Jefferies NVIDIA · NVDA

Jefferies Keeps Buy on NVIDIA, $185 Price Target

Analyst: Blayne Curtis 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$185
Outcome
Reached
on September 30, 2025
Jefferies and NVIDIA logos

What the analyst said

Jefferies analyst Blayne Curtis reiterated a Buy rating and $185 price target on NVIDIA (NASDAQ: NVDA).

“Foxconn offered a notable improvement in tone this week with the release of their January revenue figures (+3%).

Management now suggesting sequential revenue growth in 1Q25 likely to be “better than average” vs the “roughly similar levels” guidance proposed during their earnings call last month.

The shift is a welcome sight for investors concerned about ongoing delays with NVDA’s Blackwell rollout and suggests the ramp is fully underway.

We continue to believe that most of the supply chain data points out of Asia are just noise and that the fears of a down quarter or air pocket are overblown.

Please reach out for a copy of AI Accelerator Model.”

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This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

NVDA trades at $187. The 27 analysts who set a target in the last 3 months range from $270 to $515, with a median of $315. This $185 target is 41% below the median, the lowest on the Street.

Since the note NVDA has moved +38% (from $135). The 12-month window closed on February 14, 2026.

Track record

This call✓ Target reached on September 30, 2025, 8 months after the note.

Firm track recordJefferies: 62% of its 21 targets at least a year old were reached within 12 months (#23 of 26 firms); on NVIDIA, 3 of 4. Accuracy ranking →

Jefferies on NVIDIA

Jefferies price targets on NVIDIA

4 calls from August 27, 2025 to May 21, 2026. The target went from $205 to $300 (+46%). The rating moved from Hold to Buy.

Jefferies targetNVDA share price
  1. May 21, 2026Target raised from $250 (+20%)Buy$300
  2. November 20, 2025Target raised from $240 (+4%)Buy$250
  3. November 4, 2025Upgraded to Buy, target raised from $205 (+17%)Buy$240
  4. August 27, 2025Earliest call shownHold$205
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Other analysts on NVIDIA

Goldman SachsBuy Kept rating and price target Oct 21 $300maintained UBSBuy Kept rating and price target Oct 9 $300maintained Yorkville IvesBuy Initiated coverage Oct 7 $300 CantorBuy Kept rating and price target Oct 5 $350maintained CantorBuy Kept rating and price target Oct 1 $350maintained
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.