Oppenheimer NVIDIA · NVDA

Oppenheimer Lifts Nvidia’s Price Target to $265

1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$265
from $225 (+18%)
Upside
+46%
NVDA at $182 today
Oppenheimer and NVIDIA logos

What the analyst said

Oppenheimer analyst Rick Schafer raised on November 13, 2025, the price target on Nvidia to $265 (from $225), while maintaining an ‘Outperform’ rating on the stock.

“NVDA reports earnings Wednesday (11/19).

We see upside to consensus F3Q (Oct.) sales/EPS $54.7B/$1.25 and F4Q (Jan.) $61.5B/$1.42 led by new GB300 Ultra. CSP/hyperscalers continue to upside capex reflecting insatiable AI appetite.

NVDA rack-scale NVL72 remains AI’s go-to performance/watt leader. NVL72 supply remains tight as backlog grows.

At GTC DC two weeks ago, Founder/CEO Jensen Huang highlighted cumulative Blackwell/Rubin revenues of $500B by end CY26 ($350B balance).

Exponential growth drivers including reasoning and agentic AI creating an adoption flywheel. China, >$50B opportunity, remains out of the model for now.

NVDA overall TAM $4T ($2T CSP, $1.5T sovereign, $500B enterprise).

Power remains an omnipresent bottleneck. NVDA remains best positioned to win in AI.

Reiterate Outperform. Target to $265 (from $225).”

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Where the price stands

NVDA trades at $182. The 27 analysts who set a target in the last 3 months range from $270 to $515, with a median of $315. This $265 target is 16% below the median, the lowest on the Street.

Since the note NVDA has moved −6% (from $194). 12-month window: day 357 of 365, closes on November 13, 2026.

Track record

This callOpen: NVDA has not reached $265 yet. This 12-month target is scored on November 13, 2026.

Firm track recordOppenheimer: 64% of its 14 targets at least a year old were reached within 12 months; on NVIDIA, 3 of 3. Accuracy ranking →

Oppenheimer on NVIDIA

Oppenheimer price targets on NVIDIA

5 calls from August 28, 2025 to August 27, 2026. The target went from $225 to $315 (+40%). The rating stayed Buy.

Oppenheimer targetNVDA share price
  1. August 27, 2026Target raised from $265 (+19%)Buy$315
  2. August 20, 2026Kept the $265 targetBuy$265
  3. May 12, 2026Kept the $265 targetBuy$265
  4. November 13, 2025 This noteTarget raised from $225 (+18%)Buy$265
  5. August 28, 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.