Wedbush maintains coverage of NVIDIA (NASDAQ:NVDA) with an Outperform recommendation, projecting an 8.24% upside. The average one-year price target for NVIDIA is $509.98, with a range from $371.89 to $805.35. The company declared a regular quarterly dividend of $0.04 per share on May 24, 2023. The stock’s dividend yield is currently 0.03%. Looking back five years, the average dividend yield for NVIDIA has been 0.18%. The company’s dividend payout ratio is 0.04, indicating room for potential growth. 5206 funds or institutions hold positions in NVIDIA, with an average portfolio weight of 1.81%. The put/call ratio of NVDA is 0.99, signaling a bullish outlook. VTSMX, VFINX, Price T Rowe Associates, Geode Capital Management, and Jpmorgan Chase are among the major shareholders of NVIDIA, with varying ownership percentages. NVIDIA is a pioneer in GPU-accelerated computing, catering to gaming, professional visualization, data center, and automotive markets. Fintel offers comprehensive investing research and exclusive stock picks powered by advanced quantitative models.
Read more at Nasdaq: Wedbush Maintains NVIDIA (NVDA) Outperform Recommendation
