NVIDIA (NASDAQ:NVDA)‘s stock had its “buy” rating reiterated by research analysts at Mizuho in a report issued on Friday, MarketBeat Ratings reports. They presently have a $265.00 target price on the computer hardware maker’s stock, up from their previous target price of $240.00. Mizuho’s price objective indicates a potential upside of 14.18% from the company’s current price.

Other equities analysts have also recently issued research reports about the stock. BidaskClub raised shares of NVIDIA from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 11th. Susquehanna Bancshares reaffirmed a “neutral” rating and set a $200.00 price objective (up previously from $185.00) on shares of NVIDIA in a research note on Thursday. Citigroup boosted their price objective on shares of NVIDIA from $240.00 to $270.00 and gave the company a “buy” rating in a research note on Friday. Jefferies Group boosted their price objective on shares of NVIDIA from $15.50 to $300.00 and gave the company a “buy” rating in a research note on Friday. Finally, Zacks Investment Research raised shares of NVIDIA from a “hold” rating to a “buy” rating and set a $262.00 price objective for the company in a research note on Wednesday, January 24th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the company’s stock. NVIDIA has an average rating of “Buy” and an average target price of $210.67.

NVIDIA (NVDA) traded up $14.56 on Friday, hitting $232.08. 41,815,578 shares of the stock traded hands, compared to its average volume of 14,810,000. The stock has a market capitalization of $150,050.00, a P/E ratio of 48.05, a price-to-earnings-growth ratio of 4.53 and a beta of 1.43. The company has a debt-to-equity ratio of 0.31, a current ratio of 8.26 and a quick ratio of 7.42. NVIDIA has a 52-week low of $95.17 and a 52-week high of $249.27.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Thursday, February 8th. The computer hardware maker reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.56. The firm had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.67 billion. NVIDIA had a net margin of 31.36% and a return on equity of 47.44%. The company’s revenue was up 34.0% on a year-over-year basis. During the same quarter last year, the company earned $1.13 earnings per share. research analysts expect that NVIDIA will post 4.68 earnings per share for the current year.

In related news, Director Dawn E. Hudson sold 3,052 shares of the company’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $214.39, for a total transaction of $654,318.28. Following the completion of the sale, the director now directly owns 28,816 shares in the company, valued at approximately $6,177,862.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Persis Drell sold 606 shares of the company’s stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $197.07, for a total transaction of $119,424.42. Following the sale, the director now owns 26,104 shares of the company’s stock, valued at $5,144,315.28. The disclosure for this sale can be found here. Insiders have sold a total of 19,858 shares of company stock valued at $4,227,384 over the last quarter. 5.82% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the stock. Welch Investments LLC bought a new stake in NVIDIA during the 3rd quarter valued at $104,000. Country Trust Bank raised its holdings in NVIDIA by 490.0% during the 4th quarter. Country Trust Bank now owns 590 shares of the computer hardware maker’s stock valued at $114,000 after buying an additional 490 shares during the last quarter. Global Trust Asset Management LLC purchased a new position in NVIDIA during the 4th quarter valued at $116,000. North Star Investment Management Corp. increased its position in NVIDIA by 67.3% during the 4th quarter. North Star Investment Management Corp. now owns 634 shares of the computer hardware maker’s stock valued at $123,000 after purchasing an additional 255 shares during the period. Finally, Crewe Advisors LLC purchased a new position in NVIDIA during the 4th quarter valued at $148,000. Institutional investors own 62.84% of the company’s stock.

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NVIDIA Company Profile

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company’s operates through two segments: GPU and Tegra Processor. The Company’s GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

Analyst Recommendations for NVIDIA (NASDAQ:NVDA)

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