UBS Group Reaffirms Buy Rating for NVIDIA (NASDAQ:NVDA)

NVIDIA (NASDAQ:NVDA)‘s stock had its “buy” rating reiterated by stock analysts at UBS Group in a research report issued on Monday,MarketScreener reports.

Several other equities analysts have also weighed in on the stock. Morgan Stanley reissued an “overweight” rating on shares of NVIDIA in a research report on Wednesday, October 29th. DA Davidson set a $250.00 target price on NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 29th. S&P Equity Research reaffirmed a “positive” rating on shares of NVIDIA in a research report on Wednesday, October 22nd. Bank of America boosted their price target on NVIDIA from $235.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Loop Capital lifted their price objective on NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $234.00.

NVIDIA Stock Performance

NVDA stock opened at $194.96 on Monday. The firm has a market cap of $4.74 trillion, a PE ratio of 55.58, a P/E/G ratio of 1.49 and a beta of 2.11. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The business’s 50-day moving average price is $183.43 and its two-hundred day moving average price is $163.40. NVIDIA has a 1-year low of $86.62 and a 1-year high of $212.19.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period last year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts forecast that NVIDIA will post 2.77 earnings per share for the current year.

Insider Activity at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the completion of the transaction, the chief financial officer owned 2,828,122 shares in the company, valued at approximately $589,182,656.26. This trade represents a 0.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the sale, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 3,401,577 shares of company stock worth $610,228,687 over the last quarter. 4.17% of the stock is currently owned by company insiders.

Institutional Trading of NVIDIA

Several hedge funds have recently bought and sold shares of NVDA. Siligmueller & Norvid Wealth Advisors LLC bought a new stake in NVIDIA during the third quarter worth $2,134,000. Stevens Capital Management LP purchased a new stake in NVIDIA during the third quarter worth about $56,470,000. Isthmus Partners LLC raised its position in NVIDIA by 13.4% in the third quarter. Isthmus Partners LLC now owns 1,809 shares of the computer hardware maker’s stock worth $338,000 after acquiring an additional 214 shares during the period. Coyle Financial Counsel LLC grew its position in shares of NVIDIA by 3.3% during the 3rd quarter. Coyle Financial Counsel LLC now owns 28,730 shares of the computer hardware maker’s stock valued at $5,360,000 after acquiring an additional 921 shares during the period. Finally, Greenwoods Asset Management Hong Kong Ltd. lifted its stake in NVIDIA by 277.3% in the third quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,378,757 shares of the computer hardware maker’s stock valued at $443,828,000 after purchasing an additional 1,748,317 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

About NVIDIA

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.