NVIDIA (NASDAQ:NVDA) Price Target Raised to $215.00

NVIDIA (NASDAQ:NVDAFree Report) had its target price lifted by Deutsche Bank Aktiengesellschaft from $180.00 to $215.00 in a report released on Thursday morning, Marketbeat.com reports. They currently have a hold rating on the computer hardware maker’s stock.

A number of other equities research analysts have also recently commented on NVDA. Stifel Nicolaus increased their price target on NVIDIA from $212.00 to $250.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Daiwa Capital Markets upped their price objective on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a report on Wednesday, September 17th. Robert W. Baird increased their price objective 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. Loop Capital boosted their target price on shares of NVIDIA from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Finally, UBS Group restated a “buy” rating on shares of NVIDIA in a research note on Monday, November 10th. Four investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $257.79.

Check Out Our Latest Research Report on NVIDIA

NVIDIA Price Performance

Shares of NVDA opened at $178.88 on Thursday. The company has a market cap of $4.35 trillion, a price-to-earnings ratio of 50.96, 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 quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company has a 50 day moving average of $186.46 and a two-hundred day moving average of $168.41.

NVIDIA (NASDAQ:NVDAGet Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. The business had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business’s quarterly revenue was up 62.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.81 earnings per share. NVIDIA has set its Q4 2026 guidance at EPS. As a group, analysts predict that NVIDIA will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Insiders Place Their Bets

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

Institutional Trading of NVIDIA

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbor Asset Planning Inc. purchased a new stake in NVIDIA during the second quarter worth $28,000. Winnow Wealth LLC purchased a new position in NVIDIA in the second quarter valued at $32,000. Longfellow Investment Management Co. LLC raised its position in shares of 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 acquiring an additional 67 shares during the period. Spurstone Advisory Services LLC purchased a new stake in shares of NVIDIA during the 2nd quarter worth about $40,000. Finally, Kathleen S. Wright Associates Inc. boosted its stake 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 worth $44,000 after acquiring an additional 254 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Company Profile

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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.

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