<div id="readability-page-1"><p><span>NVIDIA (NASDAQ:NVDA - Get Free Report)</span>'s stock had its &#34;buy&#34; rating reiterated by research analysts at Needham &amp; Company LLC in a research note issued to investors on Thursday,Benzinga reports. They currently have a $200.00 price target on the computer hardware maker's stock. Needham &amp; Company LLC's price target indicates a potential upside of 10.13% from the stock's current price.</p><ul><li>Buffett’s Wisdom Could Spell Trouble for Palantir Shorts</li></ul><p>Other equities research analysts also recently issued research reports about the stock. The Goldman Sachs Group started coverage on shares of NVIDIA in a research report on Thursday, July 10th. They set a &#34;buy&#34; rating and a $185.00 price objective for the company. Oppenheimer  reissued an &#34;outperform&#34; rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Thursday. Seaport Res Ptn raised shares of NVIDIA to a &#34;strong sell&#34; rating in a research report on Wednesday, April 30th. Citigroup  reissued a &#34;buy&#34; rating on shares of NVIDIA in a research report on Thursday. Finally, Raymond James Financial boosted their price objective on shares of NVIDIA from $150.00 to $165.00 and gave the stock a &#34;strong-buy&#34; rating in a research report on Thursday, May 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued  a Buy rating, five have given a Hold rating and one  has issued  a Sell rating to the company. Based on data from MarketBeat, NVIDIA  has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $198.19.</p><p><b>Check Out Our Latest Research Report on NVDA</b></p><h2>NVIDIA Stock Down 0.1%</h2><ul><li>AI Exposure Without the Hype: 3 ETFs That Offer Smarter AI Bets</li></ul><p>Shares of NVDA stock opened at $181.60 on Thursday. The firm has a fifty day moving average of $169.53 and a 200-day moving average of $138.41. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. NVIDIA has a 12-month low of $86.62 and a 12-month high of $184.48. The company has a market capitalization of $4.43 trillion, a price-to-earnings ratio of 58.58, a P/E/G ratio of 1.59 and a beta of 2.14. </p><p>NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The company had revenue of $44.06 billion for the quarter, compared to the consensus estimate of $43.09 billion. During the same period in the prior year, the company earned $0.61 EPS. The firm's revenue was up 69.2% on a year-over-year basis.  As a group, equities research analysts predict that  NVIDIA will post 2.77 earnings per share for the current fiscal year. </p><h2>Insider Activity</h2><ul><li>Equal Weight ETFs: Hidden Upside in Today’s Market</li></ul><p>In related news, Director Tench Coxe sold 1,000,000 shares of the firm's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $142.80, for a total value of $142,800,000.00. Following the completion of the transaction, the director directly owned 26,671,360 shares of the company's stock, valued at approximately $3,808,670,208. This trade represents a 3.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 935,000 shares of the firm's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the completion of the transaction, the director directly owned 9,214,697 shares of the company's stock, valued at $1,298,535,101.24. This represents a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,912,440 shares of company stock valued at $902,886,782 over the last three months. Corporate insiders own  4.17% of the company's stock. </p><h2>Hedge Funds Weigh In On NVIDIA</h2><p>Several hedge funds and other institutional investors have recently made changes to their positions in NVDA. FMR LLC raised its stake in  NVIDIA by 0.7% in the 4th quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker's stock valued at $134,877,735,000 after acquiring an additional 6,665,252 shares during the period.  State Street Corp boosted its stake in  NVIDIA by 1.0% in the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker's stock valued at $154,556,803,000 after purchasing an additional 9,554,857 shares during the period.  Geode Capital Management LLC boosted its stake in  NVIDIA by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock valued at $91,150,170,000 after purchasing an additional 8,521,936 shares during the period.  Price T Rowe Associates Inc. MD boosted its stake in  NVIDIA by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker's stock valued at $55,237,367,000 after purchasing an additional 3,721,331 shares during the period.  Finally, Kingstone Capital Partners Texas LLC boosted its stake in  NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the period. 65.27% of the stock is owned by institutional investors. </p><h2>About NVIDIA</h2> (Get Free Report)<p>NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.</p><h2>Read More</h2><ul><li>Five stocks we like better than NVIDIA</li><li>How to Read Stock Charts for Beginners</li><li>The Uber Eats Partnership Fueling Serve Robotics' Growth</li><li>Investing in Construction Stocks</li><li>Amazon’s Chart Just Flashed a Pennant Pattern—Here’s What to Do</li><li>3 Best Fintech Stocks for a Portfolio Boost</li><li>3 Undervalued Stocks Analysts Are Loving Right Now—Should You?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TlZEQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TlZEQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in NVIDIA Right Now?</h2><p>Before you consider NVIDIA, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVIDIA wasn't on the list.</p><p>While NVIDIA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Needham & Company LLC has reaffirmed a "buy" rating for NVIDIA (NASDAQ:NVDA) with a price target of $200.00, indicating a potential upside of 10.13%. Other analysts have also issued ratings, with Goldman Sachs setting a target of $185.00 and Oppenheimer raising theirs to $225.00. NVIDIA's stock opened at $181.60, with a market cap of $4.43 trillion and a P/E ratio of 58.58. The company reported $44.06 billion in revenue for the last quarter, up 69.2% year-over-year, despite missing EPS estimates.</p>

- NVIDIA's stock received a "buy" rating from Needham & Company with a price target of $200.00, indicating a potential upside of 10.13%.  
- Other analysts have varied ratings, with Goldman Sachs setting a target of $185.00 and Oppenheimer raising theirs to $225.00.  
- The company reported $44.06 billion in revenue for the last quarter, surpassing estimates, while its earnings per share were $0.81, missing the consensus by $0.06.

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