NVIDIA (NASDAQ:NVDA – Get Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at The Goldman Sachs Group in a report released on Thursday,MarketScreener reports.
Several other brokerages also recently weighed in on NVDA. TD Cowen reiterated a “buy” rating and issued a $235.00 price target on shares of NVIDIA in a report on Tuesday, March 17th. BTIG Research initiated coverage on NVIDIA in a research report on Wednesday, April 15th. They set a “buy” rating on the stock. New Street Research lowered their price target on NVIDIA from $307.00 to $275.00 and set a “buy” rating for the company in a report on Tuesday, March 31st. Tigress Financial reaffirmed a “strong-buy” rating and set a $360.00 price objective (up from $350.00) on shares of NVIDIA in a research note on Thursday, March 5th. Finally, Oppenheimer reissued an “outperform” rating and issued a $265.00 target price on shares of NVIDIA in a research report on Thursday, February 26th. Four analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $275.25.
Check Out Our Latest Analysis on NVDA
NVIDIA Price Performance
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.08. The business had revenue of $68.13 billion during the quarter, compared to the consensus estimate of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company’s quarterly revenue was up 73.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 earnings per share. On average, sell-side analysts forecast that NVIDIA will post 7.78 EPS for the current fiscal year.
Insider Activity
In related news, Director Aarti S. Shah sold 19,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total value of $3,357,490.00. Following the transaction, the director owned 36,007 shares in the company, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the transaction, the executive vice president directly owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. This trade represents a 9.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 906,336 shares of company stock worth $162,802,518. Insiders own 4.17% of the company’s stock.
Institutional Trading of NVIDIA
Several large investors have recently added to or reduced their stakes in NVDA. Norges Bank acquired a new position in NVIDIA during the 4th quarter worth approximately $62,244,133,000. J. Stern & Co. LLP grew its position in NVIDIA by 13,709.1% in the fourth 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 acquiring an additional 124,849,603 shares in the last quarter. Cardano Risk Management B.V. grew its position in NVIDIA by 896.4% in the fourth 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 acquiring an additional 70,283,539 shares in the last quarter. Capital Research Global Investors raised its stake 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 valued at $30,855,564,000 after purchasing an additional 22,896,705 shares during the period. Finally, Laurel Wealth Advisors LLC lifted 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 purchasing an additional 21,725,326 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.
More NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA announced a $500M strategic commercial/technology partnership and warrant investment in Corning to scale U.S. fiber‑optics and photonics capacity — a move that de‑risks supply for latency‑sensitive AI racks and signals Nvidia is securing critical infrastructure for future GPU rollouts. NVIDIA and Corning Announce Long-Term Partnership
- Positive Sentiment: New hyperscale compute deals (Anthropic/SpaceX reports) highlight near‑term demand for NVIDIA GPUs — a reminder that large AI cloud customers are locking up massive GPU capacity, supporting continued data‑center spend. Anthropic Secures SpaceX Compute
- Positive Sentiment: Institutional buying continues: recent filings show asset managers (e.g., Fisher Asset Management, Antipodes) increasing NVDA exposure — an endorsement that helps sustain demand from large funds. Fisher Asset Management Boosts Nvidia Stake
- Positive Sentiment: Technical/market momentum: NVDA has cleared key resistance levels (around $200), drawing momentum traders and confirming bullish sentiment after the Corning news. Nvidia Stock Rises After Breaking Key Level
- Neutral Sentiment: CEO Jensen Huang’s public comments pushing back on AI “doomsday” job forecasts aim to calm macro fears around AI job losses — supportive for sentiment but not directly earnings‑moving. Jensen Huang Calls AI Doomers’ Prediction ‘Ridiculous’
- Neutral Sentiment: Broadening AI capex: analysts note the next AI phase benefits many infrastructure suppliers (pick‑and‑shovel names), which may redistribute upside away from a single concentrated winner. This suggests some rotational risk away from NVDA into suppliers. The Next Phase of the AI Boom
- Negative Sentiment: Valuation and relative performance concerns: some outlets highlight NVDA underperforming the broader semiconductor group recently and analysts remain divided — a reminder that lofty expectations and rotation can limit upside. Nvidia Stock Underperforms Semiconductor Sector
- Negative Sentiment: Competitive/strategy risk: moves by cloud players (e.g., Google selling TPUs) and discussions around alternative compute stacks introduce longer‑term competition that could cap market share or margin expectations for NVIDIA in some segments. Google Moves to Sell TPUs Directly
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.
Further Reading
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