Daiwa Capital Markets Raises NVIDIA (NASDAQ:NVDA) Price Target to $205.00

NVIDIA (NASDAQ:NVDA) had its price target increased by equities research analysts at Daiwa Capital Markets from $165.00 to $205.00 in a research note issued to investors on Wednesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the computer hardware maker’s stock. Daiwa Capital Markets’ price objective would indicate a potential upside of 16.32% from the company’s previous close.

A number of other brokerages also recently issued reports on NVDA. The Goldman Sachs Group reiterated a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research report on Wednesday, August 27th. Mizuho increased their price target on NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Loop Capital increased their price target on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 25th. Finally, Phillip Securities upgraded NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 14th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $208.47.

NVIDIA Stock Up 3.5%

Shares of NVDA opened at $176.24 on Wednesday. The company has a market capitalization of $4.28 trillion, a price-to-earnings ratio of 50.21, a PEG ratio of 1.23 and a beta of 2.10. The stock’s 50-day moving average price is $175.50 and its 200-day moving average price is $143.02. 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 52 week low of $86.62 and a 52 week high of $184.48.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA will post 2.77 EPS for the current year.

Insider Buying and Selling

In related news, Director Dawn E. Hudson sold 18,000 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of the sale, the director owned 368,887 shares of the company’s stock, valued at approximately $63,448,564. This trade represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $176.57, for a total value of $13,242,750.00. Following the completion of the sale, the chief executive officer directly owned 72,023,366 shares of the company’s stock, valued at approximately $12,717,165,734.62. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,819,522 shares of company stock worth $642,506,300 in the last three months. Company insiders own 4.17% of the company’s stock.

Institutional Investors Weigh In On NVIDIA

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Astoria Portfolio Advisors LLC. increased its stake in NVIDIA by 0.9% during the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after acquiring an additional 864 shares during the last quarter. Centerpoint Advisory Group increased its stake in NVIDIA by 2.5% during the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after acquiring an additional 943 shares during the last quarter. GSB Wealth Management LLC grew its stake in shares of NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after buying an additional 1,043 shares in the last quarter. Variant Private Wealth LLC grew its stake in shares of NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after buying an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc grew its stake in shares of NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock valued at $4,981,000 after buying an additional 1,265 shares in the last quarter. 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.