Wedbush Reaffirms Outperform Rating for NVIDIA (NASDAQ:NVDA)

NVIDIA (NASDAQ:NVDA)‘s stock had its “outperform” rating reaffirmed by Wedbush in a note issued to investors on Monday,Benzinga reports. They presently have a $300.00 price target on the computer hardware maker’s stock. Wedbush’s price objective would indicate a potential upside of 33.14% from the stock’s current price.

NVDA has been the subject of a number of other research reports. CICC Research increased their price target on shares of NVIDIA from $228.00 to $240.60 and gave the company an “outperform” rating in a report on Friday, February 27th. Wall Street Zen downgraded shares of NVIDIA from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Piper Sandler reiterated an “overweight” rating on shares of NVIDIA in a report on Thursday, February 26th. HSBC set a $310.00 price target on shares of NVIDIA in a report on Tuesday, February 24th. Finally, Truist Financial increased their price target on shares of NVIDIA from $283.00 to $287.00 and gave the company a “buy” rating in a report on Wednesday, March 18th. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $277.10.

NVIDIA Stock Performance

Shares of NVDA opened at $225.32 on Monday. The company has a 50-day simple moving average of $192.36 and a 200-day simple moving average of $188.36. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $5.46 trillion, a PE ratio of 45.98, a P/E/G ratio of 0.70 and a beta of 2.25. NVIDIA has a 52-week low of $129.16 and a 52-week high of $236.54.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.08. The business had revenue of $68.13 billion during the quarter, compared to the consensus estimate of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business’s revenue was up 73.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.89 EPS. Equities research analysts predict that NVIDIA will post 7.84 earnings per share for the current fiscal year.

Insider Activity at NVIDIA

In other NVIDIA news, Director John Dabiri sold 3,004 shares of NVIDIA stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $184.90, for a total transaction of $555,439.60. Following the completion of the transaction, the director owned 14,788 shares in the company, valued at approximately $2,734,301.20. The trade was a 16.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mark A. Stevens sold 221,682 shares of NVIDIA stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the transaction, the director owned 7,399,771 shares of the company’s stock, valued at approximately $1,285,192,227.28. The trade was a 2.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 906,336 shares of company stock valued at $162,802,518 in the last quarter. 4.17% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NVIDIA

Hedge funds and other institutional investors have recently modified their holdings of the company. Lifetime Wealth Management P.C. purchased a new stake in shares of NVIDIA during the fourth quarter worth about $26,000. Longview Financial Advisors Inc. purchased a new stake in NVIDIA in the first quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC grew its holdings 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 valued at $33,000 after purchasing an additional 67 shares during the period. Phillip James Consulting Co. purchased a new stake in NVIDIA in the first quarter valued at approximately $40,000. Finally, Inspire Investing LLC purchased a new stake in NVIDIA in the fourth quarter valued at approximately $44,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street sentiment remains very constructive, with multiple firms reiterating buy ratings and recent price targets clustering well above the current share price, including targets from TD Cowen, UBS, Wells Fargo and others. Analyst Predicts Nvidia Stock Should Be 42% Higher
• Positive Sentiment: Investors are betting that Nvidia will deliver another strong earnings beat, with bullish commentary pointing to persistent AI infrastructure demand, tight supply, and the possibility of upside from any improvement in China-related chip sales. Nvidia Stock Rises as Earnings Promise Another AI Chip Boost
• Positive Sentiment: Prediction-market and market commentary suggest traders see room for NVDA to move above recent highs after earnings, reinforcing the view that investor positioning remains bullish into the report. Will NVIDIA Stock Explode? Prediction Market Bettors See Odds Of NVDA Surging Above This Level Amid Critical Q1 Earnings
• Neutral Sentiment: Nvidia remains the key market event this week, with broader investor focus on AI spending and consumer-demand data from retailers that could affect sentiment across growth stocks, including NVDA. Home Sales, Nvidia, Walmart, Home Depot, Target, and More to Watch This Week
• Neutral Sentiment: Some investors are taking profits or waiting for guidance, as expectations are now very high after the stock’s strong run, making the earnings release especially important for confirming whether AI demand can keep justifying the premium valuation. Nvidia Earnings Ahead: Diminishing Revenue Surprises Face High Expectations
• Negative Sentiment: One ongoing overhang is China, where export restrictions and delivery uncertainty continue to cloud the outlook for some Nvidia AI chip sales, even as U.S. approval for H200 exports has created some hope for eventual relief. Trump Clears Nvidia H200 Sales To Alibaba, Tencent And 8 Others, But Beijing Halts Deliveries

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.