NVIDIA Corporation (NASDAQ:NVDA - Get Free Report)'s share price shot up 2.9% during mid-day trading on Friday . The stock traded as high as $202.00 and last traded at $200.75. Approximately 138,786,177 shares changed hands during trading, a decline of 15% from the average daily volume of 163,875,469 shares. The stock had previously closed at $195.04.
More NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Amazon reinforces AI demand: Amazon raised its capital-expenditure forecast and played down competition between its in-house chips and NVIDIA’s products, supporting expectations for continued data-center spending. Nvidia Stock Rises. Thank Amazon.
- Positive Sentiment: Potential Chinese AI deployment: Chinese AI company Moonshot reportedly has an Alibaba computing agreement involving approximately 20,000 NVIDIA chips. The report suggests demand may extend across regions, although China-related sales remain subject to regulatory and geopolitical constraints. Moonshot has Nvidia chip cluster from Alibaba computing deal
- Positive Sentiment: Analyst optimism remains substantial: Positive earnings-estimate revisions and a median analyst price target of $308.50 indicate that Wall Street continues to expect significant upside, though price targets are not guarantees. Wall Street Analysts Believe Nvidia Could Rally
- Positive Sentiment: Next earnings date is set: NVIDIA will report fiscal second-quarter 2027 results on Aug. 26. Investors will focus on data-center growth, customer spending plans, margins and management’s view of AI infrastructure demand. NVIDIA Sets Conference Call for Second-Quarter Financial Results
- Neutral Sentiment: AI spending debate continues: Microsoft and Amazon results have improved sentiment toward AI infrastructure, but investors remain sensitive to whether massive capital expenditures generate sufficient returns and free cash flow.
- Negative Sentiment: Financing and valuation risks persist: Reports about leveraged or “circular” financing arrangements tied to AI data centers have raised concerns about credit risk and the sustainability of the spending boom. NVIDIA Stock Is Still Up, But AI Risk Has Spooked the Debt Market
- Negative Sentiment: Bearish and insider-selling signals: Michael Burry expanded bearish positions against NVIDIA, while reported insider activity shows selling without purchases over the past six months. These transactions may reflect diversification rather than a fundamental outlook, but they add a counterpoint to the bullish narrative. Michael Burry Expands Bets Against Nvidia
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. New Street Research dropped their price target on NVIDIA from $343.00 to $340.00 in a research report on Thursday, May 21st. Raymond James Financial reaffirmed a "strong-buy" rating and set a $330.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Daiwa Securities Group lifted their price objective on NVIDIA from $215.00 to $255.00 and gave the stock an "outperform" rating in a research report on Friday, May 22nd. JPMorgan Chase & Co. boosted their target price on shares of NVIDIA from $265.00 to $280.00 and gave the company an "overweight" rating in a research note on Thursday, May 21st. Finally, Seaport Research Partners upped their target price on shares of NVIDIA from $140.00 to $180.00 and gave the company a "sell" rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $304.26.
Check Out Our Latest Analysis on NVIDIA
NVIDIA Price Performance
The company has a 50-day moving average of $205.71 and a two-hundred day moving average of $196.09. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The stock has a market capitalization of $4.87 trillion, a PE ratio of 30.82, a P/E/G ratio of 0.37 and a beta of 2.21.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. The company had revenue of $81.61 billion during the quarter, compared to analysts' expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm's revenue was up 85.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.81 EPS. Sell-side analysts predict that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.
NVIDIA Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. This is an increase from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA's payout ratio is 15.31%.
NVIDIA declared that its Board of Directors has authorized a share buyback plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.
Insider Activity
In related news, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Dabiri sold 625 shares of the company's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, the director owned 14,163 shares of the company's stock, valued at $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 in the last ninety days. Company insiders own 3.94% of the company's stock.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the business. Lifetime Wealth Management P.C. acquired a new stake in shares of NVIDIA in the fourth quarter valued at about $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA in the first quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC grew its position in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after acquiring an additional 67 shares in the last quarter. Phillip James Consulting Co. purchased a new stake in shares of NVIDIA during the first quarter valued at approximately $40,000. Finally, Inspire Investing LLC purchased a new stake in shares of NVIDIA during the fourth quarter valued at approximately $44,000. Hedge funds and other institutional investors own 65.27% of the company's stock.
NVIDIA Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider NVIDIA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVIDIA wasn't on the list.
While NVIDIA currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
