NVIDIA (NASDAQ:NVDA) Given Buy Rating at Needham & Company LLC

Needham & Company LLC reiterated their buy rating on shares of NVIDIA (NASDAQ:NVDA) in a report issued on Wednesday morning,Benzinga reports. The brokerage currently has a $240.00 price objective on the computer hardware maker’s stock.

NVDA has been the subject of several other research reports. Bank of America reiterated a “buy” rating and issued a $275.00 target price on shares of NVIDIA in a report on Friday, December 26th. Barclays lifted their price objective on NVIDIA from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. The Goldman Sachs Group reiterated a “buy” rating and issued a $240.00 price objective (up previously from $210.00) on shares of NVIDIA in a report on Friday, October 31st. Wells Fargo & Company reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Monday, December 29th. Finally, Susquehanna boosted their price target on shares of NVIDIA from $230.00 to $250.00 and gave the stock a “positive” rating in a research note on Thursday, November 20th. Four investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and an average target price of $264.20.

NVIDIA Stock Up 1.6%

Shares of NVDA opened at $187.98 on Wednesday. The company’s 50-day moving average price is $184.76 and its 200 day moving average price is $183.49. NVIDIA has a 12-month low of $86.62 and a 12-month high of $212.19. The company has a current ratio of 4.47, a quick ratio of 3.71 and a debt-to-equity ratio of 0.06. The firm has a market cap of $4.57 trillion, a P/E ratio of 46.65, a price-to-earnings-growth ratio of 0.57 and a beta of 2.31.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.07. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The company had revenue of $57.01 billion during the quarter, compared to analyst estimates of $54.66 billion. During the same quarter last year, the firm posted $0.81 earnings per share. NVIDIA’s revenue was up 62.5% compared to the same quarter last year. On average, sell-side analysts forecast that NVIDIA will post 2.77 earnings per share for the current year.

Insider Buying and Selling

In other NVIDIA news, EVP Ajay K. Puri sold 200,000 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $187.82, for a total value of $37,564,000.00. Following the sale, the executive vice president directly owned 3,818,547 shares in the company, valued at $717,199,497.54. This trade represents a 4.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $181.73, for a total value of $63,605,500.00. Following the transaction, the director directly owned 7,049,803 shares of the company’s stock, valued at approximately $1,281,160,699.19. This represents a 4.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,611,474 shares of company stock valued at $291,731,692 over the last ninety days. 4.17% of the stock is currently owned by corporate insiders.

Institutional Trading of NVIDIA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after acquiring an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG grew its position in NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after purchasing an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE increased its stake in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after purchasing an additional 3,653 shares during the period. Hudson Value Partners LLC raised its holdings in shares of NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. boosted its stake in shares of NVIDIA by 15.7% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after buying an additional 896 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Meta’s expanded multiyear commitment to buy millions of NVIDIA GPUs, upcoming Rubin GPUs and Vera CPUs — plus networking — is the biggest near‑term demand signal for NVDA and supports revenue visibility across several years. Nvidia to sell Meta millions of chips in multiyear deal
• Positive Sentiment: Large deployments and partnerships beyond Meta — including India deals and Yotta’s $2B Blackwell‑based AI hub — signal broader global enterprise demand for NVIDIA’s Blackwell/Rubin platforms. India’s Yotta to build $2 billion AI hub with Nvidia’s Blackwell chips
• Positive Sentiment: Sell‑side and boutique analysts remain constructive (RBC, Needham, Citi commentary, and reported price targets well above current levels), which supports buy‑the‑dip flows into NVDA ahead of earnings.
• Neutral Sentiment: NVIDIA’s Q4 earnings report (Feb. 25) is the key upcoming catalyst — the Meta deal improves revenue visibility, but consensus expects big numbers, so execution will matter. (Analyst previews flag both upside and a “high‑expectations” risk.)
• Neutral Sentiment: NVIDIA’s 13F filing shows strategic equity moves (large stakes in Intel and Synopsys; sales of smaller neocloud/AI positions). That signals balance‑sheet/partnering strategy rather than core demand change; investors interpret it as strategic alignment with CPU and EDA partners.
• Negative Sentiment: Institutional selling and portfolio rebalances created headwinds: SoftBank and some hedge funds reduced or exited NVDA stakes in Q4, and Appaloosa trimmed exposure — these flows can cap near‑term upside. Softbank Group dissolves share stake in Nvidia
• Negative Sentiment: Expectations are very high: several pieces warn that even a “record beat” may not be enough to lift the stock if forward guidance disappoints — making NVDA vulnerable to an earnings‑driven pullback after Feb. 25. Prediction: Nvidia Stock Will Drop After Feb. 25

NVIDIA Company Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.