NVIDIA (NASDAQ:NVDA) Stock Rating Cut to Sector Weight at KeyCorp

Posted by Stanley Muller on Nov 12th, 2026

NVIDIA (NASDAQ:NVDA – Get Free Report) was downgraded by investment analysts at KeyCorp from an “overweight” rating to a “sector weight” rating in a research note issued on Thursday, MarketBeat Ratings reports.

A number of other equities research analysts have also issued reports on the company. Robert W. Baird lowered NVIDIA from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $500.00 to $200.00 in a research note on Wednesday. Mizuho set a $250.00 price objective on NVIDIA in a research report on Monday. DA Davidson reiterated a “buy” rating and set a $300.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. Benchmark reissued a “buy” rating and set a $335.00 target price on shares of NVIDIA in a research note on Thursday, August 27th. Finally, William Blair cut shares of NVIDIA from an “outperform” rating to a “market perform” rating in a report on Thursday. Five analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $298.18.

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NVIDIA Stock Performance

NVIDIA stock opened at $173.73 on Thursday. 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 has a 1-year low of $164.27 and a 1-year high of $243.37. The firm has a market capitalization of $4.19 trillion, a P/E ratio of 21.96, a price-to-earnings-growth ratio of 1.30 and a beta of 2.21. The company’s 50-day moving average is $217.12 and its 200 day moving average is $204.35.

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

NVIDIA announced that its Board of Directors has authorized a stock repurchase program on Monday, September 28th that allows the company to repurchase $150 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Share repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

Insider Activity

In other news, CFO Colette Kress sold 34,918 shares of the stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the transaction, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Corporate insiders own 3.94% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in NVDA. State Street Corp grew its stake in NVIDIA by 1.5% in the third quarter. State Street Corp now owns 1,025,075,347 shares of the computer hardware maker’s stock valued at $234,355,574,000 after purchasing an additional 15,291,910 shares during the last quarter. Bank of America Corp DE lifted its position in shares of NVIDIA by 2.2% during the second quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker’s stock valued at $39,090,956,000 after buying an additional 4,165,875 shares during the last quarter. Amundi boosted its holdings in shares of NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock valued at $23,329,141,000 after buying an additional 12,575,177 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of NVIDIA by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock valued at $16,479,126,000 after buying an additional 555,221 shares in the last quarter. Finally, Deutsche Bank AG grew its position in shares of NVIDIA by 2.3% in the 2nd quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker’s stock worth $18,399,108,000 after buying an additional 2,045,101 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

More NVIDIA News

Here’s some of the latest news about NVDA:

Neutral Sentiment: The board is reportedly weighing Huang’s future after reports of alleged personal relationships, including one with an Nvidia employee. The company has not confirmed that it plans to remove him; uncertainty over succession is central to the market reaction. Article: A dark day for Nvidia: Analysts react as markets await news on Huang’s fate
Negative Sentiment: The allegations have revived scrutiny of whether restricted Nvidia AI chips reached China and prompted calls for tighter export controls; Congress is also reportedly preparing to question Huang. Any policy response could threaten sales opportunities and increase compliance risk. Article: Huang scandal revives push to tighten China chip curbs
Negative Sentiment: The turmoil is spilling into the broader AI trade: Nvidia-linked companies have weakened, while some investors have shifted toward chipmaking rivals. Article: Nasdaq futures fall as Nvidia turmoil rattles AI stocks

About NVIDIA

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NVIDIA Corporation develops graphics processing units (GPUs), accelerated computing platforms and related software. Founded in 1993, the company first became widely known for GPUs used in PC gaming and professional graphics. Its technology now also supports artificial intelligence, scientific computing and other data-intensive applications. NVIDIA’s offerings include GeForce products for gaming, data-center GPUs and systems for AI workloads, and networking products that connect computing infrastructure.