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NVIDIA (NASDAQ:NVDA) Given New $205.00 Price Target at UBS Group

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Key Points

  • UBS Group has increased NVIDIA's price target from $175.00 to $205.00, indicating a potential upside of 16.51% from its current stock price.
  • Multiple analysts have updated their ratings on NVIDIA, with a strong consensus showing four Strong Buy and thirty-two Buy ratings among research firms.
  • NVIDIA's latest earnings report revealed a 69.2% year-over-year increase in revenue, totaling $44.06 billion, despite earnings per share missing consensus estimates.
  • Need better tools to track NVIDIA? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

NVIDIA (NASDAQ:NVDA - Get Free Report) had its price objective upped by research analysts at UBS Group from $175.00 to $205.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a "buy" rating on the computer hardware maker's stock. UBS Group's price objective would indicate a potential upside of 16.51% from the company's current price.

A number of other equities research analysts have also recently weighed in on the company. Rosenblatt Securities lifted their price objective on NVIDIA from $178.00 to $200.00 and gave the company a "buy" rating in a research note on Thursday, May 29th. DA Davidson increased their price target on shares of NVIDIA from $120.00 to $135.00 and gave the stock a "neutral" rating in a research report on Thursday, May 29th. Bank of America increased their price target on shares of NVIDIA from $180.00 to $220.00 in a research report on Wednesday, July 16th. Mizuho increased their price target on shares of NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a research report on Thursday, August 14th. Finally, Benchmark reissued a "buy" rating and set a $190.00 price target on shares of NVIDIA in a research report on Thursday, May 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $191.78.

Get Our Latest Report on NVIDIA

NVIDIA Trading Up 0.3%

NVDA stock traded up $0.5470 during midday trading on Thursday, hitting $175.9470. 25,669,435 shares of the company's stock were exchanged, compared to its average volume of 239,568,484. The business has a 50-day simple moving average of $166.03 and a two-hundred day simple moving average of $136.50. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $4.29 trillion, a PE ratio of 56.62, a P/E/G ratio of 1.54 and a beta of 2.14. NVIDIA has a 1-year low of $86.62 and a 1-year high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The business had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. During the same period last year, the business earned $0.61 EPS. NVIDIA's revenue was up 69.2% compared to the same quarter last year. NVIDIA has set its Q2 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA will post 2.77 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Tench Coxe sold 1,000,000 shares of the business's stock in a transaction on Monday, June 9th. The stock was sold at an average price of $142.80, for a total transaction of $142,800,000.00. Following the completion of the transaction, the director directly owned 26,671,360 shares of the company's stock, valued at $3,808,670,208. The trade was a 3.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 935,000 shares of NVIDIA stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $140.92, for a total value of $131,760,200.00. Following the sale, the director directly owned 9,214,697 shares of the company's stock, valued at $1,298,535,101.24. This trade represents a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,912,440 shares of company stock valued at $902,886,782. Company insiders own 4.17% of the company's stock.

Institutional Trading of NVIDIA

A number of institutional investors have recently bought and sold shares of the business. Brighton Jones LLC lifted its holdings in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in shares of NVIDIA by 1.0% in the 4th 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 purchasing an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE lifted its holdings in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after purchasing an additional 3,653 shares during the last quarter. Hudson Value Partners LLC lifted its holdings in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after purchasing an additional 11,900 shares during the last quarter. Finally, Madison Investment Advisors LLC purchased a new stake in shares of NVIDIA in the 4th quarter valued at about $3,188,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for NVIDIA (NASDAQ:NVDA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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