NVIDIA (NASDAQ:NVDA) Shares Up 2.6% – Here’s Why

NVIDIA Corporation (NASDAQ:NVDA) rose 2.6% during mid-day trading on Tuesday . The stock traded as high as $200.63 and last traded at $200.09. 162,741,850 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 170,245,438 shares. The stock had previously closed at $194.97.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA and Palantir launched a sovereign AI initiative for U.S. government and critical infrastructure users, which could expand enterprise and public-sector demand for NVIDIA’s AI platforms. Article Title
• Positive Sentiment: Commentary highlighted NVIDIA’s robotics and “physical AI” expansion, along with bullish analyst views that still see meaningful upside for NVDA. Article Title
• Positive Sentiment: NVIDIA said Anthropic’s models are running on its GB300 systems in Azure, underscoring ongoing demand for its next-generation AI infrastructure. Article Title
• Neutral Sentiment: Market commentary says NVIDIA remains a strong long-term growth story, but the stock has been lagging chip rivals and trading weakly versus recent highs. Article Title
• Neutral Sentiment: Articles on analyst estimates and price targets suggest Wall Street still expects solid earnings growth, but the stock may need stronger near-term execution to re-rate higher. Article Title
• Negative Sentiment: Several reports note that NVIDIA has underperformed in 2026 and struggled to stay above the $200 mark, which is pressuring sentiment. Article Title
• Negative Sentiment: Rising competition from AMD and broader semiconductor rotation is making investors question whether NVIDIA can keep its dominance as easily as before. Article Title

Analysts Set New Price Targets

NVDA has been the topic of several analyst reports. Citic Securities boosted their price objective on shares of NVIDIA from $242.00 to $315.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Melius Research set a $400.00 target price on NVIDIA in a research report on Thursday, May 21st. Tigress Financial reaffirmed a “strong-buy” rating and set a $425.00 target price (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Benchmark reiterated a “buy” rating and issued a $335.00 price target (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $330.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Three investment 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 company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $303.84.

NVIDIA Price Performance

The stock has a market capitalization of $4.84 trillion, a P/E ratio of 30.64, a PEG ratio of 0.43 and a beta of 2.22. The business has a fifty day simple moving average of $210.60 and a 200-day simple moving average of $193.13. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.61 billion during the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the previous year, the business posted $0.81 EPS. NVIDIA’s revenue for the quarter was up 85.2% compared to the same quarter last year. Sell-side analysts expect that NVIDIA Corporation will post 8.69 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were issued a $0.25 dividend. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s dividend payout ratio is 15.31%.

NVIDIA announced that its board has authorized a stock repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Insider Activity

In other news, Director John Dabiri sold 625 shares of the 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 owned 14,163 shares of the company’s stock, valued at $3,030,882. This represents a 4.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Company insiders own 3.94% of the company’s stock.

Institutional Investors Weigh In On NVIDIA

Hedge funds have recently added to or reduced their stakes in the company. State Street Corp increased its stake in NVIDIA by 1.2% during the 4th quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock valued at $184,911,111,000 after purchasing an additional 11,451,386 shares in the last quarter. Geode Capital Management LLC raised its holdings in NVIDIA by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock worth $109,446,217,000 after buying an additional 3,383,441 shares during the last quarter. Norges Bank bought a new position in shares of NVIDIA in the fourth quarter valued at $62,244,133,000. Bank of America Corp DE lifted its stake in shares of NVIDIA by 2.1% in the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock valued at $33,345,453,000 after buying an additional 4,019,505 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of NVIDIA by 1.5% during the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after buying an additional 2,609,560 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

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.