Piper Sandler NVIDIA · NVDA

Piper Sandler Reiterates Overweight on NVIDIA, $225 Price Target

1 min read Reproduced verbatim
Rating
Overweight
Unchanged
Target
$225
Outcome
Reached
on May 13, 2026
Piper Sandler and NVIDIA logos

What the analyst said

Piper Sandler analyst Harsh Kumar reiterated on August 27, 2025, a ‘Overweight’ rating and $225 price target on Nvidia.

“NVDA reported July results along with October quarter guidance which exceeded expectations into the print.

What makes the $54B October quarter revenue guidance impressive in our view is that there are no H20 revenues built-in, which we see as potential upside.

The company noted that it could generate potentially $2-$5B in China revenue this quarter.

In addition, NVDA continues to make progress with the GB300 system which went into full production mode late in the quarter.

Networking also delivered a nice surprise with sequential growth of 46%.

On gross margins, the company expects to achieve mid-70s by year-end.

We continue to view NVDA as the leader in full-scale providers with exceptional TCO and ROI for its customers.

Going forward, we are revising our numbers up and continue to see NVDA leading in the long-term AI infrastructure build-out.

We reiterate our OW rating.”

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 $225 target is 29% below the median, the lowest on the Street.

Since the note NVDA has moved +3% (from $182). The 12-month window closed on August 27, 2026.

Track record

This call✓ Target reached on May 13, 2026, 9 months after the note. Same target as this firm’s August 13, 2025 note, so it is scored there.

Firm track recordPiper Sandler: 79% of its 38 targets at least a year old were reached within 12 months (#14 of 26 firms); on NVIDIA, 5 of 5. Accuracy ranking →

Piper Sandler on NVIDIA

Piper Sandler price targets on NVIDIA

6 calls from September 19, 2025 to September 10, 2026. The target went from $225 to $300 (+33%). The rating stayed Buy.

Piper Sandler targetNVDA share price
  1. September 10, 2026Target raised from $225 (+33%)Buy$300
  2. February 26, 2026Kept the $225 targetBuy$225
  3. January 6, 2026Kept the $225 targetBuy$225
  4. November 20, 2025Kept the $225 targetBuy$225
  5. October 14, 2025Kept the $225 targetBuy$225
  6. September 19, 2025Earliest call shownBuy$225
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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.