Truist Raises NVIDIA Price Target to $205
- Rating
- Buy
- Target
- $205
- from $204 (0%)
- Outcome
- Reached
- on October 29, 2025
What the analyst said
Truist Securities analyst William Stein raised the price target on NVIDIA (NASDAQ: NVDA) to $205 (from $204) while maintaining a Buy rating.
“Don’t overlook positive operational updates. Investors may yawn over NVDA’s increasingly modest beats & raises.
We focus on three important operational updates: (1) GB200 NVL72 is now being delivered & stood up in volume (as previewed); (2) post DeepSeek NVDA saw an increase in customer interest & demand; (3) OpEx commentary bodes surprisingly well for sales growth.
NVDA remains *the* AI company owing to its culture of innovation, ecosystem of incumbency, and massive investment in software, models, and services. CY26 EPS goes to $5.87 (from $5.83).
PT to $205 (from $204) based on 35x EPS (same 15x discount to hi-growth semi peers). Buy.”
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 $229. The 27 analysts who set a target in the last 3 months range from $270 to $515, with a median of $315. This $205 target is 35% below the median, the lowest on the Street.
Since the note NVDA has moved +75% (from $131). The 12-month window closed on February 27, 2026.
Track record
This call✓ Target reached on October 29, 2025, 8 months after the note.
Firm track recordTruist: 75% of its 4 targets at least a year old were reached within 12 months; on NVIDIA, 2 of 2. Accuracy ranking →
Truist on NVIDIA
Truist price targets on NVIDIA
8 calls from February 24, 2026 to August 27, 2026. The target went from $275 to $346 (+26%). The rating stayed Buy.
- August 27, 2026Target raised from $307 (+13%)Buy$346
- June 2, 2026Kept the $307 targetBuy$307
- May 21, 2026Target raised from $287 (+7%)Buy$307
- May 19, 2026Kept the $287 targetBuy$287
- March 18, 2026Target raised from $283 (+1%)Buy$287
- March 17, 2026Kept the $283 targetBuy$283
- February 26, 2026Target raised from $275 (+3%)Buy$283
- February 24, 2026Earliest call shownBuy$275
