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

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 equities research analysts at Wedbush from $175.00 to $210.00 in a report released on Thursday,Benzinga reports. The brokerage presently has an "outperform" rating on the computer hardware maker's stock. Wedbush's price objective points to a potential upside of 19.35% from the stock's current price.

A number of other equities analysts have also recently issued reports on NVDA. TD Cowen increased their price target on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a report on Tuesday. Raymond James Financial increased their price target on NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a report on Thursday, May 29th. Arete Research upgraded NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Seaport Res Ptn upgraded NVIDIA to a "strong sell" rating in a report on Wednesday, April 30th. Finally, Barclays increased their target price on NVIDIA from $170.00 to $200.00 and gave the stock an "overweight" rating in a report on Tuesday, June 17th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus target price of $191.78.

NVIDIA Trading Up 0.3%

NASDAQ:NVDA traded up $0.5470 on Thursday, reaching $175.9470. 25,669,435 shares of the stock traded hands, compared to its average volume of 239,568,484. The firm has a market capitalization of $4.29 trillion, a price-to-earnings ratio of 56.62, a price-to-earnings-growth ratio of 1.54 and a beta of 2.14. The company's 50 day moving average is $166.03 and its 200-day moving average is $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. NVIDIA has a 1-year low of $86.62 and a 1-year high of $184.48.

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 analysts' consensus estimates of $0.87 by ($0.06). The firm had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business's revenue for the quarter was up 69.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.61 EPS. NVIDIA has set its Q2 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA will post 2.77 EPS for the current fiscal year.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the firm's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the completion of the sale, the chief financial officer directly owned 2,956,876 shares of the company's stock, valued at $526,501,340.56. This trade represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $179.76, for a total value of $13,482,000.00. Following the sale, the chief executive officer directly owned 72,848,225 shares of the company's stock, valued at approximately $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,912,440 shares of company stock valued at $902,886,782. Insiders own 4.17% of the company's stock.

Institutional Investors Weigh In On NVIDIA

Several large investors have recently made changes to their positions in the business. Thompson Davis & CO. Inc. increased its position in shares of NVIDIA by 8.3% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 5,569 shares of the computer hardware maker's stock valued at $880,000 after purchasing an additional 427 shares during the last quarter. Saratoga Research & Investment Management increased its holdings in NVIDIA by 6.1% in the 2nd quarter. Saratoga Research & Investment Management now owns 102,161 shares of the computer hardware maker's stock worth $16,140,000 after acquiring an additional 5,896 shares during the last quarter. Tull Financial Group Inc. increased its holdings in NVIDIA by 12.9% in the 2nd quarter. Tull Financial Group Inc. now owns 6,555 shares of the computer hardware maker's stock worth $1,036,000 after acquiring an additional 749 shares during the last quarter. Monarch Capital Management Inc. purchased a new stake in NVIDIA in the 2nd quarter worth about $361,000. Finally, North Dallas Bank & Trust Co. purchased a new stake in NVIDIA in the 2nd quarter worth about $3,697,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

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.

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