DA Davidson Raises Nvidia’s Price Target to $250

October 29, 2025 1 min read Reproduced verbatim

Rating: Buy; Unchanged
Target: $250; from $210 (+19%)
Outcome: Missed; within 12 months

DA Davidson’s latest target on NVIDIA is now $300 (Aug 27, 2026); the median of 27 firms is $315. DA Davidson has reached 68% of its year-old targets (19 scored).

What the analyst said

DA Davidson analyst Gil Luria raised on October 29, 2025, the price target on Nvidia to $250 (from $210), while maintaining a ‘Buy’ rating on the stock.

“Following the recent announcements made at NVIDIA GTC in Washington D.C. earlier today, we reiterate our BUY rating and raise our price target from $210 to $250.

NVIDIA continues to demonstrate that they’re the leader in AI compute while expanding across a number of industries and use-cases from quantum computing to telecommunications.

Furthermore, we believe that the market is currently discounting upside to data center revenue through FY2026.We continue to believe the market may be underestimating the insatiable demand for compute.

Management stated that they expect the Blackwell/Rubin generations in 2025/26 to generate $500B of revenue off of 20M GPUs sold, with 6M GPUs already shipped, with consensus estimating data center revenue through that time period at approximately $366B; guidance that’s now ~37% above where consensus is.That being said, we do not believe that the market is appropriately pricing in the upside to these numbers.

To that end, we see no reason to change our perspective on the capabilities of models today and future models, while we see the current levels of demand for compute from labs like OpenAI as justified and do not believe we’re reaching levels warranting the characterization of ‘overbuilding’.”

Disclaimer
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Where the price stands

This target$250Highest$515Today$179Median$315At the note$201

NVDA trades at $179. The 27 analysts who set a target in the last 3 months range from $250 to $515, with a median of $315. This $250 target is 21% below the median, the lowest on the Street.

Since the note NVDA has moved −11% (from $201). The 12-month window closed on October 29, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note NVDA closed at $214, 15% below the $250 target, but it moved the way the analyst expected.

Firm track recordDA Davidson: 68% of its 19 targets at least a year old were reached within 12 months (#19 of 26 firms); on NVIDIA, 6 of 7. Accuracy ranking →