NVIDIA (NASDAQ:NVDA) Stock Price Target Lowered at Melius Research

NVIDIA (NASDAQ:NVDA) had its price objective reduced by equities research analysts at Melius Research from $420.00 to $315.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has a “buy” rating on the computer hardware maker’s stock. Melius Research‘s target price would indicate a potential upside of 53.93% from the stock’s previous close.

NVDA has been the subject of several other research reports. TD Cowen reaffirmed a “buy” rating on shares of NVIDIA in a research report on Tuesday, August 18th. Stifel Nicolaus set a $315.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. The Goldman Sachs Group restated a “buy” rating on shares of NVIDIA in a research note on Wednesday, October 21st. Oppenheimer set a $315.00 target price on shares of NVIDIA and gave the stock an “outperform” rating in a report on Thursday, August 27th. Finally, Royal Bank Of Canada upped their target price on shares of NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and an average price target of $319.45.

NVIDIA Stock Performance

NVIDIA stock opened at $204.64 on Monday. NVIDIA has a twelve month low of $164.27 and a twelve month high of $243.37. 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 company has a market capitalization of $4.93 trillion, a P/E ratio of 25.87, a PEG ratio of 1.57 and a beta of 2.21. The stock’s 50 day moving average is $221.74 and its 200 day moving average is $204.24.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The business had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter in the previous year, the business earned $1.05 earnings per share. The firm’s quarterly revenue was up 105.9% compared to the same quarter last year. On average, equities research analysts predict that NVIDIA will post 9.30 earnings per share for the current fiscal year.

NVIDIA announced that its board has approved a share repurchase program on Monday, September 28th that authorizes the company to repurchase $150 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Share repurchase programs are often an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the sale, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the transaction, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,766,118 shares of company stock worth $399,450,353. Insiders own 3.94% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Intelligent Financial Strategies bought a new stake in NVIDIA during the third quarter valued at approximately $26,000. Montgomery Financial Services LLC bought a new position in NVIDIA in the second quarter worth approximately $28,000. Newton One Investments LLC purchased a new position in shares of NVIDIA during the 3rd quarter worth $34,000. Phillip James Consulting Co. purchased a new position in shares of NVIDIA during the 1st quarter worth $40,000. Finally, Bard Associates Inc. boosted its stake in shares of NVIDIA by 8,866.7% during the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker’s stock worth $54,000 after acquiring an additional 266 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Investors continue to anticipate a strong fiscal third-quarter report, with NVIDIA guiding for approximately $108 billion in revenue and some analysts modeling revenue closer to $113 billion, gross margin near 74.5% and EPS of $2.60. Hyperscaler capital expenditures are expected to exceed $1 trillion next year, supporting demand for NVIDIA’s data-center GPUs. NVIDIA earnings outlook
• Positive Sentiment: SpaceX’s plans to build as much as 10 gigawatts of AI computing capacity in 2027 could create a substantial additional customer opportunity for NVIDIA. Broader forecasts calling for roughly $3 trillion of AI data-center infrastructure spending by 2030 reinforce the long-term growth case, although the estimates remain speculative. NVIDIA and SpaceX AI opportunity
• Positive Sentiment: Growing AI infrastructure spending tied to Alphabet and the planned Anthropic IPO is viewed as favorable for chip and data-center suppliers, potentially sustaining NVIDIA’s dominant position in AI computing. Anthropic IPO and AI infrastructure
• Neutral Sentiment: Reports that CEO Jensen Huang was allegedly targeted in a Chinese espionage operation are prompting renewed scrutiny of export controls and security vulnerabilities. The reports do not identify a direct operational impact, but they add regulatory and geopolitical risk around NVIDIA’s China business. Jensen Huang espionage report
• Negative Sentiment: A Wall Street veteran reportedly sold most of his NVIDIA position while warning that AI spending could slow. The move amplifies concerns that investor expectations and customer capital expenditures may be too aggressive. NVIDIA stake sale and AI spending warning
• Negative Sentiment: Technical analysts describe NVIDIA’s chart as damaged despite a recent rebound, warning that a break below key support could lead to further weakness. Separately, a preview flags $279 billion of supply commitments, rising receivables and inventory as signs that the formerly asset-light business is becoming more capital intensive. NVIDIA technical outlook NVIDIA balance-sheet risks

About NVIDIA

NVIDIA Corporation (NASDAQ: NVDA) is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company’s products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.