NVDA stock icon

NVIDIA
NVDA

$129.24
1.95%
 

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 6,702 funds
0
Analysts bullish %
of 124 analysts
0
News positive %
of 935 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

136% more first-time investments, than exits

New positions opened: 451 | Existing positions closed: 191

75% more capital invested

Capital invested by funds: $808B [Q4 2023] → $1.41T (+$606B) [Q1 2024]

41% more funds holding in top 10

Funds holding in top 10: 1,048 [Q4 2023] → 1,477 (+429) [Q1 2024]

7% more funds holding

Funds holding: 3,899 [Q4 2023] → 4,159 (+260) [Q1 2024]

5% less call options, than puts

Call options by funds: $120B | Put options by funds: $126B

3.03% less ownership

Funds ownership: 66.04% [Q4 2023] → 63.01% (-3.03%) [Q1 2024]

18% less repeat investments, than reductions

Existing positions increased: 1,575 | Existing positions reduced: 1,918

Research analyst outlook

124 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$62
52%
downside
Avg. target
$119
8%
downside
High target
$1,000
674%
upside

124 analyst ratings

120 positive
97%
neutral
3%
negative
0%
Benchmark
Cody Acree
32%upside
$170
Buy
Maintained
12 Jul 2024
Keybanc
John Vinh
39%upside
$180
Overweight
Maintained
9 Jul 2024
UBS
Timothy Arcuri
16%upside
$150
Buy
Maintained
8 Jul 2024
Morgan Stanley
Joseph Moore
11%upside
$144
Overweight
Maintained
1 Jul 2024
Truist Securities
William Stein
8%upside
$140
Buy
Reiterated
27 Jun 2024

Financial journalist opinion

Based on 935 articles about NVDA published over the past 30 days