NVIDIA (NASDAQ:NVDA) Stock Jumps 1.4% – Here’s What Happened

Posted by Brenda Bartman on Oct 19th, 2026

NVIDIA Corporation (NASDAQ:NVDA – Get Free Report)’s share price shot up 1.4% during trading on Monday. The stock traded as high as $219.62 and last traded at $217.09. 96,925,787 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 151,067,094 shares. The stock had previously closed at $214.13.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA reported a record 104-qubit fault-tolerant quantum-computing simulation on Europe’s JUPITER exascale supercomputer. The work used NVIDIA GH200 GPUs, cuQuantum and CUDA-Q, and validated an approach requiring 90% fewer physical qubits—strengthening the company’s position in accelerated and quantum-computing research. NVIDIA Runs Record Simulation of Fault-Tolerant Quantum Computing
Positive Sentiment: NVIDIA is expanding its ecosystem through next-generation HBM development with Samsung and TSMC, an AI-computing collaboration with SpaceX, and the launch of open-weight models for enterprise and PC-based AI agents. These initiatives could broaden demand beyond major AI laboratories. NVIDIA AI Chip and Space Computing Deals
Positive Sentiment: Reuters reported that NVIDIA won AI startup Modal as a customer for new central processors, supporting the company’s effort to expand beyond GPUs. Separately, GMO Internet approved a roughly ¥26.1 billion investment in an NVIDIA-powered GPU cloud data center, providing additional evidence of infrastructure demand. NVIDIA Wins Modal
Neutral Sentiment: Investor commentary remains divided. Bulls point to rapid earnings growth, a reported $235 billion buyback authorization and long-term AI demand, while valuation-focused analysts argue that the shares already reflect aggressive growth assumptions. These views may support the stock but are not new operating results. NVIDIA Buyback Commentary
Negative Sentiment: Amazon says its TorchNeuron software will allow existing PyTorch code to run on its Trainium chips with minimal changes. If the public beta performs as promised, it could weaken NVIDIA’s CUDA software moat and encourage customers to adopt Amazon’s competing in-house accelerators. Amazon AI Chips Challenge NVIDIA
Negative Sentiment: Rising borrowing costs and stress at debt-heavy AI cloud provider CoreWeave have revived concerns about whether customers can finance the massive infrastructure build-out supporting NVIDIA demand. NVIDIA’s exposure to CoreWeave makes this a near-term sentiment and credit risk, even though underlying demand remains strong. NVIDIA Valuation and CoreWeave Risk

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price objective on shares of NVIDIA in a research note on Monday, August 24th. Morgan Stanley set a $230.00 target price on shares of NVIDIA in a report on Friday, October 2nd. Melius Research set a $420.00 target price on shares of NVIDIA in a research note on Thursday, August 27th. BNP Paribas Exane reissued an “outperform” rating and set a $345.00 target price on shares of NVIDIA in a research note on Monday, October 5th. Finally, HSBC raised their target price on shares of NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. Five analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $321.47.

Read Our Latest Report on NVIDIA

NVIDIA Trading Up 1.4%

The company has a fifty day simple moving average of $223.20 and a 200-day simple moving average of $211.42. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a market cap of $5.23 trillion, a price-to-earnings ratio of 27.45, a P/E/G ratio of 1.65 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same period in the prior year, the firm earned $1.05 earnings per share. The business’s quarterly revenue was up 105.9% on a year-over-year basis. On average, research analysts forecast that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a dividend of $0.25 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s payout ratio is currently 12.64%.

NVIDIA announced that its board has initiated a share buyback plan on Monday, September 28th that permits the company to buy back $150.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

Insider Activity at NVIDIA

In related news, CFO Colette Kress sold 34,918 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the transaction, the chief financial officer owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at $598,810,648. This represents a 1.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of NVDA. James Hambro & Partners LLP grew its stake in shares of NVIDIA by 3.2% in the 3rd quarter. James Hambro & Partners LLP now owns 902,781 shares of the computer hardware maker’s stock valued at $206,091,000 after buying an additional 28,312 shares in the last quarter. Richards Merrill & Peterson Inc. raised its position in NVIDIA by 1.3% during the third quarter. Richards Merrill & Peterson Inc. now owns 48,556 shares of the computer hardware maker’s stock valued at $11,089,000 after acquiring an additional 646 shares in the last quarter. Kondo Wealth Advisors Inc. lifted its stake in NVIDIA by 0.9% in the third quarter. Kondo Wealth Advisors Inc. now owns 10,360 shares of the computer hardware maker’s stock valued at $2,366,000 after acquiring an additional 93 shares during the last quarter. Washburn Capital Management Inc. acquired a new stake in NVIDIA in the third quarter valued at approximately $4,334,000. Finally, New Wave Wealth Advisors LLC grew its position in NVIDIA by 8.3% in the third quarter. New Wave Wealth Advisors LLC now owns 31,790 shares of the computer hardware maker’s stock worth $7,265,000 after acquiring an additional 2,424 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Company Profile

(Get Free Report)

NVIDIA Corporation (NASDAQ: NVDA) is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company’s products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.