NVIDIA (NASDAQ:NVDA) Price Target Raised to $275.00

NVIDIA (NASDAQ:NVDA) had its target price lifted by stock analysts at Sanford C. Bernstein from $255.00 to $275.00 in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The brokerage presently has an “outperform” rating on the computer hardware maker’s stock. Sanford C. Bernstein’s target price suggests a potential upside of 47.44% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. Morgan Stanley raised their target price on NVIDIA from $210.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Daiwa Capital Markets increased 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. Stifel Nicolaus raised their price objective on shares of NVIDIA from $212.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday. Wolfe Research set a $230.00 target price on shares of NVIDIA and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Finally, Hsbc Global Res raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $250.17.

NVIDIA Trading Up 2.8%

Shares of NVDA stock opened at $186.52 on Thursday. 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 stock has a market capitalization of $4.53 trillion, a P/E ratio of 53.14, a P/E/G ratio of 1.49 and a beta of 2.11. The firm’s 50 day moving average is $186.37 and its 200 day moving average is $167.48.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.07. The firm had revenue of $57.01 billion for the quarter, compared to analysts’ expectations of $54.66 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s revenue was up 62.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. Research analysts expect that NVIDIA will post 2.77 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the transaction, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. This trade represents a 0.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,251,577 shares of company stock worth $583,143,187 over the last three months. 4.17% of the stock is currently owned by company insiders.

Institutional Trading of NVIDIA

Institutional investors have recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC boosted its stake in shares of NVIDIA by 267,959.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. Norges Bank purchased a new position in shares of NVIDIA during the second quarter valued at approximately $51,386,863,000. Nuveen LLC acquired a new stake in NVIDIA during the first quarter worth approximately $15,089,414,000. Goldman Sachs Group Inc. grew its stake in NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares during the period. Finally, Capital Research Global Investors grew its stake in NVIDIA by 16.1% in the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock worth $30,855,564,000 after acquiring an additional 22,896,705 shares during the period. 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.