CICC Research Raises NVIDIA (NASDAQ:NVDA) Price Target to $268.30

NVIDIA (NASDAQ:NVDA) had its price target raised by analysts at CICC Research from $240.60 to $268.30 in a report released on Friday,MarketScreener reports. The firm currently has an “outperform” rating on the computer hardware maker’s stock. CICC Research’s price target would indicate a potential upside of 22.23% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $315.00 target price (up from $265.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Argus raised their target price on NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a report on Thursday. Jefferies Financial Group reissued a “buy” rating and set a $300.00 price target (up from $275.00) on shares of NVIDIA in a research report on Thursday. Susquehanna reaffirmed a “positive” rating and issued a $275.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Finally, Citigroup began coverage on shares of NVIDIA in a research note on Wednesday, April 15th. They set a “buy” rating on the stock. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $303.27.

NVIDIA Trading Down 1.8%

Shares of NVDA stock opened at $219.51 on Friday. NVIDIA has a fifty-two week low of $129.16 and a fifty-two week high of $236.54. The firm’s 50 day moving average price is $195.51 and its two-hundred day moving average price is $188.87. The stock has a market cap of $5.32 trillion, a price-to-earnings ratio of 33.62, a price-to-earnings-growth ratio of 0.69 and a beta of 2.25. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 110.48%. The business had revenue of $81.62 billion for the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter last year, the firm posted $0.81 EPS. The business’s revenue for the quarter was up 85.2% compared to the same quarter last year. On average, analysts anticipate that NVIDIA will post 7.89 EPS for the current year.

NVIDIA declared that its Board of Directors has initiated a share buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase plans 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 20,000 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $3,497,800.00. Following the transaction, the chief financial officer directly owned 83,060 shares in the company, valued at $14,526,363.40. This represents a 19.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark A. Stevens sold 221,682 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the transaction, the director directly owned 7,399,771 shares of the company’s stock, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 906,336 shares of company stock valued at $162,802,518. Corporate insiders own 4.17% of the company’s stock.

Hedge Funds Weigh In On NVIDIA

Large investors have recently modified their holdings of the stock. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA in the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA during the first quarter worth $27,000. Longfellow Investment Management Co. LLC boosted its holdings in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after purchasing an additional 67 shares during the period. Phillip James Consulting Co. bought a new stake in NVIDIA during the first quarter valued at $40,000. Finally, Spurstone Advisory Services LLC bought a new stake in NVIDIA during the second quarter valued at $40,000. Institutional investors own 65.27% of the company’s stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA delivered another blowout quarter, beating earnings and revenue estimates and issuing strong Q2 guidance around $91 billion in sales. Reuters: Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback
• Positive Sentiment: The company announced an additional $80 billion share repurchase authorization and raised its quarterly dividend from $0.01 to $0.25, signaling aggressive capital returns and management confidence. GlobeNewswire: NVIDIA Announces Financial Results for First Quarter Fiscal 2027
• Positive Sentiment: Analysts largely turned more upbeat after the report, raising price targets and highlighting NVIDIA’s dominant position in AI infrastructure and attractive valuation. Benzinga: NVIDIA Lags AI Rivals Even As It Sits ‘At The Center Of All AI’
• Positive Sentiment: Several pieces pointed to broadening demand beyond hyperscalers, new products like Vera Rubin, and expansion into edge computing, robotics, and enterprise AI as signs of a bigger long-term growth runway. CNBC: What you might have missed in Nvidia’s earnings
• Neutral Sentiment: Despite the strong fundamentals, the stock reaction was muted because investors appear concerned about lofty expectations, competition from custom chips, and the fact that China revenue is still excluded from guidance. Barron’s: Why Nvidia Stock Is Barely Moving After Earnings
• Negative Sentiment: Some reports noted that NVIDIA’s strong earnings were not enough to overcome near-term worries about AI growth normalization and investor positioning after a huge run in the shares. CNBC: Data center revenue nearly doubles, report is strong but stock slides

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.