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)
111% more first-time investments, than exits
New positions opened: 243 | Existing positions closed: 115
25% more repeat investments, than reductions
Existing positions increased: 2,249 | Existing positions reduced: 1,802
2% more funds holding
Funds holding: 4,457 [Q2] → 4,524 (+67) [Q3]
1% less funds holding in top 10
Funds holding in top 10: 1,767 [Q2] → 1,742 (-25) [Q3]
2.93% less ownership
Funds ownership: 67.28% [Q2] → 64.35% (-2.93%) [Q3]
6% less capital invested
Capital invested by funds: $2.04T [Q2] → $1.91T (-$132B) [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
Barclays Blayne Curtis 52% 1-year accuracy 24 / 46 met price target | 27%upside $175 | Overweight Maintained | 17 Jan 2025 |
HSBC Frank Lee 60% 1-year accuracy 6 / 10 met price target | 34%upside $185 | Buy Maintained | 13 Jan 2025 |
Rosenblatt Hans Mosesmann 56% 1-year accuracy 39 / 70 met price target | 60%upside $220 | Buy Maintained | 8 Jan 2025 |
Benchmark Cody Acree 67% 1-year accuracy 24 / 36 met price target | 38%upside $190 | Buy Reiterated | 7 Jan 2025 |
DA Davidson Gil Luria 63% 1-year accuracy 29 / 46 met price target | 2%downside $135 | Neutral Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 658 articles about NVDA published over the past 30 days