NVIDIA (NASDAQ:NVDA) Given “Overweight” Rating at KeyCorp

NVIDIA (NASDAQ:NVDA)‘s stock had its “overweight” rating reiterated by stock analysts at KeyCorp in a report issued on Monday,Benzinga reports. They currently have a $330.00 target price on the computer hardware maker’s stock. KeyCorp’s price objective would indicate a potential upside of 53.67% from the stock’s current price.

A number of other research firms have also commented on NVDA. DA Davidson set a $335.00 price target on shares of NVIDIA in a research report on Friday. TD Cowen reissued a “buy” rating on shares of NVIDIA in a report on Tuesday, August 18th. Benchmark restated a “buy” rating on shares of NVIDIA in a research report on Friday. UBS Group reaffirmed a “buy” rating on shares of NVIDIA in a report on Friday, August 14th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $275.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. Three equities research 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. According to data from MarketBeat, NVIDIA has an average rating of “Buy” and a consensus target price of $308.01.

NVIDIA Stock Up 0.0%

NVDA opened at $214.75 on Monday. NVIDIA has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. 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 $5.20 trillion, a P/E ratio of 32.89, a P/E/G ratio of 0.42 and a beta of 2.23. The stock has a fifty day moving average of $207.47 and a 200-day moving average of $199.62.

NVIDIA announced that its board has authorized a stock buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company’s stock, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction of $186,000,450.00. Following the completion of the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 over the last ninety days. Corporate insiders own 3.94% of the company’s stock.

Institutional Trading of NVIDIA

A number of institutional investors have recently added to or reduced their stakes in the stock. Retirement Wealth Solutions LLC grew its stake in shares of NVIDIA by 1.2% during the 2nd quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker’s stock valued at $825,000 after acquiring an additional 47 shares during the period. LightSquare Wealth Management LLC raised its stake in NVIDIA by 0.3% during the 2nd quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock worth $3,741,000 after acquiring an additional 49 shares during the period. Defender Capital LLC. lifted its holdings in NVIDIA by 0.7% during the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock valued at $1,507,000 after purchasing an additional 50 shares in the last quarter. Kooman & Associates lifted its holdings in NVIDIA by 0.6% during the second quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock valued at $1,694,000 after purchasing an additional 50 shares in the last quarter. Finally, Roof Eidam Maycock Peralta LLC boosted its position in shares of NVIDIA by 0.3% in the second quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock worth $3,767,000 after purchasing an additional 50 shares during the period. Hedge funds and other 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: Wall Street expects approximately $92 billion in quarterly revenue and strong year-over-year earnings growth. A beat accompanied by higher guidance—particularly for the next-generation Vera Rubin platform, China shipments, and networking—could revive the AI trade. Nvidia’s Earnings Will Test Wall Street’s Faith in the AI Boom
• Positive Sentiment: Analysts and commentators continue to highlight NVIDIA’s full-stack advantage across GPUs, networking, systems, and software. Data centers now generate more than 90% of revenue, underscoring the company’s exposure to continued hyperscaler and AI-factory investment. I’ve Covered Semiconductors for Years. Nvidia Is My No.
• Positive Sentiment: NVIDIA is reportedly discussing an investment in AI search startup Perplexity at a valuation above $30 billion. The potential deal could broaden NVIDIA’s strategic exposure to AI applications and reinforce its ecosystem. Nvidia discusses Perplexity investment
• Positive Sentiment: Reported price increases of more than 15% on some AI servers, along with continued data-center development partnerships, could support future revenue and pricing power, although higher costs may complicate the benefit. Nvidia customers notified about AI-related price hikes

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.