KeyCorp stock analysts started covering NVIDIA (NASDAQ: NVDA) stocks on 20th May, Thursday. They have issued a rating of “sector weight” while setting a target price of $700. This represents a 19.76% potential upside from the current price of the company.
Stock Commentary Of NVDA
Several research analysts have issued their reports on NVDA stock as well. Deutsche Bank Aktiengesellschaft upped their objective price to $575 from $560 while issuing a rating of “hold” on 19th April, Monday. Piper Sandler upped their objective price to $625 from $575 while issuing a rating of “overweight” on 3rd March, Wednesday. Raymond James increased their rating to “strong-buy” from “outperform” while increasing their objective price to $750 from $700 on 21st April, Wednesday. Cowen upped their objective price to $675 from $650 while issuing a rating of “outperform” on 19th April, Monday. Needham & Company LLC increased their target price to $800 from $700 while issuing a rating of “buy” on 3rd March, Wednesday.
On Thursday, the opening value of NVDA stock was $584.50. The highest and lowest value of the stock over a period of one year stands at $648.57 and $319.87 respectively. The moving average of the stock over a period of 50 days stands at $587.80 while for 200 days it stands at $548.56. The market capitalization value stands at $363.78B with a 1.45 beta.
The latest data of its quarterly earnings was posted on 23rd February, Tuesday. An EPS of $3.10 was reported overshooting the consensus $2.81 estimate.
Mark L. Perry, a Director, sold off 6104 NVDA shares on 5th April, Monday at a $556.58 average price per share. Persis Drell, another Director, sold off 1200 shares on 12th April, Monday at a $587.53 average price per share.
Cim Investment Management Inc., Advisory Alpha LLC, Slow Capital Inc., and Optiver Holding B.V. all increased their shares of the stock.