NVIDIA’s (NVDA) “Buy” Rating Reaffirmed at DA Davidson

NVIDIA (NASDAQ:NVDA)‘s stock had its “buy” rating reaffirmed by research analysts at DA Davidson in a report released on Monday,Benzinga reports. They presently have a $300.00 price objective on the computer hardware maker’s stock. DA Davidson’s target price points to a potential upside of 33.98% from the company’s current price.

A number of other brokerages have also issued reports on NVDA. Mizuho set a $300.00 price target on NVIDIA in a research note on Thursday, May 21st. JPMorgan Chase & Co. increased their price objective on shares of NVIDIA from $265.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Robert W. Baird set a $500.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, May 21st. Argus increased their price objective on shares of NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, DZ Bank reissued a “buy” rating on shares of NVIDIA in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $305.38.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA traded up $12.77 during midday trading on Monday, hitting $223.91. The company had a trading volume of 130,158,488 shares, compared to its average volume of 171,281,281. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The company has a market cap of $5.42 trillion, a price-to-earnings ratio of 34.29, a PEG ratio of 0.51 and a beta of 2.22. NVIDIA has a 12-month low of $135.40 and a 12-month high of $236.54. The company has a fifty day moving average of $199.28 and a two-hundred day moving average of $189.63.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 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 analyst estimates of $78.42 billion. During the same period in the prior year, the business posted $0.81 EPS. NVIDIA’s revenue was up 85.2% on a year-over-year basis. On average, equities research analysts expect that NVIDIA will post 8.04 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has approved a share 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 buy up to 1.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the sale, the executive vice president directly owned 3,018,547 shares of the company’s stock, valued at $550,130,190.75. This represents a 9.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 221,682 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the completion of the sale, the director directly owned 7,399,771 shares in the company, valued at $1,285,192,227.28. This trade represents a 2.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 906,961 shares of company stock worth $162,936,268 over the last three months. 3.94% of the stock is currently owned by company insiders.

Institutional Trading of NVIDIA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NVDA. Norges Bank purchased a new stake in NVIDIA in the 4th quarter worth about $62,244,133,000. J. Stern & Co. LLP raised its position in NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares during the period. Cardano Risk Management B.V. increased its position in shares of NVIDIA by 896.4% during the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock worth $14,570,119,000 after acquiring an additional 70,283,539 shares during the period. Capital Research Global Investors increased its position in shares of NVIDIA by 16.1% during the third 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. Finally, Laurel Wealth Advisors LLC increased its position in shares of NVIDIA by 15,496.1% during the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after acquiring an additional 21,725,326 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: ASUS launched new ProArt laptops powered by NVIDIA RTX Spark, adding another major OEM to NVIDIA’s AI PC push. ASUS Unveils Revolutionary ProArt P16 and P14 Laptops Powered by NVIDIA RTX Spark at Computex 2026
• Positive Sentiment: CoreWeave said it was first to bring NVIDIA’s Vera Rubin NVL72 system to the cloud, underscoring strong cloud demand for NVIDIA’s newest AI infrastructure. CoreWeave Stock (CRWV) Jumps as It Becomes First to Launch NVIDIA’s Vera Rubin NVL72 in the Cloud
• Positive Sentiment: TSMC, Foxconn, ABB, and other partners announced deeper collaborations with NVIDIA, reinforcing the view that NVIDIA remains central to the AI factory buildout. Nvidia courts Korea’s tech giants at Taipei dinner as AI push deepens
• Positive Sentiment: Analysts and media coverage remained broadly bullish, with Goldman Sachs reaffirming a Buy rating and multiple reports calling NVIDIA’s margins, growth, and AI platform strategy resilient. Wall Street analyst updates Nvidia (NVDA) stock price target
• Positive Sentiment: NVIDIA also introduced new DSX, Vera, BlueField, and physical-AI tools, which investors may see as evidence the company is broadening beyond GPUs into the full AI stack. NVIDIA and Microsoft Reinvent Windows PCs for the Age of Personal AI

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.