3 Things to Watch Ahead of the Nvidia Annual Meeting on June 25
Nvidia (NVDA) shares are keeping calm ahead of the AI darling’s shareholder meeting scheduled for June 25 as the chipmaker is unlikely to deliver fireworks at its upcoming annual event.
Still, there are three key things that investors will be watching on the coming Wednesday. Ahead of the shareholder meeting, NVDA stock is up more than 60% versus its year-to-date low set in April.
What to Expect From Nvidia’s Shareholder Meeting
Nvidia shareholders will vote to re-elect the company’s board at the annual event on June 25. With no contested seats and a strong performance backdrop, the current directors are expected to cruise to reappointment on Wednesday.
Additionally, investors will be watching advisory vote on executive compensation or what is more broadly known as “say-on-pay.”
NVDA CEO Jensen Huang earned nearly $50 million in fiscal 2025 – up roughly 47% from the prior year, largely driven by stock rewards. While the vote is non-binding, it helps with gauging investor sentiment toward Nvidia’s leadership amidst its AI-fuelled surge.
Lastly, shareholders will vote to ratify PwC as Nvidia’s independent auditor on June 25.
Redburn Explains Why NVDA Shares Remain Attractive
NVDA has been lucrative for investors over the past three months, but Redburn analysts continue to see significant further upside in the AI stock.
On Monday, they maintained the chips giant at “Buy,” saying its Q2 earnings release will likely “confirm rising networking attach rates.”
Plus, the quarterly update will indicate “smooth transition to Blackwell Ultra B300s” and pave the way for Nvidia stock to print a new high by the end of 2025, the investment firm told clients in its research note.
Redburn currently has a $178 price target on NVDA shares, which indicates potential for another 25% upside from current levels.
How Wall Street Recommends Playing Nvidia in June
Wall Street remains bullish at large heading into NVDA’s annual shareholder meeting on June 25.
According to Barchart, consensus rating on the company based out of Santa Clara, California remains at “Strong Buy” with the mean target of about $175 suggesting potential upside of more than 20% from here.
On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
