NVIDIA (NASDAQ:NVDA) Stock Price Up 1.3% – Time to Buy?

NVIDIA Corporation (NASDAQ:NVDA)’s stock price traded up 1.3% during mid-day trading on Friday . The stock traded as high as $222.73 and last traded at $222.27. Approximately 186,457,542 shares traded hands during trading, an increase of 19% from the average daily volume of 156,460,734 shares. The stock had previously closed at $219.34.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations for continued hyperscaler spending on GPUs, networking equipment and complete AI systems. Nvidia Chip Sales Could Double Next Year
• Positive Sentiment: Analysts and management commentary point to approximately 70% revenue growth in fiscal 2028, materially above earlier expectations near 45%. That outlook suggests demand may remain strong even as NVIDIA’s business becomes much larger. Jensen Huang just gave Nvidia investors a massive 2027 signal
• Positive Sentiment: New ecosystem activity continues to expand NVIDIA’s opportunity, including CoreWeave’s deployment of multi-rack Vera Rubin systems, autonomous trading applications powered by NVIDIA hardware, and a Google-NVIDIA effort to help connect more AI data centers to the power grid. Google, Nvidia and Anthropic want Emerald AI to find space on the grid for more data centers
• Positive Sentiment: Investors continue to describe NVIDIA as attractively valued relative to its earnings growth, while the company’s CUDA-Q software and quantum-computing partnerships could broaden its long-term role beyond conventional AI accelerators. NVIDIA takes the quantum leap
• Neutral Sentiment: A proposed SpaceX-NVIDIA effort to place AI computing systems in orbit could create a new source of chip demand, but the concept faces major cooling, radiation, connectivity and economic hurdles and is unlikely to contribute materially for several years. SpaceX and NVIDIA Want to Put AI Data Centers in Orbit
• Negative Sentiment: Huawei’s planned 2027 Ascend 960 chips and Broadcom’s custom-chip business highlight increasing competition and the risk that hyperscalers diversify away from NVIDIA GPUs. Huawei Sets Two Ascend 960 AI Chip Launches for 2027
• Negative Sentiment: Rising memory and networking costs may pressure gross margins, while NVIDIA’s large Taiwan customer exposure and heavy weighting in technology indexes leave the stock vulnerable to supply-chain, geopolitical and concentration concerns.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several recent research reports. Jefferies Financial Group reissued a “buy” rating on shares of NVIDIA in a report on Wednesday, August 26th. Raymond James Financial set a $515.00 price target on shares of NVIDIA and gave the company a “strong-buy” rating in a report on Thursday, August 27th. Seaport Research Partners increased their price objective on shares of NVIDIA from $140.00 to $180.00 and gave the company a “sell” rating in a research note on Thursday, May 21st. President Capital increased their price target on shares of NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. Finally, Benchmark restated a “buy” rating and set a $335.00 price target on shares of NVIDIA in a research note on Thursday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $324.34.

NVIDIA Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock has a market capitalization of $5.36 trillion, a P/E ratio of 28.10, a PEG ratio of 1.68 and a beta of 2.22. The company’s 50 day simple moving average is $214.43 and its two-hundred day simple moving average is $204.16.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. The company had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. NVIDIA’s quarterly revenue was up 105.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 earnings per share. As a group, equities analysts expect that NVIDIA Corporation will post 9.12 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA’s dividend payout ratio is presently 12.64%.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Timothy S. Teter sold 30,000 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,700,740 shares of company stock valued at $385,015,077 over the last ninety days. 3.94% of the stock is currently owned by company insiders.

Institutional Trading of NVIDIA

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Retirement Wealth Solutions LLC raised its holdings in shares of NVIDIA by 1.2% in the second quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker’s stock valued at $825,000 after purchasing an additional 47 shares during the last quarter. LightSquare Wealth Management LLC grew its position in NVIDIA by 0.3% in the 2nd quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock worth $3,741,000 after purchasing an additional 49 shares in the last quarter. Defender Capital LLC. grew its position in NVIDIA by 0.7% in the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock worth $1,507,000 after purchasing an additional 50 shares in the last quarter. Kooman & Associates increased its stake in NVIDIA by 0.6% in the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock valued at $1,694,000 after buying an additional 50 shares during the last quarter. Finally, Roof Eidam Maycock Peralta LLC increased its stake in NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock valued at $3,767,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.