Analyst at Fintel reports Rosenblatt maintains a Buy recommendation for NVIDIA (NASDAQ:NVDA) on May 25, 2023. The average one-year price target for NVIDIA is 294.65, with a forecasted 3.51% downside. The projected annual revenue for NVIDIA is 30,001MM, with an increase of 11.22% in EPS to 4.40. Fund sentiment shows an increase in positions by 7.68% to 4850 funds with a bearish put/call ratio of 1.08.
Vanguard Total Stock Market Index Fund Investor Shares holds 71,043K shares of NVIDIA, representing 2.87% ownership with an increase of 0.27%. Vanguard 500 Index Fund Investor Shares holds 57,562K shares, a 2.33% ownership with an increase of 1.39%. Price T Rowe Associates holds 56,464K shares, a 2.28% ownership with a decrease of 0.87%. Geode Capital Management holds 46,056K shares, a 1.86% ownership with an increase of 0.58%. Invesco Qqq Trust, Series 1 holds 32,817K shares, a 1.33% ownership with an increase of 5.49%.
NVIDIA, a pioneer in GPU-accelerated computing, specializes in products for gaming, visualization, data center, and automotive markets. NVIDIA’s technology is used by gamers, designers, and scientists, playing a key role in major technology trends. This news originally appeared on Fintel.
Read more at Nasdaq: Rosenblatt Maintains NVIDIA (NVDA) Buy Recommendation
