Itau BBA Securities Has Lowered Expectations for NVIDIA (NASDAQ:NVDA) Stock Price

NVIDIA (NASDAQ:NVDA) had its price objective decreased by Itau BBA Securities from $256.00 to $218.00 in a note issued to investors on Wednesday,MarketScreener reports. Itau BBA Securities’ price objective points to a potential upside of 9.92% from the company’s previous close.

NVDA has been the topic of several other reports. KeyCorp set a $310.00 price target on shares of NVIDIA and gave the stock an “overweight” rating in a report on Thursday, May 21st. HSBC restated a “buy” rating and set a $325.00 price target (up from $295.00) on shares of NVIDIA in a research note on Tuesday, May 19th. Mizuho set a $300.00 price target on shares of NVIDIA in a report on Thursday, May 21st. BTIG Research began coverage on shares of NVIDIA in a research note on Wednesday, April 15th. They set a “buy” rating for the company. Finally, Oppenheimer reissued an “outperform” rating and issued a $265.00 target price on shares of NVIDIA in a research report on Thursday, February 26th. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $303.84.

NVIDIA Trading Down 0.9%

Shares of NVDA opened at $198.32 on Wednesday. The company has a 50-day moving average of $210.80 and a 200 day moving average of $192.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA has a 1-year low of $149.26 and a 1-year high of $236.54. The firm has a market capitalization of $4.80 trillion, a price-to-earnings ratio of 30.37, a PEG ratio of 0.45 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping the consensus estimate of $1.76 by $0.11. The company had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.NVIDIA’s quarterly revenue was up 85.2% on a year-over-year basis. During the same period last year, the business posted $0.81 EPS. On average, research analysts expect that NVIDIA will post 8.69 EPS for the current year.

NVIDIA declared that its Board of Directors has authorized a share repurchase plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Insider Transactions at NVIDIA

In other NVIDIA news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the transaction, the director directly owned 14,163 shares of the company’s stock, valued at $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 over the last 90 days. 3.94% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of NVDA. Lifetime Wealth Management P.C. purchased a new stake in NVIDIA in the fourth quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the 1st quarter worth about $27,000. Longfellow Investment Management Co. LLC boosted 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. acquired a new stake in NVIDIA in the 1st quarter valued at about $40,000. Finally, Spurstone Advisory Services LLC acquired a new stake in NVIDIA in the 2nd quarter valued at about $40,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Micron’s strong earnings and upbeat guidance are boosting confidence in AI infrastructure demand, which is helping NVIDIA as investors reassess the strength of semiconductor spending. Why Is NVIDIA Stock Gaining Thursday?
• Positive Sentiment: Analysts continue to call NVIDIA a must-own AI stock despite the recent tech selloff, reinforcing the view that the company still has durable leadership in accelerated computing. NVIDIA (NVDA) Remains a Must-Own for Bernstein Despite Tech Sell-Off
• Positive Sentiment: New product momentum remains a tailwind, with NVIDIA launching its BioNeMo Agent Toolkit for life sciences AI and continuing to expand into data center, digital twin, and industrial AI use cases. Nvidia launches BioNeMo agent toolkit for AI-driven life sciences research
• Neutral Sentiment: Several articles highlight that NVIDIA remains a dominant AI franchise with strong earnings, huge revenue growth, and sizable analyst price targets, but these are mostly reinforcing the existing bull case rather than changing the near-term story.
• Negative Sentiment: NVDA is still being weighed by sector-wide concern over AI spending and semiconductor demand, after a broad chip selloff hit NVIDIA alongside peers like AMD, Intel, Micron, and Marvell. Wall Street ends lower as AI spending concerns mount
• Negative Sentiment: Investor sentiment is also being pressured by insider selling, including a large stock sale by director Mark Stevens, which can raise questions about near-term upside. NVIDIA (NASDAQ:NVDA) Director Mark Stevens Sells 885,000 Shares

About NVIDIA

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.