NVIDIA's (NVDA) "Buy" Rating Reiterated at Jefferies Financial Group

Key Points

• NVIDIA's stock has maintained a "buy" rating by Jefferies Financial Group, with multiple analysts boosting their price targets, indicating strong market confidence.
• The company's latest quarterly earnings showed an impressive 55.6% year-over-year revenue growth and an EPS of $1.05, surpassing analyst expectations.
• Institutional investors own over 65% of NVIDIA's stock, reflecting significant institutional interest and investment in the company.

NVIDIA (NASDAQ:NVDA - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Jefferies Financial Group in a research report issued on Monday, MarketBeat.com reports. They currently have a $220.00 price objective on the computer hardware maker's stock, up from their prior price objective of $205.00. Jefferies Financial Group's price objective suggests a potential upside of 21.58% from the company's previous close.

Several other brokerages also recently weighed in on NVDA. Wells Fargo & Company raised their price target on NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a report on Monday, August 11th. Loop Capital raised their price target on NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, June 25th. Needham & Company LLC reissued a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Wolfe Research raised their price target on NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. Finally, KeyCorp restated an "overweight" rating and issued a $230.00 price objective (up from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $210.21.

NVIDIA Stock Down 89.8%

NASDAQ NVDA traded down $1,600.95 during trading on Monday, hitting $180.95. The company's stock had a trading volume of 146,263,368 shares, compared to its average volume of 232,900,625. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The company has a market cap of $4.40 trillion, a PE ratio of 51.61, a P/E/G ratio of 1.29 and a beta of 2.10. The business's 50 day simple moving average is $176.60 and its 200-day simple moving average is $146.20. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts anticipate that NVIDIA will post 2.77 EPS for the current fiscal year.

Insider Activity at NVIDIA

In related news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% 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 this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $163.11, for a total value of $12,233,250.00. Following the transaction, the chief executive officer owned 74,873,225 shares of the company's stock, valued at approximately $12,212,571,729.75. 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 sold 4,050,558 shares of company stock worth $701,164,609. 4.17% of the stock is owned by corporate insiders.

Institutional Trading of NVIDIA

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Morton Brown Family Wealth LLC increased its position in shares of NVIDIA by 1.5% in the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker's stock valued at $621,000 after buying an additional 58 shares in the last quarter. Roof Eidam Maycock Peralta LLC increased its position in shares of NVIDIA by 0.3% in the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker's stock valued at $3,302,000 after buying an additional 58 shares in the last quarter. Alpha Wealth Funds LLC increased its position in shares of NVIDIA by 1.3% in the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker's stock valued at $732,000 after buying an additional 59 shares in the last quarter. Copia Wealth Management increased its position in shares of NVIDIA by 14.7% in the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker's stock valued at $74,000 after buying an additional 60 shares in the last quarter. Finally, BKM Wealth Management LLC increased its position in shares of NVIDIA by 1.1% in the second quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker's stock valued at $908,000 after buying an additional 60 shares in the last quarter. 65.27% of the stock is currently 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.