DA Davidson NVIDIA · NVDA

DA Davidson Maintains Neutral on NVIDIA, $135 Price Target

Analyst: Gil Luria 1 min read Reproduced verbatim
Rating
Neutral
Unchanged
Target
$135
Outcome
Reached
on January 15, 2025
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What the analyst said

DA Davidson analyst Gil Luria reiterated a Neutral rating and $135 price target on NVIDIA (NASDAQ: NVDA)

“We maintain our NEUTRAL rating and $135 price target on NVIDIA following mixed results that were underscored by Data Center revenue beating expectations, but gross margin guidance coming lower than anticipated.

It’s expected that Blackwell supply will continue to ramp quickly throughout the year as customer demand for these systems remains strong.”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

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 $135 target is 57% below the median, the lowest on the Street.

Since the note NVDA has moved +47% (from $127). The 12-month window closed on February 26, 2026.

Track record

This call✓ Target reached on January 15, 2025, 0 days after the note. Same target as this firm’s January 15, 2025 note, so it is scored there.

Firm track recordDA Davidson: 68% of its 19 targets at least a year old were reached within 12 months (#19 of 26 firms); on NVIDIA, 6 of 7. Accuracy ranking →

DA Davidson on NVIDIA

DA Davidson price targets on NVIDIA

8 calls from October 29, 2025 to August 27, 2026. The target went from $250 to $300 (+20%). The rating stayed Buy.

DA Davidson targetNVDA share price
  1. August 27, 2026Kept the $300 targetBuy$300
  2. May 18, 2026Target raised from $250 (+20%)Buy$300
  3. February 26, 2026Kept the $250 targetBuy$250
  4. February 24, 2026Target raised from $210 (+19%)Buy$250
  5. January 12, 2026Target cut from $250 (−16%)Buy$210
  6. November 20, 2025Kept the $250 targetBuy$250
  7. November 17, 2025Kept the $250 targetBuy$250
  8. October 29, 2025Earliest call shownBuy$250
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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.