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

Key Points

• Morgan Stanley has raised its price target for NVIDIA from $206.00 to $210.00, indicating a potential upside of 17.71% from its previous close.
• Several firms have issued positive ratings, with TD Cowen setting the highest target at $235.00 and NVIDIA currently holding a consensus rating of "Moderate Buy".
• NVIDIA's latest earnings report showed a 55.6% year-over-year revenue increase, with an EPS of $1.05, surpassing analysts' estimates.

NVIDIA (NASDAQ:NVDA - Get Free Report) had its price objective upped by research analysts at Morgan Stanley from $206.00 to $210.00 in a note issued to investors on Thursday. The brokerage currently has an "overweight" rating on the computer hardware maker's stock. Morgan Stanley's price target suggests a potential upside of 17.71% from the stock's previous close.

A number of other research firms have also issued reports on NVDA. Needham & Company LLC reissued a "buy" rating and set a $200.00 target price on shares of NVIDIA in a research note on Thursday. Raymond James Financial upped their price target on shares of NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a research note on Thursday, May 29th. JPMorgan Chase & Co. upped their price target on shares of NVIDIA from $170.00 to $215.00 and gave the stock an "overweight" rating in a research note on Thursday. TD Cowen upped their price target on shares of NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research note on Tuesday, August 19th. Finally, The Goldman Sachs Group started coverage on shares of NVIDIA in a research note on Thursday, July 10th. They issued a "buy" rating and a $185.00 price target for the company. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $203.97.

NVIDIA Stock Performance

NVIDIA stock traded down $3.20 during midday trading on Thursday, reaching $178.41. 82,059,885 shares of the stock traded hands, compared to its average volume of 237,892,625. 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 firm has a fifty day moving average price of $169.53 and a two-hundred day moving average price of $138.41. The firm has a market cap of $4.35 trillion, a price-to-earnings ratio of 57.74, a PEG ratio of 1.59 and a beta of 2.14. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. NVIDIA's revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts forecast that NVIDIA will post 2.77 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the sale, the chief executive officer owned 72,848,225 shares in the company, valued at $13,095,196,926. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the business's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the sale, the chief financial officer owned 2,956,876 shares in the company, valued at $526,501,340.56. This represents a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 5,912,440 shares of company stock worth $902,886,782 in the last 90 days. 4.17% of the stock is owned by company insiders.

Institutional Investors Weigh In On NVIDIA

Large investors have recently made changes to their positions in the company. Brighton Jones LLC increased its stake in 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 buying an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG increased its stake in 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 buying an additional 22,929 shares during the period. Highview Capital Management LLC DE increased its stake in 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 buying an additional 3,653 shares during the period. Hudson Value Partners LLC grew its position in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, NEOS Investment Management LLC grew its position in NVIDIA by 26.0% in the fourth quarter. NEOS Investment Management LLC now owns 1,966,142 shares of the computer hardware maker's stock worth $264,033,000 after acquiring an additional 405,894 shares in the last quarter. Institutional investors and hedge funds 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.

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