NVIDIA (NASDAQ:NVDA) Price Target Raised to $210.00 at Wedbush

Key Points

• Wedbush raised NVIDIA's price target from $175.00 to $210.00, indicating a potential upside of 19.35% from the current stock price, and maintained an "outperform" rating.
• Analysts from TD Cowen and Barclays also increased their targets for NVIDIA to $235.00 and $200.00, respectively, reflecting broad optimism among research analysts.
• NVIDIA reported a revenue of $44.06 billion for the last quarter, surpassing estimates, despite missing EPS expectations with earnings of $0.81 per share.

NVIDIA (NASDAQ:NVDA - Get Free Report) had its price objective upped by stock analysts at Wedbush from $175.00 to $210.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an "outperform" rating on the computer hardware maker's stock. Wedbush's target price would suggest a potential upside of 15.80% from the company's previous close. Wedbush also issued estimates for NVIDIA's Q1 2027 earnings at $1.34 EPS, Q2 2027 earnings at $1.43 EPS, Q3 2027 earnings at $1.48 EPS, Q4 2027 earnings at $1.57 EPS and FY2027 earnings at $5.82 EPS.

Several other equities analysts have also recently commented on NVDA. Cantor Fitzgerald restated an "overweight" rating and set a $240.00 price target (up from $200.00) on shares of NVIDIA in a report on Monday, August 18th. Mizuho boosted their price target on shares of NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a report on Thursday, August 14th. Oppenheimer lifted their price target on NVIDIA from $175.00 to $200.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Truist Financial lifted their price target on NVIDIA from $205.00 to $210.00 and gave the company a "buy" rating in a report on Thursday, May 29th. Finally, Needham & Company LLC lifted their price target on NVIDIA from $160.00 to $200.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $194.31.

NVIDIA Stock Up 1.9%

NASDAQ NVDA traded up $3.3510 during trading on Thursday, reaching $181.3410. 108,373,201 shares of the company's stock were exchanged, compared to its average volume of 239,112,375. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The firm has a market capitalization of $4.42 trillion, a PE ratio of 58.46, a P/E/G ratio of 1.56 and a beta of 2.14. 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 company's fifty day simple moving average is $167.35 and its 200-day simple moving average is $137.46.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing analysts' consensus estimates 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 quarter in the previous year, the business posted $0.61 earnings per share. The company's revenue was up 69.2% compared to the same quarter last year. NVIDIA has set its Q2 2026 guidance at EPS. Sell-side analysts predict that NVIDIA will post 2.77 EPS for the current year.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 935,000 shares of NVIDIA stock in a transaction that occurred on 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 transaction, the director directly owned 9,214,697 shares of the company's stock, valued at $1,298,535,101.24. The trade was a 9.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Ajay K. Puri sold 168,195 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total value of $25,673,284.80. Following the completion of the transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,912,440 shares of company stock valued at $902,886,782. Corporate insiders own 4.17% of the company's stock.

Institutional Trading of NVIDIA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC grew its position in NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares during the period. Norges Bank bought a new stake in NVIDIA in the second quarter valued at $51,386,863,000. Nuveen LLC bought a new stake in NVIDIA in the first quarter valued at $15,089,414,000. Goldman Sachs Group Inc. grew its position in NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after acquiring an additional 103,889,872 shares during the period. Finally, GAMMA Investing LLC grew its position in NVIDIA by 12,173.2% in the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after acquiring an additional 48,439,859 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.