NVIDIA Corporation (NASDAQ:NVDA) Stock Has Average Price Target of $321.89

Key Points

• Analysts remain bullish on NVIDIA: 55 analysts give the stock a consensus “Buy” rating, with an average 12-month price target of $321.89 versus a recent price of $229.28.
• NVIDIA reported quarterly EPS of $2.22, topping the $2.09 consensus estimate, while revenue rose 105.9% year over year to $96.22 billion.
• Institutional ownership remains high at 65.27%, although insiders sold approximately $399.5 million of stock over the past 90 days. The company also authorized a $150 billion share-repurchase program.

Shares of NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) have been assigned a consensus rating of "Buy" from the fifty-five analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, forty-nine have given a buy rating and five have given a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $321.89.

A number of brokerages have recently issued reports on NVDA. Wells Fargo & Company set a $210.00 target price on shares of NVIDIA in a research note on Friday, October 2nd. TD Cowen reiterated a "buy" rating on shares of NVIDIA in a report on Tuesday, August 18th. Mizuho set a $315.00 price objective on shares of NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. Morgan Stanley set a $230.00 target price on shares of NVIDIA in a research note on Friday, October 2nd. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of NVIDIA in a research report on Thursday, September 10th.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value 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. This represents a 4.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the stock in a transaction 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 transaction, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. The trade was a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,766,118 shares of company stock valued at $399,450,353 in the last ninety days. Corporate insiders own 3.94% of the company's stock.

Institutional Investors Weigh In On NVIDIA

Several hedge funds have recently modified their holdings of NVDA. State Street Corp lifted its position in shares of NVIDIA by 1.6% during the 2nd 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 boosted its position in shares of NVIDIA by 2.2% in 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 purchasing an additional 4,165,875 shares during the period. Invesco Ltd. increased its stake in NVIDIA by 0.3% in the 4th quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker's stock worth $26,714,167,000 after purchasing an additional 446,178 shares in the last quarter. Amundi raised its holdings in NVIDIA by 10.4% during the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after buying an additional 12,575,177 shares during the period. Finally, J. Stern & Co. LLP raised its holdings in NVIDIA by 13,709.1% during the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after buying an additional 124,849,603 shares during the period. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Trading Down 0.5%

NVDA opened at $229.28 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The stock's 50 day moving average price is $222.66 and its 200-day moving average price is $209.43. NVIDIA has a one year low of $164.27 and a one year high of $243.37. The stock has a market cap of $5.53 trillion, a price-to-earnings ratio of 28.99, a P/E/G ratio of 1.78 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter in the previous year, the business earned $1.05 EPS. NVIDIA's revenue was up 105.9% compared to the same quarter last year. On average, equities analysts forecast that NVIDIA will post 9.25 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date was Thursday, September 10th. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

NVIDIA declared that its board has approved a stock repurchase program on Monday, September 28th that permits the company to buy back $150.00 billion in shares. This buyback authorization permits the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its shares are undervalued.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. TSMC reported third-quarter revenue growth of 50%, while analysts cited continued hyperscaler spending and projected U.S. data-center capital expenditures of roughly $2 trillion next year—supportive of NVIDIA’s accelerator demand. NVIDIA AI spending outlook
• Positive Sentiment: SpaceX reportedly plans to raise as much as $40 billion to purchase NVIDIA AI chips, highlighting the scale of demand from emerging AI customers. NVIDIA also committed $1 billion over five years to U.S. scientific research in areas including quantum computing, healthcare and energy security. SpaceX NVIDIA chip purchase report
• Neutral Sentiment: Options activity is mixed: a large bullish trade suggests some investors expect further gains, but heavier put buying in the semiconductor ETF indicates increased hedging and caution across the chip sector. Technical analysts also see resistance near $235 and potential support around $215–$220. NVIDIA and semiconductor options activity
• Negative Sentiment: Investors remain concerned that AI spending may be debt-funded and approaching a peak. The withdrawal of NVIDIA-backed Firmus Grid’s proposed multibillion-dollar IPO, alongside reports that OpenAI’s annualized revenue was below earlier expectations, has raised questions about AI infrastructure valuations and customer funding. Firmus IPO withdrawal
• Negative Sentiment: Leadership and governance headlines add limited uncertainty: NVIDIA’s head of corporate communications left after roughly four months, while a legal challenge to the company’s Groq technology transaction could create additional execution and reputational risk. NVIDIA communications chief departure

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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