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Wedbush Securities Inc. decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 0.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 926,896 shares of the computer hardware maker’s stock after selling 6,414 shares during the period. NVIDIA comprises 4.8% of Wedbush Securities Inc.’s portfolio, making the stock its 3rd biggest holding. Wedbush Securities Inc.’s holdings in NVIDIA were worth $185,463,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in NVIDIA by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker’s stock worth $39,090,956,000 after acquiring an additional 4,165,875 shares during the last quarter. Invesco Ltd. increased its holdings in NVIDIA by 0.3% in the fourth quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker’s stock valued at $26,714,167,000 after purchasing an additional 446,178 shares during the last quarter. J. Stern & Co. LLP raised its position in shares of NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after acquiring an additional 124,849,603 shares during the period. Amundi boosted its position in shares of NVIDIA by 10.4% during the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after purchasing an additional 12,575,177 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in NVIDIA by 2.3% in the second quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker’s stock valued at $18,399,108,000 after acquiring an additional 2,045,101 shares during the period. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Trading Up 1.3% NVDA stock opened at $233.95 on Friday. NVIDIA Corporation has a one year low of $164.27 and a one year high of $237.88. The stock has a market cap of $5.64 trillion, a price-to-earnings ratio of 29.58, a price-to-earnings-growth ratio of 1.78 and a beta of 2.22. The company has a fifty day moving average price of $218.74 and a two-hundred day moving average price of $207.48. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85.

NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating the consensus estimate 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 net margin of 63.66% and a return on equity of 96.04%. The company’s revenue was up 105.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.05 earnings per share. Equities analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current year. NVIDIA Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a dividend of $0.25 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA’s payout ratio is currently 12.64%.

NVIDIA declared that its board has authorized a share buyback plan on Monday, September 28th that authorizes the company to buyback $150.00 billion in shares. This buyback authorization authorizes the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Key NVIDIA News Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Morgan Stanley named NVIDIA its top semiconductor pick, maintaining an Overweight rating and setting a $300 price target. The firm believes NVIDIA’s software ecosystem, scale and positioning across AI infrastructure trends give it a durable competitive moat. Morgan Stanley names NVIDIA a top pick Positive Sentiment: NVIDIA’s recently announced $150 billion buyback authorization lifts total remaining repurchase capacity to approximately $235 billion. Investors view the plan as a sign of management confidence and a potential source of per-share earnings support. NVIDIA buyback analysis Positive Sentiment: Analysts continue to raise expectations for hyperscaler spending, with Barclays estimating NVIDIA could generate $401 billion in hyperscaler revenue in 2027. CoreWeave’s launch of the Vera Rubin platform and additional enterprise customers also supports demand for NVIDIA’s next-generation systems. Barclays hyperscaler revenue estimate Neutral Sentiment: The broader semiconductor and technology complex is attracting buying interest as AI investment remains a major market leadership theme. However, NVIDIA’s valuation and substantial market concentration leave the stock sensitive to interest rates, economic data and shifts in institutional positioning. Negative Sentiment: Investors are monitoring reports that Amazon may move roughly $8 billion of NVIDIA chips off its balance sheet through leasing or financing structures. While this could improve customer flexibility, it adds scrutiny around AI infrastructure financing and so-called circular transactions. Amazon NVIDIA chip balance-sheet report Negative Sentiment: Export-control concerns remain a headline risk after prosecutors alleged a California man helped smuggle approximately $300 million of NVIDIA chips to China. Separately, Michael Burry warned that GPU depreciation could undermine the economics of the AI infrastructure boom, while Alphabet’s growing use of internally designed chips represents a longer-term competitive threat. NVIDIA chip smuggling prosecution Wall Street Analyst Weigh In Several equities research analysts recently commented on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $350.00 price objective on shares of NVIDIA in a research report on Thursday. BMO Capital Markets set a $340.00 price target on NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 20th. Melius Research set a $420.00 price objective on NVIDIA in a report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of NVIDIA in a research note on Monday, August 31st. Finally, Royal Bank Of Canada upped their price target on NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA has an average rating of “Buy” and an average price target of $320.71.

Check Out Our Latest Research Report on NVIDIA

Insider Transactions at NVIDIA In other NVIDIA news, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the transaction, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Company insiders own 3.94% of the company’s stock.

NVIDIA Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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Nvidia CEO Jensen Huang at the White House. Prosecutors charged a California man with helping to smuggle $300 million worth of Nvidia chips to China. Bloomberg/Getty Images A California man is facing federal charges for helping smuggle over $300 million worth of Nvidia semiconductor chips into China, prosecutors said this week.

Yiu Kong Lui, 38, of San Gabriel, Cali., was arrested on Thursday and is set to be arraigned in federal court and charged with violating export controls, smuggling, and money laundering, court records show.

It is illegal to export advanced semiconductor chips into China without a license, as the US competes with the East Asian giant in the AI race.

President Donald Trump drew criticism last year for allowing Nvidia to sell its chips to China, a departure from the previous US policy under President Joe Biden, which effectively blocked all exports of advanced chips to China.

Nvidia's chips are especially sought after for use in AI data centers because they can perform multiple calculations simultaneously, and because the company's software stack is widely compatible.

In a press release, US officials said Liu put US national security at risk by smuggling the chips.

"Controlling the export of advanced SI technology is critical to safeguarding our national security and defending the homeland, and the FBI will keep fighting for America's businesses and economic security," said Roman Rozhavsky, an assistant director of the FBI's counterintelligence and espionage division.

It was not immediately clear on Friday whether Liu was being represented by an attorney. According to court records, Lui has not yet pleaded guilty or not guilty to the charges.

In a 22-page indictment, prosecutors said Liu worked with several co-conspirators who operated shell companies to first get the chips to either Malaysia or Singapore, and then into China.

Prosecutors said a company owned by Liu served as a go-between for foreign shipping companies and US chip manufacturers, and that Liu lied to US companies, claiming the chips wouldn't end up in China.

The operation began in 2023 and continued until August, according to the indictment. Liu's company was paid over $180 million by Malaysian shipping companies to broker the chip deals, prosecutors said.

If convicted of all charges, Liu could serve a combined 50 years in prison.

"This case shows yet again that smuggling is a losing proposition — legally, economically and technically," an Nvidia spokesperson said in a statement. "Our work with law enforcement has led to prosecutions, and we will continue to engage with law enforcement."

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Truman Dickerson You're currently following this author! Click to unsubscribe from email alerts.

Truman Dickerson is the Weekend News Fellow at Business Insider, based in New York City. He covers trending tech and business news. He previously reported for The Boston Globe's Express Desk. He graduated from Boston University, where he served as editor in chief of The Daily Free Press, BU's student-run newspaper.Contact him at [email protected]

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Nvidia shares rose in premarket trading on Friday after Morgan Stanley reinstated the chipmaker as its top semiconductor pick.

The analysts said the company remains well positioned to benefit from the continued expansion of artificial intelligence infrastructure.

The NVDA stock was up 1.64% in premarket trading after Morgan Stanley analyst Joseph Moore said Nvidia was trading at a valuation that left room for further upside as earnings estimates continue to rise.

"We certainly see NVIDIA as well positioned, with a very undemanding valuation," Moore wrote following investor meetings with Nvidia CEO Jensen Huang, CFO Colette Kress and investor relations head Toshiya Hari in New York and Boston.

Nvidia currently trades at about 15 times Morgan Stanley’s fiscal 2028 earnings estimate, according to Moore.

He said the valuation multiple could expand if investor enthusiasm for artificial intelligence returns, although such an expansion is not necessary for the stock to perform well as earnings expectations increase.

The bank also sees a shift in the main constraint facing the AI industry.

Rather than chip production, the bottleneck is increasingly becoming the pace at which new data center capacity can be constructed and financed.

That shift could benefit Nvidia, given the breadth of its cloud customer base and its ability to supply customers in markets where power availability is less constrained.

Nvidia lists 80 cloud partners globally, with 55 located outside the US, giving the company flexibility as AI infrastructure investment spreads across regions.

Moore also highlighted the diversity of Nvidia’s customer base beyond the largest technology companies.

“While 90% of investor conversations are around the biggest hyperscalers and frontier model companies, half of the business - probably the faster growing half - is a broader range of AI model companies, Neoclouds, sovereign entities, ODMs and OEMs, and enterprise customers,” Moore wrote.

Morgan Stanley also pointed to Nvidia’s strategy of increasing the amount of revenue generated from each unit of power used by AI infrastructure.

Morgan Stanley estimates Nvidia's 2028 Feynman architecture could lift revenue per gigawatt from roughly $40 billion to well above $50 billion.

That could become increasingly important as data center operators face constraints around electricity generation, grid connections and available power.

Moore also expects the development of AI agents to increase demand for CPUs, but said the impact on GPU spending should be significantly larger.

Nvidia’s cash generation has provided another source of support for the shares in recent days.

The company recently authorized an additional record $150 billion for share repurchases, taking its remaining buyback authorization to $235 billion.

Nvidia expects to deploy that authorization through fiscal 2028.

Nvidia received another boost on Thursday after Barclays analyst Tom O’Malley raised the potential for the chipmaker’s hyperscaler revenue.

Using what he described as “napkin math” based on Nvidia’s latest disclosures on information technology spending by major cloud providers, O’Malley estimated that Nvidia could generate $237 billion in hyperscaler revenue in 2026 and $401 billion in 2027.

Those figures compare with Barclays’ existing estimates of $206 billion and $370 billion, respectively.

In an upside scenario, Barclays sees hyperscaler revenue reaching $246 billion in 2026 and $417 billion in 2027.

O’Malley estimates Nvidia’s share of IT capital spending among the five largest cloud providers could reach 44% in 2027.

Barclays maintains an ‘Overweight’ rating on Nvidia with a $275 price target, while Cantor Fitzgerald analyst C J Muse has a Buy rating and a $350 price target.

Meanwhile, Nvidia’s biggest customers are also looking at ways to manage the enormous capital requirements associated with AI infrastructure.

Amazon is seeking to transfer about $8 billion of Nvidia Grace Blackwell chips to outside investors through a new financing vehicle, according to the Financial Times report.

Amazon has reportedly held talks with investors about moving thousands of Grace Blackwell chips being installed in US data centers into a special-purpose vehicle.

The company would then lease the chips back from the vehicle, which would raise debt from outside investors.

The structure could allow Amazon to adopt a more asset-light approach by shifting ownership of the expensive semiconductors to investors while retaining access to the computing capacity.

Amazon plans to offer investors an equity stake of up to 10% in the vehicle, according to the report.

The proposed transaction highlights the scale of capital being committed to Nvidia’s AI infrastructure ecosystem, while also showing how cloud companies are exploring alternative financing structures as spending on advanced computing accelerates.

Two Sigma Securities LLC decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 61.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,849 shares of the computer hardware maker’s stock after selling 6,103 shares during the quarter. Two Sigma Securities LLC’s holdings in NVIDIA were worth $770,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. J. Stern & Co. LLP boosted its holdings in NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after purchasing an additional 124,849,603 shares during the last quarter. Jupiter Topco LLC acquired a new stake in shares of NVIDIA during the 2nd quarter worth approximately $16,156,076,000. Van ECK Associates Corp increased its holdings in shares of NVIDIA by 34.7% during the 2nd quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker’s stock worth $15,176,771,000 after buying an additional 19,522,304 shares during the last quarter. Amundi raised its position in shares of NVIDIA by 10.4% during the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock valued at $23,329,141,000 after buying an additional 12,575,177 shares during the period. Finally, SEB Asset Management AB purchased a new stake in shares of NVIDIA during the 1st quarter valued at approximately $1,692,807,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Up 0.5% Shares of NASDAQ NVDA opened at $228.38 on Thursday. The firm has a market cap of $5.50 trillion, a price-to-earnings ratio of 28.87, a PEG ratio of 1.76 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The business’s 50 day moving average is $217.76 and its two-hundred day moving average is $206.94.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same period last year, the business posted $1.05 earnings per share. The company’s quarterly revenue was up 105.9% on a year-over-year basis. Research analysts predict that NVIDIA Corporation will post 9.25 EPS for the current year. NVIDIA declared that its Board of Directors has approved a stock buyback plan on Monday, September 28th that allows the company to repurchase $150.00 billion in shares. This repurchase authorization allows the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

NVIDIA Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA’s dividend payout ratio is presently 12.64%.

Insider Activity at NVIDIA In related news, EVP Timothy Teter sold 30,460 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. This trade represents a 1.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,766,118 shares of company stock worth $399,450,353 in the last three months. 3.94% of the stock is owned by company insiders.

Analysts Set New Price Targets Several research analysts recently weighed in on NVDA shares. Oppenheimer set a $315.00 price objective on NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Benchmark restated a “buy” rating and issued a $335.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. KGI Securities upped their price target on NVIDIA from $335.00 to $345.00 in a research note on Thursday, August 27th. Daiwa Securities Group lowered their price target on NVIDIA from $255.00 to $245.00 and set an “outperform” rating for the company in a report on Thursday, September 17th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $315.00 price objective on shares of NVIDIA in a research report on Tuesday, August 11th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $324.14.

Read Our Latest Report on NVIDIA

Trending Headlines about NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA authorized an additional $150 billion for share repurchases, raising total remaining authorization to approximately $235 billion through fiscal 2028. The move signals management’s confidence in the company’s cash generation and suggests it views the stock as attractively valued. Stock Market Today, Sept. 30: Nvidia Authorizes $150B Buyback, Lifting Total to $235B Positive Sentiment: The latest bullish case centers on sustained AI spending. NVIDIA’s data-center revenue reportedly surged 117% year over year to $89 billion, while management continues to forecast substantial growth despite the company’s enormous scale. Analysts cited valuation, hyperscaler capital expenditures and the company’s full-stack AI platform as potential upside drivers. Nvidia’s Demand Outlook Still Supports The Bull Case Positive Sentiment: Political and regulatory developments were also favorable. President Donald Trump reportedly supported industry self-regulation at a White House AI meeting attended by CEO Jensen Huang, reducing near-term concerns that stricter rules could slow AI deployment. NVIDIA’s new AI safety platform could further support demand for inference, monitoring and networking infrastructure. Nvidia Was the Big Winner of Trump’s AI Lunch, Here’s Why Positive Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its reach into open-source models, developer tools, datasets and AI distribution. The company is also investing in AI infrastructure partners, reinforcing its broader ecosystem strategy beyond GPUs. Nvidia just spent nearly $13 billion on something other than GPUs Neutral Sentiment: Softer-than-expected inflation helped support growth-oriented technology shares by reducing immediate expectations for additional Federal Reserve rate increases. However, higher interest rates remain a key valuation risk for AI-linked stocks. Why is Nvidia stock rising on Wednesday? Negative Sentiment: Risks remain around an AI spending slowdown, particularly if hyperscalers reduce capital expenditures. DeepSeek’s work with Huawei on software for alternative AI chips could also challenge NVIDIA’s software moat, while rising memory and networking costs may pressure gross margins. Investor Michael Burry’s reported bearish options position adds to skepticism, although it has not changed the company’s fundamental outlook. If AI Capex Cracks, Nvidia Could Feel It Before Meta Does NVIDIA Company Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

Featured Articles Five stocks we like better than NVIDIA Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors? O’Reilly Automotive’s Stock Slump Hides a Stronger Business McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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Texas Capital Bank Wealth Management Services Inc lowered its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 7.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 739,865 shares of the computer hardware maker’s stock after selling 56,739 shares during the quarter. NVIDIA comprises 7.9% of Texas Capital Bank Wealth Management Services Inc’s investment portfolio, making the stock its 3rd biggest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in NVIDIA were worth $148,040,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. LightSquare Wealth Management LLC raised its holdings in NVIDIA by 0.3% during the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock worth $3,741,000 after purchasing an additional 49 shares in the last quarter. Defender Capital LLC. lifted its position in shares of NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock worth $1,507,000 after buying an additional 50 shares during the last quarter. Kooman & Associates boosted its holdings in shares of NVIDIA by 0.6% in the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock valued at $1,694,000 after buying an additional 50 shares in the last quarter. Roof Eidam Maycock Peralta LLC boosted its holdings in shares of NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock valued at $3,767,000 after buying an additional 50 shares in the last quarter. Finally, Persium Advisors LLC grew its position in shares of NVIDIA by 3.5% in the 2nd quarter. Persium Advisors LLC now owns 1,466 shares of the computer hardware maker’s stock valued at $293,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Transactions at NVIDIA In other news, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president owned 2,687,660 shares of the company’s stock, valued at $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the business’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the transaction, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. 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 quarter, insiders sold 1,766,118 shares of company stock worth $399,450,353. Company insiders own 3.94% of the company’s stock.

NVIDIA Trading Up 0.5% Shares of NVDA stock opened at $228.38 on Thursday. The company has a market capitalization of $5.50 trillion, a P/E ratio of 28.87, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average is $217.76 and its two-hundred day moving average is $206.94. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $236.54. NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter in the prior year, the business earned $1.05 earnings per share. The company’s quarterly revenue was up 105.9% compared to the same quarter last year. Equities analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA announced that its board has approved a share repurchase plan on Monday, September 28th that allows the company to repurchase $150.00 billion in shares. This repurchase authorization allows the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

NVIDIA Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA’s dividend payout ratio is presently 12.64%.

Key Stories Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA authorized an additional $150 billion for share repurchases, raising total remaining authorization to approximately $235 billion through fiscal 2028. The move signals management’s confidence in the company’s cash generation and suggests it views the stock as attractively valued. Stock Market Today, Sept. 30: Nvidia Authorizes $150B Buyback, Lifting Total to $235B Positive Sentiment: The latest bullish case centers on sustained AI spending. NVIDIA’s data-center revenue reportedly surged 117% year over year to $89 billion, while management continues to forecast substantial growth despite the company’s enormous scale. Analysts cited valuation, hyperscaler capital expenditures and the company’s full-stack AI platform as potential upside drivers. Nvidia’s Demand Outlook Still Supports The Bull Case Positive Sentiment: Political and regulatory developments were also favorable. President Donald Trump reportedly supported industry self-regulation at a White House AI meeting attended by CEO Jensen Huang, reducing near-term concerns that stricter rules could slow AI deployment. NVIDIA’s new AI safety platform could further support demand for inference, monitoring and networking infrastructure. Nvidia Was the Big Winner of Trump’s AI Lunch, Here’s Why Positive Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its reach into open-source models, developer tools, datasets and AI distribution. The company is also investing in AI infrastructure partners, reinforcing its broader ecosystem strategy beyond GPUs. Nvidia just spent nearly $13 billion on something other than GPUs Neutral Sentiment: Softer-than-expected inflation helped support growth-oriented technology shares by reducing immediate expectations for additional Federal Reserve rate increases. However, higher interest rates remain a key valuation risk for AI-linked stocks. Why is Nvidia stock rising on Wednesday? Negative Sentiment: Risks remain around an AI spending slowdown, particularly if hyperscalers reduce capital expenditures. DeepSeek’s work with Huawei on software for alternative AI chips could also challenge NVIDIA’s software moat, while rising memory and networking costs may pressure gross margins. Investor Michael Burry’s reported bearish options position adds to skepticism, although it has not changed the company’s fundamental outlook. If AI Capex Cracks, Nvidia Could Feel It Before Meta Does Wall Street Analysts Forecast Growth NVDA has been the topic of several research analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $390.00 price target on shares of NVIDIA in a research report on Tuesday. Jefferies Financial Group reissued a “buy” rating on shares of NVIDIA in a report on Wednesday, August 26th. TD Cowen reaffirmed a “buy” rating on shares of NVIDIA in a report on Tuesday, August 18th. JPMorgan Chase & Co. upped their price target on shares of NVIDIA from $280.00 to $320.00 and gave the company an “overweight” rating in a research report on Thursday, August 27th. Finally, Oppenheimer set a $315.00 price target on shares of NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Four analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $324.14.

Get Our Latest Research Report on NVDA

NVIDIA Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

Recommended Stories Five stocks we like better than NVIDIA Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors? O’Reilly Automotive’s Stock Slump Hides a Stronger Business McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test

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Tiemann Investment Advisors LLC lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 7.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,730 shares of the computer hardware maker’s stock after selling 2,810 shares during the quarter. NVIDIA comprises 2.6% of Tiemann Investment Advisors LLC’s holdings, making the stock its 6th biggest position. Tiemann Investment Advisors LLC’s holdings in NVIDIA were worth $7,149,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Boyd Wealth Management LLC grew its position in NVIDIA by 273.4% during the second quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker’s stock worth $1,830,000 after buying an additional 6,696 shares in the last quarter. Altshuler Shaham Ltd increased its stake in NVIDIA by 6,451.9% during the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker’s stock worth $111,134,000 after acquiring an additional 627,510 shares during the period. Storen Legacy Partners LLC acquired a new position in NVIDIA in the 4th quarter valued at $1,350,000. Baker Tilly Wealth Management LLC raised its holdings in NVIDIA by 7.4% in the 2nd quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker’s stock valued at $14,386,000 after acquiring an additional 4,958 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of NVIDIA by 3.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker’s stock valued at $4,970,704,000 after acquiring an additional 936,506 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance NASDAQ:NVDA opened at $228.38 on Thursday. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $236.54. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The stock’s 50-day simple moving average is $217.76 and its 200 day simple moving average is $206.94. The firm has a market capitalization of $5.50 trillion, a PE ratio of 28.87, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business’s quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.05 earnings per share. On average, analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current fiscal year. NVIDIA Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA’s payout ratio is 12.64%.

NVIDIA declared that its Board of Directors has initiated a share repurchase program on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In NVDA has been the topic of a number of recent analyst reports. Melius Research set a $420.00 price target on NVIDIA in a research report on Thursday, August 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $350.00 price objective on shares of NVIDIA in a research report on Monday, August 24th. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a research note on Wednesday, August 26th. Evercore set a $465.00 target price on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 27th. Finally, UBS Group set a $300.00 target price on shares of NVIDIA and gave the company a “buy” rating in a research report on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, NVIDIA has an average rating of “Buy” and an average price target of $324.14.

Read Our Latest Analysis on NVIDIA

Insider Buying and Selling In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Timothy S. Teter sold 30,460 shares of the company’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the transaction, the executive vice president owned 2,687,660 shares of the company’s stock, valued at $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. 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. Insiders sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last three months. 3.94% of the stock is owned by corporate insiders.

Key Stories Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA authorized an additional $150 billion for share repurchases, raising total remaining authorization to approximately $235 billion through fiscal 2028. The move signals management’s confidence in the company’s cash generation and suggests it views the stock as attractively valued. Stock Market Today, Sept. 30: Nvidia Authorizes $150B Buyback, Lifting Total to $235B Positive Sentiment: The latest bullish case centers on sustained AI spending. NVIDIA’s data-center revenue reportedly surged 117% year over year to $89 billion, while management continues to forecast substantial growth despite the company’s enormous scale. Analysts cited valuation, hyperscaler capital expenditures and the company’s full-stack AI platform as potential upside drivers. Nvidia’s Demand Outlook Still Supports The Bull Case Positive Sentiment: Political and regulatory developments were also favorable. President Donald Trump reportedly supported industry self-regulation at a White House AI meeting attended by CEO Jensen Huang, reducing near-term concerns that stricter rules could slow AI deployment. NVIDIA’s new AI safety platform could further support demand for inference, monitoring and networking infrastructure. Nvidia Was the Big Winner of Trump’s AI Lunch, Here’s Why Positive Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its reach into open-source models, developer tools, datasets and AI distribution. The company is also investing in AI infrastructure partners, reinforcing its broader ecosystem strategy beyond GPUs. Nvidia just spent nearly $13 billion on something other than GPUs Neutral Sentiment: Softer-than-expected inflation helped support growth-oriented technology shares by reducing immediate expectations for additional Federal Reserve rate increases. However, higher interest rates remain a key valuation risk for AI-linked stocks. Why is Nvidia stock rising on Wednesday? Negative Sentiment: Risks remain around an AI spending slowdown, particularly if hyperscalers reduce capital expenditures. DeepSeek’s work with Huawei on software for alternative AI chips could also challenge NVIDIA’s software moat, while rising memory and networking costs may pressure gross margins. Investor Michael Burry’s reported bearish options position adds to skepticism, although it has not changed the company’s fundamental outlook. If AI Capex Cracks, Nvidia Could Feel It Before Meta Does About NVIDIA (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

Recommended Stories Five stocks we like better than NVIDIA Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors? O’Reilly Automotive’s Stock Slump Hides a Stronger Business McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test

Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.

Nvidia's mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infrastructure around them are worth. The answer for banks and investors seems to be: Not as much as Nvidia thinks.

Some lenders want higher guarantees than the company had originally outlined, even for Nvidia's industry-leading AI processing power, ​as they try to calculate how long the revenue from its chips will last, banking sources and credit managers told Reuters, some requesting anonymity.

The chips, which provide the critical processing power known as "compute", are at the center of a potential mismatch in views ‌between Nvidia and a more cautious Wall Street, raising potential future financing headaches for AI companies seeking to tap deep new pools of capital.

The bankers and asset managers said they have some doubts that the chips can act as long-term collateral as Nvidia says, and therefore want more guarantees from the company on its $500-billion financing plan that relies on chip-backed loans.

Already, sources told Reuters, deals in the pipeline likely offer investors more certainty including stronger guarantees.

"Wall Street is much more conservative," Tony Trzcinka, a senior portfolio manager at Impax Asset Management, said of Nvidia's claim that its most specialized chips can earn revenues for a decade.

In a statement, an Nvidia spokesperson said that its "AI compute is a productive, durable and fungible asset that can support ​long-term financing. Our financing partners independently assess each opportunity, including customer commitments, expected cash flow and residual value."

"Financing structures will vary as this market develops," the spokesperson added.

QUESTIONS OVER PLAN
The questions over Nvidia's financing plan come as companies and investors are pouring hundreds of billions of dollars ​into data centers, chips and power capacity to support the broader AI boom, which is driving US economic growth. That has increased scrutiny of the more complex deals, and assumptions about the longer-term value of computing hardware.

Some have ⁠questioned the use of private credit, vendor financing and circular deals, the last two of which played a role during the dot-com boom and bust more than 25 years ago, Morningstar analysts said in a recent note.

Nvidia's plan, announced with financiers including Blackstone, Apollo and KKR in August, had envisioned using chips as ​collateral with limited guarantee in order to allow AI developers a way to facilitate their access to Nvidia's compute. The strategy was seen as an expensive but necessary way to create a financing market similar to that used in the leasing of aircraft.

Nvidia has said that some of the deals could have no ​more than a 25% residual value guarantee, saying the initiative is designed to address concerns around circular financing.

This was seen as offering less support than other recent AI financing deals, raising expectations among some on Wall Street that Nvidia would need to get more creative.

Three banking sources, who were familiar with the matter but not part of the original financing group, said Nvidia may need to offer guarantees on all of its deals, or they may have to be backed by a revenue stream from investment-grade customers such as a technology firm to cover the debt.

For now, they told Reuters, the market is not ready to treat the chip-maker's compute as an investment-worthy asset akin to aircraft.

MORE CERTAINTY
Nvidia is seeking to ease ​these concerns, the sources added, giving details that had not previously been reported.

Tens of billions of dollars of loan deals in the pipeline are likely to have strong guarantees and contracts, one source said. A second source said that some structures being explored would potentially give lenders guarantees.

These initial deals will give ​AI developers access to the company's compute, and they are secured by Nvidia's own chips and will be backed by customer contracts and by Nvidia's underlying guarantee, said the first source.

Despite the concerns over guarantees, there remains high demand to finance the deals, the sources said.

The Nvidia spokesperson did not directly address Reuters' questions about potentially expanded guarantees.

Chief ‌Executive Jensen Huang has ⁠said he aimed to make Nvidia's compute "an investable infrastructure asset", as opposed to the typical system of customers buying subscription contracts to AI firms in order to get access to the compute.

Huang said in a blog post in August that the $500-billion initiative was designed to address concerns about circular financing, or when a company helps finance purchases of its own products. It brings independent institutional capital into the AI infrastructure market, while Nvidia's financial partners raise money from investors to support loans, he said.

A third banking source said that lenders and private capital are expected to play a role in this funding.

Five of the company's six financial partners declined to comment for this article, while Apollo did not respond to a request for comment.

CHIP LIFE
The CEO addressed some skepticism when he said in the post that Nvidia's graphics processing units, or GPUs -- specialized chips whose compute is used to train and run AI models -- have a useful life of up to a decade.

Some ​credit investors and bankers see a more modest lifespan of chips generating revenue.

"Nvidia ​would imply that the GPUs work well north of five years, ⁠and that actually has been proven to be true thus far," said Andrew Chang, a director at S&P Global Ratings. Yet "we take a conservative view of the value of those chips," he said.

The first banking source said that part of the divergence in views with the company is that there still isn't enough historical data for lenders to confidently underwrite long-term residual value based on GPUs.

"Banks typically underwrite GPUs over a 3-4 year depreciation schedule," said Trzcinka of Impax.

"That is ​different than Nvidia which argues top-tier GPUs can earn revenue for a decade," he said, adding investors are likely to seek higher interest rates, bigger financial cushions and stronger repayment protections before backing loans secured by AI ​chips.

"As investors, you're going to be a ⁠lot pickier about the levels that you need to get compensated for to take incremental risk," said Loren Moran, fixed income portfolio manager at Wellington Management, with $1.3 trillion in assets under management.

Nvidia pointed to several third-party studies that showed major cloud companies extending the depreciation periods for servers up to five to six years, from three to four.

It also pointed to a finding from Barkr, a firm that provides valuations for AI collateral such as GPUs, that the company's most recent GB300 NVL72 systems could have a useful life of 9 to 10 years.

CHIP-BACKED LOANS
Some companies have tested the market with chip-backed loans, but, unlike Nvidia's, these deals were backed by revenue from a ⁠technology firm to ​support debt payments.

CoreWeave, in which Nvidia has a stake, closed an $8.5-billion facility in the first investment grade GPU-backed loan earlier this year. The loan is rated A3 largely because lenders rely on Meta's ​contractual payments, which are viewed as highly dependable.

Separately, Broadcom, an Nvidia rival that is helping finance AI computing capacity for Anthropic, backstopped more than 80% of a $35-billion financing structure, helping to attract debt investors.

Nvidia itself previously provided a residual-value guarantee to support financing for SB Energy's Ohio data-center project, according to S&P and Moody's.

"The precedent transactions so far would suggest that the creditor community does ​not subscribe to long average lives for these assets," said Brian Gelfand, co-head of global credit at TCW, which manages more than $200 billion.

MidFirst Bank increased its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 356,324 shares of the computer hardware maker’s stock after acquiring an additional 4,963 shares during the period. NVIDIA comprises approximately 5.1% of MidFirst Bank’s portfolio, making the stock its 2nd biggest holding. MidFirst Bank’s holdings in NVIDIA were worth $71,297,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of NVDA. Boyd Wealth Management LLC grew its position in shares of NVIDIA by 273.4% during the 2nd quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker’s stock valued at $1,830,000 after acquiring an additional 6,696 shares during the period. Altshuler Shaham Ltd raised its holdings in shares of NVIDIA by 6,451.9% in the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker’s stock worth $111,134,000 after purchasing an additional 627,510 shares during the period. Storen Legacy Partners LLC purchased a new position in NVIDIA in the fourth quarter valued at approximately $1,350,000. Baker Tilly Wealth Management LLC grew its holdings in NVIDIA by 7.4% during the second quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker’s stock valued at $14,386,000 after purchasing an additional 4,958 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in NVIDIA by 3.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker’s stock worth $4,970,704,000 after buying an additional 936,506 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA authorized an additional $150 billion for share repurchases, raising total remaining authorization to approximately $235 billion through fiscal 2028. The move signals management’s confidence in the company’s cash generation and suggests it views the stock as attractively valued. Stock Market Today, Sept. 30: Nvidia Authorizes $150B Buyback, Lifting Total to $235B Positive Sentiment: The latest bullish case centers on sustained AI spending. NVIDIA’s data-center revenue reportedly surged 117% year over year to $89 billion, while management continues to forecast substantial growth despite the company’s enormous scale. Analysts cited valuation, hyperscaler capital expenditures and the company’s full-stack AI platform as potential upside drivers. Nvidia’s Demand Outlook Still Supports The Bull Case Positive Sentiment: Political and regulatory developments were also favorable. President Donald Trump reportedly supported industry self-regulation at a White House AI meeting attended by CEO Jensen Huang, reducing near-term concerns that stricter rules could slow AI deployment. NVIDIA’s new AI safety platform could further support demand for inference, monitoring and networking infrastructure. Nvidia Was the Big Winner of Trump’s AI Lunch, Here’s Why Positive Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its reach into open-source models, developer tools, datasets and AI distribution. The company is also investing in AI infrastructure partners, reinforcing its broader ecosystem strategy beyond GPUs. Nvidia just spent nearly $13 billion on something other than GPUs Neutral Sentiment: Softer-than-expected inflation helped support growth-oriented technology shares by reducing immediate expectations for additional Federal Reserve rate increases. However, higher interest rates remain a key valuation risk for AI-linked stocks. Why is Nvidia stock rising on Wednesday? Negative Sentiment: Risks remain around an AI spending slowdown, particularly if hyperscalers reduce capital expenditures. DeepSeek’s work with Huawei on software for alternative AI chips could also challenge NVIDIA’s software moat, while rising memory and networking costs may pressure gross margins. Investor Michael Burry’s reported bearish options position adds to skepticism, although it has not changed the company’s fundamental outlook. If AI Capex Cracks, Nvidia Could Feel It Before Meta Does Insiders Place Their Bets In other news, CFO Colette Kress sold 34,918 shares of the company’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the transaction, the chief financial officer owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the sale, the executive vice president owned 2,687,660 shares in the company, valued at $598,810,648. This trade represents a 1.12% 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. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 in the last three months. 3.94% of the stock is currently owned by corporate insiders. Analyst Upgrades and Downgrades Several research analysts have recently weighed in on the company. Stifel Nicolaus set a $315.00 price target on NVIDIA in a research note on Thursday, August 27th. UBS Group set a $300.00 price objective on NVIDIA and gave the company a “buy” rating in a research note on Thursday, August 27th. Phillip Securities upped their price objective on shares of NVIDIA from $285.00 to $300.00 and gave the company a “buy” rating in a report on Monday, August 31st. Wells Fargo & Company reiterated an “overweight” rating and set a $315.00 target price on shares of NVIDIA in a research report on Tuesday, August 11th. Finally, Morgan Stanley set a $300.00 target price on shares of NVIDIA and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and an average price target of $324.14.

Get Our Latest Stock Analysis on NVIDIA

NVIDIA Stock Up 0.5% NVDA stock opened at $228.38 on Thursday. The stock has a 50-day simple moving average of $217.76 and a two-hundred day simple moving average of $206.94. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $236.54. The firm has a market capitalization of $5.50 trillion, a PE ratio of 28.87, a PEG ratio of 1.76 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the prior year, the firm posted $1.05 earnings per share. The company’s revenue for the quarter was up 105.9% on a year-over-year basis. On average, equities analysts predict that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA announced that its board has authorized a stock repurchase plan on Monday, September 28th that allows the company to repurchase $150.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

NVIDIA Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA’s dividend payout ratio is currently 12.64%.

NVIDIA Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

Recommended Stories Five stocks we like better than NVIDIA Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors? O’Reilly Automotive’s Stock Slump Hides a Stronger Business McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test

Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.

Premium Feature

Moneyball Superscore

95/100

Today's Change

(

0.52

%) $

1.17

Current Price

$

228.38

Nvidia (NVDA +0.52%), an AI chip and networking provider, closed at $228.38, up 0.51%. Premarket buyback headlines and a session update on its AI safety accord kept investors focused on capital returns and AI demand.
Trading volume reached 117.7M shares, coming in nearly 5.2% below its three-month average of 124.1M shares. Nvidia IPO'd in 1999 and has grown 556,695% since going public.

How the markets moved todayThe S&P 500 (SNPINDEX: ^GSPC) closed at 7,654, down 0.23%, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) finished at 26,861, up 0.24%. Among semiconductor peers, Advanced Micro Devices (AMD +0.69%) closed at $611.76, up 0.69%, and Broadcom (AVGO -1.10%) closed at $351.19, down 1.10%, as investors tracked accelerated computing, GPU, AI, data-center networking, and related software demand.

What this means for investorsAlthough Nvidia stock rose only modestly today, it continues to ride high as it secures its future as one of the most essential AI companies. Its AI safety accord likely brings comfort to those concerned about out-of-control AI wreaking havoc on society.

That accord comes after Nvidia also solidified its place in the quantum computing industry last month by expanding Open-Source CUDA-Q to offer fault-tolerant quantum computing. This is significant takes its software platform beyond core GPUs.

Such breakthroughs seem to help boost its financials. Last week, it authorized an additional $150 billion in share repurchases, taking the total to $235 billion through 2028. To put that into perspective, just over 60 companies trading on U.S. markets have a market cap above $235 billion today.

It likely can afford to buy back shares as its revenue for fiscal Q2 (ended July 26) increased by 106% year over year. Despite that increase, its forward P/E ratio stands at just 25, a level that should boost the bull case in the chip stock for a long time to come.

Will Healy has positions in Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices, Broadcom, and Nvidia. The Motley Fool has a disclosure policy.

DeepSeek says TileLang offers a simpler programming model than Nvidia's CUDA. Summary

DeepSeek and Huawei are developing tools for Huawei’s Ascend AI chips.

Another Chinese threat is targeting Nvidia (NVDA, Financials) beyond its AI chips. According to DeepSeek's official WeChat account, Huawei Technologies and DeepSeek are developing programming tools for Huawei's Ascend CPUs, Reuters reported Wednesday.

DeepSeek is opening Huawei's Ascend platform's computing and communications libraries.The endeavor important because Nvidia's competitiveness goes beyond GPU performance. CUDA gives developers a framework for creating Nvidia-compatible apps.

DeepSeek and Huawei are developing a Huawei chip ecosystem. The two organizations developed a supernode employing 128 Huawei Ascend 950 processors, with Huawei supporting computation and communication optimization.

DeepSeek also featured TileLang, an AI chip-specific high-level open-source programming language. The business claimed TileLang's simpler programming approach than Nvidia's CUDA may boost development efficiency and simplify code.

Two weeks ago, Huawei revealed its next-generation AI CPUs and supernode computing systems. Huawei predicted that its AI technologies will be widely employed for model training next year.

The development shows Nvidia investors a new aspect of Chinese competitiveness. Making a different AI accelerator is difficult. Building programming tools to help developers use such chips efficiently is another.

As Chinese IT companies work to develop an AI computer environment independent of Nvidia, DeepSeek and Huawei are attacking both sides.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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The next crack in the AI trade may show up in spending before it appears in revenue. Sam Rines, Macro Strategist at WisdomTree, says a slowdown in hyperscaler capital spending would likely hit semiconductors and infrastructure providers hardest, while companies using AI to improve existing businesses could prove more resilient — putting Nvidia Corp (NASDAQ:NVDA) and Meta Platforms, Inc. (NASDAQ:META) on different sides of the cycle.

AI Spending Faces a New TestNvidia has been one of the clearest financial beneficiaries of the AI boom, supplying the chips that power the massive infrastructure buildout. But the market is increasingly asking a different question: How much longer can hyperscalers keep spending at extraordinary levels before investors demand clearer returns?

Rines says that test is already underway.

"Capex is tolerated for companies that can show the returns to it, but it is not appreciated for companies without the ability to clearly articulate the returns," he told Benzinga in an exclusive email interview.

That creates an important distinction between companies building AI infrastructure and those using AI inside established businesses.

Microsoft Corp (NASDAQ:MSFT) is seeing its cloud business benefit from AI, while Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) is beginning to see Gemini contribute to revenue and improve YouTube advertising, according to Rines. Meta, meanwhile, is using AI to strengthen its core advertising business while expanding its AI product lineup.

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Nvidia Has More AI-Capex ExposureThat difference matters if hyperscaler spending starts to slow.

"If AI spending starts producing weaker returns," Rines expects the impact to be felt "most by the semis and infrastructure providers." The AI implementers, he said, are likely to be "the least affected or even winners" in that scenario.

Nvidia’s position makes the distinction particularly important. Its data-center business depends heavily on demand for the computing infrastructure needed to build and deploy AI systems. If Microsoft, Alphabet, Meta and other hyperscalers begin trimming or delaying infrastructure investments, that would create a different environment for Nvidia than for a company using AI to improve an existing revenue engine.

That does not mean a capex slowdown would automatically translate into a collapse in Nvidia’s business. It means the semiconductor side of the AI trade could have greater direct exposure to a change in spending behavior.

Meta Could Be the Other SideRines sees Meta as particularly interesting as the AI story shifts from spending toward returns.

"Meta appears to be the most overlooked," he said, pointing to the company’s Muse product and enterprise launch alongside AI’s role in its advertising business. The argument is less about Meta becoming an AI infrastructure company and more about AI improving an already large business.

That distinction could become increasingly important if investors begin scrutinizing AI returns rather than simply rewarding bigger spending.

Rines says the first real warning sign would likely be a slowdown in hyperscaler capex.

For Nvidia investors, that makes capital-spending plans from Microsoft, Alphabet, Meta and other major AI buyers an increasingly important signal.

For Meta investors, the question may be different: whether AI can continue producing measurable gains in advertising, products and engagement even if the infrastructure spending cycle cools.

Read Next

Image courtesy: WisdomTree

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

After becoming the company that turned artificial intelligence (AI) from a research project into a generational spending boom, Nvidia (NVDA -0.72%) has delivered one of the greatest wealth-creation runs in recent market history.

This year, however, the company's earnings estimates have raced ahead of the share price. As a result, Nvidia's forward price-to-earnings (P/E) multiple has compressed to levels last seen about 10 years ago. While investors treat the $5.6 trillion behemoth like it is already fully priced, history suggests this is precisely when the next leg up starts to form.

Image source: Nvidia.

How Nvidia became the king of AI It wasn't long ago that Nvidia was primarily known for making graphics cards that visually enhanced video games. In the background, however, CEO Jensen Huang and his team were quietly laying the foundation for something bigger: a software and hardware stack that lets researchers train massive models.

After ChatGPT was publicly released, hyperscalers such as Amazon, Microsoft, Alphabet, and Meta Platforms quickly realized they needed more compute. This put Nvidia in a first-mover position, as its GPUs were available as the default tool for generative AI development. The company complemented its hardware with CUDA, a software layer built around the chips, which helped create a moat that competitors are still struggling to penetrate.

Nvidia's data center revenue went from a side hustle to the core engine of the company. This underscores that customers are not just buying chips; they are building entire AI factories around Nvidia's architecture. This is how an ordinary semiconductor company evolved into the public face of the AI infrastructure build-out.

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Breaking down Nvidia's valuation As of Sept. 29, Nvidia stock has gained 24% this year. While this is a respectable return, it drastically lags that of its core rival, the much-smaller Advanced Micro Devices, which has rocketed 188% on the year.

Let's dive into why Nvidia's valuation profile is so attractive right now. The forward P/E ratio simply divides the current share price by the earnings Wall Street expects over the next 12 months. The table below includes Nvidia's consensus earnings estimates for the next four quarters:

MetricFiscal Q3 2027Fiscal Q4 2027Fiscal Q1 2028Fiscal Q2 2028Next 12 Months EPSEPS estimate$2.47$2.73$3.17$3.63$12 Data source: Business Insider.

Given Nvidia stock hovers around $230 and analysts expect $12 in combined earnings over the next four quarters, the math implies a forward P/E of 19. Note that the multiple has expanded a bit over the last couple of days, as Nvidia stock rallied following the announcement of a record $150 billion share repurchase.

When profits rise faster than the stock price, valuation multiples fall even if the price goes up. This is exactly what is happening with Nvidia this year. The takeaway here is that this is the lowest forward earnings reading for Nvidia in a decade and well below the company's longer-term average near 32.

The multiple is compressing because investors are questioning how long the AI boom can last at this scale. Meanwhile, rising memory costs are squeezing near-term margins, and competition from custom silicon is getting louder. While these worries are fair, they are also the same kind of concerns that appeared the last few times Nvidia's valuation hit a floor.

Why Nvidia stock looks poised for a rally Historically, when Nvidia's forward P/E multiple hovered around the mid to high teens, the stock did not stay that cheap for long. The floor has generally sat near the 17-to-20 range. The next stop is not necessarily a return to the 40 or 50 times peaks seen in earlier cycles of the AI revolution. Instead, I think a reasonable expansion would be toward 25 times. Based on the same estimate for $12 in earnings over the next 12 months, this would imply a share price around $300, or about 30% above today's level. A return toward the longer-term average of 32 times would imply something closer to $384, or a gain of roughly 67%.

This setup is why the current quiet stretch could be a compelling entry rather than a warning signal. With Nvidia, you are not buying a stock trading at unsustainable multiples based on a story. Rather, you are buying the dominant AI infrastructure company at a decade-low multiple while it is still guiding for explosive growth over the next year.

For investors thinking in terms of years instead of quarters, Nvidia is a straightforward buy-and-hold opportunity. The hardware and software moat, the customer lock-in, and the next product cycles are not disappearing just because the multiple took a breather. History says this is usually the time you want to pounce and own the stock.

Adam Spatacco has positions in Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.

Nvidia NVDA has held talks with insurance companies about ways to shift part of the financing risk tied to its chips as it tries to widen demand for AI infrastructure beyond the biggest tech companies, the Financial Times reported, citing people familiar with the matter. Nvidia shares were up 0.22% intraday, as of 1:00 p.m. ET.

The discussions include potentially insuring loans to smaller "neocloud" companies. If a borrower defaulted and the Nvidia chips it pledged as collateral couldn't be resold for enough to repay the debt, the cover would protect the lender. Nvidia has been working with insurance broker Howden Re on a possible structure. Howden declined to comment. The talks are at an early stage and may not lead to any deals.

The plans could reach beyond insurers. Nvidia has explored having insurance groups syndicate risk to hedge funds and other alternative investors, since some deals could exceed the balance sheets of individual insurers, and it has considered joining financing consortia with insurers, hedge funds and asset managers. The effort is part of CEO Jensen Huang's push to make AI chips easier for outside investors to finance, arguing they should be treated as an "investable asset class." It comes a day after Nvidia added $150 billion to its share buyback authorization.

Tillman Hartley LLC cut its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 57.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,064 shares of the computer hardware maker’s stock after selling 4,214 shares during the quarter. NVIDIA makes up approximately 0.1% of Tillman Hartley LLC’s portfolio, making the stock its 18th largest holding. Tillman Hartley LLC’s holdings in NVIDIA were worth $613,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of NVDA. Heritage Trust Co raised its position in shares of NVIDIA by 1.1% during the 2nd quarter. Heritage Trust Co now owns 54,334 shares of the computer hardware maker’s stock worth $10,872,000 after purchasing an additional 603 shares during the last quarter. Gould Asset Management LLC CA lifted its stake in NVIDIA by 8.0% in the 2nd quarter. Gould Asset Management LLC CA now owns 5,680 shares of the computer hardware maker’s stock valued at $1,137,000 after buying an additional 419 shares in the last quarter. Arrowroot Family Office LLC grew its holdings in NVIDIA by 69.2% during the 2nd quarter. Arrowroot Family Office LLC now owns 10,375 shares of the computer hardware maker’s stock valued at $2,076,000 after buying an additional 4,245 shares during the last quarter. Argent Trust Co increased its position in NVIDIA by 8.0% during the second quarter. Argent Trust Co now owns 226,945 shares of the computer hardware maker’s stock worth $45,409,000 after buying an additional 16,726 shares in the last quarter. Finally, J.Safra Asset Management Corp increased its position in NVIDIA by 18.8% during the second quarter. J.Safra Asset Management Corp now owns 139,966 shares of the computer hardware maker’s stock worth $28,006,000 after buying an additional 22,106 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Price Performance Shares of NASDAQ:NVDA opened at $228.86 on Tuesday. The company has a market cap of $5.52 trillion, a P/E ratio of 28.93, a P/E/G ratio of 1.74 and a beta of 2.22. The business has a fifty day simple moving average of $217.03 and a 200-day simple moving average of $206.33. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The firm had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the prior year, the business posted $1.05 earnings per share. The firm’s revenue for the quarter was up 105.9% compared to the same quarter last year. Equities research analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current year. NVIDIA declared that its Board of Directors has authorized a share repurchase plan on Monday, September 28th that allows the company to buyback $150.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

NVIDIA Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA’s dividend payout ratio (DPR) is currently 12.64%.

Insider Activity In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Timothy S. Teter sold 30,460 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. 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. Insiders sold 1,766,118 shares of company stock valued at $399,450,353 in the last ninety days. Company insiders own 3.94% of the company’s stock.

Trending Headlines about NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Record buyback signals confidence and may support earnings per share. NVIDIA authorized an additional $150 billion in share repurchases, bringing the remaining program to $235 billion through fiscal 2028—the largest increase in its history. The move highlights the company’s substantial cash generation and could reduce the share count over time. Nvidia adds $150 billion to existing share repurchase plan Positive Sentiment: Possible reopening of China demand provides an additional sales catalyst. Chinese officials reportedly asked ByteDance and Alibaba to outline potential purchases of NVIDIA’s RTX PRO 5500 processors, suggesting Beijing may permit selected companies to buy some NVIDIA chips despite U.S. export restrictions. Any approval would expand NVIDIA’s addressable market, although the policy remains unconfirmed. China weighs letting ByteDance and Alibaba buy new Nvidia chips Positive Sentiment: AI safety platform broadens NVIDIA’s software opportunity. The company launched its Open Agent Safety Platform, including tools that isolate AI agents, enforce access policies, monitor behavior, and shut down violations. The initiative addresses high-profile AI security incidents and could strengthen NVIDIA’s software ecosystem while encouraging safer enterprise adoption. Nvidia releases software platform to stop AI agents from misbehaving Positive Sentiment: Advanced packaging could increase future chip capacity. NVIDIA is reportedly exploring glass substrates to build larger packages with denser connections and more high-bandwidth memory. The technology could help address scaling constraints, though rising HBM prices make packaging economics increasingly important. Nvidia’s Glass Packaging Push Could Reshape AI Chips Neutral Sentiment: Technical analysts see further upside but require a breakout. One forecast identifies $261.84–$265.30 as a potential target if NVDA clears approximately $234.76. This is market sentiment rather than a fundamental change and depends on continued momentum. NVIDIA Stock Forecast: Breakout Could Unlock $265 Target Negative Sentiment: Macro and valuation risks remain. Oil above $106 and Treasury yields above 5.20% pressured technology stocks, while NVIDIA’s multitrillion-dollar valuation leaves little room for execution or demand disappointments. Negative Sentiment: Competition and concentration could limit long-term returns. Hyperscalers and AI laboratories are developing proprietary chips, while most of NVIDIA’s revenue remains tied to data-center demand. Investors must also monitor energy costs, HBM prices, export controls, and whether AI spending ultimately produces sufficient returns. Analyst Ratings Changes NVDA has been the subject of a number of analyst reports. China Renaissance boosted their price target on NVIDIA from $319.00 to $330.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research report on Monday, September 21st. Wells Fargo & Company reissued an “overweight” rating and issued a $315.00 target price on shares of NVIDIA in a research note on Tuesday, August 11th. The Goldman Sachs Group restated a “buy” rating on shares of NVIDIA in a report on Thursday, September 10th. Finally, Itau BBA Securities decreased their price target on shares of NVIDIA from $256.00 to $218.00 in a research note on Wednesday, June 24th. Four analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $324.14.

View Our Latest Research Report on NVDA

About NVIDIA (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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Nvidia's earnings have grown so fast they outpaced a rising stock price, pushing its valuation to a level not seen in over a decade. Whether that signals a rare buying opportunity or a quiet warning from the market is the…

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NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) now trades at about 17 times expected earnings for the next twelve months, its lowest forward multiple since January 2015 and well below a 15-year average of 30x. A multiple that low usually follows a crash, yet the stock rose 1.68% in the September 28, 2026 session to $228.86, about 3% below its fifty-two-week high of $236.54.

Shares are up 23% year to date and 28.74% over one year. The price climbed while the multiple fell, which means earnings forecasts rose faster than the stock, an unusual setup for a company valued at $5.53 trillion.

How Earnings Outran a Rising Stock A forward P/E is the share price divided by expected earnings per share, so it falls when earnings grow faster than the price. NVIDIA’s fiscal year ends in late January, so its quarter labels run ahead of the calendar.

Nvidia reported revenue of $57 billion, up 62%, on November 19, 2025, then $68 billion, up 73%, on February 25, 2026. Jensen Huang said, “Demand has gone parabolic,” as revenue reached about $82 billion on May 20, 2026, growth Nvidia put at 85%.

Nvidia then posted $96.2 billion, up 106%, on August 26, 2026. Analysts raised the average fiscal 2028 EPS estimate to $15.6826 from $12.6737 90 days earlier.

Low valuations can also signal doubt.

A shrinking multiple on a rising stock can also mean investors are marking down how long the growth lasts. The fiscal 2028 EPS range runs from $9.80 to $18.746, which shows how little agreement exists.

Management guided to roughly 70% revenue growth in fiscal 2028. Cheap against history only matters if the history repeats.

Capital Budgets Set the Ceiling NVIDIA’s revenue is someone else’s capital spending. Wells Fargo strategist Ohsung Kwon argues the math fails if the market expects AI capex of about $1 trillion in 2028, while NVIDIA cited top-five hyperscaler capex of nearly $800 billion in 2026 and $1.3 trillion in 2027. That expansion must be powered, cooled, and connected by someone other than the chipmaker, which is why we pulled seven of those suppliers into a free AI infrastructure report.

The company expects rising memory costs to push gross margins to a bottom of 71% to 72% in the fiscal fourth quarter, and its outlook assumes no China data center compute revenue.

Jensen Huang said the $150 billion buyback increase “reflects our confidence in the long-term opportunity ahead,” a signal that management sees its own multiple as too low.

Should You Buy or Sell NVDA Stock I believe NVIDIA looks undervalued at $228.86. Even the most pessimistic figures put NVDA stock far cheaper than the 30x historical multiple, and Nvidia guided to $108 billion for the quarter in progress.

Capex budgets can level off, but a supply-constrained outlook and steady upward revisions suggest the market is pricing in more caution than the fundamentals show. The average price target is $327.70 across 61 analysts.

The test is Nvidia’s next report, expected November 17, 2026, though the company has not yet confirmed it. If fiscal fourth-quarter revenue guidance lands below the $124.37 billion consensus, or the margin floor slips below 71%, skeptics have the stronger case, and the low multiple becomes a fair price for slowing growth. But for now, NVDA stock remains a buy.

Contact [email protected] for any questions or corrections.

Samsung Electronics and its affiliates will invest a combined $1 billion in Helix Digital Infrastructure, an artificial intelligence infrastructure company launched by global investment firm KKR and backed by AI darling Nvidia.

Samsung Electronics said Tuesday it will invest $500 million, with Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance contributing the remainder.

The investment comes as Helix seeks to address growing competition in the AI infrastructure market by targeting both data center deployment and the underlying power infrastructure needed to support it.

The deal also allows Samsung to leverage capabilities across its affiliates, spanning semiconductors and cooling systems to data center construction and batteries, as the group seeks to expand its role in the global AI infrastructure buildout.

Helix, launched in June, focuses on infrastructure needed to support growing AI demand, including hyperscale data centers, power generation, transmission and distribution infrastructure and fiber-optic networks.

The company is led by Adam Selipsky, the former CEO of Amazon Web Services. KKR, the Kuwait Investment Authority, Nvidia and U.S. power company Vistra are founding investors in Helix.

The latest investment is in addition to the more than $10 billion of funds already committed to the company, according to KKR.

Samsung said the investment would help accelerate the global rollout of AI data centers alongside Helix and deepen collaboration among the participating companies.

KKR has invested more than $75 billion globally across digital infrastructure and power, with the investment firm putting in about $9 billion in Korea since 2009.

—CNBC's Evelyn Cheng contributed to this report.

Nvidia CEO Jensen Huang has said AI model distillation — models being trained on other models' outputs — is "competition," despite the White House calling it theft.

Distillation has become a key flashpoint in tensions between the U.S. and China in their race for AI supremacy. U.S. officials have accused Chinese AI companies of distillation.

Treasury Secretary Scott Bessent described it as "theft" in July and threatened sanctions against overseas companies that use it to extract capability from U.S.-built models.

But, when asked if distillation was "not robbery," Huang told CNBC's Squawk Box on Monday: "That's called competition."

"You're allowed to test somebody else's products all you want," he said, adding that Nvidia's products are sometimes stripped "down to bones" as companies tried to learn how they worked.

"I'd really prefer they didn't," he said. "I'd really prefer that nobody learns from our products, and we have the benefit of just cruising along. But, you know, frankly, competition makes everything better."

watch now

"If you don't like that, if you don't like people to use your products, all you [have to do is] know your customers, and disable the service," Huang said.

The White House did not immediately respond to a request for comment from CNBC.

Earlier this month, the U.S.' Cybersecurity and Infrastructure Security Agency, accused China's AI companies of conducting "industrial-scale knowledge distillation campaigns" that violated U.S. companies' terms of use.

Anthropic said earlier this month that it found Alibaba, which develops the Qwen family of models, and DeepSeek both engaging in "illicit distillation."

China has rejected the claims.

Russell Investments Group Ltd. lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,992,581 shares of the computer hardware maker’s stock after purchasing an additional 328,703 shares during the period. NVIDIA comprises 5.2% of Russell Investments Group Ltd.’s portfolio, making the stock its largest position. Russell Investments Group Ltd. owned 0.12% of NVIDIA worth $5,976,566,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in NVIDIA by 2.1% in the 1st quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock worth $33,345,453,000 after buying an additional 4,019,505 shares in the last quarter. Invesco Ltd. grew its stake in shares of NVIDIA by 0.3% during the fourth quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker’s stock valued at $26,714,167,000 after acquiring an additional 446,178 shares in the last quarter. Amundi increased its position in shares of NVIDIA by 10.4% during the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after acquiring an additional 12,575,177 shares during the last quarter. J. Stern & Co. LLP increased its position in shares of NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock worth $23,454,297,000 after acquiring an additional 124,849,603 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of NVIDIA by 0.6% in the first quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock worth $16,479,126,000 after acquiring an additional 555,221 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Performance Shares of NASDAQ NVDA opened at $225.07 on Monday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average price is $216.52 and its two-hundred day moving average price is $206.02. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The stock has a market capitalization of $5.42 trillion, a P/E ratio of 28.45, a PEG ratio of 1.74 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same quarter last year, the firm earned $1.05 EPS. The business’s revenue was up 105.9% on a year-over-year basis. On average, analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year. NVIDIA Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a dividend of $0.25 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

NVIDIA News Roundup Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Elon Musk said xAI’s Colossus 2 data center could more than double its NVIDIA chip count by year-end. The facility reportedly already uses 110,000 GB200 and 440,000 GB300 GPUs, reinforcing expectations for large hyperscaler and AI-lab orders. xAI Colossus 2 chip deployment article Positive Sentiment: Industry commentary indicates NVIDIA GPU demand is so strong that even poorly built cloud infrastructure can attract customers at healthy margins. This supports the view that AI compute demand still exceeds available supply. NVIDIA GPU demand article Positive Sentiment: RMX Industries placed an order for NVIDIA H200 GPU systems through Technologent, providing another example of demand for NVIDIA’s data-center products. Super Micro’s shipment of Vera Rubin NVL72 racks also signals that next-generation systems are reaching customers. RMX H200 purchase order article Positive Sentiment: Analysts continue to favor NVIDIA over competing AI-chip names such as Micron and Marvell, citing broader AI exposure, stronger margins and higher returns on equity. Bullish coverage also points to a potential Vera Rubin volume ramp and substantial cloud infrastructure backlogs. Micron versus NVIDIA analysis Neutral Sentiment: Extended U.S.-China trade discussions may eventually improve NVIDIA’s China opportunity, but export restrictions remain unresolved. The stock is also testing important technical levels after a strong recent advance. NVIDIA technical and China outlook article Negative Sentiment: EVP Timothy Teter sold approximately $6.8 million of NVIDIA shares under a pre-arranged Rule 10b5-1 plan. The sale was only about 1.1% of his holdings and does not indicate a fundamental change, but it may weigh on sentiment alongside broader reports of insider profit-taking. NVIDIA insider sale article Negative Sentiment: Higher memory costs are expected to pressure NVIDIA’s gross margins, while rising Treasury yields could compress the valuation of high-growth technology stocks. Investors are therefore balancing exceptional AI demand against increasing supply-chain costs and macroeconomic risk. Insiders Place Their Bets In other news, CFO Colette Kress sold 34,918 shares of the firm’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the transaction, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,460 shares of NVIDIA stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,766,118 shares of company stock valued at $399,450,353 over the last 90 days. 3.94% of the stock is owned by company insiders.

Analyst Ratings Changes NVDA has been the subject of a number of analyst reports. Citigroup reissued a “buy” rating and issued a $315.00 price target (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. HSBC upped their target price on NVIDIA from $360.00 to $365.00 in a research report on Thursday, August 27th. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 target price on shares of NVIDIA in a research note on Monday, August 24th. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a research report on Monday, September 21st. Finally, President Capital lifted their price target on shares of NVIDIA from $295.00 to $330.00 in a research note on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $324.14.

Read Our Latest Report on NVIDIA

NVIDIA Company Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Further Reading Five stocks we like better than NVIDIA Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes 2 Cybersecurity Stocks Breaking Out as AI Continues to Be a Tailwind 3 More AI Infrastructure Plays Beyond the Big Names CAVA Stock Slips: Sector Fear or Valuation Reality? Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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Nvidia CEO Jensen Huang. Bloomberg/Getty Images Nvidia is already the world's most valuable company. Now, it has approved the largest share buyback in history.

The tech giant, whose chips are powering much of the AI boom, said on Monday that it has authorized an expansion of its existing share buyback plan by $150 billion, increasing the value of approved repurchases to $235 billion.

Apple previously held the record for the largest-ever buyback, authorizing $110 billion in 2024.

"I think we're going through the largest infrastructure build-out in human history, and we have the benefit of being a very central part of that," Nvidia CEO Jensen Huang said in an interview with CNBC shortly after the announcement.

"We're generating a lot of cash, we're going to generate a lot of cash in the coming years. And you know, every single year, as we generate more cash, I'd like to be able to return it back to the shareholders," he added.

Nvidia said it expects to finish the buyback by the 2028 financial year.

When a company repurchases stock, it returns capital to shareholders by using some of its cash to buy back its own shares.

Buybacks reduce the amount of outstanding shares, which can push up a company's stock price. They can also help offset the issuance of shares as employee compensation.

Legendary investor Warren Buffett has said that buybacks only make sense when a stock is trading at a discount to its intrinsic value. In that scenario, management is buying it for less than its worth, making it a good use of the company's cash.

Thus, buybacks typically send a bullish signal to the market, as they show a company is willing to bet money that its stock is undervalued and likely to rise over time.

Nvidia stock was up around 2.2% in premarket trading as of 8:56 a.m. ET on Monday. It was up 21% for the year as of Friday's close, and nearly 1,000% over the past five years.

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Will Martin is a senior business editor with 10 years of experience in various roles at Business Insider. He works with a team of reporters and editors to cover everything business, with a special focus on consulting, financial markets, and the aviation industry.Prior to working on the business news team, Will led Insider's sports coverage in the company's London bureau, publishing award-nominated work on alleged gang involvement in elite boxing, deeply-reported features on a civil war in Olympic sport modern pentathlon, and profiles of some of the biggest rising-stars in soccer.Before joining the sports team, Will spent a year as an associate editor on Insider's global news team. Before that, Will worked as a markets and economics reporter for Business Insider for more than three years.During his time with the news team, Will assigned and edited reporting and features on everything from the Boeing 737 Max crisis, to the persecution of Uyghur Muslims in China, to global geopolitics, and even a Barack Obama-themed service station in Ireland.He also personally reported on allegations of illegal mass human organ harvesting in China.Prior to working for Insider, Will earned a BA in International Relations from the University of Exeter and an MA in Financial Journalism from City, University of London.

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Theron Mohamed is a London-based correspondent on the International team at Business Insider. His coverage spans finance, investing, wealth, markets, and the economy.Theron joined BI in 2019 as a reporter at Markets Insider and rose to the rank of correspondent before moving to the Trending team then the broader International team. He previously covered tech, media, and telecom stocks for Investors Chronicle magazine and had a brief stint on the Financial Times' Data team. He interned at the Wall Street Journal in New York where he primarily wrote for Heard on the Street.Theron has freelanced for The Independent, The Telegraph, WIRED, and several smaller publications. He holds an undergraduate degree in geography from the London School of Economics, and a master's degree in journalism from Columbia University.Theron often covers Warren Buffett, Michael Burry, and other elite investors. He also writes about the world's wealthiest people and shares financial advice from all manner of rich and successful people.Email Theron at [email protected] and follow him on X @theron_mohamed.

Kelleher Financial Advisors boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 122.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,923 shares of the computer hardware maker’s stock after acquiring an additional 23,661 shares during the quarter. NVIDIA accounts for approximately 1.2% of Kelleher Financial Advisors’ holdings, making the stock its 20th largest position. Kelleher Financial Advisors’ holdings in NVIDIA were worth $8,588,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of NVIDIA by 2.1% during the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock valued at $33,345,453,000 after purchasing an additional 4,019,505 shares in the last quarter. Invesco Ltd. increased its holdings in NVIDIA by 0.3% in the 4th quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker’s stock worth $26,714,167,000 after buying an additional 446,178 shares in the last quarter. J. Stern & Co. LLP increased its holdings in NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock worth $23,454,297,000 after buying an additional 124,849,603 shares in the last quarter. Amundi raised its position in NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after buying an additional 12,575,177 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in NVIDIA by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock worth $16,479,126,000 after buying an additional 555,221 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Elon Musk said xAI’s Colossus 2 data center could more than double its NVIDIA chip count by year-end. The facility reportedly already uses 110,000 GB200 and 440,000 GB300 GPUs, reinforcing expectations for large hyperscaler and AI-lab orders. xAI Colossus 2 chip deployment article Positive Sentiment: Industry commentary indicates NVIDIA GPU demand is so strong that even poorly built cloud infrastructure can attract customers at healthy margins. This supports the view that AI compute demand still exceeds available supply. NVIDIA GPU demand article Positive Sentiment: RMX Industries placed an order for NVIDIA H200 GPU systems through Technologent, providing another example of demand for NVIDIA’s data-center products. Super Micro’s shipment of Vera Rubin NVL72 racks also signals that next-generation systems are reaching customers. RMX H200 purchase order article Positive Sentiment: Analysts continue to favor NVIDIA over competing AI-chip names such as Micron and Marvell, citing broader AI exposure, stronger margins and higher returns on equity. Bullish coverage also points to a potential Vera Rubin volume ramp and substantial cloud infrastructure backlogs. Micron versus NVIDIA analysis Neutral Sentiment: Extended U.S.-China trade discussions may eventually improve NVIDIA’s China opportunity, but export restrictions remain unresolved. The stock is also testing important technical levels after a strong recent advance. NVIDIA technical and China outlook article Negative Sentiment: EVP Timothy Teter sold approximately $6.8 million of NVIDIA shares under a pre-arranged Rule 10b5-1 plan. The sale was only about 1.1% of his holdings and does not indicate a fundamental change, but it may weigh on sentiment alongside broader reports of insider profit-taking. NVIDIA insider sale article Negative Sentiment: Higher memory costs are expected to pressure NVIDIA’s gross margins, while rising Treasury yields could compress the valuation of high-growth technology stocks. Investors are therefore balancing exceptional AI demand against increasing supply-chain costs and macroeconomic risk. NVIDIA Price Performance Shares of NASDAQ:NVDA opened at $225.07 on Monday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.42 trillion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 1.74 and a beta of 2.22. The firm’s 50 day moving average price is $216.52 and its 200-day moving average price is $206.02. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $236.54. NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same period in the previous year, the business posted $1.05 earnings per share. The firm’s quarterly revenue was up 105.9% compared to the same quarter last year. Equities research analysts expect that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is currently 12.64%.

Insider Activity In related news, Director Mark A. Stevens sold 622,239 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the transaction, the director directly owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Timothy S. Teter sold 30,460 shares of NVIDIA stock in a transaction on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the transaction, the executive vice president owned 2,687,660 shares in the company, valued at $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. 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. Insiders sold a total of 1,766,118 shares of company stock valued at $399,450,353 in the last 90 days. Company insiders own 3.94% of the company’s stock.

Wall Street Analyst Weigh In NVDA has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $315.00 price target on shares of NVIDIA in a report on Thursday, August 27th. Raymond James Financial set a $515.00 price objective on shares of NVIDIA and gave the company a “strong-buy” rating in a report on Thursday, August 27th. Wedbush increased their price objective on shares of NVIDIA from $330.00 to $345.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. BMO Capital Markets set a $340.00 target price on shares of NVIDIA and gave the stock an “outperform” rating in a report on Thursday, August 20th. Finally, William Blair reaffirmed an “outperform” rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Four investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, NVIDIA currently has an average rating of “Buy” and a consensus target price of $324.14.

Check Out Our Latest Stock Report on NVDA

About NVIDIA (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Further Reading Five stocks we like better than NVIDIA Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes 2 Cybersecurity Stocks Breaking Out as AI Continues to Be a Tailwind 3 More AI Infrastructure Plays Beyond the Big Names CAVA Stock Slips: Sector Fear or Valuation Reality?

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News Summary:

NVIDIA Open Agent Safety Platform consists of NVIDIA OpenShell open source software and the NVIDIA Sentry reference system design that enables full-stack governance and control across software and the hardware, compute and robotics systems that run agents.OpenShell software provides a secure runtime boundary that traces all actions and enforces policy as agents run on NVIDIA Vera CPUs. As open source software, OpenShell can be extended to work with third-party compute platforms, including those from Arm and Intel.Sentry adds an out-of-band watchdog that runs on NVIDIA BlueField-4 DPUs to continuously monitor agent behavior. Sentry can quarantine agents that attempt to move outside their boundaries in milliseconds.Industry leaders from across the AI ecosystem are joining NVIDIA to strengthen AI safety for every industry across the full stack of infrastructure, software, models and robotics — including Anthropic, Cisco, CrowdStrike, Dell Technologies, Figure, HPE, Hugging Face, JPMorganChase, Microsoft, Palantir, Palo Alto Networks, Perplexity, Red Hat, Salesforce, SAP, Scale AI, ServiceNow and SpaceXAI. SANTA CLARA, Calif., Sept. 28, 2026 (GLOBE NEWSWIRE) -- NVIDIA today announced NVIDIA Open Agent Safety Platform, an open software platform and reference system design to strengthen AI security from agent testing to deployment, with full-stack governance and control across software and the hardware, compute and robotics systems that run agents.

Recent security incidents have underscored the need to equip organizations with open, customizable tools that enforce more control over long-running agents. Across these incidents, the pattern is the same — the agent circumvented security controls at the application layer to complete its assigned task.

“AI’s extraordinary potential for society will only be realized if we solve AI safety,” said Jensen Huang, founder and CEO of NVIDIA. “As we continue to discover the frontier of AI capabilities, we must accelerate discovery at the frontier of AI safety. Safety and security require full-stack engineering. NVIDIA Open Agent Safety Platform brings together industry, researchers and public-sector organizations to share best practices, align on evaluation methods and foster international cooperation. Together, we can raise the bar for global AI safety.”

Open Agent Safety Platform Adds Control Across the Full Agent Stack
NVIDIA Open Agent Safety Platform enables full-stack governance and control across the software that runs agents, the hardware and compute layers that power their work, and the robotics systems that execute tasks in the physical world. Organizations can deploy elements of NVIDIA Open Agent Safety Platform according to their unique requirements.

It includes NVIDIA OpenShell™ secure runtime software that sets boundaries for agents running on CPUs. As agents take on more work across more systems, enterprises need an enforceable boundary outside of the model and agent harness. Now broadly available, OpenShell provides a secure runtime boundary for controlling how autonomous AI agents execute tasks across open and closed models.

OpenShell delivers this protection with minimal overhead on NVIDIA Vera, the first purpose-built CPU for agentic AI. Together, OpenShell and Vera enable agents to operate securely while completing their work as quickly as possible. As open source software, OpenShell can also be extended to work with third-party compute platforms, including those from Arm and Intel.

The NVIDIA Open Agent Safety Platform reference system design features NVIDIA Sentry, an out-of-band watchdog that runs on NVIDIA BlueField®-4 DPUs to continuously monitor agent behavior. Sentry provides in-silicon security enforcement, meaning that if an AI agent attempts to move outside its software boundary, Sentry quarantines and stops it in milliseconds.

Running on BlueField-4 DPUs, Sentry continuously monitors agent activity and enforces security policies independently in silicon. It combines threat detection, hardware-based agent governance and enforcement and data access protection from an isolated, out-of-band trust domain that is responsive in real time and invisible to agents and attackers.

Sentry is built on NVIDIA DOCA™ software, which provides the programmable capabilities Sentry uses to inspect agent requests and responses, provide attested telemetry, verify agent identity and enforce granular, zero-trust access policies for data, tools, application programming interfaces and services.

Industry Leaders Strengthen Agent Security With NVIDIA
Anthropic and NVIDIA have collaborated to bring additional layers of security and control to the agent stack. Claude Managed Agents establish a security boundary by running the agent loop in a separate server from the sandboxes where their work executes. Integrations with OpenShell and BlueField enable enterprises to enforce strict control over agent access through those sandboxes.

“Companies are giving AI agents more of their most important work, and they need to direct and verify what those agents do, especially in sensitive environments,” said Paul Smith, chief commercial officer of Anthropic. “Claude Managed Agents gives companies a clear view of what each agent is doing, and NVIDIA’s platform adds another layer of governance and control across hardware and software.”

SpaceXAI is using NVIDIA Open Agent Safety Platform for Cursor coding agents and Grok models.

“As customers rely more on agents to get real work done, safety should be enforced outside the model by additional controls the agent can’t get past,” said Mike Nicolls, president at SpaceXAI. “Customers should be able to set those limits for Cursor and Grok and trust they will hold.”

Scale AI is working with NVIDIA to incorporate NVIDIA Open Agent Safety Platform technologies into the agentic infrastructure layer of Scale GenAI Portfolio.

“Scale AI is using the NVIDIA Open Agent Safety Platform reference design to build reliable agentic AI systems for our enterprise and government customers running mission-critical applications, with isolation, policy enforcement and auditability built in from the start,” said Francis deSouza, CEO of Scale AI. “We support agentic security with clear boundaries that define what agents can do, and controls that keep them operating within those permissions.”

Salesforce and NVIDIA have integrated OpenShell with Slack, enabling teams to manage OpenShell agent activity directly from Slack — viewing agent activity and audit events, and approving or rejecting agent requests for additional permissions — giving teams greater visibility and human oversight as agents work.

SAP is embedding OpenShell with Joule Studio runtime, part of the SAP Business AI Platform, to pair business oversight with runtime security. The company is also contributing engineering work to OpenShell and working with NVIDIA to advance interoperability standards through the Open Secure AI Alliance.

Accenture, Armadin, Cadence, Cognition, CrowdStrike, Cisco, Dassault Systèmes, Deloitte, EY, Hugging Face, IBM, Irregular, Perplexity, Microsoft, SAP, Scale AI, ServiceNow, Siemens, Synopsys, OpenClaw, Palantir and Palo Alto Networks are also among the over 100 organizations working with NVIDIA Open Agent Safety Platform technologies.

Robotics leaders — such as Figure, Gecko Robotics and Skild AI — are also building with OpenShell to embed agent safety controls into autonomous systems that take action in the physical world.

Citi and JPMorganChase are among the financial services leaders collaborating with NVIDIA on shared open source agent safety technologies.

Energy leaders Hitachi Energy, EPRI, NextEra Energy, Quanta Services, SPP, Schneider Electric, Siemens Energy and Worley are among critical U.S. infrastructure providers working with NVIDIA Open Agent Safety Platform technologies.

Infrastructure software leaders Canonical, SUSE and Red Hat are also integrating NVIDIA Open Agent Safety Platform into widely used software operating systems. Red Hat runs OpenShell and DOCA, both part of NVIDIA Open Agent Safety Platform, on Red Hat AI Factory with NVIDIA, a co-engineered, enterprise-grade AI solution for building, deploying and managing AI at scale across hybrid cloud environments.

NVIDIA partners including Baseten, Cisco, CoreWeave, Dell Technologies, GMI Cloud, HPE, HP Inc., Irregular, Lenovo, Microsoft, Nebius, Oracle Cloud Infrastructure, Supermicro and Together AI are among those offering AI infrastructure solutions that use and support NVIDIA Open Agent Safety Platform technologies to help customers run AI agents more securely.

Availability
NVIDIA Open Agent Safety Platform software, including OpenShell and skills, are available through the NVIDIA developer resources page and GitHub.

Ecosystem contributions such as NVIDIA Open Agent Safety Platform support the mission of the Open Secure AI Alliance as well as the broader AI safety and security community. Initiated by NVIDIA alongside over 120 leading organizations and governed by the Linux Foundation, the Open Secure AI Alliance strengthens AI agent security through open research, skills and tools, as well as projects like the Shared AI Findings Exchange, or SAFE.

About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

For further information, contact:
Corporate Communications
NVIDIA Corporation
[email protected]

Certain statements in this press release including, but not limited to, statements as to: AI’s extraordinary potential for society only being realized if we solve AI safety; NVIDIA Open Agent Safety Platform bringing together industry, researchers and public-sector organizations to share best practices, align on evaluation methods and foster international cooperation; NVIDIA, together with its commercial partners, raising the bar for global AI safety; expectations with respect to growth, performance, availability, and benefits of NVIDIA’s products, services and technologies, and related trends and drivers; expectations with respect to NVIDIA’s third party arrangements, including with its collaborators and partners; expectations with respect to technology developments, and related trends and drivers; projected market growth and trends; expectations with respect to AI and related industries; and other statements that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing product and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

Many of the products and features described herein remain in various stages and will be offered on a when-and-if-available basis. The statements above are not intended to be, and should not be interpreted as a commitment, promise, or legal obligation, and the development, release, and timing of any features or functionalities described for our products is subject to change and remains at the sole discretion of NVIDIA. NVIDIA will have no liability for failure to deliver or delay in the delivery of any of the products, features or functions set forth herein.

© 2026 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, and other NVIDIA product and service names are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries and regions. Other company, product, and service names may be trademarks of the respective companies with which they are associated.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e7d3dd25-89b5-40c1-ac1b-77004a3ed2b3

Walter Public Investments Inc. acquired a new position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 92,501 shares of the computer hardware maker’s stock, valued at approximately $18,509,000. NVIDIA comprises 4.5% of Walter Public Investments Inc.’s portfolio, making the stock its 4th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. J. Stern & Co. LLP lifted its holdings in shares of NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after purchasing an additional 124,849,603 shares in the last quarter. Amundi grew its stake in shares of NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after acquiring an additional 12,575,177 shares during the period. SEB Asset Management AB purchased a new position in shares of NVIDIA during the first quarter valued at approximately $1,692,807,000. Employees Provident Fund Board purchased a new position in shares of NVIDIA during the fourth quarter valued at approximately $1,243,336,000. Finally, H&H International Investment LLC lifted its position in NVIDIA by 91.3% during the first quarter. H&H International Investment LLC now owns 13,843,775 shares of the computer hardware maker’s stock valued at $2,414,354,000 after purchasing an additional 6,606,675 shares during the period. 65.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth Several brokerages recently issued reports on NVDA. Itau BBA Securities dropped their target price on shares of NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Needham & Company LLC reiterated a “buy” rating and set a $300.00 target price on shares of NVIDIA in a research note on Friday, September 4th. KGI Securities increased their price target on NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. TD Cowen restated a “buy” rating on shares of NVIDIA in a research note on Tuesday, August 18th. Finally, Wedbush lifted their price objective on NVIDIA from $330.00 to $345.00 and gave the stock an “outperform” rating in a report on Thursday, August 27th. Four equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $324.14.

Get Our Latest Stock Analysis on NVIDIA Key Headlines Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Elon Musk said xAI’s Colossus 2 data center could more than double its NVIDIA chip count by year-end. The facility reportedly already uses 110,000 GB200 and 440,000 GB300 GPUs, reinforcing expectations for large hyperscaler and AI-lab orders. xAI Colossus 2 chip deployment article Positive Sentiment: Industry commentary indicates NVIDIA GPU demand is so strong that even poorly built cloud infrastructure can attract customers at healthy margins. This supports the view that AI compute demand still exceeds available supply. NVIDIA GPU demand article Positive Sentiment: RMX Industries placed an order for NVIDIA H200 GPU systems through Technologent, providing another example of demand for NVIDIA’s data-center products. Super Micro’s shipment of Vera Rubin NVL72 racks also signals that next-generation systems are reaching customers. RMX H200 purchase order article Positive Sentiment: Analysts continue to favor NVIDIA over competing AI-chip names such as Micron and Marvell, citing broader AI exposure, stronger margins and higher returns on equity. Bullish coverage also points to a potential Vera Rubin volume ramp and substantial cloud infrastructure backlogs. Micron versus NVIDIA analysis Neutral Sentiment: Extended U.S.-China trade discussions may eventually improve NVIDIA’s China opportunity, but export restrictions remain unresolved. The stock is also testing important technical levels after a strong recent advance. NVIDIA technical and China outlook article Negative Sentiment: EVP Timothy Teter sold approximately $6.8 million of NVIDIA shares under a pre-arranged Rule 10b5-1 plan. The sale was only about 1.1% of his holdings and does not indicate a fundamental change, but it may weigh on sentiment alongside broader reports of insider profit-taking. NVIDIA insider sale article Negative Sentiment: Higher memory costs are expected to pressure NVIDIA’s gross margins, while rising Treasury yields could compress the valuation of high-growth technology stocks. Investors are therefore balancing exceptional AI demand against increasing supply-chain costs and macroeconomic risk. NVIDIA Trading Up 0.2% Shares of NVIDIA stock opened at $225.07 on Friday. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $236.54. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The company has a market capitalization of $5.42 trillion, a P/E ratio of 28.45, a P/E/G ratio of 1.73 and a beta of 2.22. The company has a fifty day moving average of $216.52 and a 200 day moving average of $205.86.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the previous year, the business earned $1.05 earnings per share. The business’s revenue was up 105.9% on a year-over-year basis. On average, sell-side analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

Insider Buying and Selling In other news, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,460 shares of the business’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. This trade represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. Corporate insiders own 3.94% of the company’s stock.

NVIDIA Company Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Featured Articles Five stocks we like better than NVIDIA Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out Oil May Be Stronger Than It Looks—And Diamondback Is on Sale

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Up Capital Management Inc. grew its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 2.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 148,587 shares of the computer hardware maker’s stock after buying an additional 3,752 shares during the quarter. NVIDIA accounts for about 23.0% of Up Capital Management Inc.’s portfolio, making the stock its largest holding. Up Capital Management Inc.’s holdings in NVIDIA were worth $29,731,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. LightSquare Wealth Management LLC boosted its holdings in NVIDIA by 0.3% during the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock worth $3,741,000 after buying an additional 49 shares in the last quarter. Defender Capital LLC. increased its stake in shares of NVIDIA by 0.7% in the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock valued at $1,507,000 after purchasing an additional 50 shares in the last quarter. Kooman & Associates raised its holdings in NVIDIA by 0.6% in the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock worth $1,694,000 after purchasing an additional 50 shares during the period. Roof Eidam Maycock Peralta LLC boosted its position in NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock worth $3,767,000 after purchasing an additional 50 shares in the last quarter. Finally, Persium Advisors LLC grew its holdings in NVIDIA by 3.5% in the second quarter. Persium Advisors LLC now owns 1,466 shares of the computer hardware maker’s stock valued at $293,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Up 0.2% Shares of NASDAQ:NVDA opened at $225.07 on Friday. The company has a market capitalization of $5.42 trillion, a price-to-earnings ratio of 28.45, a PEG ratio of 1.73 and a beta of 2.22. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The business has a 50-day moving average price of $216.52 and a 200 day moving average price of $205.86. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS 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 analysts’ expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. NVIDIA’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.05 earnings per share. Sell-side analysts expect that NVIDIA Corporation will post 9.25 EPS for the current year. NVIDIA Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA’s dividend payout ratio is currently 12.64%.

Insider Buying and Selling In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares of the company’s stock, valued at $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of the company’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the transaction, the executive vice president owned 2,687,660 shares in the company, valued at $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. 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 quarter, insiders sold 1,766,118 shares of company stock valued at $399,450,353. Company insiders own 3.94% of the company’s stock.

Wall Street Analysts Forecast Growth A number of analysts have recently commented on the company. Wedbush boosted their price objective on NVIDIA from $330.00 to $345.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Zacks Research upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 21st. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price target on shares of NVIDIA in a research note on Friday, September 4th. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a report on Wednesday, August 26th. Finally, Piper Sandler initiated coverage on NVIDIA in a research note on Wednesday, September 9th. They set an “overweight” rating and a $300.00 price objective for the company. Four research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $324.14.

Read Our Latest Research Report on NVDA

Trending Headlines about NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Elon Musk said xAI’s Colossus 2 data center could more than double its NVIDIA chip count by year-end. The facility reportedly already uses 110,000 GB200 and 440,000 GB300 GPUs, reinforcing expectations for large hyperscaler and AI-lab orders. xAI Colossus 2 chip deployment article Positive Sentiment: Industry commentary indicates NVIDIA GPU demand is so strong that even poorly built cloud infrastructure can attract customers at healthy margins. This supports the view that AI compute demand still exceeds available supply. NVIDIA GPU demand article Positive Sentiment: RMX Industries placed an order for NVIDIA H200 GPU systems through Technologent, providing another example of demand for NVIDIA’s data-center products. Super Micro’s shipment of Vera Rubin NVL72 racks also signals that next-generation systems are reaching customers. RMX H200 purchase order article Positive Sentiment: Analysts continue to favor NVIDIA over competing AI-chip names such as Micron and Marvell, citing broader AI exposure, stronger margins and higher returns on equity. Bullish coverage also points to a potential Vera Rubin volume ramp and substantial cloud infrastructure backlogs. Micron versus NVIDIA analysis Neutral Sentiment: Extended U.S.-China trade discussions may eventually improve NVIDIA’s China opportunity, but export restrictions remain unresolved. The stock is also testing important technical levels after a strong recent advance. NVIDIA technical and China outlook article Negative Sentiment: EVP Timothy Teter sold approximately $6.8 million of NVIDIA shares under a pre-arranged Rule 10b5-1 plan. The sale was only about 1.1% of his holdings and does not indicate a fundamental change, but it may weigh on sentiment alongside broader reports of insider profit-taking. NVIDIA insider sale article Negative Sentiment: Higher memory costs are expected to pressure NVIDIA’s gross margins, while rising Treasury yields could compress the valuation of high-growth technology stocks. Investors are therefore balancing exceptional AI demand against increasing supply-chain costs and macroeconomic risk. NVIDIA Company Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Featured Articles Five stocks we like better than NVIDIA Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out Oil May Be Stronger Than It Looks—And Diamondback Is on Sale Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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Nvidia (NVDA +0.22%), the world's most valuable company, is worth around $5.45 trillion as of this writing. The next big round number is $7 trillion. And the gap between them is larger than it sounds: roughly $1.55 trillion, or nearly the full market value of Broadcom (AVGO +0.70%), the $1.69 trillion chip and infrastructure software business.

What would have to be true of Nvidia's revenue, its margins, and its price-to-earnings multiple for the company to add almost a whole Broadcom to its value? And how long could it take?

Image source: Getty Images.

The climb itself looks normalAfter all, fewer than 10 other companies in the world are worth more than the gap itself. At Nvidia's size, even a modest-sounding percentage gain today matches an entire giant company.

Step back, though, and the climb looks smaller than the dollars suggest. From around $225 as I write this, a $7 trillion market cap comes out to around $290 a share -- a rise of around 28%.

For context, shares have climbed 37% from their 52-week low, and they now trade within around 5% of their 52-week high. I'd say nothing about a 28% move is unusual for this stock.

Growth already on paperNvidia's latest results make the growth requirement seem nearly routine. Revenue in the fiscal 2027 second quarter (the period ended July 26, 2026) came to $96.2 billion, up 106% over a year earlier. This pace was even faster than the fiscal first quarter's 85% year-over-year growth. The data center business made up $89 billion of the total. And net income, at $59.7 billion, rose 126% year over year.

"Now, compute is revenue," said CEO Jensen Huang in the company's second-quarter earnings release.

The forecasts go far past the quarter. Guidance for the fiscal third quarter is $108 billion in revenue, around 12% above fiscal Q2. And on the company's late-August earnings call, CFO Colette Kress said Nvidia expects revenue to rise roughly 70% in fiscal 2028, the year ending in January 2028. She called it "a supply-constrained outlook." Put another way, the limit is manufacturing capacity, not customer demand.

Analysts' consensus already has fiscal 2027 revenue coming in around $412 billion. Grow that by roughly 70%, and fiscal 2028 lands somewhere around $700 billion.

Margins might not change the picture much, either. On the call, Kress said gross margins should bottom between 71% and 72% in the fiscal fourth quarter and then settle at 72% to 73% in fiscal 2028 as price hikes kick in. That'd be a drop from the fiscal second quarter's 75%, though a small one.

When might it happen?Nvidia's stock costs around 14 times forward earnings today, using analysts' fiscal 2028 estimates. At $290 per share, that forward price-to-earnings multiple would sit closer to 18 -- around what Broadcom gets today on the same basis.

Fiscal 2028 ends in January 2028, roughly 16 months from now. If Nvidia delivers the year it has forecast, and the market prices those earnings the way it prices Broadcom's today, $7 trillion arrives somewhere on that timeline.

The stock could also get there without any increase in its price-to-earnings multiple. Hold that multiple of expected earnings flat, and shares hit $290 when expectations for fiscal 2029 are around 28% over fiscal 2028's. Next to this fiscal year's expected 90% revenue growth and next year's forecast 70%, that would arguably be a low bar. But nothing about fiscal 2029 is guided yet. And estimates that far out can change a lot.

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Of course, the valuation multiple is also the half Nvidia doesn't control. Shares have risen roughly 21% in 2026 as of this writing, a year when quarterly profit more than doubled. That mismatch is the price-to-earnings multiple shrinking, quarter by quarter.

If the shrinking continues at anything like this year's pace, no forecast growth rate could take the stock to $7 trillion on this timeline.

In the end, what separates this milestone from past ones is that the growth to support it is already forecast. Reaching $7 trillion doesn't need a reacceleration or a richer valuation than Broadcom gets today.

I think the earnings will show up more or less as forecast. What the market chooses to pay for them is another question.

Meta Platforms (META -3.38%), the parent company of Facebook, has lagged broader equities over the past 12 months. One reason for its poor performance is that some investors worry about the company's heavy spending on artificial intelligence (AI). If Meta's investments fail to yield the returns it hopes for, the tech giant's revenue growth could slow while its profits and margins shrink. In fact, during the second quarter, Meta's net income and free cash flow declined meaningfully year over year.

However, more recent developments suggest Meta's strategy might pay off after all. Here's what investors should know.

Image source: The Motley Fool.

Meta's popular AI agentOn Sept. 8, Meta Platforms released Muse, an AI agent designed to help people accomplish various tasks by constantly working in the background. Muse goes beyond the question-and-answer format of AI chatbots and can proactively work toward goals and take things off its users' to-do lists. The release of Muse was hardly a surprise. Meta's CEO, Mark Zuckerberg, had explicitly said that his vision of AI included personalized agents. But would people embrace this vision? We now have a tentative answer to that question, and it is in the affirmative.

Five days after Muse's release, it topped the U.S. App Store's list of the most popular free apps. It had already recorded about 730,000 downloads. This provides some evidence that AI agents could become highly popular. Meta's spending on AI infrastructure enabled the company to build increasingly capable AI models, which now power products such as Muse, a sophisticated AI agent. But this could only be the beginning for Meta Platforms. We can likely expect Muse to become increasingly capable, and perhaps Meta will launch other AI agents in the future.

How could this affect the company's financial results? Muse is free to download and use within certain limits; beyond that, there are paid subscription tiers. Provided Meta can get enough paid subscribers, it could become a meaningful source of revenue for the company. We are not there yet, of course, but these recent developments paint a much brighter future for Meta than its stock performance over the past 12 months suggests. It's not surprising that the stock has soared by more than 20% since it released Muse.

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Meta's AI spending has been intentional, and although it has weighed on short-term profits and free cash flow (with other factors also affecting its recent profitability), the company is now showing the potential of its strategy. There could be more in the near future. Meta has reportedly been looking to sell excess AI computing capacity. Management pointed out that, given the current demand for these services, the company could sell compute at a significant premium over what it paid for it.

Meanwhile, the core advertising business remains healthy, and Meta continues to grow its ecosystem. Second-quarter revenue increased by 28% year over year to $60.8 billion, while daily active people came in at 3.60 billion, 3% higher than the year-ago period. Meta's deep ecosystem is a strong competitive advantage, offering it numerous monetization opportunities. Lastly, the company has moved closer to addressing another issue.

Meta has faced lawsuits over alleged social media harm, but it recently reached a settlement with many of the plaintiffs. Meta agreed to pay about $18 billion over a 10-year period -- a fairly small amount for a company that generates more than $60 billion in annual profits -- and put more guardrails on its websites and apps to protect young users. For all those reasons, Meta's stock looks attractive for investors willing to hold onto it for the long term.

The best Magnificent Seven stock?Meta might be an attractive stock to buy, but whether it's the best Magnificent Seven stock right now is another question. The Magnificent Seven group includes Amazon (AMZN -0.03%), Apple (AAPL +1.31%), Alphabet (GOOG +0.66%) (GOOGL +0.54%), Microsoft (MSFT +3.74%), Nvidia (NVDA -0.28%), and Tesla (TSLA -1.57%). Some of them are performing particularly well, even as they have also declined meaningfully over the past 12 months. That's the case with Microsoft, for instance. Meanwhile, the likes of Alphabet and Nvidia are seeing accelerating sales growth and boast outstanding medium-term prospects, given the AI industry's rapid expansion.

We could also point out Apple's recent launch of the iPhone 18 and the iPhone Duo, its first foldable smartphone, which may prove extremely popular. Is Meta really a better stock to buy than all of them? I don't think so. Nvidia in particular looks highly attractive. It has a near-impregnable moat in its core GPU (graphics processing unit) market, continues to post outstanding results, and has expanded its product portfolio to capitalize on the agentic AI boom. Yet, the market still underestimates the semiconductor specialist.

Meta and Nvidia are both in my portfolio, but if I had to pick just one to double down on right now, it would be the latter.