NVDA stock icon

NVIDIA
NVDA

$1,064.69
2.99%
 

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 6,665 funds
0
Analysts bullish %
of 104 analysts
0
News positive %
of 676 articles

Fund manager confidence

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

113% more first-time investments, than exits

New positions opened: 444 | Existing positions closed: 208

75% more capital invested

Capital invested by funds: $808B [Q4 2023] → $1.41T (+$602B) [Q1 2024]

40% more funds holding in top 10

Funds holding in top 10: 1,048 [Q4 2023] → 1,469 (+421) [Q1 2024]

6% more funds holding

Funds holding: 3,896 [Q4 2023] → 4,132 (+236) [Q1 2024]

7% less call options, than puts

Call options by funds: $78.4B | Put options by funds: $84.5B

3.21% less ownership

Funds ownership: 66.05% [Q4 2023] → 62.84% (-3.21%) [Q1 2024]

18% less repeat investments, than reductions

Existing positions increased: 1,566 | Existing positions reduced: 1,908

Research analyst outlook

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

Low target
$410
61%
downside
Avg. target
$1,035
3%
downside
High target
$1,400
31%
upside

104 analyst ratings

99 positive
95%
neutral
5%
negative
0%
Citigroup
Atif Malik
18%upside
$1260
Buy
Maintained
23 May 2024
Deutsche Bank
Ross Seymore
6%downside
$1000
Hold
Maintained
23 May 2024
Craig-Hallum
Richard Shannon
17%upside
$1250
Buy
Maintained
23 May 2024
Wedbush
Matt Bryson
13%upside
$1200
Outperform
Maintained
23 May 2024
TD Cowen
Matthew Ramsay
13%upside
$1200
Buy
Maintained
23 May 2024

Financial journalist opinion

Based on 676 articles about NVDA published over the past 30 days