S&P Equity Research Reaffirms "Positive" Rating for NVIDIA (NASDAQ:NVDA)

Key Points

• S&P Equity Research has reaffirmed a "Positive" rating for NVIDIA (NASDAQ:NVDA), citing strong momentum in the AI sector and consistent market leadership.
• Multiple analysts have recently revised their price targets for NVIDIA, with an average target of $222.23 and the stock rated mainly as Buy or Strong Buy by five investment firms.
• Despite insider sales, institutional investors have shown increased interest in NVIDIA, with total holdings rising to over 65% among these investors.

NVIDIA (NASDAQ:NVDA - Get Free Report)'s stock had its "positive" rating reiterated by investment analysts at S&P Equity Research in a report released on Wednesday,MarketScreener reports.

Several other equities analysts have also weighed in on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a research report on Wednesday, October 8th. Daiwa Capital Markets upped their target price on NVIDIA from $165.00 to $205.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 17th. Arete lifted their price target on shares of NVIDIA from $235.00 to $244.00 and gave the company a "buy" rating in a research report on Tuesday, October 14th. Rosenblatt Securities reiterated a "buy" rating and issued a $215.00 target price on shares of NVIDIA in a research note on Tuesday, September 23rd. Finally, Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the stock an "overweight" rating in a research report on Wednesday, August 13th. Five investment analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $222.23.

NVIDIA Trading Down 0.1%

Shares of NASDAQ:NVDA opened at $180.08 on Wednesday. The firm has a fifty day moving average of $179.34 and a two-hundred day moving average of $154.61. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA has a 12-month low of $86.62 and a 12-month high of $195.62. The firm has a market capitalization of $4.38 trillion, a P/E ratio of 51.43, a price-to-earnings-growth ratio of 1.31 and a beta of 2.12.

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

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.16, for a total value of $13,362,000.00. Following the completion of the sale, the chief executive officer owned 73,523,225 shares in the company, valued at approximately $13,098,897,766. This trade represents a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,753,937 shares of company stock worth $669,548,776 in the last 90 days. Corporate insiders own 4.17% of the company's stock.

Institutional Investors Weigh In On NVIDIA

Institutional investors have recently modified their holdings of the business. Harbor Asset Planning Inc. acquired a new position in shares of NVIDIA in the 2nd quarter valued at $28,000. Winnow Wealth LLC acquired a new position in shares of NVIDIA in the second quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC increased its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC bought a new stake in shares of NVIDIA during the second quarter worth $40,000. Finally, Kathleen S. Wright Associates Inc. raised its holdings in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after acquiring an additional 254 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

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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