NVIDIA (NASDAQ:NVDA) Stock Price Up 2.5% – Time to Buy?

NVIDIA Corporation (NASDAQ:NVDA) shares shot up 2.5% during trading on Thursday . The stock traded as high as $219.91 and last traded at $219.34. 92,301,833 shares changed hands during trading, a decline of 41% from the average session volume of 156,200,719 shares. The stock had previously closed at $213.90.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell twice as many chips next year as it does this year. The comments eased concerns about an AI-spending slowdown and support expectations for sustained data-center growth. Jensen Huang says Nvidia will sell twice as many chips next year
• Positive Sentiment: NVIDIA’s quantum-computing collaboration with IonQ, Oak Ridge National Laboratory and the University of Tennessee demonstrated an AI method that reduced quantum-circuit compilation from about 11 minutes to 28 seconds. The result strengthens NVIDIA’s CUDA-Q and accelerated-computing ecosystem beyond conventional AI workloads. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck
• Positive Sentiment: Reports that Apple is discussing NVIDIA’s high-speed networking technology for its planned AI servers highlight continued demand for NVIDIA’s networking products, even as major customers develop their own chips. Apple Is Quietly Building an AI Advantage Few Expected
• Neutral Sentiment: NVIDIA benefited from a third consecutive session of strength across semiconductor stocks, with AMD, Broadcom and the semiconductor ETF also advancing. The sector-wide move supports momentum but is less company-specific. Semiconductor Rebound Broadens
• Negative Sentiment: Huawei announced plans to launch two Ascend 960 AI chips in 2027, signaling intensifying competition and potential geopolitical pressure on NVIDIA’s access to China. Higher memory costs are also expected to weigh on NVIDIA’s gross margins as demand expands. Huawei Sets Two Ascend 960 AI Chip Launches for 2027

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research analyst reports. Sanford C. Bernstein restated an “outperform” rating and set a $400.00 target price (up from $315.00) on shares of NVIDIA in a research note on Thursday, August 27th. Mizuho set a $315.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 27th. Jefferies Financial Group reiterated a “buy” rating on shares of NVIDIA in a report on Wednesday, August 26th. China Renaissance lifted their price objective on NVIDIA from $319.00 to $330.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Finally, Rosenblatt Securities reissued a “buy” rating and set a $390.00 price target on shares of NVIDIA in a report on Friday, September 4th. Three research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $324.34.

NVIDIA Price Performance

The company has a 50-day moving average of $214.10 and a 200 day moving average of $203.86. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.29 trillion, a PE ratio of 27.74, a PEG ratio of 1.66 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter in the previous year, the company posted $1.05 EPS. The firm’s quarterly revenue was up 105.9% on a year-over-year basis. Sell-side analysts predict that NVIDIA Corporation will post 9.12 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

NVIDIA announced that its Board of Directors has initiated a share repurchase program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 622,239 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the transaction, the director owned 2,336,531 shares of the company’s stock, valued at $541,187,310.22. This represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Timothy S. Teter sold 30,000 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. This trade represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,700,740 shares of company stock worth $385,015,077 over the last ninety days. 3.94% of the stock is owned by insiders.

Institutional Investors Weigh In On NVIDIA

A number of institutional investors have recently modified their holdings of the company. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA in the 4th quarter valued at about $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA during the 1st quarter worth approximately $27,000. Montgomery Financial Services LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at $28,000. Langley Wealth Management LLC purchased a new stake in shares of NVIDIA in the second quarter valued at about $34,000. Finally, Phillip James Consulting Co. acquired a new stake in NVIDIA during the 1st quarter worth approximately $40,000. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.