NVIDIANVDA
Market Cap: 2.78T
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 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
124 analyst ratings
Loop Capital Ananda Baruah | 55%upside $175 | Buy Maintained | 22 Jul 2024 |
Piper Sandler Harsh Kumar | 24%upside $140 | Overweight Maintained | 22 Jul 2024 |
TD Cowen Matthew Ramsay | 46%upside $165 | Buy Maintained | 15 Jul 2024 |
Benchmark Cody Acree | 50%upside $170 | Buy Maintained | 12 Jul 2024 |
Keybanc John Vinh | 59%upside $180 | Overweight Maintained | 9 Jul 2024 |
Financial journalist opinion
Based on 675 articles about NVDA published over the past 30 days