NVIDIA (NASDAQ:NVDA) Price Target Raised to $280.00

NVIDIA (NASDAQ:NVDA) had its price target lifted by analysts at JPMorgan Chase & Co. from $265.00 to $280.00 in a note issued to investors on Thursday. The firm presently has an “overweight” rating on the computer hardware maker’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 25.30% from the company’s current price.

Other equities research analysts have also issued research reports about the company. TD Cowen restated a “buy” rating and set a $275.00 target price (up from $235.00) on shares of NVIDIA in a research report on Friday, May 15th. Tigress Financial reissued a “strong-buy” rating and issued a $360.00 price target (up from $350.00) on shares of NVIDIA in a research note on Thursday, March 5th. Mizuho set a $300.00 price objective on shares of NVIDIA in a research report on Thursday. Royal Bank Of Canada set a $280.00 price objective on shares of NVIDIA in a research note on Thursday. Finally, Rosenblatt Securities reissued a “buy” rating and set a $325.00 target price on shares of NVIDIA in a research note on Thursday. Four analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and an average price target of $295.10.

NVIDIA Trading Up 1.3%

NASDAQ:NVDA opened at $223.47 on Thursday. NVIDIA has a 52 week low of $129.16 and a 52 week high of $236.54. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.24 and a current ratio of 3.91. The firm’s fifty day moving average is $194.82 and its 200-day moving average is $188.75. The firm has a market cap of $5.41 trillion, a P/E ratio of 45.61, a P/E/G ratio of 0.69 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the previous year, the business earned $0.81 earnings per share. NVIDIA’s revenue for the quarter was up 85.2% on a year-over-year basis. Equities analysts expect that NVIDIA will post 7.85 earnings per share for the current year.

NVIDIA declared that its board has initiated a share buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at NVIDIA

In other news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the sale, the executive vice president owned 3,018,547 shares in the company, valued at $550,130,190.75. This represents a 9.04% 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, Director Mark A. Stevens sold 221,682 shares of the firm’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the transaction, the director directly owned 7,399,771 shares in the company, valued at $1,285,192,227.28. The trade was a 2.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 906,336 shares of company stock worth $162,802,518. 4.17% of the stock is owned by insiders.

Hedge Funds Weigh In On NVIDIA

Hedge funds and other institutional investors have recently modified their holdings of the business. Joule Financial LLC increased its position in shares of NVIDIA by 2.2% during the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker’s stock valued at $431,000 after purchasing an additional 50 shares during the last quarter. Spectrum Financial Alliance Ltd LLC boosted its holdings in shares of NVIDIA by 3.8% in the 1st quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker’s stock worth $243,000 after buying an additional 51 shares during the last quarter. Presidio Capital Management LLC grew its position in NVIDIA by 0.4% during the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker’s stock valued at $2,823,000 after buying an additional 53 shares during the period. LMG Wealth Partners LLC grew its position in NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock valued at $1,427,000 after buying an additional 53 shares during the period. Finally, Vision Financial Markets LLC increased its holdings in NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock worth $866,000 after buying an additional 53 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA delivered another record quarter, with data center revenue hitting $75.2 billion and networking revenue up sharply, reinforcing its leadership in AI infrastructure. Article Title
• Positive Sentiment: The company boosted shareholder returns with a massive $80 billion buyback and a much higher dividend, signaling management confidence and strong cash generation. Article Title
• Positive Sentiment: Several articles highlighted NVIDIA’s expanding AI opportunity, including new Vera Rubin/CPU products and partnerships that could extend growth beyond hyperscale cloud customers. Article Title
• Neutral Sentiment: Wall Street remains highly divided on the near-term move: bullish reports point to underappreciated growth, while others say expectations were so high that the market may have already priced in much of the beat. Article Title
• Neutral Sentiment: China is still a major overhang. Even though the U.S. cleared some H200 sales, NVIDIA said it is not assuming any China data-center revenue in its outlook, limiting upside from that market for now. Article Title
• Negative Sentiment: Investors are also focused on intensifying AI-chip competition from hyperscalers and rivals like AMD, Intel, and Huawei, which is tempering enthusiasm after the earnings beat. Article Title

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.