NVIDIA (NASDAQ:NVDA) Given Buy Rating at Needham & Company LLC

NVIDIA (NASDAQ:NVDA)‘s stock had its “buy” rating reaffirmed by analysts at Needham & Company LLC in a research note issued on Friday, Benzinga reports. They presently have a $300.00 price target on the computer hardware maker’s stock. Needham & Company LLC’s price target suggests a potential upside of 31.32% from the company’s current price.

A number of other research firms have also commented on NVDA. Argus increased their price target on NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. BMO Capital Markets set a $340.00 target price on shares of NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, August 20th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $300.00 target price (up from $285.00) on shares of NVIDIA in a report on Thursday, August 27th. Phillip Securities raised their price target on shares of NVIDIA from $285.00 to $300.00 and gave the company a “buy” rating in a research report on Monday. Finally, Itau BBA Securities cut their price target on shares of NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $324.83.

NVIDIA Stock Performance

Shares of NVDA opened at $228.45 on Friday. The firm has a market capitalization of $5.51 trillion, a P/E ratio of 28.88, a P/E/G ratio of 1.76 and a beta of 2.22. NVIDIA has a 52 week low of $164.07 and a 52 week high of $236.54. The stock has a 50 day moving average price of $209.85 and a two-hundred day moving average price of $201.85. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59.

NVIDIA (NASDAQ:NVDA) last posted its 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. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company’s revenue for the quarter was up 105.9% on a year-over-year basis. During the same quarter last year, the company earned $1.05 earnings per share. Equities analysts forecast that NVIDIA will post 9.1 earnings per share for the current fiscal year.

NVIDIA declared that its board has authorized a stock buyback plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 63,501 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $220.06, for a total value of $13,974,030.06. Following the completion of the sale, the director directly owned 4,558,770 shares of the company’s stock, valued at $1,003,202,926.20. This trade represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Timothy S. Teter sold 30,000 shares of NVIDIA stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. This trade represents a 1.10% 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 ninety days, insiders sold 1,563,501 shares of company stock worth $335,380,530. Insiders own 3.94% of the company’s stock.

Hedge Funds Weigh In On NVIDIA

Large investors have recently modified their holdings of the business. MLG Wealth Management DBA Pine Grove Financial Group boosted its holdings in shares of NVIDIA by 5.0% in the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 19,481 shares of the computer hardware maker’s stock worth $3,873,000 after acquiring an additional 929 shares during the period. Range Advisory LLC raised its stake in shares of NVIDIA by 44.7% during the 2nd quarter. Range Advisory LLC now owns 92,041 shares of the computer hardware maker’s stock valued at $18,416,000 after purchasing an additional 28,432 shares during the period. Brown Lisle Cummings Inc. lifted its holdings in NVIDIA by 3.5% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 31,140 shares of the computer hardware maker’s stock worth $6,231,000 after purchasing an additional 1,058 shares in the last quarter. Agur Provident & Training Funds Management Ltd. purchased a new stake in NVIDIA during the 2nd quarter worth about $15,161,000. Finally, Alternative Investment Advisors LLC. boosted its stake in NVIDIA by 1.8% in the 2nd quarter. Alternative Investment Advisors LLC. now owns 22,008 shares of the computer hardware maker’s stock worth $4,404,000 after purchasing an additional 383 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Hugging Face acquisition expands NVIDIA’s AI moat: NVIDIA agreed to acquire open-source AI platform Hugging Face for approximately $12.93 billion. The deal could strengthen CUDA adoption, retain developers and give NVIDIA greater influence over model development and deployment. NVIDIA agrees to buy Hugging Face
• Positive Sentiment: AI demand remains well above expectations: Management’s outlook for roughly 70% revenue growth in fiscal 2028 is substantially above the approximately 45% growth analysts had modeled. Reports of a roughly $2 trillion backlog among cloud customers further support expectations for sustained data-center spending. NVIDIA cloud customer backlog
• Positive Sentiment: Broader ecosystem investments are accelerating: NVIDIA’s equity investments reached $99 billion, spanning AI developers, cloud providers and infrastructure companies such as OpenAI, CoreWeave and Nebius. Its partnerships in inference, networking, MediaTek and robotics also broaden potential revenue streams beyond GPUs. NVIDIA AI investments reach $99 billion
• Positive Sentiment: Customer commentary validates infrastructure demand: Dell’s stronger results and guidance, along with a reported $6 billion GPU deployment opportunity tied to Figure Robotics, provided additional evidence that enterprise, cloud and robotics customers continue investing heavily in NVIDIA systems. NVIDIA gains confidence from expanding AI customers
• Neutral Sentiment: New product opportunities: Lenovo and Acer are expected to launch RTX Spark-powered AI PCs in October, while NVIDIA continues developing Vera server CPUs and inference products. These initiatives could diversify growth but require successful adoption. NVIDIA RTX Spark AI PC launch
• Negative Sentiment: Margin and policy risks remain: Rising memory and networking costs may pressure gross margins, while semiconductor tariffs could disrupt supply chains. Investors are also monitoring weaker operating cash flow and higher receivables, suggesting customers may be taking longer to pay. NVIDIA margin risks from memory costs
• Negative Sentiment: Insider selling and concentration risk: Executives and directors recently sold substantial holdings under planned transactions. NVIDIA’s enormous market capitalization and significant weighting in major indexes also leave the stock sensitive to profit-taking, interest rates and any slowdown in AI capital spending. NVIDIA insider selling

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.