NVIDIA (NASDAQ:NVDA) Shares Up 2% After Analyst Upgrade

Shares of NVIDIA Corporation (NASDAQ:NVDA) traded up 2% on Tuesday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $208.65 and last traded at $207.29. Approximately 107,158,935 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 165,739,688 shares. The stock had previously closed at $203.28.

Several other brokerages also recently commented on NVDA. Robert W. Baird set a $500.00 price target on NVIDIA and gave the company an “outperform” rating in a report on Thursday, May 21st. Bank of America restated a “buy” rating and issued a $350.00 price objective (up from $320.00) on shares of NVIDIA in a research note on Thursday, May 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $270.00 price objective on shares of NVIDIA in a report on Tuesday, June 2nd. Truist Financial raised their target price on shares of NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $255.00 target price (up from $220.00) on shares of NVIDIA in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $304.26.

Insider Transactions at NVIDIA

In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares of the company’s stock, valued at $3,030,882. This represents a 4.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last three months. 3.94% of the stock is currently owned by insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s 9.3% stake in Nebius underscores a strategic push into neocloud infrastructure, supporting future AI chip demand and signaling confidence in the AI buildout. Cementing the Sky: Why NVIDIA’s Bet on Nebius Matters (NVDA)
• Positive Sentiment: Analysts and media coverage continue to frame NVIDIA as a key beneficiary of AI spending, with bullish commentary around its Vera CPU strategy, networking products and next-generation chips. Nvidia highlights Vera CPU strategy as AI infrastructure debate evolves
• Positive Sentiment: NVIDIA is deepening its ecosystem with enterprise and government-related deals, including a donated AI supercomputer to the U.S. Navy postgraduate school and partnerships tied to advanced nuclear/AI research. Nvidia donates supercomputer to U.S. military university
• Neutral Sentiment: AMD is preparing to launch competing AI infrastructure products, adding competitive pressure, though investors are still comparing NVIDIA’s broader platform and cash generation favorably. AMD expected to launch next generation of AI infrastructure to challenge Nvidia
• Negative Sentiment: Reports that a Chinese AI firm may have accessed NVIDIA chips despite export restrictions keep geopolitical and regulatory risks in focus for the stock. Moonshot AI accessed Nvidia’s chips despite Chinese export ban, White House official says

Institutional Trading of NVIDIA

A number of institutional investors and hedge funds have recently modified their holdings of NVDA. Lifetime Wealth Management P.C. acquired a new position in NVIDIA in the fourth quarter worth about $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA in the 1st quarter worth approximately $27,000. Longfellow Investment Management Co. LLC lifted its position 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 buying an additional 67 shares during the period. Phillip James Consulting Co. acquired a new stake in NVIDIA in the 1st quarter valued at $40,000. Finally, Inspire Investing LLC bought a new stake in NVIDIA in the fourth quarter valued at $44,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The stock has a fifty day simple moving average of $208.76 and a 200-day simple moving average of $195.59. The company has a market capitalization of $5.13 trillion, a P/E ratio of 32.47, a PEG ratio of 0.40 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results 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. The firm had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm’s quarterly revenue was up 85.2% on a year-over-year basis. During the same period last year, the firm posted $0.81 EPS. Equities analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is presently 15.31%.

NVIDIA declared that its Board of Directors has initiated a stock buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

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.