NVIDIA (NASDAQ:NVDA) Shares Climb 2.3% – Time to Buy?

Posted by Stanley Muller on Nov 3rd, 2026

NVIDIA Corporation (NASDAQ:NVDA – Get Free Report) traded up 2.3% during trading on Tuesday. The stock traded as high as $209.14 and last traded at $206.69. 89,295,297 shares changed hands during trading, a decline of 40% from the average session volume of 148,288,281 shares. The stock had previously closed at $202.06.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: The chip-sector bounce helped lift NVIDIA, ending a four-session losing streak. The recovery came despite a warning that Chinese AI labs could eventually export competing chips, suggesting the concern has not yet deterred demand for NVIDIA’s products. Nvidia up over 3%: what’s driving Tuesday’s rally?
Positive Sentiment: NVIDIA’s DSX POD modular design aims to shorten AI-factory deployment to 14 days. Faster installations could let customers bring GPU capacity online and earn revenue sooner, supporting demand across NVIDIA’s AI platform. Nvidia’s New 14-Day AI Deployment Goal Could Unlock Faster Growth
Positive Sentiment: Some investors see the recent pullback as an opportunity, arguing that strong AI-driven revenue growth and continued infrastructure spending could outweigh near-term share-price weakness. Nvidia Is Extremely Compelling Right Now And Here’s Why
Negative Sentiment: NVIDIA reportedly told cloud partners to keep at least 51% of services outside China, potentially limiting access to Chinese customers and highlighting geopolitical and market-access risks. Meanwhile, the prospect of Chinese chipmakers selling abroad adds to longer-term competitive concerns. Nvidia Tells Cloud Clients to Cap Chinese Business at 49%
Negative Sentiment: Broader pressure on AI shares remains a risk: reports cite a large recent selloff and hedge funds turning underweight AI stocks. NVIDIA’s upcoming earnings may be an important test of whether investor confidence in the AI trade stabilizes. AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI

Analysts Set New Price Targets

NVDA has been the subject of a number of research analyst reports. Mizuho set a $315.00 price target on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 27th. Benchmark reissued a “buy” rating and set a $335.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Daiwa Securities Group lowered their target price on shares of NVIDIA from $255.00 to $245.00 and set an “outperform” rating on the stock in a research report on Thursday, September 17th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NVIDIA in a report on Wednesday, October 21st. Finally, Sanford C. Bernstein reaffirmed a “buy” rating on shares of NVIDIA in a report on Monday, September 21st. Five equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $318.85.

View Our Latest Report on NVIDIA

NVIDIA Trading Up 2.3%

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 business has a 50 day moving average of $221.49 and a 200-day moving average of $204.33. The stock has a market cap of $4.98 trillion, a PE ratio of 26.13, a price-to-earnings-growth ratio of 1.65 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter last year, the business posted $1.05 earnings per share. NVIDIA’s revenue was up 105.9% compared to the same quarter last year. On average, analysts anticipate that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA Announces Dividend

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

NVIDIA declared that its board has initiated a share buyback plan on Monday, September 28th that permits the company to buy back $150 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other news, EVP Timothy Teter sold 30,460 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the transaction, the executive vice president owned 2,687,660 shares of the company’s stock, valued at $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the transaction, the director directly owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,766,118 shares of company stock valued at $399,450,353 in the last ninety days. Insiders own 3.94% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Ethos Capital Management Inc. boosted its stake in NVIDIA by 8.2% during the third quarter. Ethos Capital Management Inc. now owns 31,777 shares of the computer hardware maker’s stock valued at $7,257,000 after buying an additional 2,418 shares during the period. Pictet Asset Management Holding SA raised its holdings in shares of NVIDIA by 0.3% in the 3rd quarter. Pictet Asset Management Holding SA now owns 21,487,881 shares of the computer hardware maker’s stock valued at $4,907,234,000 after acquiring an additional 67,057 shares in the last quarter. Sierra Ocean LLC raised its holdings in shares of NVIDIA by 1.6% in the 3rd quarter. Sierra Ocean LLC now owns 14,076 shares of the computer hardware maker’s stock valued at $3,215,000 after acquiring an additional 217 shares in the last quarter. Verus Capital Partners LLC bought a new stake in shares of NVIDIA during the 3rd quarter valued at about $130,419,000. Finally, Investment Management Corp VA ADV boosted its position in shares of NVIDIA by 3.3% during the 3rd quarter. Investment Management Corp VA ADV now owns 5,554 shares of the computer hardware maker’s stock valued at $1,268,000 after acquiring an additional 176 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

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.