NVIDIA Corporation (NASDAQ:NVDA) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• NVIDIA Corporation has received a consensus rating of "Moderate Buy" from 45 analysts, with a target price averaging $210.21.
• Insider trading activity includes CEO Jen Hsun Huang selling 75,000 shares for $12.45 million, while Director Mark A. Stevens sold 350,000 shares, reflecting a 4.52% decrease in his ownership.
• The company reported a 55.6% increase in revenue year-over-year, reaching $46.74 billion for the last quarter, along with a net margin of 52.41%.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) has earned a consensus rating of "Moderate Buy" from the forty-five analysts that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating, thirty-six have assigned a buy rating and four have assigned a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $210.2105.

A number of analysts have recently issued reports on NVDA shares. Benchmark boosted their target price on NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Wolfe Research boosted their price objective on shares of NVIDIA from $220.00 to $230.00 in a research note on Tuesday, September 23rd. Truist Financial raised their target price on shares of NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a report on Friday, August 1st. Finally, KeyCorp restated an "overweight" rating and set a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction on Friday, July 11th. The shares were sold at an average price of $166.00, for a total value of $12,450,000.00. Following the completion of the transaction, the chief executive officer directly owned 74,723,225 shares in the company, valued at approximately $12,404,055,350. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Stevens sold 350,000 shares of the company's stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director directly owned 7,399,803 shares of the company's stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,148,818 shares of company stock valued at $720,112,070. Corporate insiders own 4.17% of the company's stock.

Institutional Investors Weigh In On NVIDIA

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Harbor Asset Planning Inc. acquired a new position in NVIDIA during the 2nd quarter worth $28,000. Winnow Wealth LLC bought a new position in shares of NVIDIA during the second quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC increased its position 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 worth $33,000 after buying an additional 67 shares during the period. Spurstone Advisory Services LLC bought a new stake in NVIDIA in the 2nd quarter valued at about $40,000. Finally, Kathleen S. Wright Associates Inc. raised its holdings in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after buying an additional 254 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Trading Up 2.1%

Shares of NVDA stock opened at $181.85 on Tuesday. The firm's 50-day simple moving average is $176.81 and its 200-day simple moving average is $146.62. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA has a 1-year low of $86.62 and a 1-year high of $184.55. The firm has a market cap of $4.42 trillion, a P/E ratio of 51.81, a PEG ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued 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 firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts forecast that NVIDIA will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a $0.01 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.14%.

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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