DA Davidson Issues Positive Forecast for NVIDIA (NASDAQ:NVDA) Stock Price

NVIDIA (NASDAQ:NVDA) had its price objective lifted by stock analysts at DA Davidson from $250.00 to $300.00 in a report released on Monday,MarketScreener reports. The firm presently has a “buy” rating on the computer hardware maker’s stock. DA Davidson’s price target indicates a potential upside of 33.14% from the stock’s current price.

Other research analysts also recently issued reports about the stock. HSBC set a $310.00 price target on shares of NVIDIA in a research report on Tuesday, February 24th. Benchmark restated a “buy” rating and issued a $250.00 price objective on shares of NVIDIA in a research note on Tuesday, March 31st. Oppenheimer reaffirmed an “outperform” rating and issued a $265.00 target price on shares of NVIDIA in a report on Thursday, February 26th. Robert W. Baird boosted their price target on NVIDIA from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, February 26th. Finally, Raymond James Financial upped their price target on NVIDIA from $291.00 to $323.00 and gave the stock a “strong-buy” rating in a research report on Thursday, March 19th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $278.73.

NVIDIA Stock Performance

NVIDIA stock opened at $225.32 on Monday. NVIDIA has a 52-week low of $129.16 and a 52-week high of $236.54. The company has a market cap of $5.46 trillion, a P/E ratio of 45.98, a P/E/G ratio of 0.70 and a beta of 2.25. 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 business has a 50-day simple moving average of $192.36 and a two-hundred day simple moving average of $188.36.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.08. The firm had revenue of $68.13 billion for the quarter, compared to analysts’ expectations of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business’s quarterly revenue was up 73.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.89 EPS. Analysts predict that NVIDIA will post 7.84 EPS for the current year.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 20,000 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $3,497,800.00. Following the transaction, the chief financial officer directly owned 83,060 shares in the company, valued at $14,526,363.40. The trade was a 19.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Aarti S. Shah sold 19,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the transaction, the director directly owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 906,336 shares of company stock valued at $162,802,518. 4.17% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On NVIDIA

A number of institutional investors have recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. bought a new stake in NVIDIA in the 4th quarter valued at $26,000. Longview Financial Advisors Inc. bought a new position in shares of NVIDIA during the 1st quarter valued at about $27,000. Longfellow Investment Management Co. LLC grew its position in shares of NVIDIA by 47.9% during 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 in the last quarter. Phillip James Consulting Co. bought a new stake in shares of NVIDIA in the first quarter worth about $40,000. Finally, Inspire Investing LLC bought a new stake in shares of NVIDIA in the fourth quarter worth about $44,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Morgan Stanley raised its price target on NVIDIA to $285 from $260 and kept an overweight rating, while Wedbush reaffirmed outperform with a $300 target, reinforcing optimism heading into earnings.
• Positive Sentiment: Several reports suggest analysts expect another “beat-and-raise” quarter, supported by strong hyperscaler AI spending and persistent demand for NVIDIA’s Blackwell and H200 chips.
• Positive Sentiment: Multiple articles highlighted bullish investor positioning, including predictions that the stock could move above $240 after earnings and commentary that NVIDIA still has room to run if growth stays strong.
• Positive Sentiment: China trade developments could be an upside catalyst: reports said the U.S. authorized H200 chip sales to major Chinese tech firms, and Beijing may ease some rare earth supply concerns tied to semiconductor manufacturing.
• Neutral Sentiment: NVIDIA remains the market’s main earnings event this week, with investors focused on guidance more than the headline quarter, since expectations are already elevated.
• Neutral Sentiment: Some commentary noted that the stock’s recent move has made the valuation rich, so even solid results may not be enough to spark another major re-rating unless guidance is exceptional.
• Negative Sentiment: Broader market caution persists due to Iran-related geopolitical tension, higher oil prices, and concerns that some of the AI rally has become crowded, which could pressure NVIDIA if risk appetite fades.

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.