TLDR
- CEO Huang Jen Hsun sold 223,000 Nvidia shares worth $40.2 million in late September
- Barclays raised price target to $240 citing $2 trillion AI infrastructure spending forecast
- Citi analyst lifted target to $210 following Rubin CPX GPU launch
- Stock trades near 52-week high of $184.55 with $4.42 trillion market cap
- Company revenue jumped 71.55% over past twelve months
Nvidia CEO Huang Jen Hsun offloaded $40.2 million in company stock during the final week of September. The executive sold 223,000 shares across three trading days.
The sales took place on September 25, 26, and 29. Share prices ranged from $173.847 to $183.546 during the transactions.
Huang executed the trades through a pre-arranged Rule 10b5-1 trading plan. He established this plan back on March 20, 2025.
After the sales, the CEO still owns 71,233,203 Nvidia shares directly. The transactions represent a small fraction of his total holdings.
Wall Street Raises the Bar
Barclays set the highest price target at $240 per share. The investment firm expects over $2 trillion in AI infrastructure spending.
Citi analyst Atif Malik bumped his target to $210 while keeping a Buy rating. He highlighted the recent Rubin CPX GPU launch as a competitive advantage.
Malik adjusted his quarterly sales estimates higher. The changes reflect expected increases in AI infrastructure investment.
Jefferies maintains a Buy rating with a $220 price target. Mizuho holds an Outperform rating at $205 following Nvidia’s OpenAI investment.
The $100 billion OpenAI investment will fund up to 10GW of AI data center capacity. This move strengthens Nvidia’s position in the AI market.
Stock Performance and Growth
Nvidia stock currently trades near its 52-week high of $184.55. The company’s market valuation stands at $4.42 trillion.
Revenue growth hit 71.55% over the last twelve months. InvestingPro analysis shows the stock trading above Fair Value.
Malik noted that management remains confident in their execution strategy. The company continues to address the GPU versus ASIC market debate.
The upcoming GTC Washington event could boost investor sentiment. Malik believes this conference may serve as a positive catalyst.
Malik’s track record includes a 75.38% success rate on stock picks. His recommendations average a 34.6% return.
Nvidia’s strategic moves include investments in major AI infrastructure projects. The company supports large-scale data center buildouts across multiple partners.
Citi forecasts reflect growing demand for AI computing power. Multiple Wall Street firms see room for further stock appreciation based on hardware spending trends.
The Rubin CPX GPU launch positions Nvidia against emerging competition. Management’s roadmap execution remains a key factor in analyst confidence.
