Deutsche Bank Aktiengesellschaft Increases NVIDIA (NASDAQ:NVDA) Price Target to $215.00

NVIDIA (NASDAQ:NVDA) had its price target hoisted by investment analysts at Deutsche Bank Aktiengesellschaft from $180.00 to $215.00 in a research note issued to investors on Thursday, Marketbeat reports. The brokerage currently has a “hold” rating on the computer hardware maker’s stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 15.27% from the stock’s current price.

Other research analysts have also recently issued research reports about the stock. Truist Financial lifted their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Daiwa Capital Markets lifted their price target on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research note on Wednesday, September 17th. DA Davidson set a $250.00 price target on NVIDIA and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Needham & Company LLC raised their price objective on NVIDIA from $200.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, JPMorgan Chase & Co. upped their target price on NVIDIA from $215.00 to $250.00 and gave the stock an “overweight” rating in a research note on Thursday. Five research analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and a consensus price target of $248.66.

NVIDIA Stock Up 2.8%

NVIDIA stock opened at $186.52 on Thursday. The business’s 50-day moving average price is $186.37 and its 200 day moving average price is $167.48. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The firm has a market cap of $4.53 trillion, a price-to-earnings ratio of 53.14, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. NVIDIA has a 52 week low of $86.62 and a 52 week high of $212.19.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. The company had revenue of $57.01 billion during the quarter, compared to the consensus estimate of $54.66 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s revenue for the quarter was up 62.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.81 earnings per share. NVIDIA has set its Q4 2026 guidance at EPS. As a group, sell-side analysts anticipate that NVIDIA will post 2.77 earnings per share for the current year.

Insider Transactions at NVIDIA

In related news, CFO Colette Kress sold 27,640 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total value of $5,758,241.20. Following the completion of the sale, the chief financial officer owned 2,828,122 shares of the company’s stock, valued at approximately $589,182,656.26. This trade represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the transaction, the chief executive officer owned 69,733,203 shares in the company, valued at approximately $14,498,230,235.73. The trade was a 0.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is owned by insiders.

Institutional Trading of NVIDIA

Large investors have recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC grew its holdings in NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. Norges Bank purchased a new position in NVIDIA during the 2nd quarter valued at about $51,386,863,000. Nuveen LLC acquired a new position in NVIDIA during the first quarter worth about $15,089,414,000. Goldman Sachs Group Inc. lifted its holdings in shares of NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Finally, Capital Research Global Investors grew its position in shares of NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after purchasing an additional 22,896,705 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Company Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.