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 Q3 regulatory filings by fund managers ($100M+ AUM)
109% more first-time investments, than exits
New positions opened: 242 | Existing positions closed: 116
25% more repeat investments, than reductions
Existing positions increased: 2,247 | Existing positions reduced: 1,801
1% more funds holding
Funds holding: 4,456 [Q2] → 4,521 (+65) [Q3]
2% less funds holding in top 10
Funds holding in top 10: 1,767 [Q2] → 1,740 (-27) [Q3]
2.93% less ownership
Funds ownership: 67.28% [Q2] → 64.35% (-2.93%) [Q3]
5% less capital invested
Capital invested by funds: $2.04T [Q2] → $1.94T (-$107B) [Q3]
23% less call options, than puts
Call options by funds: $106B | Put options by funds: $138B
Research analyst outlook
29 Wall Street Analysts provided 1 year price targets over the past 3 months
29 analyst ratings
Rosenblatt Hans Mosesmann 59% 1-year accuracy 41 / 70 met price target | 66%upside $220 | Buy Maintained | 8 Jan 2025 |
Benchmark Cody Acree 64% 1-year accuracy 23 / 36 met price target | 43%upside $190 | Buy Reiterated | 7 Jan 2025 |
DA Davidson Gil Luria 63% 1-year accuracy 29 / 46 met price target | 2%upside $135 | Neutral Maintained | 22 Nov 2024 |
Phillip Securities Yik Ban Chong 100% 1-year accuracy 1 / 1 met price target | 20%upside $160 | Accumulate Downgraded | 22 Nov 2024 |
Truist Securities William Stein 59% 1-year accuracy 23 / 39 met price target | 27%upside $169 | Buy Maintained | 21 Nov 2024 |
Financial journalist opinion
Based on 672 articles about NVDA published over the past 30 days
