NVDA stock icon

NVIDIA
NVDA

$118.11
7.92%
 

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 118 analysts
0
News positive %
of 1,089 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

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

Low target
$41
65%
downside
Avg. target
$108
8%
downside
High target
$200
69%
upside

118 analyst ratings

113 positive
96%
neutral
4%
negative
0%
Jefferies
Blayne Curtis
27%upside
$150
Buy
Maintained
24 Jun 2024
Melius Research
Ben Reitzes
35%upside
$160
Buy
Maintained
21 Jun 2024
Tigress Financial
Ivan Feinseth
44%upside
$170
Buy
Maintained
18 Jun 2024
Wells Fargo
Aaron Rakers
31%upside
$155
Overweight
Maintained
18 Jun 2024
Rosenblatt
Hans Mosesmann
69%upside
$200
Buy
Maintained
18 Jun 2024

Financial journalist opinion

Based on 1089 articles about NVDA published over the past 30 days