NVIDIA (NASDAQ:NVDA) Price Target Raised to $220.00

NVIDIA (NASDAQ:NVDA) had its price objective upped by Morgan Stanley from $210.00 to $220.00 in a report published on Friday,Benzinga reports. The firm currently has an overweight rating on the computer hardware maker’s stock.

NVDA has been the subject of a number of other research reports. KeyCorp reaffirmed an “overweight” rating and issued a $250.00 price target on shares of NVIDIA in a research note on Friday. S&P Equity Research reissued a “positive” rating on shares of NVIDIA in a report on Wednesday, October 22nd. Hsbc Global Res raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Daiwa Capital Markets increased their price target on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 17th. Finally, Seaport Global Securities restated a “sell” rating on shares of NVIDIA in a research report on Wednesday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NVIDIA has an average rating of “Buy” and a consensus target price of $239.15.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $190.17 on Friday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $4.62 trillion, a price-to-earnings ratio of 54.18, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. NVIDIA has a twelve month low of $86.62 and a twelve month high of $212.19. The company has a 50-day simple moving average of $185.60 and a two-hundred day simple moving average of $166.35.

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

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s payout ratio is 1.14%.

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the sale, the chief executive officer directly owned 69,733,203 shares in the company, valued at $14,498,230,235.73. This represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total value of $5,758,241.20. Following the transaction, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at approximately $589,182,656.26. This represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,251,577 shares of company stock worth $583,143,187. 4.17% of the stock is currently owned by insiders.

Institutional Trading of NVIDIA

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Joule Financial LLC lifted its stake in shares of NVIDIA by 2.2% in the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker’s stock valued at $431,000 after purchasing an additional 50 shares during the period. Vision Financial Markets LLC boosted its holdings in shares of NVIDIA by 1.2% during the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock worth $866,000 after buying an additional 53 shares in the last quarter. Websterrogers Financial Advisors LLC grew its position in shares of NVIDIA by 2.6% during the 3rd quarter. Websterrogers Financial Advisors LLC now owns 2,118 shares of the computer hardware maker’s stock worth $395,000 after buying an additional 54 shares during the period. IMG Wealth Management Inc. grew its position in shares of NVIDIA by 1.4% during the 3rd quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker’s stock worth $713,000 after buying an additional 54 shares during the period. Finally, Cyr Financial Inc. increased its stake in shares of NVIDIA by 0.7% in the 3rd quarter. Cyr Financial Inc. now owns 7,737 shares of the computer hardware maker’s stock valued at $1,444,000 after acquiring an additional 54 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.