NVIDIA Corporation (NASDAQ:NVDA) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of NVIDIA Corporation (NASDAQ:NVDA) have been assigned an average recommendation of “Moderate Buy” from the forty-three research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-three have issued a buy rating and four have issued a strong buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $207.6944.

NVDA has been the topic of several research reports. Robert W. Baird raised their target price on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. TD Cowen raised their price objective on shares of NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a report on Tuesday, August 19th. Craig Hallum upped their target price on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $240.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Arete Research raised shares of NVIDIA to a “strong-buy” rating in a research report on Wednesday, May 21st.

Insider Buying and Selling

In other NVIDIA news, EVP Ajay K. Puri sold 168,195 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares of the company’s stock, valued at $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the completion of the transaction, the chief executive officer owned 75,548,225 shares of the company’s stock, valued at approximately $11,524,126,241.50. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,872,755 shares of company stock worth $764,283,330 over the last ninety days. 4.17% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. ZynergyRetirementPlanningLLC increased its stake in NVIDIA by 8.2% in the 2nd quarter. ZynergyRetirementPlanningLLC now owns 1,375 shares of the computer hardware maker’s stock worth $217,000 after buying an additional 104 shares in the last quarter. V. M. Manning & CO. Inc. bought a new position in shares of NVIDIA in the second quarter worth about $45,397,000. Q3 Asset Management purchased a new stake in shares of NVIDIA during the second quarter worth about $207,000. American Trust grew its position in shares of NVIDIA by 28.0% during the second quarter. American Trust now owns 58,268 shares of the computer hardware maker’s stock worth $9,206,000 after purchasing an additional 12,736 shares in the last quarter. Finally, PVG Asset Management Corp raised its stake in NVIDIA by 15.8% during the 2nd quarter. PVG Asset Management Corp now owns 5,817 shares of the computer hardware maker’s stock valued at $919,000 after purchasing an additional 793 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Up 0.6%

NVDA opened at $171.66 on Friday. The stock has a market capitalization of $4.17 trillion, a price-to-earnings ratio of 48.91, a PEG ratio of 1.24 and a beta of 2.10. The firm has a 50 day moving average price of $172.55 and a 200-day moving average price of $140.01. NVIDIA has a twelve month low of $86.62 and a twelve month high of $184.48. 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 (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts forecast that NVIDIA will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

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.