NVIDIA Corporation (NASDAQ:NVDA) Receives $307.28 Consensus PT from Brokerages

NVIDIA Corporation (NASDAQ:NVDA) has earned an average recommendation of “Moderate Buy” from the fifty-four ratings firms that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, forty-nine have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $308.4646.

A number of brokerages have recently weighed in on NVDA. Needham & Company LLC reiterated a “buy” rating and issued a $270.00 price objective on shares of NVIDIA in a research report on Tuesday, June 2nd. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a report on Monday, June 29th. Zacks Research lowered NVIDIA from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. Argus lifted their price target on shares of NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, Robert W. Baird set a $500.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a research report on Thursday, May 21st.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s launch of the Groq 3 LPX into full production strengthens its inference-AI portfolio. The accelerator reportedly achieved 3,400 output tokens per second in benchmarking, while Nebius plans to become its first AI-cloud customer. NVIDIA Groq 3 LPX production announcement
• Positive Sentiment: The new Jetson Orin Nano 2 robotics computer delivers twice the inference performance of its predecessor at the same size and uses 40% less power, expanding NVIDIA’s opportunity in edge AI, robotics and autonomous systems. Jetson Orin Nano 2 announcement
• Positive Sentiment: Wall Street expects another exceptionally strong quarter, with consensus revenue near $92 billion and approximately 95% year-over-year growth. Analysts including Raymond James, Rosenblatt, KeyBanc and Cantor Fitzgerald maintained bullish ratings and price targets ranging from $325 to $352. NVIDIA growth and Rubin earnings preview
• Neutral Sentiment: Options markets imply an unusually large post-earnings move, estimated at roughly 5.4% or approximately $280 billion in market value. Investors are focused on Rubin shipment growth, margins, hyperscaler demand, supply constraints and management’s forward guidance. NVIDIA options-implied earnings move
• Negative Sentiment: Despite strong expected results, NVIDIA entered earnings after a seven-session losing streak and is testing technical support. Investors increasingly worry that a simple earnings beat may already be priced in, particularly because the stock has often declined after prior beats. NVIDIA tests support ahead of earnings
• Negative Sentiment: Reports of potential 15% or greater price increases for next-generation AI servers could create customer resistance and give competing chips or custom silicon an opening. Concerns also persist around hyperscalers’ heavy capital spending, NVIDIA’s AI investments and financing arrangements, and possible competition from startups such as Etched and Cerebras. NVIDIA hyperscaler dependence
• Negative Sentiment: Taiwanese authorities indicted individuals, including employees linked to NVIDIA and Super Micro, over alleged illegal AI-server exports to China, adding regulatory and geopolitical risk. Taiwan AI-server export investigation

NVIDIA Trading Up 2.2%

NVDA opened at $213.05 on Friday. The business has a 50 day simple moving average of $207.50 and a two-hundred day simple moving average of $200.09. The firm has a market capitalization of $5.16 trillion, a price-to-earnings ratio of 32.63, a PEG ratio of 0.41 and a beta of 2.23. 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 has a one year low of $164.07 and a one year high of $236.54.

NVIDIA announced that its board has approved a stock buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Insider Transactions at NVIDIA

In other news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction dated 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 owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,900,500 shares of company stock worth $410,449,265 in the last ninety days. Insiders own 3.94% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in NVDA. Kirkwood Financial Services bought a new position in shares of NVIDIA in the 2nd quarter worth approximately $864,000. Tobias Financial Advisors Inc. boosted its position in shares of NVIDIA by 50.0% during the second quarter. Tobias Financial Advisors Inc. now owns 29,786 shares of the computer hardware maker’s stock valued at $5,960,000 after purchasing an additional 9,924 shares in the last quarter. Groupe la Francaise boosted its position in shares of NVIDIA by 4.3% during the second quarter. Groupe la Francaise now owns 2,618,791 shares of the computer hardware maker’s stock valued at $520,898,000 after purchasing an additional 107,074 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in NVIDIA in the second quarter worth $1,036,586,000. Finally, Financial Insights Inc. grew its stake in NVIDIA by 1.3% in the second quarter. Financial Insights Inc. now owns 16,681 shares of the computer hardware maker’s stock worth $3,338,000 after purchasing an additional 219 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

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.