Robert W. Baird Boosts NVIDIA (NASDAQ:NVDA) Price Target to $225.00

Key Points

• Robert W. Baird has raised NVIDIA's price target from $195.00 to $225.00, indicating a potential upside of 25.29% from its current price, and maintains an "outperform" rating on the stock.
• NVIDIA's stock recently traded up 0.9% to $179.58, with a market cap of $4.38 trillion and a high price-to-earnings ratio of 57.87.
• The stock currently holds a consensus rating of "Moderate Buy" with 32 analysts issuing a "Buy" rating and a consensus price target of $193.42.

NVIDIA (NASDAQ:NVDA - Get Free Report) had its target price raised by analysts at Robert W. Baird from $195.00 to $225.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has an "outperform" rating on the computer hardware maker's stock. Robert W. Baird's price objective would indicate a potential upside of 25.29% from the company's current price.

Several other research analysts have also issued reports on NVDA. Piper Sandler set a $225.00 target price on NVIDIA and gave the stock an "overweight" rating in a research report on Wednesday, August 13th. Benchmark restated a "buy" rating and set a $190.00 price objective on shares of NVIDIA in a research report on Thursday, May 29th. Needham & Company LLC lifted their price objective on NVIDIA from $160.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, July 16th. BNP Paribas raised shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Finally, DA Davidson raised their price target on shares of NVIDIA from $120.00 to $135.00 and gave the stock a "neutral" rating in a report on Thursday, May 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $193.42.

NVIDIA Trading Up 0.9%

NVIDIA stock traded up $1.5940 during trading hours on Monday, hitting $179.5840. The stock had a trading volume of 41,662,633 shares, compared to its average volume of 238,650,984. The stock has a market cap of $4.38 trillion, a price-to-earnings ratio of 57.87, a P/E/G ratio of 1.56 and a beta of 2.14. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. The business's 50 day simple moving average is $167.35 and its 200-day simple moving average is $137.46. NVIDIA has a one year low of $86.62 and a one year high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. During the same quarter last year, the business earned $0.61 EPS. The firm's quarterly revenue was up 69.2% compared to the same quarter last year. NVIDIA has set its Q2 2026 guidance at EPS. On average, equities analysts predict that NVIDIA will post 2.77 EPS for the current fiscal year.

Insider Transactions at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 168,195 shares of the firm's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total value of $25,673,284.80. Following the completion of the sale, the executive vice president owned 4,018,547 shares of the company's stock, valued at approximately $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Tench Coxe sold 1,000,000 shares of the company's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the transaction, the director directly owned 26,671,360 shares in the company, valued at $3,808,670,208. The trade was a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,912,440 shares of company stock valued at $902,886,782 in the last 90 days. Corporate insiders own 4.17% of the company's stock.

Institutional Investors Weigh In On NVIDIA

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

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