NVIDIA’s (NVDA) Buy Rating Reiterated at Jefferies Financial Group

NVIDIA (NASDAQ:NVDA)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Financial Group in a research note issued to investors on Monday,MarketScreener reports.

NVDA has been the topic of a number of other reports. Wells Fargo & Company boosted their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research report on Monday, August 11th. Mizuho boosted their target price on NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research note on Thursday, August 14th. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Finally, Wolfe Research boosted their target price on shares of NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $209.82.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $183.24 on Monday. NVIDIA has a 52-week low of $86.62 and a 52-week high of $184.55. The stock’s fifty day simple moving average is $176.60 and its 200 day simple moving average is $146.20. The stock has a market capitalization of $4.45 trillion, a price-to-earnings ratio of 52.06, a PEG ratio of 1.29 and a beta of 2.10. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts forecast that NVIDIA will post 2.77 earnings per share for the current fiscal year.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $163.11, for a total transaction of $12,233,250.00. Following the transaction, the chief executive officer directly owned 74,873,225 shares of the company’s stock, valued at $12,212,571,729.75. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,050,558 shares of company stock worth $701,164,609 in the last ninety days. 4.17% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NVDA. Morton Brown Family Wealth LLC boosted its position in NVIDIA by 1.5% during the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after acquiring an additional 58 shares during the last quarter. Roof Eidam Maycock Peralta LLC grew its stake in NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock worth $3,302,000 after purchasing an additional 58 shares during the period. Alpha Wealth Funds LLC increased its holdings in NVIDIA by 1.3% in the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock worth $732,000 after purchasing an additional 59 shares in the last quarter. Copia Wealth Management lifted its stake in NVIDIA by 14.7% in the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after buying an additional 60 shares during the period. Finally, BKM Wealth Management LLC boosted its holdings in shares of NVIDIA by 1.1% during the 2nd quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock worth $908,000 after buying an additional 60 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Company Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.