NVIDIA’s (NVDA) “Overweight” Rating Reiterated at Cantor Fitzgerald

NVIDIA (NASDAQ:NVDA)‘s stock had its “overweight” rating reaffirmed by research analysts at Cantor Fitzgerald in a report issued on Thursday,Benzinga reports. They presently have a $300.00 target price on the computer hardware maker’s stock. Cantor Fitzgerald’s target price points to a potential upside of 60.84% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. BNP Paribas Exane boosted their target price on shares of NVIDIA from $240.00 to $250.00 and gave the company an “outperform” rating in a research report on Tuesday. Bank of America lifted their price objective on NVIDIA from $235.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. President Capital upped their target price on NVIDIA from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. UBS Group reaffirmed a “buy” rating on shares of NVIDIA in a report on Monday, November 10th. Finally, Rothschild & Co Redburn boosted their price target on NVIDIA from $211.00 to $245.00 and gave the company a “buy” rating in a report on Monday. Five investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $253.52.

NVIDIA Trading Up 2.8%

Shares of NASDAQ:NVDA opened at $186.52 on Thursday. NVIDIA has a 52-week low of $86.62 and a 52-week high of $212.19. The stock has a market cap of $4.53 trillion, a price-to-earnings ratio of 53.14, a PEG ratio of 1.49 and a beta of 2.11. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $186.37 and a 200-day moving average price of $167.48.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. During the same quarter in the prior year, the firm earned $0.81 earnings per share. NVIDIA’s revenue for the quarter was up 62.5% on a year-over-year basis. NVIDIA has set its Q4 2026 guidance at EPS. Equities analysts predict that NVIDIA will post 2.77 EPS for the current year.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the completion of the transaction, the chief executive officer directly owned 69,733,203 shares in the company, valued at approximately $14,498,230,235.73. This represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the completion of the sale, the chief financial officer owned 2,828,122 shares in the company, valued at approximately $589,182,656.26. This trade represents a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is owned by insiders.

Institutional Investors Weigh In On NVIDIA

Large investors have recently bought and sold shares of the company. Harbor Asset Planning Inc. acquired a new stake in shares of NVIDIA in the second quarter valued at approximately $28,000. Winnow Wealth LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at $32,000. Longfellow Investment Management Co. LLC raised its position in 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 purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC acquired a new stake in NVIDIA during the 2nd quarter worth $40,000. Finally, Kathleen S. Wright Associates Inc. grew its position in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

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.