DA Davidson Has Bullish Outlook for NVIDIA FY2026 Earnings

NVIDIA Corporation (NASDAQ:NVDA) – Research analysts at DA Davidson increased their FY2026 earnings estimates for shares of NVIDIA in a report released on Thursday, November 20th. DA Davidson analyst G. Luria now forecasts that the computer hardware maker will post earnings per share of $4.43 for the year, up from their prior estimate of $4.08. DA Davidson currently has a “Buy” rating and a $250.00 target price on the stock. The consensus estimate for NVIDIA’s current full-year earnings is $2.77 per share. DA Davidson also issued estimates for NVIDIA’s Q4 2026 earnings at $1.45 EPS.

Several other analysts also recently issued reports on the stock. Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. The Goldman Sachs Group restated a “buy” rating and issued a $240.00 target price (up from $210.00) on shares of NVIDIA in a research note on Friday, October 31st. JPMorgan Chase & Co. lifted their price target on shares of NVIDIA from $215.00 to $250.00 and gave the stock an “overweight” rating in a research note on Thursday. BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $250.00 target price (up from $240.00) on shares of NVIDIA in a research report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $257.79.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $178.88 on Friday. The company has a market capitalization of $4.35 trillion, a price-to-earnings ratio of 50.96, a PEG ratio of 1.49 and a beta of 2.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA has a 1-year low of $86.62 and a 1-year high of $212.19. The business has a 50-day moving average of $186.46 and a 200-day moving average of $168.41.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. During the same period in the prior year, the company earned $0.81 EPS. The firm’s revenue was up 62.5% on a year-over-year basis. NVIDIA has set its Q4 2026 guidance at EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Astoria Portfolio Advisors LLC. boosted its stake in shares of NVIDIA by 0.9% during the 1st 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 in the last quarter. Fielder Capital Group LLC lifted its holdings in shares of NVIDIA by 9.7% during the first quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock valued at $5,470,000 after purchasing an additional 4,444 shares during the last quarter. MADDEN SECURITIES Corp boosted its position in shares of NVIDIA by 3.2% in the 2nd quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock valued at $12,848,000 after purchasing an additional 2,484 shares during the period. ORG Wealth Partners LLC increased its stake in NVIDIA by 7.7% in the 2nd quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock worth $7,560,000 after purchasing an additional 3,542 shares in the last quarter. Finally, Sentinel Pension Advisors LLC raised its holdings in NVIDIA by 4.1% during the 2nd quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock worth $433,000 after buying an additional 107 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following 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 this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the sale, the director owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,251,577 shares of company stock valued at $583,143,187 in the last quarter. Insiders own 4.17% of the company’s stock.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Thursday, December 4th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, December 4th. NVIDIA’s payout ratio is currently 0.99%.

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.