Wells Fargo NVIDIA · NVDA

Wells Fargo Increases Nvidia’s Price Target to $265

1 min read Reproduced verbatim
Rating
Overweight
Target
$265
from $220 (+20%)
Upside
+48%
NVDA at $179 today

Wells Fargo’s latest target on NVIDIA is now $300 (Nov 10, 2026); the median of 28 firms is $315. Wells Fargo has reached 66% of its year-old targets (35 scored).

Wells Fargo and NVIDIA logos

What the analyst said

Wells Fargo analyst Aaron Rakers raised on November 14, 2025, the price target on Nvidia to $265 (from $220) while maintaining a ‘Overweight’ rating on the stock.

“We slightly increase our near-term ests. but more notably move our FY27 & FY28 ests. higher given cont. upside momentum in hyperscale capex.

We now model FY26, FY27, and FY28 at $209.2B / $4.61, $301.6B / $7.05, & $383.2B / $8.90, respectively (vs. prior $208.9B / $4.60, $281.7B / $6.61, & $323.2B /$7.51).

We increase our FY26, FY27, and FY28 Data Center rev ests. to $186.6B (+62% y/ y), $276.4B (+48%), & $356.5B (+29%).

With our increased estimates, and maintaining a consistent CY27 ~30x P/E multiple given NVIDIA’s strong growth and best-in class positioning for continued datacenter / AI investments, we increase our price target to $265 (from $220).

Our conversations lead us to believe that the upside CY27 EPS bogey has pushed into the +$9/share range (vs. our current $8.90 estimate).

NVIDIA’s supply ramp and confidence / visibility into continued demand strength through 2026+ remains the key focus.”

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 $179. The 28 analysts who set a target in the last 3 months range from $250 to $515, with a median of $315. This $265 target is 16% below the median.

Since the note NVDA has moved −4% (from $187). 12-month window: day 361 of 365, closes on November 14, 2026.

Track record

This callOpen: NVDA has not reached $265 yet. This 12-month target is scored on November 14, 2026.

Firm track recordWells Fargo: 66% of its 35 targets at least a year old were reached within 12 months (#20 of 26 firms); on NVIDIA, 3 of 3. Accuracy ranking →

Wells Fargo on NVIDIA

Wells Fargo price targets on NVIDIA

5 calls from November 14, 2025 to November 10, 2026. The target went from $265 to $300 (+13%). The rating stayed Buy.

Wells Fargo targetNVDA share price
  1. November 10, 2026Target cut from $315 (−5%)Buy$300
  2. May 12, 2026Target raised from $265 (+19%)Buy$315
  3. December 29, 2025Kept the $265 targetBuy$265
  4. December 9, 2025Kept the $265 targetBuy$265
  5. November 14, 2025 This noteEarliest call shownBuy$265
Share

Other analysts on NVIDIA

MizuhoBuy Cut price target −21%, kept ratingCut target Nov 9 $250from $315−21% RBC CapitalBuy Kept rating and price targetReiterated Nov 9 $330maintained BernsteinBuy Kept rating and price targetReiterated Nov 9 $400maintained BairdBuy Kept rating and price targetReiterated Nov 9 $500maintained Goldman SachsBuy Kept rating and price targetReiterated Nov 9 $300maintained
Share on
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.