NVIDIA (NASDAQ:NVDA) Price Target Raised to $210.00 at Morgan Stanley

NVIDIA (NASDAQ:NVDA) had its target price increased by Morgan Stanley from $206.00 to $210.00 in a report issued on Thursday morning, MarketBeat Ratings reports. Morgan Stanley currently has an overweight rating on the computer hardware maker’s stock.

NVDA has been the topic of a number of other research reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $225.00 price target (up previously from $185.00) on shares of NVIDIA in a research note on Thursday. Bank of America lifted their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday. Phillip Securities upgraded shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. Wolfe Research lifted their price objective on shares of NVIDIA from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Wells Fargo & Company lifted their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research note on Monday, August 11th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $207.69.

NVIDIA Stock Performance

Shares of NVDA stock opened at $180.17 on Thursday. The stock has a market cap of $4.40 trillion, a P/E ratio of 51.33, a P/E/G ratio of 1.59 and a beta of 2.14. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. The company has a fifty day moving average price of $170.22 and a two-hundred day moving average price of $138.74. NVIDIA has a one year low of $86.62 and a one year high of $184.48.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 109.66%. The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the prior year, the firm earned $0.68 earnings per share. The company’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts predict that NVIDIA will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio is presently 1.29%.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the sale, the chief executive officer directly owned 72,848,225 shares in the company, valued at $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the sale, the chief financial officer owned 2,956,876 shares in the company, valued at $526,501,340.56. The trade was a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,862,440 shares of company stock worth $896,145,782 over the last quarter. Corporate insiders own 4.17% of the company’s stock.

Institutional Investors Weigh In On NVIDIA

Large investors have recently bought and sold shares of the company. Morton Brown Family Wealth LLC raised its holdings in NVIDIA by 1.5% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock worth $621,000 after purchasing an additional 58 shares during the last quarter. Roof Eidam Maycock Peralta LLC raised its holdings in NVIDIA by 0.3% during the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock worth $3,302,000 after purchasing an additional 58 shares during the last quarter. Alpha Wealth Funds LLC raised its holdings in NVIDIA by 1.3% during the 2nd quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock worth $732,000 after purchasing an additional 59 shares during the last quarter. Copia Wealth Management lifted its position in shares of NVIDIA by 14.7% during the 2nd quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after acquiring an additional 60 shares during the period. Finally, BKM Wealth Management LLC lifted its position in shares of NVIDIA by 1.1% during the 2nd quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock valued at $908,000 after acquiring an additional 60 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

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.