NVIDIA (NASDAQ:NVDA) Given New $323.00 Price Target at Raymond James Financial

Key Points

• Raymond James Financial raised its price target on NVIDIA from $291 to $323 and kept a strong‑buy rating, implying roughly a 79.05% upside from the prior close.
• NVIDIA posted a strong quarter, beating estimates with $1.62 EPS (vs. $1.54 expected) and revenue of $68.13 billion, up 73.2% year‑over‑year and showing a 55.6% net margin.
• Significant insider selling was reported recently—insiders sold 1,020,784 shares totaling about $186.15 million in the last 90 days—which may damp short‑term investor sentiment.

NVIDIA (NASDAQ:NVDA - Get Free Report) had its price objective boosted by research analysts at Raymond James Financial from $291.00 to $323.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a "strong-buy" rating on the computer hardware maker's stock. Raymond James Financial's price objective points to a potential upside of 79.05% from the company's previous close.

A number of other research firms also recently commented on NVDA. Morgan Stanley set a $260.00 target price on shares of NVIDIA in a research report on Monday, March 2nd. Cantor Fitzgerald restated an "overweight" rating and issued a $300.00 price target on shares of NVIDIA in a research note on Thursday, March 12th. Melius Research lifted their price objective on NVIDIA from $300.00 to $320.00 and gave the stock a "buy" rating in a report on Thursday, November 20th. Benchmark reissued a "buy" rating and issued a $250.00 target price on shares of NVIDIA in a report on Tuesday. Finally, Wells Fargo & Company restated an "overweight" rating on shares of NVIDIA in a research note on Monday, December 29th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, NVIDIA has a consensus rating of "Buy" and an average price target of $275.40.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $180.40 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.24 and a current ratio of 3.91. The firm has a market cap of $4.38 trillion, a price-to-earnings ratio of 36.82, a price-to-earnings-growth ratio of 0.62 and a beta of 2.33. The business has a 50-day simple moving average of $184.97 and a two-hundred day simple moving average of $184.15. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $212.19.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.54 by $0.08. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The firm had revenue of $68.13 billion for the quarter, compared to the consensus estimate of $65.56 billion. During the same quarter last year, the firm posted $0.89 EPS. The business's quarterly revenue was up 73.2% compared to the same quarter last year. On average, analysts expect that NVIDIA will post 2.77 earnings per share for the current year.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 20,000 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $175.72, for a total transaction of $3,514,400.00. Following the completion of the transaction, the chief financial officer owned 93,060 shares in the company, valued at $16,352,503.20. This trade represents a 17.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $182.52, for a total value of $54,756,000.00. Following the sale, the executive vice president owned 3,318,547 shares of the company's stock, valued at approximately $605,701,198.44. This trade represents a 8.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,020,784 shares of company stock worth $186,152,154 in the last ninety days. Company insiders own 4.17% of the company's stock.

Hedge Funds Weigh In On NVIDIA

Hedge funds have recently added to or reduced their stakes in the stock. Stance Capital LLC raised its stake in shares of NVIDIA by 229.2% during the fourth quarter. Stance Capital LLC now owns 24,914 shares of the computer hardware maker's stock valued at $4,646,000 after acquiring an additional 17,347 shares in the last quarter. Cornerstone Planning LLC bought a new position in NVIDIA in the fourth quarter worth approximately $13,701,000. AMG Asset Management Group Inc. bought a new position in NVIDIA in the fourth quarter worth approximately $2,137,000. Forty three Eighteen Advisors LLC purchased a new position in NVIDIA during the 4th quarter worth $4,361,000. Finally, Rockefeller Capital Management L.P. increased its holdings in NVIDIA by 3.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 8,676,526 shares of the computer hardware maker's stock worth $1,618,172,000 after purchasing an additional 270,999 shares during the period. 65.27% of the stock is currently owned by institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Management outlined a massive addressable market for its Blackwell/Rubin systems (>$1 trillion by 2027), giving a clear revenue runway that underpins sizable long‑term upside. Read Reuters: $1T Opportunity
• Positive Sentiment: NVIDIA says it has received purchase orders and is restarting production of China‑compliant H200 chips — reopening a large market if export licenses and manufacturing scale hold. Read Reuters: China H200 Approval
• Positive Sentiment: Wall Street remains bullish: several firms reaffirmed Buy/Outperform ratings and some raised price targets (BofA, Needham, KeyCorp, TD Cowen, Rosenblatt, Benchmark, etc.), supporting upside expectations. Read Benzinga: Analyst Notes
• Positive Sentiment: High‑profile customer support: Elon Musk said Tesla and SpaceX will continue ordering NVIDIA chips at scale — a signal of sustained hyperscaler demand. Read Reuters: Musk Order Comment
• Positive Sentiment: Capital return policy: management plans to deploy ~50% of free cash flow to buybacks/dividends, which can support EPS and shareholder returns as revenue scales. Read Finbold: FCF Return Plan
• Neutral Sentiment: GTC product slate (Vera Rubin, Vera CPU, Nemotron, OpenClaw/NemoClaw, DLSS 5) broadens monetization beyond GPUs but will take time to translate into revenue and margins. Read GlobalNewsWire: GTC Launches
• Neutral Sentiment: Gaming/consumer tech (DLSS 5) expands TAM but has drawn mixed gamer reaction — important for long‑term brand/gaming revenues but small versus data‑center inference. Read GlobalNewsWire: DLSS 5
• Negative Sentiment: Market reaction is muted: despite big announcements, the stock traded sideways/edged lower as investors wait for concrete order bookings, supply timelines and margin impact. Read Barron's: Muted Market Reaction
• Negative Sentiment: Insider/director selling was reported (disclosed sale by a director), which can damp sentiment short‑term. Read InsiderTrades: Director Sale
• Negative Sentiment: Geopolitical and competitive risks remain (export controls, emerging hyperscaler/custom silicon, rivals), any of which could delay or compress the upside embedded in the $1T narrative. Read Reuters: Competitive/Geopolitical Risks

NVIDIA Company Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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