NVIDIA (NASDAQ:NVDA) Stock Price Up 2.2% – Here’s What Happened

Shares of NVIDIA Corporation (NASDAQ:NVDA) rose 2.2% during mid-day trading on Thursday . The company traded as high as $205.66 and last traded at $204.87. Approximately 154,200,960 shares traded hands during trading, a decline of 10% from the average daily volume of 172,153,875 shares. The stock had previously closed at $200.42.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts remained broadly bullish, with multiple notes raising revenue forecasts and price targets while arguing NVDA still looks undervalued given its dominance in AI accelerators and networking. Analyst Calls NVIDIA Undervalued, Sees Major Upside Ahead
• Positive Sentiment: Reuters reported that NVIDIA has begun pitching its Vera CPUs to Chinese customers, suggesting a possible reopening of a meaningful China growth channel and expanding the company’s AI data-center addressable market. Exclusive: Nvidia begins Vera CPU sales pitch to Chinese clients, sources say
• Positive Sentiment: New partnerships and product launches reinforced NVIDIA’s platform leadership, including its RTX Spark push for local AI inference, its collaboration with Microsoft on agentic AI, and healthcare AI work with Abridge. Nvidia Is Developing an AI Healthcare Model With Startup Abridge
• Positive Sentiment: Institutional and thematic commentary continued to support the stock, with articles highlighting strong Blackwell demand, a favorable AI spending backdrop, and the idea that NVDA could benefit from the current wave of AI infrastructure buildouts. NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
• Neutral Sentiment: Some market coverage framed NVIDIA as part of a broader tech rotation, with chip stocks moving differently from the mega-cap AI leaders as investors reassessed valuation and near-term expectations. Nvidia stock slips despite China push, strong AI demand outlook
• Negative Sentiment: Bearish and comparative pieces argued that other AI names like Micron or AMD may offer better near-term upside, which can weigh on sentiment toward NVDA even if the company’s fundamentals remain strong. Micron vs. NVIDIA: One AI Stock Is a Clear Buy Right Now

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of research reports. Citigroup initiated coverage on shares of NVIDIA in a research report on Wednesday, April 15th. They set a “buy” rating for the company. Mizuho set a $300.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. Daiwa Securities Group lifted their price target on shares of NVIDIA from $215.00 to $255.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. JPMorgan Chase & Co. lifted their price target on shares of NVIDIA from $265.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Finally, William Blair reiterated an “outperform” rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus target price of $305.67.

NVIDIA Price Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The stock has a market capitalization of $4.97 trillion, a price-to-earnings ratio of 31.42, a P/E/G ratio of 0.46 and a beta of 2.22. The company has a 50-day moving average of $206.84 and a 200-day moving average of $191.34.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period in the previous year, the firm posted $0.81 EPS. The company’s quarterly revenue was up 85.2% compared to the same quarter last year. As a group, equities research analysts expect that NVIDIA Corporation will post 8.65 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be issued a $0.25 dividend. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 4th. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA’s payout ratio is presently 15.31%.

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

Insider Buying and Selling

In other NVIDIA news, EVP Ajay K. Puri sold 300,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the transaction, the executive vice president directly owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Colette Kress sold 42,650 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $174.89, for a total value of $7,459,058.50. Following the completion of the transaction, the chief financial officer owned 881,387 shares of the company’s stock, valued at $154,145,772.43. This trade represents a 4.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,619,457 shares of company stock worth $332,073,643 in the last three months. 3.94% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NVDA. Norges Bank purchased a new stake in shares of NVIDIA during the 4th quarter valued at $62,244,133,000. J. Stern & Co. LLP grew its stake in shares of NVIDIA by 13,709.1% during the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after buying an additional 124,849,603 shares during the period. Cardano Risk Management B.V. grew its stake in shares of NVIDIA by 896.4% during the 4th quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock valued at $14,570,119,000 after buying an additional 70,283,539 shares during the period. Capital Research Global Investors grew its stake in shares of NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after buying an additional 22,896,705 shares during the period. Finally, Laurel Wealth Advisors LLC grew its stake in shares of NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock valued at $3,454,534,000 after buying an additional 21,725,326 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Company Profile

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.