A number of research firms have changed their ratings and price targets for Nvidia Corp. (NASDAQ: NVDA):

  • 9/20/2016 – Nvidia Corp. is now covered by analysts at Susquehanna. They set a “neutral” rating and a $66.00 price target on the stock.
  • 9/19/2016 – Nvidia Corp. is now covered by analysts at SunTrust Banks Inc.. They set a “neutral” rating and a $59.00 price target on the stock.
  • 9/18/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $73.00 price target on the stock.
  • 9/15/2016 – Nvidia Corp. had its price target raised by analysts at MKM Partners from $70.00 to $74.00. They now have a “buy” rating on the stock.
  • 9/15/2016 – Nvidia Corp. was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $68.19 price target on the stock.
  • 9/14/2016 – Nvidia Corp. had its “outperform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $72.00 price target on the stock.
  • 9/13/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $73.00 price target on the stock.
  • 9/12/2016 – Nvidia Corp. was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $67.52 price target on the stock.
  • 9/12/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at Nomura. They now have a $62.50 price target on the stock.
  • 9/5/2016 – Nvidia Corp. was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $67.35 price target on the stock.
  • 9/1/2016 – Nvidia Corp. was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $65.07 price target on the stock.
  • 8/31/2016 – Nvidia Corp. had its “outperform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $72.00 price target on the stock.
  • 8/31/2016 – Nvidia Corp. is now covered by analysts at Summit Redstone. They set a “buy” rating and a $68.00 price target on the stock.
  • 8/29/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $70.00 price target on the stock.
  • 8/24/2016 – Nvidia Corp. had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
  • 8/15/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $73.00 price target on the stock.
  • 8/15/2016 – Nvidia Corp. had its “hold” rating reaffirmed by analysts at Brean Capital.
  • 8/15/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at Nomura. They now have a $62.50 price target on the stock, up previously from $55.00.
  • 8/15/2016 – Nvidia Corp. had its price target raised by analysts at Argus from $54.00 to $72.00. They now have a “buy” rating on the stock.
  • 8/15/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at Bank of America Corp.. They now have a $72.00 price target on the stock, up previously from $65.00.
  • 8/15/2016 – Nvidia Corp. was upgraded by analysts at Vetr from a “sell” rating to a “buy” rating. They now have a $65.58 price target on the stock.
  • 8/12/2016 – Nvidia Corp. had its price target raised by analysts at Mizuho to $66.00. They now have a “buy” rating on the stock.
  • 8/12/2016 – Nvidia Corp. was upgraded by analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating. They now have a $72.00 price target on the stock, up previously from $47.00.
  • 8/12/2016 – Nvidia Corp. was upgraded by analysts at RBC Capital Markets from a “sector perform” rating to an “outperform” rating. They now have a $72.00 price target on the stock, up previously from $47.00.
  • 8/12/2016 – Nvidia Corp. had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $51.00 price target on the stock, up previously from $32.00.
  • 8/12/2016 – Nvidia Corp. had its price target raised by analysts at Goldman Sachs Group Inc. to $70.00. They now have a “buy” rating on the stock.
  • 8/12/2016 – Nvidia Corp. had its price target raised by analysts at Canaccord Genuity to $70.00. They now have a “buy” rating on the stock.
  • 8/12/2016 – Nvidia Corp. had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $59.00 price target on the stock.
  • 8/11/2016 – Nvidia Corp. had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $64.00 price target on the stock, up previously from $55.00.
  • 8/10/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $64.50 price target on the stock.
  • 8/10/2016 – Nvidia Corp. had its price target raised by analysts at Barclays PLC from $30.00 to $40.00. They now have an “underweight” rating on the stock.
  • 8/9/2016 – Nvidia Corp. was given a new $68.00 price target on by analysts at Roth Capital. They now have a “buy” rating on the stock.
  • 8/8/2016 – Nvidia Corp. had its price target raised by analysts at Jefferies Group from $56.00 to $69.00. They now have a “buy” rating on the stock.
  • 8/5/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $64.50 price target on the stock.
  • 8/5/2016 – Nvidia Corp. had its “hold” rating reaffirmed by analysts at Pacific Crest.
  • 7/31/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $64.50 price target on the stock.
  • 7/28/2016 – Nvidia Corp. was upgraded by analysts at Vetr from a “strong sell” rating to a “sell” rating. They now have a $50.75 price target on the stock.
  • 7/26/2016 – Nvidia Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $64.50 price target on the stock.
  • 7/25/2016 – Nvidia Corp. was downgraded by analysts at Vetr from a “sell” rating to a “strong sell” rating. They now have a $49.47 price target on the stock.

Shares of Nvidia Corp. (NASDAQ:NVDA) traded up 2.81% on Wednesday, reaching $64.86. 8,395,312 shares of the company’s stock were exchanged. Nvidia Corp. has a 12 month low of $22.50 and a 12 month high of $65.26. The firm’s 50 day moving average price is $61.14 and its 200-day moving average price is $47.06. The company has a market capitalization of $34.70 billion, a P/E ratio of 42.61 and a beta of 1.26.

Nvidia Corp. (NASDAQ:NVDA) last issued its quarterly earnings results on Thursday, August 11th. The computer hardware maker reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.16. Nvidia Corp. had a net margin of 16.58% and a return on equity of 20.86%. The company earned $1.43 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same period in the prior year, the company earned $0.34 EPS. Nvidia Corp.’s revenue was up 23.9% on a year-over-year basis. On average, equities analysts anticipate that Nvidia Corp. will post $1.85 EPS for the current year.

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The company also recently disclosed a quarterly dividend, which was paid on Friday, September 16th. Shareholders of record on Thursday, August 25th were paid a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend was Tuesday, August 23rd. Nvidia Corp.’s dividend payout ratio is presently 30.26%.

In other Nvidia Corp. news, insider Michael Byron sold 409 shares of the company’s stock in a transaction dated Thursday, September 1st. The shares were sold at an average price of $63.35, for a total transaction of $25,910.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jen Hsun Huang sold 43,727 shares of the company’s stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of $62.81, for a total transaction of $2,746,492.87. Following the sale, the insider now directly owns 1,827,279 shares of the company’s stock, valued at $114,771,393.99. The disclosure for this sale can be found here. Company insiders own 5.82% of the company’s stock.

NVIDIA Corporation (NVIDIA) is engaged in visual computing. The Company operates through segments, including GPU and Tegra Processor. Its GPU businesses include GeForce for personal computer (PC) gaming; Quadro for design professionals working in computer-aided design, video editing, special effects and other creative applications; Tesla for deep learning and accelerated computing, leveraging the parallel computing capabilities of graphics processing units (GPUs) for general purpose computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters.

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