Jefferies Financial Group Forecasts Strong Price Appreciation for NVIDIA (NASDAQ:NVDA) Stock

Key Points

• Jefferies Financial Group has raised its price target for NVIDIA (NASDAQ:NVDA) stock from $200 to $205, indicating a potential upside of 14.91% from the current price.
• Multiple analysts have reaffirmed positive ratings on NVIDIA, with targets now reaching as high as $225 from firms like Sanford C. Bernstein and Oppenheimer.
• NVIDIA reported a quarterly earnings per share of $1.05, exceeding estimates by 4 cents, with revenues up 55.6% year-over-year at $46.74 billion.

NVIDIA (NASDAQ:NVDA - Get Free Report) had its price objective increased by equities research analysts at Jefferies Financial Group from $200.00 to $205.00 in a report released on Thursday. The brokerage presently has a "buy" rating on the computer hardware maker's stock. Jefferies Financial Group's target price suggests a potential upside of 14.91% from the stock's current price.

Other equities analysts have also issued research reports about the stock. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $225.00 price objective (up previously from $185.00) on shares of NVIDIA in a research note on Thursday. UBS Group lifted their target price on shares of NVIDIA from $175.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Oppenheimer reissued an "outperform" rating and set a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Thursday. Robert W. Baird lifted their target price on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday. Finally, Morgan Stanley reissued an "overweight" rating and set a $206.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Monday, August 18th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $203.97.

NVIDIA Price Performance

NVIDIA stock traded down $3.20 during mid-day trading on Thursday, hitting $178.41. The company's stock had a trading volume of 82,059,885 shares, compared to its average volume of 237,892,625. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $4.35 trillion, a P/E ratio of 57.74, a P/E/G ratio of 1.59 and a beta of 2.14. NVIDIA has a twelve month low of $86.62 and a twelve month high of $184.48. The stock's fifty day moving average price is $169.53 and its two-hundred day moving average price is $138.41.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the business posted $0.68 earnings per share. The firm's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts forecast that NVIDIA will post 2.77 earnings per share for the current year.

Insider Activity

In other news, Director Mark A. Stevens sold 935,000 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the transaction, the director owned 9,214,697 shares in the company, valued at approximately $1,298,535,101.24. The trade was a 9.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the transaction, the chief executive officer owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 5,912,440 shares of company stock worth $902,886,782 in the last 90 days. Insiders own 4.17% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NVDA. Brighton Jones LLC boosted its position in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after acquiring an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its position in NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE boosted its position in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC boosted its position in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after buying an additional 11,900 shares in the last quarter. Finally, NEOS Investment Management LLC boosted its position in NVIDIA by 26.0% in the fourth quarter. NEOS Investment Management LLC now owns 1,966,142 shares of the computer hardware maker's stock valued at $264,033,000 after buying an additional 405,894 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Company Profile

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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