NVIDIA (NASDAQ:NVDA – Get Free Report) had its target price upped by equities research analysts at BNP Paribas Exane from $270.00 to $285.00 in a research note issued to investors on Thursday,MarketScreener reports. The firm currently has an “outperform” rating on the computer hardware maker’s stock. BNP Paribas Exane’s price target would suggest a potential upside of 28.58% from the stock’s previous close.
NVDA has been the topic of a number of other reports. Cantor Fitzgerald upped their price objective on shares of NVIDIA from $300.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Argus increased their price target on NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday. Wolfe Research reissued an “outperform” rating and issued a $275.00 price objective on shares of NVIDIA in a research report on Thursday. Barclays restated an “overweight” rating on shares of NVIDIA in a research report on Thursday. Finally, Itau BBA Securities reiterated a “market perform” rating on shares of NVIDIA in a report on Thursday, February 26th. Four equities 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.com, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $298.69.
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NVIDIA Stock Performance
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The firm had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period last year, the firm posted $0.81 earnings per share. The business’s revenue for the quarter was up 85.2% on a year-over-year basis. On average, equities analysts forecast that NVIDIA will post 7.85 earnings per share for the current fiscal year.
NVIDIA announced that its board has approved a stock buyback plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.
Insider Activity at NVIDIA
In related news, Director John Dabiri sold 3,004 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $184.90, for a total value of $555,439.60. Following the transaction, the director directly owned 14,788 shares in the company, valued at $2,734,301.20. This trade represents a 16.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mark A. Stevens sold 221,682 shares of NVIDIA stock in a transaction on Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the completion of the sale, the director directly owned 7,399,771 shares of the company’s stock, valued at approximately $1,285,192,227.28. The trade was a 2.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 906,336 shares of company stock valued at $162,802,518 over the last three months. 4.17% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On NVIDIA
Several hedge funds and other institutional investors have recently made changes to their positions in NVDA. Lifetime Wealth Management P.C. purchased a new stake in shares of NVIDIA in the fourth quarter worth approximately $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA during the first quarter worth $27,000. Longfellow Investment Management Co. LLC grew its holdings 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 buying an additional 67 shares in the last quarter. Phillip James Consulting Co. bought a new position in NVIDIA during the 1st quarter valued at $40,000. Finally, Spurstone Advisory Services LLC bought a new position in NVIDIA during the 2nd quarter valued at $40,000. 65.27% of the stock is owned by institutional investors.
Trending Headlines about NVIDIA
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA reported record fiscal Q1 revenue of $81.6 billion, up 85% year over year, with EPS of $1.87 beating estimates and data center revenue surging to $75.2 billion. Article Title
- Positive Sentiment: The company boosted shareholder returns by authorizing an additional $80 billion share buyback and raising its quarterly dividend from $0.01 to $0.25 per share, reinforcing confidence in cash generation. Article Title
- Positive Sentiment: Wedbush raised its price target to $330 and JPMorgan lifted its target to $280, signaling continued Wall Street confidence in NVIDIA’s AI-led growth story. Article Title
- Positive Sentiment: Several reports highlighted NVIDIA’s expanding AI roadmap, including Vera Rubin, Vera CPUs, and broader agentic AI positioning, which supports the case for another leg of growth. Article Title
- Neutral Sentiment: Despite the strong quarter, some coverage noted that the stock’s reaction was muted because investors remain focused on competition, China exposure, and whether AI spending can keep accelerating at the current pace. Article Title
- Neutral Sentiment: NVIDIA’s Q2 guidance of about $91 billion in revenue topped consensus, but management excluded China data center revenue, leaving some uncertainty around how much of the growth story can be realized there. Article Title
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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