NVIDIA (NASDAQ:NVDA) Price Target Raised to $307.00 at Truist Financial

NVIDIA (NASDAQ:NVDA) had its price objective boosted by stock analysts at Truist Financial from $287.00 to $307.00 in a note issued to investors on Thursday,MarketScreener reports. The brokerage presently has a “buy” rating on the computer hardware maker’s stock. Truist Financial’s price objective indicates a potential upside of 38.50% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on NVDA. William Blair set a $300.00 price target on NVIDIA in a research note on Thursday, March 12th. JPMorgan Chase & Co. upped their price objective on shares of NVIDIA from $265.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday. Stifel Nicolaus set a $282.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a research report on Thursday. Wolfe Research restated an “outperform” rating and set a $275.00 target price on shares of NVIDIA in a research note on Thursday. Finally, Wedbush lifted their target price on shares of NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $298.69.

NVIDIA Trading Down 0.8%

NVIDIA stock opened at $221.66 on Thursday. The stock has a 50-day simple moving average of $194.82 and a 200 day simple moving average of $188.75. The stock has a market capitalization of $5.37 trillion, a P/E ratio of 45.29, a PEG ratio of 0.69 and a beta of 2.25. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.24 and a current ratio of 3.91. NVIDIA has a 52 week low of $129.16 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The firm had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the prior year, the company earned $0.81 earnings per share. The business’s revenue for the quarter was up 85.2% compared to the same quarter last year. Analysts expect that NVIDIA will post 7.85 earnings per share for the current year.

NVIDIA announced that its board has authorized a stock repurchase 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 purchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other news, Director Aarti S. Shah sold 19,000 shares of the stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the completion of the sale, the director directly owned 36,007 shares in the company, valued at $6,362,796.97. This represents a 34.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ajay K. Puri sold 300,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the completion of the transaction, the executive vice president owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 906,336 shares of company stock worth $162,802,518. Corporate insiders own 4.17% of the company’s stock.

Institutional Investors Weigh In On NVIDIA

Several institutional investors and hedge funds have recently made changes to their positions in NVDA. Norges Bank bought a new position in NVIDIA during the fourth quarter worth $62,244,133,000. J. Stern & Co. LLP increased its stake in NVIDIA by 13,709.1% in the fourth 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. increased its stake in NVIDIA by 896.4% in the fourth 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 holdings in shares of NVIDIA by 16.1% during the third 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 during the period. Finally, Laurel Wealth Advisors LLC boosted its position in shares of NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after purchasing an additional 21,725,326 shares in the last quarter. 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 reported record fiscal Q1 revenue of $81.6 billion, up 85% year over year, with EPS of $1.87 beating estimates and data center revenue surging to $75.2 billion. Article Title
• Positive Sentiment: The company boosted shareholder returns by authorizing an additional $80 billion share buyback and raising its quarterly dividend from $0.01 to $0.25 per share, reinforcing confidence in cash generation. Article Title
• Positive Sentiment: Wedbush raised its price target to $330 and JPMorgan lifted its target to $280, signaling continued Wall Street confidence in NVIDIA’s AI-led growth story. Article Title
• Positive Sentiment: Several reports highlighted NVIDIA’s expanding AI roadmap, including Vera Rubin, Vera CPUs, and broader agentic AI positioning, which supports the case for another leg of growth. Article Title
• Neutral Sentiment: Despite the strong quarter, some coverage noted that the stock’s reaction was muted because investors remain focused on competition, China exposure, and whether AI spending can keep accelerating at the current pace. Article Title
• Neutral Sentiment: NVIDIA’s Q2 guidance of about $91 billion in revenue topped consensus, but management excluded China data center revenue, leaving some uncertainty around how much of the growth story can be realized there. Article Title

NVIDIA Company Profile

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.