NVIDIA's (NVDA) "Overweight" Rating Reiterated at Cantor Fitzgerald

Key Points

• NVIDIA's stock has been given an "overweight" rating with a target price of $240.00 by Cantor Fitzgerald, suggesting a potential upside of 27.06% from its current price.
• The company reported a 55.6% increase in revenue year-over-year for the latest quarter, with earnings per share of $1.05, exceeding analysts' expectations.
• CEO Jen Hsun Huang sold 75,000 shares worth over $12 million, indicating some insider trading activity, while institutional investors collectively own 65.27% of NVIDIA stock.

NVIDIA (NASDAQ:NVDA - Get Free Report)'s stock had its "overweight" rating reaffirmed by equities research analysts at Cantor Fitzgerald in a research note issued to investors on Friday,Benzinga reports. They presently have a $240.00 target price on the computer hardware maker's stock. Cantor Fitzgerald's price objective would suggest a potential upside of 27.06% from the company's current price.

Several other equities analysts have also recently issued reports on NVDA. Wolfe Research upped their price objective on NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. Sanford C. Bernstein restated a "buy" rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Needham & Company LLC restated a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. The Goldman Sachs Group restated a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Wednesday, August 27th. Finally, Loop Capital upped their price objective on NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. Four 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $211.00.

NVIDIA Stock Up 0.9%

Shares of NASDAQ:NVDA opened at $188.89 on Friday. NVIDIA has a 1 year low of $86.62 and a 1 year high of $191.05. The company has a market cap of $4.59 trillion, a PE ratio of 53.81, a P/E/G ratio of 1.35 and a beta of 2.12. 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 stock's 50-day moving average is $177.83 and its 200 day moving average is $147.65.

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 for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the business earned $0.68 EPS. NVIDIA's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts anticipate that NVIDIA will post 2.77 EPS for the current year.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $164.36, for a total transaction of $12,327,000.00. Following the completion of the transaction, the chief executive officer owned 74,648,225 shares of the company's stock, valued at $12,269,182,261. This represents a 0.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,097,407 shares of company stock valued at $714,378,504 in the last 90 days. Insiders own 4.17% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Shorepoint Capital Partners LLC bought a new position in shares of NVIDIA in the 3rd quarter valued at about $5,072,000. Breakwater Investment Management lifted its holdings in shares of NVIDIA by 15.7% in the 3rd quarter. Breakwater Investment Management now owns 1,307 shares of the computer hardware maker's stock valued at $244,000 after acquiring an additional 177 shares during the last quarter. Boyum Wealth Architects LLC lifted its holdings in shares of NVIDIA by 7.2% in the 3rd quarter. Boyum Wealth Architects LLC now owns 1,437 shares of the computer hardware maker's stock valued at $268,000 after acquiring an additional 97 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of NVIDIA by 8.1% in the 3rd quarter. GAMMA Investing LLC now owns 552,154 shares of the computer hardware maker's stock valued at $103,021,000 after acquiring an additional 41,486 shares during the last quarter. Finally, Trust Co of the South lifted its holdings in shares of NVIDIA by 63.6% in the 3rd quarter. Trust Co of the South now owns 10,626 shares of the computer hardware maker's stock valued at $1,983,000 after acquiring an additional 4,129 shares during the last quarter. Institutional investors 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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