NVIDIA (NASDAQ:NVDA) Given New $210.00 Price Target at Barclays

Key Points

• Barclays cut its NVIDIA price target from $275 to $210 but maintained an “overweight” rating; the new target implies 31.25% upside from the price cited in the report.
• Analyst views remain broadly positive: MarketBeat reports a “Moderate Buy” consensus and an average target of $282.36, despite Barclays’ reduction.
• NVIDIA recently beat quarterly earnings and revenue expectations, and its board authorized a $150 billion share-repurchase program.

NVIDIA (NASDAQ:NVDA - Get Free Report) had its target price reduced by analysts at Barclays from $275.00 to $210.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an "overweight" rating on the computer hardware maker's stock. Barclays's price objective would indicate a potential upside of 31.25% from the company's current price.

Several other research firms have also commented on NVDA. KGI Securities raised their target price on NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. Mizuho set a $250.00 price target on NVIDIA in a report on Monday. Yorkville Ives started coverage on NVIDIA in a research report on Tuesday, October 6th. They issued an "outperform" rating and a $300.00 price objective on the stock. Royal Bank Of Canada set a $225.00 price objective on shares of NVIDIA in a research note on Thursday. Finally, Daiwa Securities Group dropped their price objective on shares of NVIDIA from $255.00 to $245.00 and set an "outperform" rating on the stock in a research note on Thursday, September 17th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus target price of $282.36.

NVIDIA Stock Performance

Shares of NVDA stock traded down $6.19 during trading hours on Friday, hitting $160.00. The company's stock had a trading volume of 150,271,484 shares, compared to its average volume of 155,427,766. The company has a 50 day moving average of $215.96 and a 200 day moving average of $204.25. The stock has a market cap of $3.86 trillion, a PE ratio of 20.24, a price-to-earnings-growth ratio of 1.34 and a beta of 2.21. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. NVIDIA has a 12-month low of $148.80 and a 12-month high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results 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 firm had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm's revenue was up 105.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.05 earnings per share. On average, sell-side analysts forecast that NVIDIA will post 9.29 EPS for the current fiscal year.

NVIDIA announced that its board has approved a share repurchase program on Monday, September 28th that authorizes the company to repurchase $150 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Share buyback programs are typically a sign that the company's management believes its stock is undervalued.

Insider Buying and Selling

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the business'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 transaction of $7,648,787.90. Following the completion of the sale, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the business's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This trade represents 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 1,766,118 shares of company stock worth $399,450,353 in the last 90 days. Insiders own 3.94% of the company's stock.

Institutional Trading of NVIDIA

Several large investors have recently made changes to their positions in the company. State Street Corp boosted its holdings in shares of NVIDIA by 1.5% during the 3rd quarter. State Street Corp now owns 1,025,075,347 shares of the computer hardware maker's stock worth $234,355,574,000 after purchasing an additional 15,291,910 shares during the last quarter. Bank of America Corp DE increased its position in 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 worth $39,090,956,000 after purchasing an additional 4,165,875 shares during the last quarter. Amundi increased its position in NVIDIA by 10.4% during the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after purchasing an additional 12,575,177 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in NVIDIA by 0.6% during the first quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock worth $16,479,126,000 after purchasing an additional 555,221 shares during the period. Finally, Deutsche Bank AG raised its stake in NVIDIA by 2.3% during the second quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock worth $18,399,108,000 after purchasing an additional 2,045,101 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting NVIDIA

Investors following NVDA have been watching these headlines:

• Positive Sentiment: AI infrastructure demand and NVIDIA’s upcoming Vera Rubin platform could support growth. Fiscal third-quarter results and guidance, scheduled for November 17, may help investors assess whether the business remains on track despite the leadership change. Can AI Infrastructure Demand Sustain NVIDIA’s Data Center Growth?
• Negative Sentiment: Huang’s immediate resignation removes the leader closely associated with NVIDIA’s rise and leaves the company without a permanent CEO. Reports questioning the succession plan—including claims Huang privately criticized Kress—add uncertainty about leadership continuity. Nvidia Faces a Difficult Founder Transition
• Negative Sentiment: Analyst downgrades and price-target cuts reflect concerns about succession, governance and competition. Rivals such as AMD and Broadcom may benefit if customers use the turmoil to diversify suppliers, while export restrictions could weigh on the wider chip industry. Analyst Warns Nvidia Turmoil Could Prompt Industry Earnings Reset

NVIDIA Company Profile

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.

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