NVIDIANVDA
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
23,559% more repeat investments, than reductions
Existing positions increased: 4,022 | Existing positions reduced: 17
115% more first-time investments, than exits
New positions opened: 361 | Existing positions closed: 168
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: 1,495 [Q1] → 1,754 (+259) [Q2]
5% more funds holding
Funds holding: 4,225 [Q1] → 4,418 (+193) [Q2]
0.41% less ownership
Funds ownership: 64.44% [Q1] → 64.04% (-0.41%) [Q2]
18% less call options, than puts
Call options by funds: $119B | Put options by funds: $145B
Research analyst outlook
36 Wall Street Analysts provided 1 year price targets over the past 3 months
36 analyst ratings
B of A Securities Vivek Arya 59% 1-year accuracy 26 / 44 met price target | 33%upside $190 | Buy Maintained | 18 Oct 2024 |
Goldman Sachs Toshiya Hari 68% 1-year accuracy 39 / 57 met price target | 5%upside $150 | Buy Maintained | 11 Oct 2024 |
Morgan Stanley Joseph Moore 61% 1-year accuracy 23 / 38 met price target | 5%upside $150 | Overweight Reiterated | 10 Oct 2024 |
Cantor Fitzgerald C J Muse 59% 1-year accuracy 39 / 66 met price target | 23%upside $175 | Overweight Reiterated | 8 Oct 2024 |
UBS Timothy Arcuri 70% 1-year accuracy 19 / 27 met price target | 5%upside $150 | Buy Reiterated | 8 Oct 2024 |
Financial journalist opinion
Based on 659 articles about NVDA published over the past 30 days
