NVIDIA (NASDAQ:NVDA) Stock Price Up 1.7% – What’s Next?

NVIDIA Corporation (NASDAQ:NVDA) shares were up 1.7% during trading on Friday . The stock traded as high as $217.80 and last traded at $215.1020. Approximately 134,289,176 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 171,051,688 shares. The stock had previously closed at $211.50.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a strategic partnership with IREN to deploy up to 5 gigawatts of AI infrastructure, and the deal gives NVIDIA the right to invest up to $2.1 billion in IREN, reinforcing its leadership in AI data center buildouts. NVIDIA to invest up to $2.1 billion in IREN as part of AI data center deal
• Positive Sentiment: New reports also highlight NVIDIA’s expanding ecosystem, including enterprise AI adoption gains and additional partnerships that suggest demand for its GPUs and infrastructure remains strong. NVIDIA Gains Another Enterprise AI Win As Adoption Continues To Expand
• Positive Sentiment: TSMC’s strong April sales added another bullish signal for NVIDIA, since the chipmaker is a key supplier and the data point supports the broader AI chip demand narrative. NVIDIA Supplier Taiwan Semiconductor Posts Strong April Sales
• Neutral Sentiment: Several articles frame NVIDIA as a long-term AI winner, but some also note the stock has lagged parts of the semiconductor sector recently, which may be tempering enthusiasm despite the strong fundamentals.
• Negative Sentiment: Bloomberg/Reuters reports that U.S. authorities suspect advanced NVIDIA chips were smuggled to China via Thailand, raising renewed export-control and geopolitical risk around the company’s China exposure. US suspects Nvidia chips smuggled to Alibaba via Thailand, Bloomberg News reports
• Negative Sentiment: Wall Street commentary says the AI chip trade is broadening beyond NVIDIA into Intel, AMD and memory names like Micron, suggesting some investors are rotating away from NVDA after its big run. Wall Street sees ‘changing of the guard in AI’ as Intel, AMD shares soar while Nvidia lags

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. The Goldman Sachs Group reiterated a “buy” rating on shares of NVIDIA in a report on Thursday. TD Cowen reiterated a “buy” rating and set a $235.00 target price on shares of NVIDIA in a report on Tuesday, March 17th. HSBC set a $310.00 target price on NVIDIA in a report on Tuesday, February 24th. Wedbush boosted their target price on NVIDIA from $230.00 to $300.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Finally, CICC Research boosted their target price on NVIDIA from $228.00 to $240.60 and gave the stock an “outperform” rating in a report on Friday, February 27th. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $275.25.

NVIDIA Stock Up 1.7%

The firm has a 50-day moving average of $187.59 and a 200 day moving average of $186.68. The stock has a market capitalization of $5.23 trillion, a price-to-earnings ratio of 43.90, a price-to-earnings-growth ratio of 0.68 and a beta of 2.25. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 EPS for the quarter, topping the consensus estimate of $1.54 by $0.08. The firm had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.NVIDIA’s revenue for the quarter was up 73.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 EPS. On average, sell-side analysts anticipate that NVIDIA Corporation will post 7.78 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is 0.82%.

Insider Activity

In related news, CFO Colette Kress sold 42,650 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the transaction, the chief financial officer directly owned 881,387 shares of the company’s stock, valued at approximately $154,145,772.43. The trade was a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director John Dabiri sold 3,004 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $184.90, for a total value of $555,439.60. Following the transaction, the director directly owned 14,788 shares in the company, valued at $2,734,301.20. This trade represents a 16.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 906,336 shares of company stock worth $162,802,518 in the last ninety days. 4.17% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On NVIDIA

A number of institutional investors have recently made changes to their positions in NVDA. Norges Bank acquired a new position in shares of NVIDIA in the 4th quarter valued at approximately $62,244,133,000. J. Stern & Co. LLP raised its position in shares of NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after purchasing an additional 124,849,603 shares in the last quarter. Cardano Risk Management B.V. raised its position in shares of NVIDIA by 896.4% in the 4th quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock valued at $14,570,119,000 after purchasing an additional 70,283,539 shares in the last quarter. Capital Research Global Investors raised its position in shares of NVIDIA by 16.1% in the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after purchasing an additional 22,896,705 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in shares of NVIDIA by 15,496.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock valued at $3,454,534,000 after purchasing an additional 21,725,326 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

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.