NVIDIA (NASDAQ:NVDA) Price Target Raised to $230.00 at Susquehanna

NVIDIA (NASDAQ:NVDA) had its target price upped by Susquehanna from $210.00 to $230.00 in a research note issued on Thursday, MarketBeat Ratings reports. The brokerage presently has a “positive” rating on the computer hardware maker’s stock. Susquehanna’s price objective suggests a potential upside of 22.92% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on NVDA. JPMorgan Chase & Co. reissued a “buy” rating and issued a $215.00 price target on shares of NVIDIA in a research report on Friday, September 19th. BNP Paribas raised NVIDIA to a “hold” rating in a report on Friday, August 1st. Loop Capital lifted their price target on NVIDIA from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Craig Hallum lifted their price objective on NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, UBS Group reissued a “buy” rating on shares of NVIDIA in a research note on Monday. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $237.74.

NVIDIA Stock Down 3.5%

NVIDIA stock traded down $6.69 during midday trading on Thursday, reaching $187.11. The company’s stock had a trading volume of 97,949,963 shares, compared to its average volume of 225,013,078. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $212.19. The company has a market cap of $4.55 trillion, a P/E ratio of 53.32, a P/E/G ratio of 1.49 and a beta of 2.11. The business has a 50-day simple moving average of $184.84 and a 200-day simple moving average of $164.84.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts expect that NVIDIA will post 2.77 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the transaction, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at approximately $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of the company’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the completion of the transaction, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. The trade was a 0.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 3,326,577 shares of company stock valued at $596,625,187. 4.17% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NVIDIA

Hedge funds and other institutional investors have recently modified their holdings of the stock. Harbor Asset Planning Inc. acquired a new stake in NVIDIA during the second quarter worth about $28,000. Winnow Wealth LLC acquired a new stake in NVIDIA during the second quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC boosted its stake in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new stake in NVIDIA during the 2nd quarter valued at $40,000. Finally, Sellwood Investment Partners LLC purchased a new stake in shares of NVIDIA in the third quarter worth approximately $50,000. Institutional investors own 65.27% of the company’s stock.

About NVIDIA

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.