NVIDIA (NASDAQ:NVDA) Given New $214.00 Price Target at Evercore ISI

NVIDIA (NASDAQ:NVDA) had its price target upped by equities researchers at Evercore ISI from $190.00 to $214.00 in a report issued on Friday,Briefing.com Automated Import reports. The brokerage presently has an “outperform” rating on the computer hardware maker’s stock. Evercore ISI’s price target would indicate a potential upside of 22.30% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. Mizuho increased their price target on shares of NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Oppenheimer increased their price target on shares of NVIDIA from $175.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. Rosenblatt Securities increased their price target on shares of NVIDIA from $178.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, May 29th. Finally, UBS Group increased their price target on shares of NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and a consensus target price of $192.44.

NVIDIA Stock Down 0.2%

Shares of NVIDIA stock opened at $174.98 on Friday. The company has a market cap of $4.27 trillion, a P/E ratio of 56.45, a PEG ratio of 1.54 and a beta of 2.14. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. NVIDIA has a one year low of $86.62 and a one year high of $184.48. The firm has a fifty day moving average of $166.63 and a two-hundred day moving average of $136.90.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06). The firm had revenue of $44.06 billion for the quarter, compared to analysts’ expectations of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.During the same quarter in the previous year, the company posted $0.61 EPS. The firm’s quarterly revenue was up 69.2% compared to the same quarter last year. NVIDIA has set its Q2 2026 guidance at EPS. On average, analysts forecast that NVIDIA will post 2.77 earnings per share for the current year.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $179.76, for a total value of $13,482,000.00. Following the transaction, the chief executive officer directly owned 72,848,225 shares in the company, valued at approximately $13,095,196,926. This represents a 0.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the sale, the chief financial officer directly owned 2,956,876 shares in the company, valued at $526,501,340.56. This represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,912,440 shares of company stock worth $902,886,782 over the last 90 days. Company insiders own 4.17% of the company’s stock.

Institutional Trading of NVIDIA

A number of hedge funds have recently bought and sold shares of the company. Harbor Asset Planning Inc. acquired a new stake in shares of NVIDIA during the second quarter worth $28,000. Winnow Wealth LLC acquired a new stake in NVIDIA in the 2nd quarter worth about $32,000. Longfellow Investment Management Co. LLC boosted its stake in NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA during the 2nd quarter worth about $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new stake in shares of NVIDIA in the second quarter worth approximately $54,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

About NVIDIA

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.