NVIDIA (NASDAQ:NVDA) Stock Price Up 2.3% on Analyst Upgrade

Posted by Francis Steltz on Sep 23rd, 2026

NVIDIA Corporation (NASDAQ:NVDA – Get Free Report)’s share price rose 2.3% on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $228.50 and last traded at $227.38. 108,653,817 shares changed hands during trading, a decline of 30% from the average session volume of 156,133,750 shares. The stock had previously closed at $222.27.

Other analysts have also issued reports about the company. China Renaissance raised their price target on NVIDIA from $319.00 to $330.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Royal Bank Of Canada raised their target price on shares of NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. BMO Capital Markets set a $340.00 target price on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 20th. Jefferies Financial Group reaffirmed a “buy” rating on shares of NVIDIA in a research report on Wednesday, August 26th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $315.00 price target on shares of NVIDIA in a research note on Tuesday, August 11th. Four analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $324.34.

Get Our Latest Research Report on NVIDIA

Insiders Place Their Bets

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was 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 in the company, valued at $167,595,812.15. This represents a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the firm’s stock in a transaction 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 sale, the director directly owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,735,658 shares of company stock worth $392,663,865 over the last ninety days. 3.94% of the stock is owned by company insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Analysts remain optimistic about NVIDIA’s next growth cycle. One forecast places the stock at $310.20, citing the Vera Rubin production ramp, more than $500 billion in AI infrastructure spending mobilized through partners and continued expansion of AI computing demand. NVIDIA Stock Set for 40% Surge
Positive Sentiment: Demand appears to be outpacing NVIDIA’s already-strong growth outlook. Management has indicated that processor demand could support a significant increase in fiscal 2028 sales, although manufacturing capacity may limit growth to roughly 70%. NVIDIA Demand and Growth Forecast
Positive Sentiment: Quanome Technologies agreed to spend approximately $18.8 million on NVIDIA GPU-powered infrastructure for a planned U.S. AI cloud hub. The agreement provides another example of third-party demand for NVIDIA systems, though the project remains subject to funding, delivery and deployment. Quanome AI Infrastructure Hub
Positive Sentiment: NVIDIA selected IonQ’s Superion 256 quantum system for installation at its quantum research center, where it will connect with NVIDIA’s GB200 NVL72 platform through NVQLink. The announcement reinforces NVIDIA’s positioning in emerging quantum-computing infrastructure. IonQ Superion 256 Selection
Positive Sentiment: NVIDIA and Aolani plan to deploy 22,000 GPUs across more than 100 megawatts of AI-factory capacity in Malaysia and the Philippines, expanding the company’s Southeast Asian data-center footprint. NVIDIA Southeast Asia AI Factories
Neutral Sentiment: NVIDIA received a Zacks upgrade to “Strong Buy,” while other commentary points to favorable earnings momentum and strong AI infrastructure exposure. These ratings are supportive but do not guarantee further gains.
Negative Sentiment: Technical analysis cited a possible correction toward $135 by early January 2027, highlighting the stock’s elevated volatility and the risk of a sharp reversal after its extended rally. NVIDIA Technical Correction Forecast
Negative Sentiment: A major individual shareholder reportedly sold nearly $1 billion of NVIDIA stock over several weeks. The selling could raise concerns about insider confidence, although it does not change the company’s operating outlook. NVIDIA Insider Trading Alert
Negative Sentiment: AMD’s rapid growth, large OpenAI and Oracle commitments and expanding accelerator business indicate that hyperscalers are increasingly diversifying beyond NVIDIA. Higher rates, AI-financing concerns and possible Chinese competition remain additional risks.

Institutional Trading of NVIDIA

Hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp grew its position in shares of NVIDIA by 1.6% during the 2nd quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker’s stock worth $202,047,568,000 after buying an additional 15,897,836 shares during the period. Wellington Altus USA Inc. grew its holdings in NVIDIA by 8.0% in the second quarter. Wellington Altus USA Inc. now owns 14,583 shares of the computer hardware maker’s stock worth $2,918,000 after purchasing an additional 1,081 shares during the period. Anchor Investment Management LLC increased its stake in NVIDIA by 4.7% in the second quarter. Anchor Investment Management LLC now owns 90,989 shares of the computer hardware maker’s stock valued at $18,206,000 after purchasing an additional 4,049 shares in the last quarter. Bullseye Investment Management LLC bought a new stake in NVIDIA in the second quarter valued at $396,000. Finally, Talon Private Wealth LLC raised its holdings in shares of NVIDIA by 22.9% during the second quarter. Talon Private Wealth LLC now owns 44,085 shares of the computer hardware maker’s stock valued at $8,821,000 after purchasing an additional 8,224 shares during the period. 65.27% of the stock is owned by institutional investors.

NVIDIA Stock Down 1.5%

The stock has a market cap of $5.43 trillion, a price-to-earnings ratio of 28.63, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22. The firm’s fifty day moving average price is $215.47 and its two-hundred day moving average price is $205.09. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85.

NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating 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 period last year, the business posted $1.05 EPS. The firm’s revenue for the quarter was up 105.9% compared to the same quarter last year. Sell-side analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA’s payout ratio is 12.64%.

NVIDIA Company Profile

(Get Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.