Piper Sandler NVIDIA · NVDA

Piper Sandler Maintains 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 October 14, 2025, a ‘Overweight’ rating and $225 price target on Nvidia.

“Last week, we spoke with NVDA regarding the current business environment and recent investment implications.

Business conditions for NVDA remain robust, with demand still outstripping manufacturing capacity and supply.

In our view, funding provided by NVDA to various customers such as OpenAI and CoreWeave is insulated from circular financing concerns.

The China business still remains constrained, with pressure from the Chinese government weighing on customers, although some licenses have been granted.

We are aware that Q3 guidance did not include any H20 revenue, but believe NVDA is wellpositioned to meet street expectations.”

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 −1% (from $188). The 12-month window closed on October 14, 2026.

Track record

This call✓ Target reached on May 13, 2026, 7 months after the note.

Firm track recordPiper Sandler: 79% of its 38 targets at least a year old were reached within 12 months (#15 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, 2025 This noteKept 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.