Daiwa Securities Group Issues Positive Forecast for NVIDIA (NASDAQ:NVDA) Stock Price

NVIDIA (NASDAQ:NVDA) had its price target lifted by equities researchers at Daiwa Securities Group from $215.00 to $255.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage currently has an “outperform” rating on the computer hardware maker’s stock. Daiwa Securities Group’s price objective points to a potential upside of 16.17% from the company’s previous close.

NVDA has been the subject of several other reports. Wells Fargo & Company reiterated an “overweight” rating and set a $315.00 target price (up from $265.00) on shares of NVIDIA in a research note on Tuesday, May 12th. HSBC restated a “buy” rating and issued a $325.00 price target (up from $295.00) on shares of NVIDIA in a research note on Tuesday. DA Davidson lifted their price objective on shares of NVIDIA from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday. Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 price objective (up from $275.00) on shares of NVIDIA in a report on Thursday. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $350.00 price objective on shares of NVIDIA in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $303.27.

NVIDIA Stock Down 1.8%

NVIDIA stock opened at $219.51 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24. The company’s 50-day moving average is $195.51 and its 200-day moving average is $188.87. The firm has a market capitalization of $5.32 trillion, a PE ratio of 33.62, a P/E/G ratio of 0.69 and a beta of 2.25. NVIDIA has a fifty-two week low of $129.16 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA) last issued its earnings results 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. The business had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 110.48%. NVIDIA’s revenue was up 85.2% on a year-over-year basis. During the same period last year, the business posted $0.81 EPS. Sell-side analysts anticipate that NVIDIA will post 7.89 earnings per share for the current year.

NVIDIA announced that its board has authorized a share 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 reacquire 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.

Insiders Place Their Bets

In related news, Director Mark A. Stevens sold 221,682 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $173.68, for a total value of $38,501,729.76. Following the transaction, the director directly owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Aarti S. Shah sold 19,000 shares of NVIDIA stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the completion of the sale, the director owned 36,007 shares of the company’s stock, valued at $6,362,796.97. This trade represents a 34.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 906,336 shares of company stock valued at $162,802,518 in the last three months. Insiders own 4.17% of the company’s stock.

Hedge Funds Weigh In On NVIDIA

Hedge funds have recently added to or reduced their stakes in the stock. Lifetime Wealth Management P.C. acquired a new position in NVIDIA in the fourth quarter valued at about $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA in the 1st quarter valued at about $27,000. Longfellow Investment Management Co. LLC raised 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 buying an additional 67 shares in the last quarter. Phillip James Consulting Co. acquired a new position in shares of NVIDIA in the 1st quarter valued at approximately $40,000. Finally, Spurstone Advisory Services LLC bought a new stake in shares of NVIDIA during the 2nd quarter worth approximately $40,000. 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: NVIDIA delivered another blowout quarter, beating earnings and revenue estimates and issuing strong Q2 guidance around $91 billion in sales. Reuters: Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback
• Positive Sentiment: The company announced an additional $80 billion share repurchase authorization and raised its quarterly dividend from $0.01 to $0.25, signaling aggressive capital returns and management confidence. GlobeNewswire: NVIDIA Announces Financial Results for First Quarter Fiscal 2027
• Positive Sentiment: Analysts largely turned more upbeat after the report, raising price targets and highlighting NVIDIA’s dominant position in AI infrastructure and attractive valuation. Benzinga: NVIDIA Lags AI Rivals Even As It Sits ‘At The Center Of All AI’
• Positive Sentiment: Several pieces pointed to broadening demand beyond hyperscalers, new products like Vera Rubin, and expansion into edge computing, robotics, and enterprise AI as signs of a bigger long-term growth runway. CNBC: What you might have missed in Nvidia’s earnings
• Neutral Sentiment: Despite the strong fundamentals, the stock reaction was muted because investors appear concerned about lofty expectations, competition from custom chips, and the fact that China revenue is still excluded from guidance. Barron’s: Why Nvidia Stock Is Barely Moving After Earnings
• Negative Sentiment: Some reports noted that NVIDIA’s strong earnings were not enough to overcome near-term worries about AI growth normalization and investor positioning after a huge run in the shares. CNBC: Data center revenue nearly doubles, report is strong but stock slides

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.