NVIDIA (NASDAQ:NVDA) Price Target Raised to $215.00 at Rosenblatt Securities

NVIDIA (NASDAQ:NVDA) had its target price raised by Rosenblatt Securities from $200.00 to $215.00 in a research report released on Thursday morning, MarketBeat reports. The brokerage currently has a buy rating on the computer hardware maker’s stock.

Several other research firms have also issued reports on NVDA. Jefferies Financial Group increased their target price on NVIDIA from $185.00 to $200.00 in a report on Wednesday, July 16th. Cantor Fitzgerald reissued an “overweight” rating and set a $240.00 target price (up from $200.00) on shares of NVIDIA in a report on Monday, August 18th. Evercore ISI increased their target price on NVIDIA from $190.00 to $214.00 and gave the stock an “outperform” rating in a report on Friday, August 22nd. Wedbush increased their target price on NVIDIA from $175.00 to $210.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Finally, Morgan Stanley restated an “overweight” rating and set a $206.00 price objective (up from $200.00) on shares of NVIDIA in a research report on Monday, August 18th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, NVIDIA has an average rating of “Moderate Buy” and an average target price of $207.69.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $180.17 on Thursday. 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 stock’s fifty day moving average price is $170.22 and its two-hundred day moving average price is $138.74. NVIDIA has a one year low of $86.62 and a one year high of $184.48. The firm has a market cap of $4.40 trillion, a price-to-earnings ratio of 51.33, a P/E/G ratio of 1.59 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA) last released its earnings results 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. The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 109.66% and a net margin of 52.41%.NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts forecast that NVIDIA will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is currently 1.29%.

Insider Transactions at NVIDIA

In other news, Director Tench Coxe sold 1,000,000 shares of the firm’s stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $142.80, for a total transaction of $142,800,000.00. Following the completion of the transaction, the director directly owned 26,671,360 shares in the company, valued at $3,808,670,208. This trade represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 935,000 shares of NVIDIA stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $140.92, for a total value of $131,760,200.00. Following the completion of the sale, the director owned 9,214,697 shares of the company’s stock, valued at approximately $1,298,535,101.24. The trade was a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,862,440 shares of company stock valued at $896,145,782 over the last three months. Company insiders own 4.17% of the company’s stock.

Institutional Investors Weigh In On NVIDIA

A number of hedge funds have recently added to or reduced their stakes in the business. FMR LLC grew its stake in NVIDIA by 0.7% in the fourth quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker’s stock valued at $134,877,735,000 after acquiring an additional 6,665,252 shares during the period. State Street Corp grew its stake in NVIDIA by 1.0% in the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after acquiring an additional 9,554,857 shares during the period. Geode Capital Management LLC grew its stake in NVIDIA by 1.5% in the second quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock valued at $91,150,170,000 after acquiring an additional 8,521,936 shares during the period. Price T Rowe Associates Inc. MD grew its stake in NVIDIA by 0.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker’s stock valued at $55,237,367,000 after acquiring an additional 3,721,331 shares during the period. Finally, Kingstone Capital Partners Texas LLC boosted its position in shares of NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after buying an additional 382,231,120 shares during the last quarter. 65.27% of the stock is currently 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.