NVDA stock icon

NVIDIA
NVDA

$102.83
4.4%

Market Cap: $2.52T

 

About: Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

Employees: 29,600

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 51 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

22,139% more repeat investments, than reductions

Existing positions increased: 4,003 | Existing positions reduced: 18

101% more first-time investments, than exits

New positions opened: 357 | Existing positions closed: 178

35% more capital invested

Capital invested by funds: $1.45T [Q1] → $1.94T (+$499B) [Q2]

17% more funds holding in top 10

Funds holding in top 10: 1,493 [Q1] → 1,741 (+248) [Q2]

4% more funds holding

Funds holding: 4,216 [Q1] → 4,395 (+179) [Q2]

0.42% less ownership

Funds ownership: 64.44% [Q1] → 64.02% (-0.42%) [Q2]

18% less call options, than puts

Call options by funds: $119B | Put options by funds: $145B

Research analyst outlook

51 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$90
12%
downside
Avg. target
$152
48%
upside
High target
$200
94%
upside

51 analyst ratings

49 positive
96%
neutral
4%
negative
0%
B of A Securities
Vivek Arya
44% 1-year accuracy
24 / 54 met price target
60%upside
$165
Buy
Reiterated
5 Sept 2024
Bernstein
Stacy Rasgon
57% 1-year accuracy
4 / 7 met price target
51%upside
$155
Outperform
Maintained
29 Aug 2024
Piper Sandler
Harsh Kumar
53% 1-year accuracy
18 / 34 met price target
36%upside
$140
Overweight
Maintained
29 Aug 2024
Wedbush
Matt Bryson
37% 1-year accuracy
15 / 41 met price target
34%upside
$138
Outperform
Reiterated
29 Aug 2024
Cantor Fitzgerald
C J Muse
36% 1-year accuracy
24 / 66 met price target
70%upside
$175
Overweight
Reiterated
29 Aug 2024

Financial journalist opinion

Based on 1044 articles about NVDA published over the past 30 days