DA Davidson Lifts Nvidia’s Price Target to $210

DA Davidson analyst Gil Luria upgraded on September 11, 2025, his rating on Nvidia from ‘Neutral’ to ‘Buy,’ with a $210 price target (up from $195).

“We believe the growth in AI compute demand will drive enough demand to sustain NVDA’s growth into next year and likely beyond.

While there are still several cross-currents, we believe those are not enough to change that trajectory and are upgrading to BUY from Neutral, raising our price target to $210 from $195.

Our increasingly optimistic view of the growth in AI compute demand supersedes our list of concerns regarding NVDA.

Our perspective that AI will transform work through labor itself, as opposed to the IT tech stack, lends itself to a continued ramp in compute demand even before enterprise customers see a return on investment.”

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