NVIDIA (NASDAQ:NVDA) Price Target Raised to $346.00

NVIDIA (NASDAQ:NVDA) had its price objective raised by Truist Financial from $307.00 to $346.00 in a research note released on Thursday morning, MarketBeat Ratings reports. Truist Financial currently has a buy rating on the computer hardware maker’s stock.

NVDA has been the subject of several other research reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $400.00 price objective (up from $315.00) on shares of NVIDIA in a report on Thursday. CICC Research boosted their target price on NVIDIA from $240.60 to $268.30 and gave the company an “outperform” rating in a research note on Friday, May 22nd. UBS Group restated a “buy” rating on shares of NVIDIA in a report on Friday, August 14th. Craig Hallum raised their price target on NVIDIA from $245.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Robert W. Baird set a $500.00 price target on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $322.61.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $217.55 on Thursday. The company has a market cap of $5.24 trillion, a price-to-earnings ratio of 27.50, a price-to-earnings-growth ratio of 0.42 and a beta of 2.23. The company has a 50-day moving average price of $208.09 and a 200-day moving average price of $200.77. The company has a current ratio of 4.59, a quick ratio of 2.85 and a debt-to-equity ratio of 0.14. NVIDIA has a 12 month low of $164.07 and a 12 month high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. The company had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.NVIDIA’s quarterly revenue was up 105.9% on a year-over-year basis. During the same period last year, the firm earned $1.05 earnings per share. As a group, equities analysts anticipate that NVIDIA will post 9.1 EPS for the current year.

NVIDIA announced that its board has approved a share repurchase 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 shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio is currently 15.31%.

Insider Activity

In other news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares of the company’s stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction dated 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 sale, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,900,500 shares of company stock valued at $410,449,265. 3.94% of the stock is owned by insiders.

Institutional Investors Weigh In On NVIDIA

Several hedge funds and other institutional investors have recently made changes to their positions in NVDA. Cornerstone Financial Management LLC raised its stake in shares of NVIDIA by 44.4% in the second quarter. Cornerstone Financial Management LLC now owns 4,586 shares of the computer hardware maker’s stock worth $918,000 after buying an additional 1,409 shares during the period. Formuepleje A S grew its holdings in NVIDIA by 0.7% during the 2nd quarter. Formuepleje A S now owns 460,938 shares of the computer hardware maker’s stock valued at $92,229,000 after buying an additional 3,410 shares in the last quarter. Tucker Asset Management LLC increased its position in NVIDIA by 2.8% in the second quarter. Tucker Asset Management LLC now owns 108,000 shares of the computer hardware maker’s stock worth $21,610,000 after purchasing an additional 2,930 shares during the last quarter. HORAN Wealth LLC raised its position in shares of NVIDIA by 5.6% during the 2nd quarter. HORAN Wealth LLC now owns 57,377 shares of the computer hardware maker’s stock valued at $11,480,000 after buying an additional 3,018 shares in the last quarter. Finally, Wellington Grp LLC increased its position in shares of NVIDIA by 8.7% during the 2nd quarter. Wellington Grp LLC now owns 29,558 shares of the computer hardware maker’s stock valued at $5,914,000 after purchasing an additional 2,376 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported fiscal Q2 revenue of approximately $96.2 billion, up 106% year over year and ahead of Wall Street expectations. Data-center revenue rose 117% to $89 billion, while adjusted EPS of $2.22 also exceeded consensus. The results reinforced that hyperscaler AI spending remains robust. Nvidia rises after signaling longer AI spending runway
• Positive Sentiment: Management guided to roughly $108 billion in fiscal Q3 revenue and indicated that fiscal 2028 sales could grow about 70%, well above the roughly 45% growth analysts had modeled. The forecast has shifted the debate from whether AI demand is slowing to whether NVIDIA and its suppliers can build enough capacity. Nvidia’s 70% growth forecast
• Positive Sentiment: Several analysts raised their NVIDIA price targets following the results, including Wedbush, Truist, RBC and JPMorgan. The upgrades reflect expectations for sustained Blackwell demand, the Vera Rubin product ramp and strong order visibility through fiscal 2028. Wedbush lifts Nvidia price target
• Neutral Sentiment: NVIDIA is reportedly pursuing a roughly $12.9 billion acquisition of open-source AI platform Hugging Face. The deal could expand NVIDIA’s software ecosystem and improve visibility into future AI workloads, but reports indicate terms may not be finalized and the valuation is high relative to Hugging Face’s revenue. Nvidia agrees to buy Hugging Face report
• Negative Sentiment: Investors are locking in gains after NVIDIA’s strong post-earnings rally. The stock’s elevated valuation and proximity to record levels make it vulnerable to short-term profit-taking even though fundamentals remain strong. Nvidia AMD Intel stocks slide as investors take profits
• Negative Sentiment: Gross-margin expectations are moving lower toward roughly 72%–73% as NVIDIA absorbs higher memory, packaging and infrastructure costs. Management also said supply constraints remain significant, potentially limiting how much demand can immediately translate into revenue and cash flow.
• Negative Sentiment: Broader market pressure is coming from a more hawkish Federal Reserve outlook, while NVIDIA’s decision to exclude China data-center compute revenue from its forecast underscores continuing export-control and geopolitical risks. Reports that the company paused some revenue-sharing arrangements with AI cloud providers also raise questions about financing and customer ROI. Nvidia pauses revenue-sharing deals

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.