高盛集团重申对英伟达（NASDAQ:NVDA）的 “买入” 评级
The Goldman Sachs Group reaffirmed a "buy" rating for NVIDIA (NASDAQ: NVDA) and set a price target of $XXX, indicating an potential upside of 8.36%. Various analysts have varied opinions on the stock, with 39 holding a "buy" rating and a consensus rating of "Moderate Buy." NVIDIA's stock has shown significant growth, recently reporting a substantial year-over-year revenue increase of 262.1%. Insider sales have also been notable, with key executives selling shares. Overall, NVIDIA remains a popular stock in investment circles, with a strong market presence and substantial return on equity.
NVIDIA (NASDAQ:NVDA - Get Free Report)'s stock had its "buy" rating reissued by The Goldman Sachs Group in a report released on Monday, Briefing.com reports. They presently have a $135.00 price objective on the computer hardware maker's stock. The Goldman Sachs Group's price target would suggest a potential upside of 8.36% from the stock's current price.
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NVDA has been the topic of a number of other reports. DZ Bank downgraded shares of NVIDIA from a "buy" rating to a "hold" rating and set a $102.50 price target on the stock. in a report on Friday, May 24th. Melius Research increased their target price on shares of NVIDIA from $125.00 to $160.00 and gave the stock a "buy" rating in a research note on Friday, June 21st. Wolfe Research lifted their price target on NVIDIA from $120.00 to $125.00 and gave the company an "outperform" rating in a research note on Thursday, May 23rd. Wells Fargo & Company upped their price target on NVIDIA from $125.00 to $155.00 and gave the stock an "overweight" rating in a report on Tuesday, June 18th. Finally, Rosenblatt Securities raised their price objective on NVIDIA from $140.00 to $200.00 and gave the company a "buy" rating in a report on Tuesday, June 18th. Five research analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $131.31.
Check Out Our Latest Analysis on NVDA
NVIDIA Stock Performance
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NASDAQ NVDA opened at $124.58 on Monday. NVIDIA has a fifty-two week low of $39.23 and a fifty-two week high of $140.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.14 and a current ratio of 3.53. The firm has a market capitalization of $3.06 trillion, a P/E ratio of 72.85, a PEG ratio of 1.15 and a beta of 1.68. The stock has a 50-day simple moving average of $120.76 and a two-hundred day simple moving average of $99.61.
NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, May 22nd. The computer hardware maker reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.10. NVIDIA had a return on equity of 110.60% and a net margin of 53.40%. The company had revenue of $26.04 billion during the quarter, compared to analysts' expectations of $24.59 billion. During the same period last year, the business earned $0.09 earnings per share. NVIDIA's quarterly revenue was up 262.1% on a year-over-year basis. On average, equities analysts forecast that NVIDIA will post 2.53 earnings per share for the current year.
Insider Buying and Selling at NVIDIA
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In other NVIDIA news, Director Tench Coxe sold 100,000 shares of NVIDIA stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $1,194.57, for a total transaction of $119,457,000.00. Following the completion of the sale, the director now directly owns 2,967,136 shares in the company, valued at $3,544,451,651.52. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other NVIDIA news, Director Tench Coxe sold 100,000 shares of the company's stock in a transaction on Friday, June 7th. The stock was sold at an average price of $1,194.57, for a total transaction of $119,457,000.00. Following the transaction, the director now directly owns 2,967,136 shares in the company, valued at $3,544,451,651.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 120,000 shares of NVIDIA stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $135.87, for a total value of $16,304,400.00. Following the completion of the sale, the chief executive officer now directly owns 80,814,995 shares of the company's stock, valued at $10,980,333,370.65. The disclosure for this sale can be found here. Insiders have sold 4,320,723 shares of company stock valued at $631,994,141 over the last 90 days. 4.23% of the stock is owned by insiders.
Institutional Trading of NVIDIA
Hedge funds have recently made changes to their positions in the business. Baader Bank Aktiengesellschaft raised its stake in shares of NVIDIA by 34.9% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 44,214 shares of the computer hardware maker's stock valued at $21,896,000 after acquiring an additional 11,445 shares in the last quarter. Wealthspire Advisors LLC boosted its stake in shares of NVIDIA by 16.3% in the 4th quarter. Wealthspire Advisors LLC now owns 12,278 shares of the computer hardware maker's stock valued at $6,080,000 after buying an additional 1,724 shares during the period. Shared Vision Wealth Group LLC purchased a new position in shares of NVIDIA in the 4th quarter valued at about $269,000. Grand Alliance Asset Management Ltd purchased a new stake in shares of NVIDIA during the fourth quarter worth approximately $29,961,000. Finally, OMNI 360 Wealth Inc. acquired a new stake in NVIDIA in the fourth quarter valued at approximately $240,000. Institutional investors and hedge funds own 65.27% of the company's stock.
NVIDIA Company Profile
(Get Free Report)NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
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