NVIDIA (NASDAQ:NVDA) Shares Up 2.3% After Analyst Upgrade

NVIDIA Corporation (NASDAQ:NVDA) shares shot up 2.3% during trading on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $228.50 and last traded at $227.38. 108,653,817 shares were traded during trading, a decline of 30% from the average session volume of 156,133,750 shares. The stock had previously closed at $222.27.

Several other research analysts also recently weighed in on NVDA. Sanford C. Bernstein reiterated an “outperform” rating and issued a $400.00 price target (up from $315.00) on shares of NVIDIA in a research report on Thursday, August 27th. Wall Street Zen raised shares of NVIDIA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 29th. China Renaissance upped their price objective on NVIDIA from $319.00 to $330.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $315.00 target price on shares of NVIDIA in a report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. boosted their price target on NVIDIA from $280.00 to $320.00 and gave the company an “overweight” rating in a report on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $324.34.

Insider Buying and Selling at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of the business’s stock in a transaction dated 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Timothy 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 value of $6,536,400.00. Following the sale, the executive vice president owned 2,687,660 shares of the company’s stock, valued at $585,587,360.80. This represents a 1.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,735,658 shares of company stock valued at $392,663,865 over the last ninety days. 3.94% of the stock is currently owned by company insiders.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts remain optimistic about NVIDIA’s next growth cycle. One forecast places the stock at $310.20, citing the Vera Rubin production ramp, more than $500 billion in AI infrastructure spending mobilized through partners and continued expansion of AI computing demand. NVIDIA Stock Set for 40% Surge
• Positive Sentiment: Demand appears to be outpacing NVIDIA’s already-strong growth outlook. Management has indicated that processor demand could support a significant increase in fiscal 2028 sales, although manufacturing capacity may limit growth to roughly 70%. NVIDIA Demand and Growth Forecast
• Positive Sentiment: Quanome Technologies agreed to spend approximately $18.8 million on NVIDIA GPU-powered infrastructure for a planned U.S. AI cloud hub. The agreement provides another example of third-party demand for NVIDIA systems, though the project remains subject to funding, delivery and deployment. Quanome AI Infrastructure Hub
• Positive Sentiment: NVIDIA selected IonQ’s Superion 256 quantum system for installation at its quantum research center, where it will connect with NVIDIA’s GB200 NVL72 platform through NVQLink. The announcement reinforces NVIDIA’s positioning in emerging quantum-computing infrastructure. IonQ Superion 256 Selection
• Positive Sentiment: NVIDIA and Aolani plan to deploy 22,000 GPUs across more than 100 megawatts of AI-factory capacity in Malaysia and the Philippines, expanding the company’s Southeast Asian data-center footprint. NVIDIA Southeast Asia AI Factories
• Neutral Sentiment: NVIDIA received a Zacks upgrade to “Strong Buy,” while other commentary points to favorable earnings momentum and strong AI infrastructure exposure. These ratings are supportive but do not guarantee further gains.
• Negative Sentiment: Technical analysis cited a possible correction toward $135 by early January 2027, highlighting the stock’s elevated volatility and the risk of a sharp reversal after its extended rally. NVIDIA Technical Correction Forecast
• Negative Sentiment: A major individual shareholder reportedly sold nearly $1 billion of NVIDIA stock over several weeks. The selling could raise concerns about insider confidence, although it does not change the company’s operating outlook. NVIDIA Insider Trading Alert
• Negative Sentiment: AMD’s rapid growth, large OpenAI and Oracle commitments and expanding accelerator business indicate that hyperscalers are increasingly diversifying beyond NVIDIA. Higher rates, AI-financing concerns and possible Chinese competition remain additional risks.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. State Street Corp boosted its holdings in shares of NVIDIA by 1.6% in the 2nd quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker’s stock worth $202,047,568,000 after purchasing an additional 15,897,836 shares during the period. Bank of America Corp DE grew its stake in shares of 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 buying an additional 4,165,875 shares during the last quarter. Invesco Ltd. grew its stake in shares of 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 buying an additional 446,178 shares during the last quarter. J. Stern & Co. LLP raised its holdings in shares of 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 worth $23,454,297,000 after buying an additional 124,849,603 shares during the period. Finally, Amundi raised its holdings in shares of NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after buying an additional 12,575,177 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.49 trillion, a P/E ratio of 28.82, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22. The stock has a 50 day moving average of $215.47 and a 200-day moving average of $205.09.

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

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. NVIDIA’s dividend payout ratio is presently 12.64%.

About NVIDIA

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.