Seaport Global initiated coverage of NVIDIA with a Sell recommendation, forecasting revenue and EPS decreases.
From Nasdaq: 2025-04-30 20:04:00
Seaport Global has initiated coverage of NVIDIA (NasdaqGS:NVDA) with a Sell recommendation on April 30, 2025. The average one-year price target for NVIDIA is $169.04/share, with an upside of 55.40% from its latest closing price of $108.78/share. Analysts forecast a 68.97% decrease in annual revenue and an 18.98% decrease in non-GAAP EPS.
There are 7,260 funds or institutions reporting positions in NVIDIA, indicating a 7.10% increase in ownership in the last quarter. The average portfolio weight for NVDA is 3.09%, up by 17.04%. Total shares owned by institutions increased by 3.04% to 18,235,939K shares. The put/call ratio for NVDA is 0.96, signaling a bullish outlook.
Key shareholders include Vanguard Total Stock Market Index Fund Investor Shares, Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Jpmorgan Chase, and Price T Rowe Associates. These firms have made adjustments to their portfolio allocations in NVDA, with increases ranging from 1.70% to 11.73% over the last quarter.
NVIDIA is known for pioneering GPU-accelerated computing in the gaming, visualization, data center, and automotive markets. Their products cater to gamers, designers, and scientists, positioning them at the forefront of technological advancements.
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