NVIDIA (NASDAQ:NVDA) Price Target Raised to $352.00 at Raymond James Financial

NVIDIA (NASDAQ:NVDA) had its price objective upped by analysts at Raymond James Financial from $330.00 to $352.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “strong-buy” rating on the computer hardware maker’s stock. Raymond James Financial’s target price would indicate a potential upside of 68.84% from the company’s current price.

Several other brokerages have also recently commented on NVDA. Barclays reissued an “overweight” rating on shares of NVIDIA in a research note on Thursday, May 21st. Cantor Fitzgerald restated an “overweight” rating and set a $350.00 price target on shares of NVIDIA in a research note on Monday. New Street Research reduced their price objective on shares of NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. UBS Group reissued a “buy” rating on shares of NVIDIA in a research report on Friday, August 14th. Finally, Melius Research set a $400.00 price target on NVIDIA in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and a consensus target price of $308.46.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $208.48 on Tuesday. NVIDIA has a 12 month low of $164.07 and a 12 month high of $236.54. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The stock has a market cap of $5.05 trillion, a PE ratio of 31.93, a price-to-earnings-growth ratio of 0.42 and a beta of 2.23. The business has a fifty day simple moving average of $207.39 and a 200-day simple moving average of $199.81.

NVIDIA announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at NVIDIA

In other news, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Dabiri sold 625 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director owned 14,163 shares in the company, valued at approximately $3,030,882. The trade was a 4.23% 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 1,901,125 shares of company stock valued at $410,583,015 in the last 90 days. 3.94% of the stock is currently owned by insiders.

Institutional Trading of NVIDIA

A number of hedge funds have recently bought and sold shares of the stock. State Street Corp increased its position in shares of NVIDIA by 1.2% during the fourth quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock valued at $184,911,111,000 after purchasing an additional 11,451,386 shares during the period. Geode Capital Management LLC lifted its position in NVIDIA by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock worth $109,446,217,000 after purchasing an additional 3,383,441 shares during the period. Norges Bank acquired a new stake in NVIDIA during the fourth quarter worth $62,244,133,000. Bank of America Corp DE boosted 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 worth $39,090,956,000 after buying an additional 4,165,875 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in NVIDIA by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after buying an additional 2,609,560 shares during the period. 65.27% of the stock is owned by institutional investors.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street expects exceptional growth, with consensus estimates calling for approximately $92.2 billion in revenue—up about 95% year over year—and adjusted net income growth of roughly 99%. Analysts remain broadly bullish, including Rosenblatt, KeyBanc and Cantor Fitzgerald, which maintain price targets of $325, $330 and $350, respectively. Nvidia Stock Is a Screaming Buy Before Aug. 26, According to Wall Street
• Positive Sentiment: NVIDIA announced that its Groq 3 LPX inference accelerator is in full production. The Vera Rubin platform extension reportedly achieved 3,400 tokens per second in benchmarking, while Nebius plans to be the first AI cloud provider to deploy it. The launch strengthens NVIDIA’s position in fast-growing agentic AI inference workloads. NVIDIA Groq 3 LPX Now in Full Production With World-Class Speed for Agentic AI
• Positive Sentiment: SpaceXAI is adopting NVIDIA Vera CPUs for an AI satellite system targeted for launch in late 2027, providing another potential long-term customer and validating NVIDIA’s expansion beyond conventional data centers. SpaceXAI Adopts NVIDIA Vera CPU
• Neutral Sentiment: Options markets imply an unusually large post-earnings move of about 5.4%, equivalent to approximately $280 billion in market value. This reflects significant investor interest but also indicates elevated downside and upside risk. Nvidia shares set for $280 billion price swing after earnings
• Negative Sentiment: Investors are questioning whether AI spending is sustainable. NVIDIA’s investments, guarantees and financing commitments to AI companies could increase exposure to customer solvency and broader ecosystem risk, while repeated insider selling adds a cautionary signal. Nvidia Has Become a Banker to the AI Boom
• Negative Sentiment: Reported price increases exceeding 15% for systems using Blackwell and Rubin chips may support revenue and margins, but could strain customers and encourage alternatives. Taiwan has also indicted individuals, including NVIDIA employees, over alleged illegal exports of AI servers to China, highlighting regulatory and geopolitical risks. Taiwan indicts nine over alleged illegal export of AI servers to China

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.