NVIDIA (NASDAQ:NVDA) Shares Up 2.3% – Here’s Why

Shares of NVIDIA Corporation (NASDAQ:NVDA) rose 2.3% during trading on Wednesday . The company traded as high as $214.39 and last traded at $212.06. 135,414,362 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 165,682,625 shares. The stock had previously closed at $207.29.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA and KAIST launched a joint AI research lab in Seoul, backed by a $300 million five-year collaboration. The deal expands NVIDIA’s presence in Korea, funds researchers, and could strengthen long-term demand for its AI infrastructure and software stack. Article Title
• Positive Sentiment: TSMC’s planned 2027 price hikes and HPC surcharges suggest NVIDIA still has strong pricing power and privileged access to advanced packaging capacity, which supports margins despite higher manufacturing costs. Article Title
• Positive Sentiment: Institutional buying continues to show support, including COMGEST GLOBAL INVESTORS adding 337,821 shares of NVIDIA in its latest filing. Article Title
• Neutral Sentiment: Technical articles say semiconductor stocks, including NVDA, are testing key 50-day moving average support and may be trying to stabilize after recent weakness. Article Title
• Neutral Sentiment: Analysts and media coverage continue to frame NVIDIA as a long-term AI leader, but some reports note the stock is not acting like a classic chip name lately and may be caught in sector rotation. Article Title
• Negative Sentiment: Investors are also focused on competition and “sell-the-news” risk after NVIDIA’s strong earnings, with some reports saying the stock has lagged as money rotates into other semiconductor names such as memory and AI infrastructure peers. Article Title
• Negative Sentiment: Commentary around AMD’s new Anthropic deal and broader AI chip competition highlights that NVIDIA is facing more credible rivals, which could pressure market share expectations over time. Article Title

Analyst Upgrades and Downgrades

Several research firms recently commented on NVDA. China Renaissance began coverage on NVIDIA in a report on Friday, June 5th. They issued a “buy” rating and a $319.00 price target for the company. Truist Financial boosted their price target on shares of NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Morgan Stanley set a $288.00 price objective on shares of NVIDIA and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Evercore reiterated an “outperform” rating and issued a $413.00 target price (up from $352.00) on shares of NVIDIA in a report on Thursday, May 21st. Finally, President Capital raised their price target on shares of NVIDIA from $280.00 to $295.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $304.26.

NVIDIA Stock Down 1.6%

The business has a 50 day simple moving average of $208.22 and a 200 day simple moving average of $195.73. The company has a market capitalization of $5.05 trillion, a price-to-earnings ratio of 31.97, a PEG ratio of 0.41 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data 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. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter in the previous year, the business earned $0.81 EPS. The company’s quarterly revenue was up 85.2% compared to the same quarter last year. As a group, equities analysts predict that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were given a dividend of $0.25 per share. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s dividend payout ratio is currently 15.31%.

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

Insider Activity

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the sale, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This represents a 11.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Dabiri sold 625 shares of the firm’s 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 transaction, the director directly owned 14,163 shares of the company’s stock, valued at $3,030,882. This represents a 4.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders 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 hedge funds have recently modified their holdings of the stock. Lifetime Wealth Management P.C. purchased a new position in NVIDIA in the fourth quarter worth approximately $26,000. Longview Financial Advisors Inc. purchased a new stake in shares of NVIDIA in the 1st quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC increased its position in shares of NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after purchasing an additional 67 shares during the last quarter. Phillip James Consulting Co. acquired a new stake in shares of NVIDIA in the 1st quarter valued at $40,000. Finally, Spurstone Advisory Services LLC acquired a new stake in shares of NVIDIA in the 2nd quarter valued at $40,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

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.