Wells Fargo Raises NVIDIA Price Target to $220
- Rating
- Buy
- Target
- $220
- from $185 (+19%)
- Outcome
- Reached
- on May 12, 2026

What the analyst said
Wells Fargo analyst Aaron Rakers raised the price target on NVIDIA (NASDAQ: NVDA) to $220 (from $185) while maintaining an Overweight rating.
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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 $220 target is 30% below the median, the lowest on the Street.
Since the note NVDA has moved +25% (from $183). The 12-month window closed on August 11, 2026.
Track record
This call✓ Target reached on May 12, 2026, 9 months after the note.
Firm track recordWells Fargo: 59% of its 17 targets at least a year old were reached within 12 months (#19 of 20 firms); on NVIDIA, 3 of 3. Accuracy ranking →
Wells Fargo on NVIDIA
Wells Fargo price targets on NVIDIA
5 calls from August 11, 2025 to May 12, 2026. The target went from $220 to $315 (+43%). The rating stayed Buy.
- May 12, 2026Target raised from $265 (+19%)Buy$315
- December 29, 2025Kept the $265 targetBuy$265
- December 9, 2025Kept the $265 targetBuy$265
- November 14, 2025Target raised from $220 (+20%)Buy$265
- August 11, 2025 This noteEarliest call shownBuy$220



