NVIDIA’s (NVDA) “Outperform” Rating Reiterated at Robert W. Baird

NVIDIA (NASDAQ:NVDA)‘s stock had its “outperform” rating reissued by stock analysts at Robert W. Baird in a research note issued to investors on Friday,Benzinga reports. They currently have a $275.00 price objective on the computer hardware maker’s stock. Robert W. Baird’s price objective would suggest a potential upside of 43.13% from the company’s previous close.

A number of other research analysts also recently commented on NVDA. Tigress Financial reaffirmed a “strong-buy” rating and set a $350.00 price objective (up previously from $280.00) on shares of NVIDIA in a research note on Thursday, December 18th. Sanford C. Bernstein reissued an “outperform” rating and set a $275.00 price target on shares of NVIDIA in a research report on Friday. Rosenblatt Securities lifted their price objective on shares of NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. JPMorgan Chase & Co. raised their price target on shares of NVIDIA from $215.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. Finally, KeyCorp boosted their price objective on shares of NVIDIA from $250.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $262.14.

NVIDIA Price Performance

Shares of NVDA opened at $192.13 on Friday. The firm has a 50-day simple moving average of $185.97 and a 200-day simple moving average of $176.21. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $212.19. The company has a market capitalization of $4.67 trillion, a price-to-earnings ratio of 47.68, a price-to-earnings-growth ratio of 0.92 and a beta of 2.29. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.71 and a current ratio of 4.47.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The firm had revenue of $57.01 billion during the quarter, compared to the consensus estimate of $54.66 billion. During the same quarter last year, the firm earned $0.81 earnings per share. The firm’s revenue was up 62.5% compared to the same quarter last year. On average, equities research analysts anticipate that NVIDIA will post 2.77 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $177.33, for a total transaction of $44,332,500.00. Following the transaction, the director directly owned 6,933,280 shares of the company’s stock, valued at approximately $1,229,478,542.40. This trade represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director A Brooke Seawell sold 12,728 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $183.93, for a total transaction of $2,341,061.04. The SEC filing for this sale provides additional information. Insiders sold a total of 2,161,474 shares of company stock valued at $396,157,992 in the last three months. 4.17% of the stock is owned by corporate insiders.

Institutional Trading of NVIDIA

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp increased its position in NVIDIA by 1.0% during the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock worth $154,556,803,000 after acquiring an additional 9,554,857 shares during the period. Geode Capital Management LLC increased its holdings in NVIDIA by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock valued at $91,150,170,000 after buying an additional 8,521,936 shares during the period. Kingstone Capital Partners Texas LLC raised its stake in shares of NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after buying an additional 382,231,120 shares in the last quarter. Norges Bank acquired a new stake in shares of NVIDIA during the 2nd quarter valued at about $51,386,863,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in NVIDIA by 2.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after purchasing an additional 5,896,735 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Nvidia licensed Groq’s inference technology and hired top Groq engineers, a move that should accelerate its inference roadmap and relieve GPU bottlenecks. Nvidia hires Groq talent
• Positive Sentiment: Major outlets reported the deal value near $20B (acquisition/licensing framing varies), signaling a material strategic investment in AI inference. CNBC Groq deal report
• Positive Sentiment: Shares ticked higher in after/overnight trading—Robinhood prints showed NVDA above $190 following the Groq headlines. Benzinga overnight trading
• Positive Sentiment: Regulatory friction eased on a separate strategic stake (an FTC clearance tied to a $5B Intel-related bet), removing one potential near‑term overhang. FTC clearance article
• Neutral Sentiment: Some outlets emphasize the deal is structured as a licensing agreement and that Groq will remain independent (non‑exclusive license rather than full buyout), which tempers integration risk but also limits immediate consolidation benefits. WSJ on licensing/independence
• Neutral Sentiment: Prominent investors tied to Groq (e.g., Chamath) stand to benefit materially from the deal; this is notable for shareholder turnover and optics but not directly operational for Nvidia. Chamath windfall piece
• Negative Sentiment: Analysts and commentators flag a potential cash strain: the reported ~$20B price tag and recent commentary about Nvidia’s cash profile raise questions about financing, buybacks, or capital allocation. Seeking Alpha cash concerns

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.