Fintel reports that on November 12, 2024, Redburn Atlantic initiated coverage of NVIDIA (BIT:1NVDA) with a Buy recommendation.
Analyst Price Forecast Suggests 2.37% Upside
As of October 22, 2024, the average one-year price target for NVIDIA is €139.87/share. The forecasts range from a low of €70.07 to a high of €195.93. The average price target represents an increase of 2.37% from its latest reported closing price of €136.64 / share.
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The projected annual revenue for NVIDIA is 94,037MM, a decrease of 2.36%. The projected annual non-GAAP EPS is 20.91.
What is the Fund Sentiment?
There are 6,549 funds or institutions reporting positions in NVIDIA. This is an increase of 164 owner(s) or 2.57% in the last quarter. Average portfolio weight of all funds dedicated to 1NVDA is 3.24%, an increase of 4.32%. Total shares owned by institutions increased in the last three months by 282.80% to 17,583,505K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 738,297K shares representing 3.01% ownership of the company. In its prior filing, the firm reported owning 74,656K shares , representing an increase of 89.89%. The firm increased its portfolio allocation in 1NVDA by 31.49% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 631,333K shares representing 2.57% ownership of the company. In its prior filing, the firm reported owning 62,245K shares , representing an increase of 90.14%. The firm increased its portfolio allocation in 1NVDA by 31.27% over the last quarter.
Geode Capital Management holds 546,079K shares representing 2.23% ownership of the company. In its prior filing, the firm reported owning 534,554K shares , representing an increase of 2.11%. The firm decreased its portfolio allocation in 1NVDA by 51.50% over the last quarter.
Price T Rowe Associates holds 444,582K shares representing 1.81% ownership of the company. In its prior filing, the firm reported owning 46,150K shares , representing an increase of 89.62%. The firm increased its portfolio allocation in 1NVDA by 28.59% over the last quarter.
Jpmorgan Chase holds 406,709K shares representing 1.66% ownership of the company. In its prior filing, the firm reported owning 390,779K shares , representing an increase of 3.92%. The firm decreased its portfolio allocation in 1NVDA by 5.07% over the last quarter.
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