NVIDIA (NASDAQ:NVDA) Given “Overweight” Rating at Cantor Fitzgerald

NVIDIA (NASDAQ:NVDA)‘s stock had its “overweight” rating reissued by stock analysts at Cantor Fitzgerald in a note issued to investors on Thursday, MarketBeat Ratings reports. They presently have a $350.00 target price on the computer hardware maker’s stock. Cantor Fitzgerald’s price target points to a potential upside of 44.76% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. Benchmark reissued a “buy” rating and issued a $335.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. Piper Sandler started coverage on shares of NVIDIA in a research note on Wednesday, September 9th. They issued an “overweight” rating and a $300.00 price objective for the company. HSBC boosted their price objective on shares of NVIDIA from $360.00 to $365.00 in a research note on Thursday, August 27th. Stifel Nicolaus set a $315.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. Finally, President Capital boosted their price objective on shares of NVIDIA from $295.00 to $330.00 in a research note on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, NVIDIA has an average rating of “Buy” and a consensus price target of $321.89.

NVIDIA Trading Up 1.2%

NVDA traded up $2.87 on Thursday, hitting $241.77. The company had a trading volume of 19,137,089 shares, compared to its average volume of 152,952,813. The company has a market cap of $5.83 trillion, a PE ratio of 30.59, a PEG ratio of 1.81 and a beta of 2.22. NVIDIA has a 12-month low of $164.27 and a 12-month high of $243.37. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The business’s fifty day simple moving average is $219.59 and its 200 day simple moving average is $208.05.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm’s quarterly revenue was up 105.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 earnings per share. Equities research analysts expect that NVIDIA will post 9.25 EPS for the current year.

NVIDIA announced that its board has authorized a stock repurchase plan on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, CFO Colette Kress sold 34,918 shares of the stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the transaction, the chief financial officer owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at $598,810,648. The trade was a 1.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 1,766,118 shares of company stock valued at $399,450,353. Company insiders own 3.94% of the company’s stock.

Institutional Investors Weigh In On NVIDIA

A number of hedge funds and other institutional investors have recently modified their holdings of NVDA. Lifetime Wealth Management P.C. purchased a new position in NVIDIA during the 4th quarter worth $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA during the 1st quarter worth $27,000. Montgomery Financial Services LLC purchased a new position in NVIDIA during the 2nd quarter worth $28,000. Langley Wealth Management LLC purchased a new position in NVIDIA during the 2nd quarter worth $34,000. Finally, Phillip James Consulting Co. purchased a new position in NVIDIA during the 1st quarter worth $40,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI demand signals remain strong. Foxconn reported record monthly revenue and a 47% year-over-year quarterly increase, aided by demand for NVIDIA-linked AI servers. Separately, AM Intelligence announced firm orders for 20,000 NVIDIA Rubin GPUs for deployments in India and Malaysia. Foxconn revenue and NVIDIA demand
• Positive Sentiment: Analysts see additional upside. Wedbush’s Dan Ives argues Wall Street may be underestimating NVIDIA’s growth over the next six to eight quarters, while other analysts contend the stock remains inexpensive relative to expected earnings growth. Options markets also indicate a meaningful probability of NVIDIA reaching a $6 trillion market capitalization this month. Analyst outlook for NVIDIA
• Positive Sentiment: Higher interest rates have not yet derailed the AI trade. Commentary argues NVIDIA’s strong earnings power, dominant ecosystem and infrastructure demand could make it more resilient than typical high-growth stocks even with the Federal Reserve raising rates and the 10-year Treasury yield above 5%. The company’s reported profitability and cash generation also support its recently expanded $235 billion buyback authorization. Federal Reserve rate hike and NVIDIA
• Neutral Sentiment: NVIDIA-backed Reflection AI launched its first open-weight model, Beam, targeting lower-cost Chinese competitors in coding and agentic AI. The launch reinforces NVIDIA’s influence in the AI ecosystem, although its direct near-term revenue impact is unclear. Reflection AI launches Beam
• Negative Sentiment: Valuation and demand sustainability remain key risks. Critics warn that inventory growth, elevated expectations and the possibility of slower customer spending could expose NVIDIA to a sharp correction if AI infrastructure investment cools. NVIDIA inventory concerns
• Negative Sentiment: NVIDIA’s proposed $20 billion Groq transaction faces a lawsuit alleging that Groq shareholders were shortchanged and denied a required vote. The dispute could create legal costs, delay transaction-related benefits or add reputational risk. NVIDIA Groq lawsuit

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.