NVIDIA's (NVDA) "Buy" Rating Reaffirmed at UBS Group

Key Points

• UBS Group has reaffirmed its "buy" rating for NVIDIA (NVDA), with several analysts also upgrading their target prices significantly.
• NVIDIA reported a 55.6% increase in revenue year-over-year, with $46.74 billion for the quarter and an earnings per share (EPS) of $1.05, exceeding expectations by $0.04.
• As of now, NVIDIA has received 36 "buy" ratings, indicating strong investor confidence, with a consensus target price of $208.76 per share.

NVIDIA (NASDAQ:NVDA - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at UBS Group in a research report issued to clients and investors on Tuesday,MarketScreener reports.

Several other research analysts have also commented on NVDA. Rosenblatt Securities reiterated a "buy" rating and set a $215.00 price target on shares of NVIDIA in a report on Tuesday. Benchmark boosted their price target on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Morgan Stanley lifted their target price on shares of NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. Robert W. Baird upped their price target on NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research note on Monday, August 25th. Finally, TD Cowen lifted their target price on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research report on Tuesday, August 19th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $208.76.

NVIDIA Price Performance

NASDAQ:NVDA opened at $180.92 on Tuesday. NVIDIA has a one year low of $86.62 and a one year high of $184.55. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market cap of $4.40 trillion, a price-to-earnings ratio of 51.70, a PEG ratio of 1.28 and a beta of 2.10. The firm's fifty day moving average is $176.12 and its two-hundred day moving average is $144.35.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the company posted $0.68 earnings per share. NVIDIA's revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA will post 2.77 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Ajay K. Puri sold 168,195 shares of the business's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the sale, the executive vice president owned 4,018,547 shares of the company's stock, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $158.35, for a total value of $11,876,250.00. Following the sale, the chief executive officer directly owned 75,023,225 shares in the company, valued at $11,879,927,678.75. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,109,874 shares of company stock valued at $698,280,697. Corporate insiders own 4.17% of the company's stock.

Institutional Investors Weigh In On NVIDIA

Several institutional investors and hedge funds have recently made changes to their positions in NVDA. Harbor Asset Planning Inc. acquired a new position in shares of NVIDIA in the second quarter worth $28,000. Winnow Wealth LLC purchased a new position in NVIDIA in the 2nd quarter valued at about $32,000. Longfellow Investment Management Co. LLC boosted its stake in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new stake in shares of NVIDIA during the second quarter worth about $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd purchased a new position in shares of NVIDIA during the second quarter valued at approximately $54,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

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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