DA Davidson Has Strong Forecast for NVIDIA FY2026 Earnings

NVIDIA Co. (NASDAQ:NVDA) – Stock analysts at DA Davidson boosted their FY2026 earnings estimates for NVIDIA in a research report issued to clients and investors on Thursday, January 9th. DA Davidson analyst G. Luria now forecasts that the computer hardware maker will post earnings of $3.61 per share for the year, up from their previous estimate of $2.95. DA Davidson has a “Neutral” rating and a $135.00 price objective on the stock. The consensus estimate for NVIDIA’s current full-year earnings is $2.78 per share.

A number of other brokerages also recently issued reports on NVDA. Morgan Stanley raised their price target on shares of NVIDIA from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Barclays increased their price objective on shares of NVIDIA from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Citigroup lifted their target price on shares of NVIDIA from $170.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. The Goldman Sachs Group increased their price target on NVIDIA from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Melius Research lifted their price objective on NVIDIA from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating, thirty-nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.27.

NVIDIA Trading Down 2.0 %

NVIDIA stock opened at $133.23 on Monday. NVIDIA has a one year low of $54.74 and a one year high of $153.13. The business’s fifty day moving average is $139.84 and its 200 day moving average is $128.76. The stock has a market capitalization of $3.26 trillion, a PE ratio of 52.43, a price-to-earnings-growth ratio of 2.43 and a beta of 1.64. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.12. The business had revenue of $35.08 billion for the quarter, compared to analysts’ expectations of $33.15 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The firm’s quarterly revenue was up 93.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.38 EPS.

Hedge Funds Weigh In On NVIDIA

Several hedge funds have recently added to or reduced their stakes in the company. Lantz Financial LLC boosted its stake in shares of NVIDIA by 833.1% during the second quarter. Lantz Financial LLC now owns 41,188 shares of the computer hardware maker’s stock valued at $5,088,000 after purchasing an additional 36,774 shares during the period. Ironwood Wealth Management LLC. boosted its position in NVIDIA by 896.9% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 6,330 shares of the computer hardware maker’s stock valued at $782,000 after buying an additional 5,695 shares during the period. Planned Solutions Inc. boosted its position in NVIDIA by 775.0% in the 2nd quarter. Planned Solutions Inc. now owns 11,620 shares of the computer hardware maker’s stock valued at $1,436,000 after buying an additional 10,292 shares during the period. Family Firm Inc. grew its stake in NVIDIA by 900.6% in the 2nd quarter. Family Firm Inc. now owns 53,191 shares of the computer hardware maker’s stock worth $6,571,000 after acquiring an additional 47,875 shares in the last quarter. Finally, Advisory Resource Group increased its position in shares of NVIDIA by 793.6% during the second quarter. Advisory Resource Group now owns 16,604 shares of the computer hardware maker’s stock worth $2,051,000 after acquiring an additional 14,746 shares during the period. 65.27% of the stock is currently owned by institutional investors.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 36,462 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $151.10, for a total transaction of $5,509,408.20. Following the transaction, the executive vice president now owns 3,902,888 shares in the company, valued at $589,726,376.80. The trade was a 0.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Tench Coxe sold 1,000,000 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $131.26, for a total transaction of $131,260,000.00. Following the completion of the sale, the director now directly owns 28,671,360 shares in the company, valued at approximately $3,763,402,713.60. This represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,108,348 shares of company stock valued at $146,506,958 over the last 90 days. 4.23% of the stock is owned by corporate insiders.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 5th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.03%. The ex-dividend date of this dividend was Thursday, December 5th. NVIDIA’s dividend payout ratio is presently 1.57%.

About NVIDIA

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.