NVIDIA’s (NVDA) “Buy” Rating Reaffirmed at Sanford C. Bernstein

Sanford C. Bernstein reaffirmed their buy rating on shares of NVIDIA (NASDAQ:NVDA) in a report released on Friday morning,MarketScreener Latest Ratings reports. Sanford C. Bernstein currently has a $275.00 target price on the computer hardware maker’s stock.

A number of other brokerages have also issued reports on NVDA. Argus reiterated a “buy” rating and issued a $220.00 price target on shares of NVIDIA in a research note on Thursday, November 20th. Raymond James Financial set a $272.00 target price on NVIDIA and gave the stock a “strong-buy” rating in a research report on Thursday, November 20th. Mizuho lifted their target price on NVIDIA from $235.00 to $245.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. Jefferies Financial Group restated a “buy” rating and issued a $250.00 price target (up from $240.00) on shares of NVIDIA in a research note on Thursday, November 20th. Finally, President Capital lifted their price objective on shares of NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, November 28th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $262.14.

NVIDIA Trading Up 3.9%

NVIDIA stock opened at $180.99 on Friday. The firm has a 50 day moving average of $185.58 and a 200 day moving average of $174.93. The firm has a market capitalization of $4.40 trillion, a price-to-earnings ratio of 44.91, a P/E/G ratio of 0.85 and a beta of 2.29. NVIDIA has a 12-month low of $86.62 and a 12-month high of $212.19. The company has a current ratio of 4.47, a quick ratio of 3.71 and a debt-to-equity ratio of 0.06.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.07. The business had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The company’s revenue for the quarter was up 62.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.81 earnings per share. As a group, research analysts predict that NVIDIA will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, December 4th. NVIDIA’s dividend payout ratio (DPR) is presently 0.99%.

Insider Transactions at NVIDIA

In related news, CFO Colette Kress sold 30,500 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $178.11, for a total value of $5,432,355.00. Following the completion of the transaction, the chief financial officer owned 1,286,826 shares of the company’s stock, valued at approximately $229,196,578.86. This trade represents a 2.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $181.73, for a total value of $63,605,500.00. Following the completion of the transaction, the director owned 7,049,803 shares of the company’s stock, valued at approximately $1,281,160,699.19. This represents a 4.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 2,163,974 shares of company stock worth $396,087,917. 4.17% of the stock is currently owned by corporate insiders.

Institutional Trading of NVIDIA

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC raised its position in NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after purchasing an additional 382,231,120 shares during the period. Norges Bank bought a new position in shares of NVIDIA during the second quarter valued at approximately $51,386,863,000. Nuveen LLC purchased a new stake in shares of NVIDIA in the first quarter worth approximately $15,089,414,000. Goldman Sachs Group Inc. raised its holdings in shares of NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after buying an additional 103,889,872 shares during the period. Finally, Capital Research Global Investors boosted its holdings in NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after acquiring an additional 22,896,705 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: U.S. review could pave way for H200 shipments to China — reports say the administration launched a review that might allow exports of Nvidia’s H200 AI chips to China, which would materially expand addressable demand and revenue prospects. US launches review of advanced Nvidia AI chip sales to China
• Positive Sentiment: Regulatory overhang removed on Intel tie-up — U.S. antitrust agencies cleared Nvidia’s investment in Intel, reducing a near-term regulatory risk and supporting strategic partnerships that could help scale production and go-to-market efforts. Nvidia-Intel deal cleared by US antitrust agencies
• Positive Sentiment: Analysts getting more bullish — several firms (Sanford C. Bernstein reiterated buy at $275, Truist raised its PT to $275, Zacks boosted EPS estimates) are lifting targets or confirming buys, helping technical momentum and positioning for upside. MarketScreener Latest Ratings
• Neutral Sentiment: Management clarifies OpenAI investment status — Jensen Huang said Nvidia has not yet funded its announced plan around OpenAI, which removes some rumor-driven uncertainty but leaves the timing and size of any investment unclear. Nvidia has not given OpenAI ‘a penny yet,’ CEO Huang tells Fox Business
• Negative Sentiment: Insider selling disclosed — long-time director Harvey Jones sold 250,000 shares (~$44M), a headline that can spook some investors even though large insiders often diversify. Nvidia director sells $44 million in stock

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.