Evercore ISI Boosts NVIDIA (NASDAQ:NVDA) Price Target to $225.00

Key Points

• Evercore ISI has increased NVIDIA's price target from $214.00 to $225.00, indicating a potential upside of 22.54% from its previous close.
• The company reported a 55.6% increase in revenue year-over-year, with earnings per share of $1.05, surpassing analyst expectations.
• NVIDIA's stock is rated as a "Moderate Buy" with four Strong Buy ratings and thirty-six Buy ratings from various investment analysts.

NVIDIA (NASDAQ:NVDA - Get Free Report) had its price objective raised by investment analysts at Evercore ISI from $214.00 to $225.00 in a research note issued to investors on Tuesday,Briefing.com Automated Import reports. The brokerage currently has an "outperform" rating on the computer hardware maker's stock. Evercore ISI's target price would indicate a potential upside of 22.54% from the stock's previous close.

NVDA has been the subject of several other research reports. DA Davidson set a $210.00 price objective on shares of NVIDIA in a research report on Monday. TD Cowen boosted their price objective on shares of NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research report on Tuesday, August 19th. Morgan Stanley boosted their price objective on shares of NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a research report on Thursday, August 28th. Craig Hallum upped their price target on shares of NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Finally, Truist Financial upped their price target on shares of NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $208.76.

NVIDIA Trading Up 3.9%

NASDAQ NVDA opened at $183.61 on Tuesday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA has a 52 week low of $86.62 and a 52 week high of $184.55. The stock has a market capitalization of $4.46 trillion, a PE ratio of 52.31, a price-to-earnings-growth ratio of 1.28 and a beta of 2.10. The firm has a 50 day moving average of $176.12 and a two-hundred day moving average of $144.35.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts expect that NVIDIA will post 2.77 EPS for the current fiscal year.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $158.35, for a total transaction of $11,876,250.00. Following the transaction, the chief executive officer directly owned 75,023,225 shares in the company, valued at $11,879,927,678.75. This represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,109,874 shares of company stock valued at $698,280,697 in the last 90 days. Company insiders own 4.17% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Harbor Asset Planning Inc. purchased a new position in NVIDIA in the second quarter valued at approximately $28,000. Winnow Wealth LLC purchased a new position in NVIDIA in the second quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC raised its holdings in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after buying an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new stake in NVIDIA in the second quarter valued at approximately $40,000. Finally, Kathleen S. Wright Associates Inc. grew its position in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

About NVIDIA

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

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