NVIDIA (NASDAQ:NVDA) Given New $140.00 Price Target at Seaport Global Securities

NVIDIA (NASDAQ:NVDA) had its price objective boosted by investment analysts at Seaport Global Securities from $100.00 to $140.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The firm presently has a “sell” rating on the computer hardware maker’s stock. Seaport Global Securities’ price target points to a potential downside of 22.87% from the company’s previous close.

Several other research firms have also weighed in on NVDA. BNP Paribas Exane lifted their price target on NVIDIA from $240.00 to $250.00 and gave the company an “outperform” rating in a research report on Tuesday. Daiwa Capital Markets boosted their price objective on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 17th. Melius Research set a $300.00 target price on shares of NVIDIA in a research note on Wednesday, October 29th. Loop Capital lifted their target price on shares of NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Finally, President Capital upped their price target on NVIDIA from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Five research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, NVIDIA presently has an average rating of “Buy” and a consensus price target of $240.49.

NVIDIA Stock Down 2.7%

Shares of NVIDIA stock opened at $181.50 on Monday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA has a 12-month low of $86.62 and a 12-month high of $212.19. The company has a market cap of $4.41 trillion, a P/E ratio of 52.17, a PEG ratio of 1.49 and a beta of 2.11. The company’s fifty day simple moving average is $185.97 and its two-hundred day simple moving average is $166.88.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the firm posted $0.68 EPS. The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts anticipate that NVIDIA will post 2.77 EPS for the current year.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the transaction, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the sale, the chief financial officer owned 2,828,122 shares in the company, valued at approximately $589,182,656.26. The trade was a 0.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is owned by company insiders.

Institutional Trading of NVIDIA

Several institutional investors have recently made changes to their positions in the business. Harbor Asset Planning Inc. bought a new stake in NVIDIA in the 2nd quarter valued at $28,000. Winnow Wealth LLC bought a new stake in NVIDIA in the 2nd quarter worth approximately $32,000. Longfellow Investment Management Co. LLC boosted its position in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA in the second quarter valued at $40,000. Finally, Sellwood Investment Partners LLC bought a new stake in NVIDIA in the third quarter worth $50,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Company Profile

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.