NVIDIA (NASDAQ:NVDA) Given Buy (B) Rating at Weiss Ratings

Key Points

• Analysts at Weiss Ratings reaffirmed a "buy" rating for NVIDIA, with strong support from other analysts boosting price targets, indicating confidence in the stock's performance.
• NVIDIA recently reported earnings of $1.05 per share, exceeding expectations, with quarterly revenue reaching $46.74 billion, a 55.6% increase year-over-year.
• Insider trading activity included significant sales by CEO Jen Hsun Huang and Director Harvey C. Jones, with discrepancies in ownership reflecting continued confidence, despite insider sell-offs.

NVIDIA (NASDAQ:NVDA - Get Free Report)'s stock had its "buy (b)" rating reaffirmed by analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Other analysts have also recently issued research reports about the stock. Wolfe Research raised their target price on shares of NVIDIA from $220.00 to $230.00 in a research note on Tuesday, September 23rd. Morgan Stanley boosted their target price on shares of NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research report on Thursday, August 28th. Robert W. Baird lifted their price target on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a report on Monday, August 25th. Piper Sandler set a $225.00 price target on shares of NVIDIA and gave the company an "overweight" rating in a report on Wednesday, August 13th. Finally, Phillip Securities raised shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 14th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $211.26.

NVIDIA Trading Up 2.2%

Shares of NASDAQ NVDA opened at $189.11 on Wednesday. The company's 50 day simple moving average is $178.67 and its 200 day simple moving average is $149.57. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $191.05. The firm has a market capitalization of $4.60 trillion, a P/E ratio of 53.88, a P/E/G ratio of 1.34 and a beta of 2.12. 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 (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion for 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%. The business's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period last year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts predict that NVIDIA will post 2.77 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction on Friday, July 25th. The shares were sold at an average price of $173.88, for a total value of $13,041,000.00. Following the completion of the sale, the chief executive officer owned 73,973,225 shares in the company, valued at $12,862,464,363. This represents a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the company's stock in a transaction on 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 completion of the sale, the director owned 7,183,280 shares of the company's stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,898,491 shares of company stock worth $686,333,234. Insiders own 4.17% of the company's stock.

Institutional Trading of NVIDIA

Several institutional investors have recently made changes to their positions in the company. Websterrogers Financial Advisors LLC increased its holdings in NVIDIA by 2.6% during the third quarter. Websterrogers Financial Advisors LLC now owns 2,118 shares of the computer hardware maker's stock worth $395,000 after buying an additional 54 shares during the last quarter. Helen Stephens Group LLC boosted its position in NVIDIA by 3.9% during the third quarter. Helen Stephens Group LLC now owns 1,483 shares of the computer hardware maker's stock worth $277,000 after purchasing an additional 56 shares during the period. Morton Brown Family Wealth LLC boosted its position in NVIDIA by 1.5% during the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker's stock worth $621,000 after purchasing an additional 58 shares during the period. Roof Eidam Maycock Peralta LLC boosted its position in NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker's stock worth $3,302,000 after purchasing an additional 58 shares during the period. Finally, Alpha Wealth Funds LLC boosted its position in NVIDIA by 1.3% during the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker's stock worth $732,000 after purchasing an additional 59 shares during the period. 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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