NVIDIA (NASDAQ:NVDA) Given “Overweight” Rating at Cantor Fitzgerald

NVIDIA (NASDAQ:NVDA)‘s stock had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald in a research report issued to clients and investors on Monday,Benzinga reports. They presently have a $350.00 price target on the computer hardware maker’s stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 62.98% from the stock’s current price.

A number of other equities analysts have also recently commented on NVDA. Wall Street Zen cut NVIDIA from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Wolfe Research reissued an “outperform” rating and set a $275.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. Royal Bank Of Canada reissued an “outperform” rating and issued a $300.00 price objective on shares of NVIDIA in a research note on Thursday. DA Davidson set a $335.00 price objective on shares of NVIDIA in a report on Friday. Finally, JPMorgan Chase & Co. increased their target price on shares of NVIDIA from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA currently has an average rating of “Buy” and a consensus target price of $308.01.

NVIDIA Trading Up 0.0%

Shares of NASDAQ NVDA opened at $214.75 on Monday. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $5.20 trillion, a PE ratio of 32.89, a PEG ratio of 0.42 and a beta of 2.23. NVIDIA has a twelve month low of $164.07 and a twelve month high of $236.54. The stock has a fifty day simple moving average of $207.47 and a 200-day simple moving average of $199.62.

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

Insider Transactions at NVIDIA

In related news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares in the company, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On NVIDIA

Institutional investors have recently modified their holdings of the company. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA during the fourth quarter worth approximately $26,000. Longview Financial Advisors Inc. purchased a new position in shares of NVIDIA in the 1st quarter valued at $27,000. Montgomery Financial Services LLC acquired a new stake in NVIDIA during the 2nd quarter worth $28,000. Longfellow Investment Management Co. LLC lifted its position in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares during the last quarter. Finally, Langley Wealth Management LLC acquired a new position in NVIDIA in the second quarter valued at $34,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street expects approximately $92 billion in quarterly revenue and strong year-over-year earnings growth. A beat accompanied by higher guidance—particularly for the next-generation Vera Rubin platform, China shipments, and networking—could revive the AI trade. Nvidia’s Earnings Will Test Wall Street’s Faith in the AI Boom
• Positive Sentiment: Analysts and commentators continue to highlight NVIDIA’s full-stack advantage across GPUs, networking, systems, and software. Data centers now generate more than 90% of revenue, underscoring the company’s exposure to continued hyperscaler and AI-factory investment. I’ve Covered Semiconductors for Years. Nvidia Is My No.
• Positive Sentiment: NVIDIA is reportedly discussing an investment in AI search startup Perplexity at a valuation above $30 billion. The potential deal could broaden NVIDIA’s strategic exposure to AI applications and reinforce its ecosystem. Nvidia discusses Perplexity investment
• Positive Sentiment: Reported price increases of more than 15% on some AI servers, along with continued data-center development partnerships, could support future revenue and pricing power, although higher costs may complicate the benefit. Nvidia customers notified about AI-related price hikes

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.