TD Cowen NVIDIA · NVDA

TD Cowen Reaffirms Buy on NVIDIA, $175 Price Target

Analyst: Joshua Buchalter 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$175
Outcome
Reached
on July 28, 2025
TD Cowen and NVIDIA logos

What the analyst said

TD Cowen analyst Joshua Buchalter reiterated a Buy rating and $175 price target on NVIDIA (NASDAQ: NVDA)

“Broadly, we remain confident that NVIDIA is the leader in accelerated computing.

We believe the CPU/GPU/DPU combination of Grace/Blackwell (eventually leading to Vera/Rubin) systems positions the company to sustain strong Datacenter growth in the coming years.

We continue to see earnings power exceeding $7 by C2030, and this (very) conservatively incorporates a digestion year in C2027…a digestion year that has now been pushed out twice (we originally modeled it for C2024!).

We reiterate our Buy rating and our $175 PT (~31x F2027E EPS), and NVIDIA remains one of our Top Picks.”

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 $175 target is 44% 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 July 28, 2025, 5 months after the note.

Firm track recordTD Cowen: 83% of its 36 targets at least a year old were reached within 12 months (#5 of 26 firms); on NVIDIA, 4 of 4. Accuracy ranking →

TD Cowen on NVIDIA

TD Cowen price targets on NVIDIA

8 calls from November 20, 2025 to August 27, 2026. The target went from $235 to $275 (+17%). The rating stayed Buy.

TD Cowen targetNVDA share price
  1. August 27, 2026Kept the $275 targetBuy$275
  2. August 18, 2026Kept the $275 targetBuy$275
  3. July 9, 2026Kept the $275 targetBuy$275
  4. May 21, 2026Kept the $275 targetBuy$275
  5. May 15, 2026Target raised from $235 (+17%)Buy$275
  6. March 17, 2026Kept the $235 targetBuy$235
  7. February 26, 2026Kept the $235 targetBuy$235
  8. November 20, 2025Earliest call shownBuy$235
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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.