NVIDIA's (NVDA) Buy Rating Reaffirmed at Sanford C. Bernstein

Key Points

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NVIDIA (NASDAQ:NVDA - Get Free Report)'s stock had its "buy" rating restated by Sanford C. Bernstein in a research report issued to clients and investors on Monday.

A number of other analysts have also recently weighed in on NVDA. Wedbush upped their target price on shares of NVIDIA from $330.00 to $345.00 and gave the company an "outperform" rating in a research note on Thursday, August 27th. Truist Financial lifted their price objective on NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a research report on Thursday, August 27th. Jefferies Financial Group reaffirmed a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Phillip Securities upped their price target on NVIDIA from $285.00 to $300.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. Finally, Rothschild & Co Redburn boosted their price target on NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, NVIDIA has a consensus rating of "Buy" and a consensus price target of $324.14.

NVIDIA Stock Down 1.2%

NVDA stock opened at $222.77 on Monday. The company has a fifty day simple moving average of $215.73 and a 200 day simple moving average of $205.39. 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 1 year low of $164.27 and a 1 year high of $236.54. The firm has a market cap of $5.37 trillion, a PE ratio of 28.14, a PEG ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same period last year, the business posted $1.05 earnings per share. The firm's revenue was up 105.9% compared to the same quarter last year. Sell-side analysts anticipate that NVIDIA will post 9.25 EPS for the current fiscal year.

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Timothy S. Teter sold 30,460 shares of the firm's stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,766,118 shares of company stock valued at $399,450,353 over the last quarter. 3.94% of the stock is owned by company insiders.

Hedge Funds Weigh In On NVIDIA

Several hedge funds have recently modified their holdings of NVDA. State Street Corp boosted its stake in NVIDIA by 1.6% in the second quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock valued at $202,047,568,000 after acquiring an additional 15,897,836 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of NVIDIA by 2.2% during the 2nd 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 in the last quarter. Invesco Ltd. raised its stake in shares of NVIDIA by 0.3% during the fourth quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker's stock worth $26,714,167,000 after acquiring an additional 446,178 shares in the last quarter. J. Stern & Co. LLP boosted its stake in shares of NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock valued at $23,454,297,000 after purchasing an additional 124,849,603 shares in the last quarter. Finally, Amundi grew its stake in shares of NVIDIA by 10.4% during the first 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 during the last quarter. Institutional investors own 65.27% of the company's stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. Analysts and bullish commentary point to the Vera Rubin product ramp, expanding data-center spending and management’s expectation of roughly 70% revenue growth in fiscal 2028. NVIDIA demand outlook
• Positive Sentiment: Super Micro Computer began shipping NVIDIA’s Vera Rubin NVL72 liquid-cooled server racks, offering evidence that the latest platform is reaching customers and that hyperscaler AI capital spending is translating into physical deployments. Vera Rubin shipment report
• Positive Sentiment: SpaceX reportedly plans to use NVIDIA hardware exclusively, strengthening a major customer relationship. NVIDIA also selected IonQ’s quantum system for deployment at its Accelerated Quantum Research Center, broadening its AI and quantum-computing ecosystem. SpaceX and NVIDIA alliance
• Positive Sentiment: Several analysts remain constructive: one valuation model assigns a $310.20 target, implying substantial upside, while Zacks upgraded NVIDIA to “Strong Buy.” The company’s latest reported quarter also showed revenue growth above 100% year over year and an earnings beat.
• Neutral Sentiment: Jensen Huang’s comments that AI companies should not receive antitrust or liability exemptions may reassure policymakers, but could also signal that NVIDIA expects stricter compliance requirements as regulation develops. Reuters regulation report
• Neutral Sentiment: NVIDIA’s quarterly dividend of $0.25 per share is scheduled for October 1, but its approximately 0.4% yield is unlikely to materially influence the stock’s valuation.
• Negative Sentiment: Renewed Treasury-market selling pushed yields higher and raised concerns that interest rates could remain elevated or rise again in October. That environment is pressuring technology shares and increases the risk of valuation multiple compression for NVIDIA.
• Negative Sentiment: Insider-selling headlines are adding to caution. EVP Timothy Teter sold about $6.8 million of stock under a pre-arranged Rule 10b5-1 plan, while separate reports described a roughly $300 million director sale. These transactions do not necessarily indicate deteriorating fundamentals, but they can weigh on sentiment near record valuations. NVIDIA insider sale report

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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