UBS Reiterates Buy on NVIDIA, $205 PT
UBS analyst Timothy Arcuri reiterated on August 28, 2025, a ‘Buy’ rating and $205 price target on Nvidia.
“There was some noise and a few things to pick at, but against the stock having been up >30% since last earnings, we think the company threaded the needle pretty well in terms of guidance & commentary and we are making only very minimal changes to estimates and no change to our $205 PT and Buy rating.
Yes, guidance was maybe a touch below some investor’s expectations, but commentary also suggested that there could be a $2-5B/Q upside relief valve pending codification of the mechanics around the 15% fee for the license to ship H20 back into China.
In addition to the China situation, the GB200/300 rack transition is still also creating some remnant noise as Blackwell revenue grew much less than expected and balance sheet inventory (particularly finished goods) spiked higher.”
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.
