NVIDIA Corporation (NASDAQ:NVDA – Get Free Report)’s stock price shot up 4% during mid-day trading on Friday . The stock traded as high as $211.00 and last traded at $210.96. 147,453,390 shares were traded during trading, a decline of 12% from the average session volume of 168,404,672 shares. The stock had previously closed at $202.78.
Trending Headlines about NVIDIA
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Cerebras CEO Andrew Feldman said AI demand is still “booked” months in advance, reinforcing the view that compute suppliers like NVIDIA remain in a strong supply-constrained cycle.
- Positive Sentiment: NVIDIA and Hugging Face expanded their robotics collaboration by integrating Isaac AI tools into LeRobot, which supports NVIDIA’s push into physical AI and automation.
- Positive Sentiment: Reuters reported that supplier King Yuan Electronics plans to invest up to $1.4 billion in a U.S. facility, underscoring supply-chain investment around NVIDIA’s ecosystem.
- Positive Sentiment: Multiple articles highlighted bullish valuation takes, including claims that NVIDIA is trading at its cheapest levels in years and may be undervalued relative to its AI growth prospects.
- Neutral Sentiment: Market chatter around SK hynix’s large U.S. listing and broader memory-bottleneck commentary points to continued AI supply-chain momentum, but the direct impact on NVDA is indirect.
- Neutral Sentiment: Reports about Meta building its own AI chip and other hyperscalers pursuing custom silicon add competitive noise, though investors appear to be treating NVIDIA’s platform advantage as intact for now.
- Negative Sentiment: Some coverage warned that AI companies’ borrowing and capital-spending spree could become a risk, raising questions about the durability of the current infrastructure boom.
Analyst Ratings Changes
NVDA has been the subject of several recent research reports. China Renaissance started coverage on NVIDIA in a research note on Friday, June 5th. They issued a “buy” rating and a $319.00 price target for the company. Mizuho set a $300.00 price target on shares of NVIDIA in a report on Thursday, May 21st. Wolfe Research restated an “outperform” rating and issued a $275.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Itau BBA Securities decreased their target price on NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Finally, DZ Bank reissued a “buy” rating on shares of NVIDIA in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $303.84.
NVIDIA Stock Performance
The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The stock has a market cap of $5.11 trillion, a price-to-earnings ratio of 32.31, a PEG ratio of 0.45 and a beta of 2.21. The stock’s fifty day moving average is $209.45 and its 200-day moving average is $194.30.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm’s revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 EPS. On average, analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current year.
NVIDIA Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a dividend of $0.25 per share. The ex-dividend date was Thursday, June 4th. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s dividend payout ratio is 15.31%.
NVIDIA declared that its Board of Directors has approved a stock buyback program on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.
Insider Buying and Selling
In related news, Director John Dabiri sold 625 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the sale, the director directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Company insiders own 3.94% of the company’s stock.
Hedge Funds Weigh In On NVIDIA
A number of institutional investors have recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA during the fourth quarter worth $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA in the first quarter worth approximately $27,000. Longfellow Investment Management Co. LLC increased its stake in NVIDIA by 47.9% in the second 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 in the last quarter. Phillip James Consulting Co. bought a new position in NVIDIA in the first quarter worth approximately $40,000. Finally, Spurstone Advisory Services LLC bought a new position in shares of NVIDIA in the 2nd quarter worth $40,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.
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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