Chip giant Nvidia (NVDA) is scheduled to announce its results for the third quarter of Fiscal 2026 on November 19. While NVDA stock has been under pressure recently due to concerns about the valuation of artificial intelligence (AI) plays and rising competition, most Wall Street analysts remain bullish heading into Q3 earnings due to robust demand for the company’s GPUs (graphics processing units).
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Aside from Nvidia’s dominant position in the AI GPU market, analysts’ optimism about the company’s growth potential is also backed by its strategic deals, including a $5 billion investment in Intel (INTC) and the $100 billion deal with OpenAI (PC:OPAIQ). Several analysts have raised their price targets for NVDA stock ahead of its Q3 FY26 earnings. In fact, Citi expects the company to report a “beat and raise” quarter.
Meanwhile, Wall Street expects Nvidia to report a 54.3% year-over-year rise in Q3 FY26 earnings per share (EPS) to $1.25. Revenue is estimated to grow by 56% to $54.80 billion.
Now, according to TipRanks’ Ownership Tool, public companies and individual investors own 49.06% of Nvidia. They are followed by ETFs, mutual funds, other institutional investors, and insiders at 21.68%, 20.39%, 4.98%, and 3.89%, respectively.
Digging Deeper into NVDA’s Ownership Structure
Looking closely at the top shareholders, Vanguard owns the highest stake in Nvidia at 7.73%, followed by Vanguard Index Funds with a 6.97% holding.
Among the top ETF holders, the Vanguard Total Stock Market ETF (VTI) holds a 2.99% stake in NVDA, while the Vanguard S&P 500 ETF (VOO) owns 2.47%.
Moving to mutual funds, Vanguard Index Funds holds about 6.97% of Nvidia. Meanwhile, Fidelity Concord Street Trust owns 1.76% of the company.
Is NVDA Stock a Buy, Sell, or Hold?
Currently, Wall Street has a Strong Buy consensus rating on Nvidia stock based on 37 Buys, one Hold, and one Sell recommendation. The average NVDA stock price target of $241.57 indicates 27% upside potential. NVDA stock has risen 42% year-to-date.
