NVIDIA Stock Gets Higher EPS Forecast from Erste Group Bank

NVIDIA Corporation (NASDAQ:NVDA) – Equities researchers at Erste Group Bank boosted their FY2027 earnings per share estimates for NVIDIA in a research report issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the computer hardware maker will earn $9.25 per share for the year, up from their previous forecast of $9.24. The consensus estimate for NVIDIA’s current full-year earnings is $9.30 per share. Erste Group Bank also issued estimates for NVIDIA’s FY2028 earnings at $15.80 EPS.

NVDA has been the subject of a number of other reports. Melius Research set a $420.00 target price on NVIDIA in a research note on Thursday, August 27th. Benchmark reiterated a “buy” rating and set a $335.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. Wedbush boosted their target price on shares of NVIDIA from $330.00 to $345.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Piper Sandler started coverage on shares of NVIDIA in a research report on Wednesday, September 9th. They set an “overweight” rating and a $300.00 target price on the stock. Finally, DZ Bank reissued a “buy” rating on shares of NVIDIA in a research note on Wednesday, August 26th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, NVIDIA has an average rating of “Buy” and a consensus price target of $321.47.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $212.21 on Friday. NVIDIA has a 1 year low of $164.27 and a 1 year high of $243.37. The firm has a 50 day moving average of $222.86 and a 200-day moving average of $212.57. 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 $5.11 trillion, a P/E ratio of 26.83, a price-to-earnings-growth ratio of 1.71 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm’s quarterly revenue was up 105.9% on a year-over-year basis. During the same period last year, the firm posted $1.05 EPS.

NVIDIA announced that its Board of Directors has authorized a stock repurchase plan on Monday, September 28th that authorizes the company to repurchase $150.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Share repurchase plans are often an indication that the company’s board believes its stock is undervalued.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is currently 12.64%.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. This represents a 4.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the transaction, the executive vice president owned 2,687,660 shares of the company’s stock, valued at $598,810,648. The trade was a 1.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Insiders own 3.94% of the company’s stock.

Institutional Trading of NVIDIA

A number of institutional investors and hedge funds have recently made changes to their positions in the company. State Street Corp increased 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 position in NVIDIA by 2.2% in the 2nd 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. Amundi increased its position 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 during the period. Deutsche Bank AG increased its position in NVIDIA by 2.3% in the 2nd quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker’s stock valued at $18,399,108,000 after acquiring an additional 2,045,101 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of NVIDIA by 0.6% during the first quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock valued at $16,479,126,000 after acquiring an additional 555,221 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang’s visit to Kazakhstan highlighted the country’s potential to become an AI-computing hub serving Europe. NVIDIA and TCV also invested in an extension of Higgsfield’s Series B round, expanding NVIDIA’s ecosystem exposure. Nvidia’s Huang heads to Kazakhstan for the first time — and he’s not the only one with big plans
• Positive Sentiment: NVIDIA is working with inDrive and Pony.ai on planned 2027 robotaxi testing in Kazakhstan, offering another potential growth avenue for its autonomous-driving platform. Uber rival inDrive eyes 2027 robotaxi tests in Central Asia with Pony.ai and Nvidia
• Positive Sentiment: Recent GTC Berlin announcements—including modular DSX POD AI factories, new CPU products, agent-security software and industrial partnerships with Schneider Electric and HPE—reinforce NVIDIA’s expansion from GPU supplier into a full-stack AI infrastructure provider. The modular systems are designed to shorten data-center deployment timelines. Nvidia announces plug and play Vera Rubin racks that can be shipped on a truck
• Positive Sentiment: Jensen Huang said neocloud demand is “off the charts,” while reports of major customer capacity additions and strong supplier demand continue to validate the need for NVIDIA’s accelerated-computing products. Nvidia CEO Jensen Huang says neocloud demand is off the charts but capital is scarce
• Neutral Sentiment: Analysts and investors remain divided: bullish views point to NVIDIA’s platform expansion and sustained AI demand, while other commentary warns that the company’s roughly $5.1 trillion valuation leaves limited room for execution misses. Nvidia: Apex Arbiter Of Agentic And Physical Compute Economy
• Negative Sentiment: Chip stocks declined broadly as investors questioned whether hyperscalers and other AI customers can sustain enormous capital expenditures. Concerns about scarce financing, supply-chain constraints and rising rates are pressuring the broader AI trade. Nvidia, AMD and Micron fall sharply
• Negative Sentiment: One analysis warned that implied default risk has risen, adding to concerns around leverage and the financing structure supporting the AI buildout. NVIDIA’s upcoming earnings may also face elevated expectations, with the stock having initially declined after several recent quarterly reports despite strong longer-term performance. Nvidia: Equity Investors Are Ignoring The Surge In Implied Default Risk

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.