NVIDIA (NASDAQ:NVDA) Shares Up 1.4% – Here’s What Happened

NVIDIA Corporation (NASDAQ:NVDA) shares were up 1.4% during mid-day trading on Monday. The company traded as high as $219.62 and last traded at $217.09. Approximately 96,925,787 shares changed hands during trading, a decline of 36% from the average daily volume of 151,067,094 shares. The stock had previously closed at $214.13.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported a record 104-qubit fault-tolerant quantum-computing simulation on Europe’s JUPITER exascale supercomputer. The work used NVIDIA GH200 GPUs, cuQuantum and CUDA-Q, and validated an approach requiring 90% fewer physical qubits—strengthening the company’s position in accelerated and quantum-computing research. NVIDIA Runs Record Simulation of Fault-Tolerant Quantum Computing
• Positive Sentiment: NVIDIA is expanding its ecosystem through next-generation HBM development with Samsung and TSMC, an AI-computing collaboration with SpaceX, and the launch of open-weight models for enterprise and PC-based AI agents. These initiatives could broaden demand beyond major AI laboratories. NVIDIA AI Chip and Space Computing Deals
• Positive Sentiment: Reuters reported that NVIDIA won AI startup Modal as a customer for new central processors, supporting the company’s effort to expand beyond GPUs. Separately, GMO Internet approved a roughly ¥26.1 billion investment in an NVIDIA-powered GPU cloud data center, providing additional evidence of infrastructure demand. NVIDIA Wins Modal
• Neutral Sentiment: Investor commentary remains divided. Bulls point to rapid earnings growth, a reported $235 billion buyback authorization and long-term AI demand, while valuation-focused analysts argue that the shares already reflect aggressive growth assumptions. These views may support the stock but are not new operating results. NVIDIA Buyback Commentary
• Negative Sentiment: Amazon says its TorchNeuron software will allow existing PyTorch code to run on its Trainium chips with minimal changes. If the public beta performs as promised, it could weaken NVIDIA’s CUDA software moat and encourage customers to adopt Amazon’s competing in-house accelerators. Amazon AI Chips Challenge NVIDIA
• Negative Sentiment: Rising borrowing costs and stress at debt-heavy AI cloud provider CoreWeave have revived concerns about whether customers can finance the massive infrastructure build-out supporting NVIDIA demand. NVIDIA’s exposure to CoreWeave makes this a near-term sentiment and credit risk, even though underlying demand remains strong. NVIDIA Valuation and CoreWeave Risk

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Rothschild & Co Redburn boosted their price target on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Evercore set a $465.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a research note on Thursday, August 27th. Melius Research set a $420.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Rosenblatt Securities reiterated a “buy” rating and set a $390.00 target price on shares of NVIDIA in a research report on Tuesday, September 29th. Finally, Raymond James Financial set a $515.00 target price on shares of NVIDIA and gave the company a “strong-buy” rating in a research note on Thursday, August 27th. Five research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $321.47.

NVIDIA Stock Up 1.4%

The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The business has a 50-day simple moving average of $223.20 and a two-hundred day simple moving average of $211.42. The stock has a market capitalization of $5.23 trillion, a P/E ratio of 27.45, a PEG ratio of 1.65 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. During the same period last year, the business earned $1.05 earnings per share. The business’s revenue was up 105.9% on a year-over-year basis. Equities research analysts forecast that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were given a $0.25 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s payout ratio is 12.64%.

NVIDIA announced that its Board of Directors has authorized a stock buyback program on Monday, September 28th that permits the company to buy back $150.00 billion in shares. This buyback authorization permits the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Share buyback programs are often a sign that the company’s management believes its shares are undervalued.

Insider Transactions at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the transaction, the chief financial officer owned 765,103 shares of the company’s stock, valued at $167,595,812.15. This trade represents a 4.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 1,766,118 shares of company stock valued at $399,450,353. Corporate insiders own 3.94% of the company’s stock.

Hedge Funds Weigh In On NVIDIA

A number of institutional investors and hedge funds have recently bought and sold shares of NVDA. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA during the 4th quarter valued at $26,000. Intelligent Financial Strategies bought a new stake in shares of NVIDIA in the 3rd quarter worth $26,000. Longview Financial Advisors Inc. bought a new stake in shares of NVIDIA in the 1st quarter worth $27,000. Montgomery Financial Services LLC acquired a new stake in shares of NVIDIA in the second quarter valued at $28,000. Finally, Langley Wealth Management LLC acquired a new stake in shares of NVIDIA in the second quarter valued at $34,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Company Profile

NVIDIA Corporation (NASDAQ: NVDA) is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company’s products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.