NVIDIA Corporation (NASDAQ:NVDA) Given Consensus Rating of “Buy” by Brokerages

Shares of NVIDIA Corporation (NASDAQ:NVDA) have received a consensus recommendation of “Buy” from the forty-nine brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, forty-one have issued a buy rating and five 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 $240.4878.

Several equities analysts recently issued reports on NVDA shares. Loop Capital boosted their target price on shares of NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a report on Monday, November 3rd. HSBC set a $320.00 target price on NVIDIA and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Seaport Global Securities increased their price target on NVIDIA from $100.00 to $140.00 and gave the stock a “sell” rating in a report on Monday. Robert W. Baird boosted their target price on shares of NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, August 25th. Finally, BNP Paribas Exane lifted their price target on shares of NVIDIA from $240.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday.

Insider Activity

In other news, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the transaction, the chief executive officer directly owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. The trade was a 0.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,251,577 shares of company stock worth $583,143,187 over the last three months. 4.17% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Harbor Asset Planning Inc. bought a new stake in NVIDIA in the second quarter worth about $28,000. Winnow Wealth LLC bought a new stake in shares of NVIDIA in the 2nd quarter worth approximately $32,000. Longfellow Investment Management Co. LLC increased its position in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC bought a new stake in shares of NVIDIA in the second quarter valued at $40,000. Finally, Kathleen S. Wright Associates Inc. lifted its position in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $181.36 on Wednesday. The stock has a market cap of $4.41 trillion, a price-to-earnings ratio of 51.67, a P/E/G ratio of 1.49 and a beta of 2.11. 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 twelve month low of $86.62 and a twelve month high of $212.19. The company’s fifty day moving average is $186.18 and its 200 day moving average is $167.35.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data 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 during 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%.The firm’s revenue was up 55.6% compared to the same quarter last year. During the same period last year, the company earned $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 year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a $0.01 dividend. 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 dividend payout ratio (DPR) is currently 1.14%.

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.