NVIDIA (NASDAQ:NVDA – Get Free Report) had its price objective increased by analysts at Royal Bank Of Canada from $250.00 to $270.00 in a research note issued on Thursday. The firm currently has an “outperform” rating on the computer hardware maker’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 20.49% from the stock’s current price.
Several other equities analysts have also recently weighed in on the company. Zacks Research upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. Mizuho set a $300.00 target price on shares of NVIDIA in a report on Thursday. Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 price target (up from $275.00) on shares of NVIDIA in a report on Thursday. Cantor Fitzgerald increased their price objective on shares of NVIDIA from $300.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Finally, Argus raised their price objective on shares of NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday. Four analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $298.58.
Check Out Our Latest Stock Report on NVIDIA
NVIDIA Trading Up 0.3%
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The business had revenue of $81.62 billion for the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter last year, the business posted $0.81 EPS. The firm’s revenue was up 85.2% compared to the same quarter last year. As a group, equities research analysts expect that NVIDIA will post 7.85 EPS for the current year.
NVIDIA announced that its Board of Directors has initiated a share repurchase program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.
Insider Transactions at NVIDIA
In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the sale, the director owned 36,007 shares of the company’s stock, valued at $6,362,796.97. The trade was a 34.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John Dabiri sold 3,004 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $184.90, for a total transaction of $555,439.60. Following the transaction, the director directly owned 14,788 shares in the company, valued at $2,734,301.20. This represents a 16.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 906,336 shares of company stock worth $162,802,518. 4.17% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On NVIDIA
Several hedge funds and other institutional investors have recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA during the fourth quarter worth about $26,000. Longview Financial Advisors Inc. bought a new stake in shares of NVIDIA during the 1st quarter worth approximately $27,000. Longfellow Investment Management Co. LLC boosted its position in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares in the last quarter. Phillip James Consulting Co. bought a new position in NVIDIA in the first quarter valued at approximately $40,000. Finally, Inspire Investing LLC bought a new stake in NVIDIA during the fourth quarter worth $44,000. 65.27% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting NVIDIA
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA reported record fiscal Q1 revenue of $81.6 billion, up 85% year over year, with EPS of $1.87 beating estimates and data center revenue surging to $75.2 billion. Article Title
- Positive Sentiment: The company boosted shareholder returns by authorizing an additional $80 billion share buyback and raising its quarterly dividend from $0.01 to $0.25 per share, reinforcing confidence in cash generation. Article Title
- Positive Sentiment: Wedbush raised its price target to $330 and JPMorgan lifted its target to $280, signaling continued Wall Street confidence in NVIDIA’s AI-led growth story. Article Title
- Positive Sentiment: Several reports highlighted NVIDIA’s expanding AI roadmap, including Vera Rubin, Vera CPUs, and broader agentic AI positioning, which supports the case for another leg of growth. Article Title
- Neutral Sentiment: Despite the strong quarter, some coverage noted that the stock’s reaction was muted because investors remain focused on competition, China exposure, and whether AI spending can keep accelerating at the current pace. Article Title
- Neutral Sentiment: NVIDIA’s Q2 guidance of about $91 billion in revenue topped consensus, but management excluded China data center revenue, leaving some uncertainty around how much of the growth story can be realized there. Article Title
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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