NVIDIA (NASDAQ:NVDA) Stock Gets Price Target Trim from Melius Research

NVIDIA (NASDAQ:NVDA) had its price target reduced by stock analysts at Melius Research from $420.00 to $315.00 in a report released on Monday, Benzinga reports. The firm currently 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.

A number of other equities research analysts have also recently commented on the company. Wall Street Zen cut NVIDIA from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 24th. Phillip Securities upped their price target on NVIDIA from $285.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, August 31st. KGI Securities upped their target price on NVIDIA from $335.00 to $345.00 in a research note on Thursday, August 27th. The Goldman Sachs Group reissued a “buy” rating on shares of NVIDIA in a research note on Wednesday, October 21st. Finally, Benchmark reissued a “buy” rating and issued a $335.00 price target on shares of NVIDIA in a report on Thursday, August 27th. 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.com, the company currently has an average rating of “Buy” and a consensus target price of $319.45.

NVIDIA Stock Performance

NASDAQ NVDA opened at $204.64 on Monday. NVIDIA has a 1 year low of $164.27 and a 1 year high of $243.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The firm has a market cap of $4.93 trillion, a price-to-earnings ratio of 25.87, a PEG ratio of 1.57 and a beta of 2.21. The company has a fifty day moving average price of $221.74 and a 200-day moving average price of $204.24.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period last year, the firm earned $1.05 earnings per share. The firm’s revenue was up 105.9% on a year-over-year basis. As a group, equities research analysts predict that NVIDIA will post 9.30 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has initiated a share buyback plan on Monday, September 28th that allows the company to repurchase $150 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Share repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the transaction, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. Insiders own 3.94% of the company’s stock.

Institutional Investors Weigh In On NVIDIA

Several institutional investors have recently bought and sold shares of NVDA. Pathway Financial Advisers LLC boosted its position in shares of NVIDIA by 1.3% during the third quarter. Pathway Financial Advisers LLC now owns 25,581 shares of the computer hardware maker’s stock valued at $5,842,000 after purchasing an additional 329 shares in the last quarter. Arrien Investments Inc. bought a new stake in shares of NVIDIA during the 3rd quarter valued at $213,000. Guardian Wealth Management Inc. boosted its holdings in shares of NVIDIA by 63.0% during the 3rd quarter. Guardian Wealth Management Inc. now owns 4,490 shares of the computer hardware maker’s stock valued at $1,025,000 after buying an additional 1,736 shares in the last quarter. Sageworth Trust Co grew its position in shares of NVIDIA by 5.1% in the 3rd quarter. Sageworth Trust Co now owns 16,657 shares of the computer hardware maker’s stock worth $3,804,000 after buying an additional 813 shares during the period. Finally, Clear Point Advisors Inc. grew its position in shares of NVIDIA by 6.2% in the 3rd quarter. Clear Point Advisors Inc. now owns 4,073 shares of the computer hardware maker’s stock worth $930,000 after buying an additional 237 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA News Roundup

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.