NVIDIA (NASDAQ:NVDA – Free Report) had its price objective decreased by New Street Research from $343.00 to $340.00 in a research report sent to investors on Thursday morning,MarketScreener reports.
NVDA has been the subject of several other reports. Craig Hallum increased their target price on shares of NVIDIA from $245.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday. Barclays reiterated an “overweight” rating on shares of NVIDIA in a research report on Thursday. Robert W. Baird set a $500.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a research note on Thursday. Truist Financial increased their price target on shares of NVIDIA from $287.00 to $307.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Raymond James Financial reiterated a “strong-buy” rating and set a $330.00 price target on shares of NVIDIA in a research note on Thursday. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $303.27.
Get Our Latest Stock Report on NVIDIA
NVIDIA Price Performance
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results 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. NVIDIA had a net margin of 62.97% and a return on equity of 110.48%. The firm had revenue of $81.62 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same quarter last year, the company earned $0.81 EPS. NVIDIA’s quarterly revenue was up 85.2% on a year-over-year basis. On average, research analysts expect that NVIDIA will post 7.89 EPS for the current year.
NVIDIA Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is 0.82%.
NVIDIA announced that its board has approved a stock buyback plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.
Insider Transactions at NVIDIA
In related news, EVP Ajay K. Puri sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the transaction, the executive vice president directly owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Aarti S. Shah sold 19,000 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the transaction, the director directly owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 906,336 shares of company stock valued at $162,802,518. 4.17% of the stock is currently owned by company insiders.
Institutional Trading of NVIDIA
Several institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC increased its stake in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after purchasing an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG raised its position in shares of NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its position in NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC raised its stake in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. lifted its holdings in shares of NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after acquiring an additional 896 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.
Trending Headlines about NVIDIA
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA delivered another blowout quarter, beating earnings and revenue estimates and issuing strong Q2 guidance around $91 billion in sales. Reuters: Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback
- Positive Sentiment: The company announced an additional $80 billion share repurchase authorization and raised its quarterly dividend from $0.01 to $0.25, signaling aggressive capital returns and management confidence. GlobeNewswire: NVIDIA Announces Financial Results for First Quarter Fiscal 2027
- Positive Sentiment: Analysts largely turned more upbeat after the report, raising price targets and highlighting NVIDIA’s dominant position in AI infrastructure and attractive valuation. Benzinga: NVIDIA Lags AI Rivals Even As It Sits ‘At The Center Of All AI’
- Positive Sentiment: Several pieces pointed to broadening demand beyond hyperscalers, new products like Vera Rubin, and expansion into edge computing, robotics, and enterprise AI as signs of a bigger long-term growth runway. CNBC: What you might have missed in Nvidia’s earnings
- Neutral Sentiment: Despite the strong fundamentals, the stock reaction was muted because investors appear concerned about lofty expectations, competition from custom chips, and the fact that China revenue is still excluded from guidance. Barron’s: Why Nvidia Stock Is Barely Moving After Earnings
- Negative Sentiment: Some reports noted that NVIDIA’s strong earnings were not enough to overcome near-term worries about AI growth normalization and investor positioning after a huge run in the shares. CNBC: Data center revenue nearly doubles, report is strong but stock slides
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.
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