NVIDIA (NASDAQ:NVDA) Given New $135.00 Price Target at DA Davidson

NVIDIA (NASDAQ:NVDA - Free Report) had its price target boosted by DA Davidson from $120.00 to $135.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a neutral rating on the computer hardware maker's stock. DA Davidson also issued estimates for NVIDIA's Q2 2026 earnings at $0.94 EPS and FY2026 earnings at $3.72 EPS.

A number of other analysts have also recently issued reports on the company. Mizuho lowered their price objective on NVIDIA from $175.00 to $168.00 and set an "outperform" rating on the stock in a research report on Friday, March 14th. Arete Research raised NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Seaport Res Ptn raised shares of NVIDIA to a "strong sell" rating in a report on Wednesday, April 30th. Rosenblatt Securities boosted their target price on NVIDIA from $178.00 to $200.00 and gave the stock a "buy" rating in a report on Thursday. Finally, Tigress Financial reaffirmed a "buy" rating on shares of NVIDIA in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-six have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $171.66.

NVIDIA Stock Performance

NASDAQ NVDA traded down $4.91 during midday trading on Thursday, hitting $134.28. The company had a trading volume of 332,224,842 shares, compared to its average volume of 285,804,787. The firm has a fifty day simple moving average of $115.20 and a two-hundred day simple moving average of $126.61. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $195.95. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The stock has a market cap of $3.28 trillion, a price-to-earnings ratio of 52.85, a P/E/G ratio of 1.76 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The company had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. During the same quarter in the previous year, the business posted $0.61 EPS. The firm's quarterly revenue was up 69.2% on a year-over-year basis. Equities analysts forecast that NVIDIA will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. NVIDIA's dividend payout ratio is currently 1.29%.

Insider Buying and Selling

In other NVIDIA news, insider Donald F. Robertson, Jr. sold 4,500 shares of the business's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $525,600.00. Following the sale, the insider now directly owns 479,428 shares of the company's stock, valued at $55,997,190.40. The trade was a 0.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert K. Burgess sold 53,324 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $115.49, for a total transaction of $6,158,388.76. Following the transaction, the director now owns 251,044 shares of the company's stock, valued at approximately $28,993,071.56. This represents a 17.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 147,147 shares of company stock worth $17,133,207. 4.17% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NVIDIA

Several large investors have recently made changes to their positions in the stock. Regent Peak Wealth Advisors LLC lifted its stake in NVIDIA by 0.4% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 81,833 shares of the computer hardware maker's stock valued at $10,989,000 after purchasing an additional 322 shares during the last quarter. Wealth Group Ltd. raised its stake in NVIDIA by 1.8% in the 4th quarter. Wealth Group Ltd. now owns 5,702 shares of the computer hardware maker's stock valued at $766,000 after acquiring an additional 100 shares during the period. Miracle Mile Advisors LLC boosted its position in NVIDIA by 27.9% during the fourth quarter. Miracle Mile Advisors LLC now owns 503,974 shares of the computer hardware maker's stock worth $67,679,000 after purchasing an additional 109,811 shares during the period. PFW Advisors LLC acquired a new position in shares of NVIDIA in the fourth quarter valued at $3,354,000. Finally, Signet Financial Management LLC raised its position in shares of NVIDIA by 27.0% in the fourth quarter. Signet Financial Management LLC now owns 23,742 shares of the computer hardware maker's stock valued at $3,188,000 after purchasing an additional 5,048 shares during the period. Institutional investors and hedge funds 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.