NVIDIA Corporation (NASDAQ:NVDA – Get Free Report)’s stock price dropped 1.6% during mid-day trading on Thursday . The company traded as low as $205.96 and last traded at $208.76. Approximately 109,754,159 shares traded hands during trading, a decline of 34% from the average session volume of 165,296,813 shares. The stock had previously closed at $212.06.
NVIDIA News Roundup
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Technical traders are pointing to a breakout above the 50-day moving average and an early buy trigger, suggesting momentum could be improving for NVDA. Nvidia (NVDA) Recently Broke Out Above the 50-Day Moving Average
- Positive Sentiment: Analysts and market commentators continue to argue NVIDIA remains a core AI infrastructure winner, citing strong GPU dominance, attractive valuation, and room for further upside. NVIDIA’s Next Breakout? Market Veteran Sees Plenty of Fuel Left in the AI Leader
- Positive Sentiment: Business developments like NVIDIA’s stake in Nebius, the launch of Spectrum-6 Ethernet, Rubin chip shipments, and expanded AI partnerships support the view that demand for its hardware and ecosystem remains strong. Cementing the Sky: Why NVIDIA’s Bet on Nebius Matters (NVDA)
- Positive Sentiment: Wall Street sentiment remains constructive, with upgrades and bullish calls highlighting NVIDIA’s strong growth, software moat, and AI-driven revenue opportunities. Nvidia donates supercomputer to U.S. military university
- Neutral Sentiment: Some coverage focused on NVIDIA’s expanding use cases and corporate venture capital influence, which is supportive of the brand but not an immediate earnings catalyst. Nvidia’s Sydney Sykes on winning corporate venture capital deals
- Negative Sentiment: NVDA is facing rotation pressure as investors shift toward memory and other semiconductor names, with some reports saying the market is looking past Nvidia despite higher AI capex across the industry. Nvidia stock falls: why can’t it benefit from increased AI capex
- Negative Sentiment: Competitive pressure is also in focus, as AMD’s new Anthropic deal and AI infrastructure launch are being viewed as a direct challenge to NVIDIA’s dominance in AI hardware. AMD expected to launch next generation of AI infrastructure to challenge Nvidia
Wall Street Analysts Forecast Growth
NVDA has been the subject of several recent research reports. DA Davidson restated a “buy” rating and issued a $300.00 price target on shares of NVIDIA in a research note on Monday, June 1st. Rosenblatt Securities reissued a “buy” rating and issued a $325.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. William Blair restated an “outperform” rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $300.00 price target (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Craig Hallum lifted their price objective on shares of NVIDIA from $245.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $304.26.
NVIDIA Trading Down 1.6%
The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $5.05 trillion, a P/E ratio of 31.97, a P/E/G ratio of 0.40 and a beta of 2.21. The business has a 50-day moving average price of $208.76 and a two-hundred day moving average price of $195.59.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. The business had revenue of $81.61 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 96.94%. The company’s revenue was up 85.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 earnings per share. On average, analysts expect that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.
NVIDIA Increases Dividend
The business also recently disclosed 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 represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. NVIDIA’s dividend payout ratio is 15.31%.
NVIDIA declared that its board has initiated a stock repurchase 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 stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are undervalued.
Insider Buying and Selling
In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 over the last quarter. Insiders own 3.94% of the company’s stock.
Institutional Investors Weigh In On NVIDIA
Large investors have recently added to or reduced their stakes in the business. Lifetime Wealth Management P.C. acquired a new stake in shares of NVIDIA during the 4th quarter worth approximately $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA during the 1st quarter valued at $27,000. Longfellow Investment Management Co. LLC boosted its stake in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares in the last quarter. Phillip James Consulting Co. bought a new position in NVIDIA during the first quarter worth $40,000. Finally, Spurstone Advisory Services LLC acquired a new stake in NVIDIA in the second quarter worth $40,000. Institutional investors and hedge funds own 65.27% of the company’s stock.
NVIDIA Company Profile
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.
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