NVIDIA (NASDAQ:NVDA) Upgraded to “Strong-Buy” at Wall Street Zen

NVIDIA (NASDAQ:NVDA) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

A number of other research firms have also commented on NVDA. Wolfe Research reaffirmed an “outperform” rating and issued a $275.00 price objective on shares of NVIDIA in a research note on Thursday. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research note on Thursday. CICC Research raised their price objective on shares of NVIDIA from $240.60 to $268.30 and gave the stock an “outperform” rating in a research note on Friday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $325.00 price objective on shares of NVIDIA in a research note on Thursday. Finally, BTIG Research assumed coverage on shares of NVIDIA in a research note on Wednesday, April 15th. They issued a “buy” rating for the company. Four analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $303.27.

NVIDIA Trading Down 1.9%

NVIDIA stock opened at $215.33 on Friday. The company has a 50 day moving average price of $196.10 and a 200 day moving average price of $189.06. NVIDIA has a 52 week low of $129.16 and a 52 week high of $236.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.24 and a current ratio of 3.44. The firm has a market capitalization of $5.21 trillion, a price-to-earnings ratio of 32.98, a P/E/G ratio of 0.68 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. During the same quarter last year, the business posted $0.81 EPS. The company’s revenue was up 85.2% on a year-over-year basis. Research analysts forecast that NVIDIA will post 7.88 EPS for the current year.

NVIDIA declared that its board has authorized a share repurchase plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 42,650 shares of the firm’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the transaction, the chief financial officer owned 881,387 shares in the company, valued at approximately $154,145,772.43. This trade represents a 4.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Dabiri sold 3,004 shares of the stock in a transaction 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. The trade was a 16.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 906,336 shares of company stock worth $162,802,518 in the last ninety days. Company insiders own 4.17% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. State Street Corp increased its holdings in shares of NVIDIA by 1.2% during the 4th quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock valued at $184,911,111,000 after acquiring an additional 11,451,386 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of NVIDIA by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock valued at $109,446,217,000 after acquiring an additional 3,383,441 shares during the last quarter. Norges Bank acquired a new position in shares of NVIDIA during the 4th quarter valued at about $62,244,133,000. Bank of America Corp DE increased its holdings in shares of NVIDIA by 2.1% during the 1st quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock valued at $33,345,453,000 after acquiring an additional 4,019,505 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in NVIDIA by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock worth $33,808,862,000 after acquiring an additional 2,609,560 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA delivered a record quarter with massive revenue growth, strong guidance, and record data center sales. The Tech Download: What you might have missed in Nvidia’s earnings — a $200 billion opportunity and edge computing
• Positive Sentiment: The company raised its dividend sharply and approved an $80 billion buyback, signaling confidence in future cash generation. Nvidia Just Raised Its Dividend By 2,400% — and That Wasn’t Even the Biggest News From Its Earnings Report
• Positive Sentiment: Wall Street remains broadly bullish, with multiple analysts raising price targets after earnings. Nvidia stock continues to struggle after earnings, but analysts remain firmly bullish
• Neutral Sentiment: Despite the strong report, the market seems to be digesting the results rather than rewarding them, suggesting investors may think the bar was already very high. Nvidia Stock Misses Out on Friday’s Rally. Here’s How Much Traders See It Moving Next Week
• Negative Sentiment: Some investors remain worried about valuation, competition, and the possibility that AI spending growth could slow from current extreme levels. Why Nvidia Stock Is Barely Moving After Earnings Crushed Expectations

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.