NVIDIA (NASDAQ:NVDA) Earns “Buy” Rating from UBS Group

NVIDIA (NASDAQ:NVDA)‘s stock had its “buy” rating reissued by analysts at UBS Group in a note issued to investors on Monday,MarketScreener reports.

A number of other brokerages have also recently weighed in on NVDA. Needham & Company LLC upped their price objective on NVIDIA from $200.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Wells Fargo & Company lifted their target price on NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research note on Monday, August 11th. Truist Financial raised their price target on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a report on Thursday, August 28th. DA Davidson set a $250.00 price objective on shares of NVIDIA and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, Daiwa Capital Markets increased their target price on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research report on Wednesday, September 17th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, NVIDIA presently has an average rating of “Buy” and a consensus target price of $235.44.

NVIDIA Price Performance

NASDAQ NVDA opened at $193.16 on Monday. The company has a market cap of $4.69 trillion, a PE ratio of 55.03, a P/E/G ratio of 1.49 and a beta of 2.11. The firm’s 50 day moving average price is $184.37 and its 200-day moving average price is $164.63. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA has a 52-week low of $86.62 and a 52-week high of $212.19.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data 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 company 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%. NVIDIA’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts forecast that NVIDIA will post 2.77 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total value of $13,317,750.00. Following the completion of the transaction, the chief executive officer directly owned 72,248,366 shares in the company, valued at $12,829,142,350.62. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,326,577 shares of company stock worth $596,625,187 in the last 90 days. Insiders own 4.17% of the company’s stock.

Institutional Trading of NVIDIA

Several institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp lifted its holdings in shares of NVIDIA by 1.0% in the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after buying an additional 9,554,857 shares during the period. Geode Capital Management LLC raised its position in NVIDIA by 1.5% during 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 in the last quarter. Kingstone Capital Partners Texas LLC raised its position in 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 acquiring an additional 382,231,120 shares in the last quarter. Norges Bank acquired a new position in NVIDIA in the second quarter valued at approximately $51,386,863,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after purchasing an additional 5,896,735 shares in the last quarter. 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.