NVDA has been the subject of several other reports. HSBC reissued a “buy” rating and set a $325.00 price objective (up from $295.00) on shares of NVIDIA in a report on Tuesday, May 19th. Zacks Research raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Morgan Stanley reiterated an “overweight” rating on shares of NVIDIA in a research note on Tuesday, August 11th. Tigress Financial reissued a “strong-buy” rating and set a $425.00 price target (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Finally, Benchmark restated a “buy” rating and issued a $335.00 price target (up from $250.00) on shares of NVIDIA in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $306.58.

NVIDIA Price Performance

NASDAQ NVDA opened at $217.53 on Thursday. NVIDIA has a one year low of $164.07 and a one year high of $236.54. The stock has a 50-day moving average of $207.04 and a 200 day moving average of $199.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The company has a market capitalization of $5.26 trillion, a price-to-earnings ratio of 33.34, a PEG ratio of 0.44 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.11. The business had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.81 EPS. On average, sell-side analysts forecast that NVIDIA will post 8.59 EPS for the current year.

NVIDIA declared that its Board of Directors has approved a share buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at NVIDIA

In other news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the sale, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by company insiders.

Institutional Trading of NVIDIA

Several institutional investors and hedge funds have recently made changes to their positions in NVDA. State Street Corp boosted its position in NVIDIA by 1.2% during the 4th quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock valued at $184,911,111,000 after acquiring an additional 11,451,386 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of NVIDIA by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock worth $109,446,217,000 after purchasing an additional 3,383,441 shares during the last quarter. Norges Bank purchased a new position in NVIDIA in the fourth quarter valued at about $62,244,133,000. Bank of America Corp DE raised its holdings in NVIDIA by 2.2% in the second quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker’s stock worth $39,090,956,000 after purchasing an additional 4,165,875 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in NVIDIA by 1.5% in the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock worth $33,808,862,000 after purchasing an additional 2,609,560 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street analysts are expressing confidence ahead of earnings. Stifel maintained a Buy rating and $282 price target, while Bank of America reportedly sees substantial upside, citing NVIDIA’s valuation discount, profitability and potential for stronger buybacks. Nvidia Stock Gets Votes of Confidence Ahead of Earnings
• Positive Sentiment: Earnings expectations remain strong. NVIDIA guided to roughly $91 billion in fiscal second-quarter revenue, while analysts’ average estimate is near $91.9 billion. Investors will focus on whether demand for its data-center GPUs and forward guidance prompt additional estimate increases. Nvidia Guided to $91 Billion. Wall Street Penciled In $92 Billion
• Positive Sentiment: Reports that limited shipments of H200 processors have reached China—and that additional deliveries could be permitted—suggest a possible revenue opportunity, although Beijing may restrict mainland use. Nvidia H200 Chips Reach China in Small Shipments
• Positive Sentiment: Supply-chain indicators from Foxconn and Super Micro are being cited as evidence that AI infrastructure demand remains healthy. NVIDIA is also expanding its ecosystem through robotics work with LG and by connecting Nordic GPU customers with data-center operators. What Foxconn and Super Micro Are Telling Us About the AI Boom
• Neutral Sentiment: NVIDIA is reportedly considering an investment in AI data-labeling company Mercor at a potential $20 billion valuation. The deal could strengthen NVIDIA’s model-development ecosystem, but its size and terms remain unknown. Nvidia Weighs Investment in Mercor
• Negative Sentiment: U.S. export controls and possible loopholes allowing Chinese firms to access NVIDIA computing power through overseas data centers remain regulatory risks that could limit sales or increase compliance costs. The U.S. Tries to Close an AI Chip Export Loophole
• Negative Sentiment: Investors are also weighing competition from custom AI chips and AMD, the sustainability of massive AI capital spending, and concerns that NVIDIA is helping finance parts of the infrastructure boom. These issues raise the risk of a sharp reaction if earnings or 2027 guidance fall short of lofty expectations.

NVIDIA Company Profile

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.