NVIDIA (NASDAQ:NVDA) Trading Up 1.8% - Still a Buy?

Key Points

• NVIDIA struck strategic deals with IREN to deploy up to 5 GW of AI capacity (plus a five‑year option to buy up to 30M IREN shares at $70) and with Corning (including a $500M warrant injection), moves that lock in large‑scale GPU demand and help ease optical connectivity and supply‑chain bottlenecks.
• Analysts and institutions remain broadly bullish—MarketBeat shows a consensus "Buy" with an average target of $275.25, several firms raising targets, and recent earnings that beat expectations (Q revenue $68.13B, EPS $1.62), underpinning continued inflows and momentum.
• Risks include elevated valuation and potential volatility if growth or margins slip, coupled with geopolitical/competitive exposure (China/Huawei) and notable insider share sales that add downside pressure for investors.

Shares of NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) were up 1.8% on Thursday . The stock traded as high as $214.20 and last traded at $211.5360. Approximately 166,232,228 shares traded hands during trading, a decline of 3% from the average daily volume of 171,449,359 shares. The stock had previously closed at $207.83.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA struck a strategic partnership with IREN to deploy up to 5 gigawatts of DSX-aligned AI capacity; Nvidia also received a five‑year right to buy up to 30M IREN shares at $70 (potential ~$2.1B). The deal signals more locked-in demand for NVIDIA architecture at scale and expands its data-center ecosystem. NVIDIA and IREN press release
• Positive Sentiment: NVIDIA committed capital and a major technology pact with Corning to scale U.S. optical connectivity (including a $500M warrant injection), easing a key bandwidth bottleneck for GPU clusters and reducing supply‑chain risk for hyperscale builds. That partnership has been a near-term catalyst for sector re‑rating. NVIDIA and Corning press release
• Positive Sentiment: Demand signals continue: deals tying major AI users to NVIDIA compute (examples include Anthropic/SpaceX compute arrangements and universities deploying NVIDIA‑powered clusters) reinforce durable GPU demand across cloud, startups and research. Anthropic-SpaceX compute deal
• Positive Sentiment: Institutional flows and analyst support are bullish: recent reports show managers (e.g., Fisher Asset, Antipodes) adding NVDA exposure and Goldman Sachs reiterated a Buy—supportive for momentum and longer-term positioning. Fisher Asset raises NVDA stake
• Neutral Sentiment: Debate over valuation: some analysts argue NVDA still has room given its growth runway, while others highlight it’s trading at valuation levels that invite scrutiny if growth or margins slip—this creates both upside and volatility risk around earnings/event dates. Valuation commentary on NVDA
• Neutral Sentiment: Relative-performance signals are mixed: some metrics show NVDA lagging the broader semiconductor rally recently, which could limit near-term upside unless its fundamental news stream keeps pace. MarketWatch on NVDA vs. semiconductor rally
• Negative Sentiment: Geopolitical and competitive risk: CEO comments about Huawei and related China competition underscore policy/tech-race risks that could affect supply, export controls or market access—an ongoing risk premium for investors. CEO comments on China competition
• Negative Sentiment: Short‑term rotation and optics trade cool‑off: some AI optics/adjacent names pulled back, and sector rotation could compress NVDA’s rally if investors shift to “pick‑and‑shovel” or cheaper infrastructure proxies. Finbold on NVDA underperformance

Analysts Set New Price Targets

Several research analysts recently weighed in on NVDA shares. Fundamental Research set a $218.00 target price on NVIDIA in a research note on Thursday, February 26th. DA Davidson reissued a "buy" rating and issued a $250.00 price target on shares of NVIDIA in a research note on Monday, February 23rd. KeyCorp reissued an "overweight" rating and issued a $275.00 price target on shares of NVIDIA in a research note on Tuesday, March 17th. Robert W. Baird lifted their price target on NVIDIA from $275.00 to $300.00 and gave the stock an "outperform" rating in a research note on Thursday, February 26th. Finally, Oppenheimer reissued an "outperform" rating and issued a $265.00 price target on shares of NVIDIA in a research note on Thursday, February 26th. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $275.25.

NVIDIA Trading Up 1.8%

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 company has a 50 day simple moving average of $187.21 and a two-hundred day simple moving average of $186.49. The company has a market cap of $5.14 trillion, a PE ratio of 43.17, a PEG ratio of 0.65 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The company had revenue of $68.13 billion for the quarter, compared to analysts' expectations of $65.56 billion. During the same quarter in the previous year, the business posted $0.89 EPS. The business's revenue for the quarter was up 73.2% on a year-over-year basis. Sell-side analysts forecast that NVIDIA Corporation will post 7.78 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Wednesday, March 11th. NVIDIA's payout ratio is 0.82%.

Insider Activity at NVIDIA

In other news, Director John Dabiri sold 3,004 shares of NVIDIA stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $184.90, for a total transaction of $555,439.60. Following the completion of the sale, the director directly owned 14,788 shares in the company, valued at $2,734,301.20. The trade was a 16.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Stevens sold 221,682 shares of NVIDIA stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $173.68, for a total value of $38,501,729.76. Following the sale, the director owned 7,399,771 shares of the company's stock, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 906,336 shares of company stock worth $162,802,518. Company insiders own 4.17% of the company's stock.

Institutional Investors Weigh In On NVIDIA

Several institutional investors have recently made changes to their positions in NVDA. Norges Bank acquired a new stake in NVIDIA in the 4th quarter worth approximately $62,244,133,000. J. Stern & Co. LLP lifted its holdings in NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares during the last quarter. Cardano Risk Management B.V. lifted its holdings in NVIDIA by 896.4% in the 4th quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker's stock worth $14,570,119,000 after purchasing an additional 70,283,539 shares during the last quarter. Capital Research Global Investors lifted its holdings in NVIDIA by 16.1% in the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after purchasing an additional 22,896,705 shares during the last quarter. Finally, Laurel Wealth Advisors LLC lifted its holdings in NVIDIA by 15,496.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock worth $3,454,534,000 after purchasing an additional 21,725,326 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

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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