NVIDIA (NASDAQ:NVDA) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of NVIDIA (NASDAQ:NVDA) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

A number of other brokerages have also recently issued reports on NVDA. China Renaissance upped their price objective on shares of NVIDIA from $319.00 to $330.00 and gave the stock a “buy” rating in a report on Monday, August 31st. TD Cowen restated a “buy” rating on shares of NVIDIA in a report on Tuesday, August 18th. Wedbush raised their target price on NVIDIA from $330.00 to $345.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $350.00 price target on shares of NVIDIA in a research report on Thursday, October 1st. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price target on shares of NVIDIA in a research report on Monday, August 24th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and a consensus price target of $321.89.

NVIDIA Stock Performance

NVDA stock opened at $226.32 on Friday. The firm has a 50 day moving average of $223.05 and a two-hundred day moving average of $210.02. NVIDIA has a 12 month low of $164.27 and a 12 month high of $243.37. The company has a market capitalization of $5.45 trillion, a price-to-earnings ratio of 28.61, a P/E/G ratio of 1.77 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. NVIDIA’s quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.05 EPS. As a group, equities analysts anticipate that NVIDIA will post 9.25 EPS for the current fiscal year.

NVIDIA declared that its board has authorized a stock repurchase program on Monday, September 28th that allows the company to repurchase $150.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Share buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA’s payout ratio is currently 12.64%.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the firm’s stock in a transaction that occurred 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 sale, the director owned 2,336,531 shares of the company’s stock, valued at $541,187,310.22. This trade represents a 21.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Timothy Teter sold 30,460 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. This trade represents a 1.12% 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 sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last 90 days. 3.94% of the stock is owned by company insiders.

Institutional Investors Weigh In On NVIDIA

Several hedge funds have recently modified their holdings of the business. State Street Corp lifted its stake in shares of NVIDIA by 1.6% in the second quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker’s stock valued at $202,047,568,000 after buying an additional 15,897,836 shares during the period. Bank of America Corp DE increased its stake in NVIDIA by 2.2% during the second quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker’s stock valued at $39,090,956,000 after acquiring an additional 4,165,875 shares during the period. Invesco Ltd. increased its stake in NVIDIA by 0.3% during the fourth quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker’s stock valued at $26,714,167,000 after acquiring an additional 446,178 shares during the period. J. Stern & Co. LLP raised its holdings 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 valued at $23,454,297,000 after acquiring an additional 124,849,603 shares in the last quarter. Finally, Amundi raised its holdings in NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock valued at $23,329,141,000 after acquiring an additional 12,575,177 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA and Cisco announced USFP, a next-generation optical module designed to support 400Gb/s-per-lane signals and up to 12.8Tb/s of capacity. The technology could help AI data centers scale bandwidth while reducing power use and network complexity. NVIDIA and Cisco announce USFP
• Positive Sentiment: Navitas Semiconductor is collaborating with NVIDIA on a 24-kilowatt power-delivery board for next-generation AI infrastructure. The single-stage design is intended to improve efficiency and reduce board space, reinforcing demand for NVIDIA-based AI factories. Navitas collaborates with NVIDIA
• Positive Sentiment: Bitdeer secured an eight-year agreement for a 60MW Malaysia facility designed for NVIDIA’s Vera Rubin systems, bringing its contracted AI data-center capacity to approximately 333.5MW. This provides another indication of long-term infrastructure demand. Bitdeer expands Malaysia AI campus
• Neutral Sentiment: NVIDIA is reportedly considering a larger investment in or acquisition of open-weight AI startup Reflection AI. The move could broaden NVIDIA’s software and model ecosystem, but discussions are preliminary and could fail to produce a deal. NVIDIA and Reflection AI talks
• Neutral Sentiment: Analysts and commentators remain divided: some argue triple-digit growth makes NVDA reasonably valued and see further upside, while others point to technical signs of a potential peak, a roughly $5.5 trillion valuation, and concentration risk in AI-related equities.
• Negative Sentiment: Microsoft said it plans to rely increasingly on its internally developed Maia chips for AI inference, potentially reducing its dependence on NVIDIA GPUs and intensifying competition from hyperscaler-designed silicon. Microsoft to rely more on Maia chips
• Negative Sentiment: Reports that OpenAI’s annualized revenue may be about $50 billion—below previously cited estimates—have raised questions about AI spending, infrastructure demand and the valuation of AI suppliers. Separately, Firmus’ canceled data-center IPO suggested financing conditions for AI infrastructure could be tightening.
• Negative Sentiment: Technical analysts warned that NVDA’s retreat from its record high could signal weakening momentum. Investor caution is also reflected in a reported $21 million options position betting the stock falls below $180 by January and continued insider selling, although these signals do not necessarily predict operating performance. Nvidia falls back from record high

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.