Bernstein Reiterates Outperform on NVIDIA, $275 Price Target
- Rating
- Buy
- Unchanged
- Target
- $275
- Upside
- +20%
- NVDA at $229 today
What the analyst said
Bernstein SocGen Group analyst Stacy A.
Rasgon reiterated an Outperform rating and $275 price target on NVIDIA (NASDAQ: NVDA).
“Over the weekend NVIDIA sent out a memo, detailing their response to a number of bear takes that have been fielded recently across the press (and across Twitter/X) including accounts receivables and working capital, depreciation lifetime, “circularity” of revenues, and a number of others.
We believe the company’s responses to these points are broadly valid and useful.
However, the memo appears to have been sent only to the sell side. Consequently, given the attention it has drawn we have fielded many, many requests from investor clients today for it.”
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Where the price stands
NVDA trades at $229. The 27 analysts who set a target in the last 3 months range from $270 to $515, with a median of $315. This $275 target is 13% below the median.
Since the note NVDA has moved +29% (from $178). 12-month window: day 317 of 365, closes on November 26, 2026.
Track record
This callOpen: NVDA has not reached $275 yet. This 12-month target is scored on November 20, 2026. Same target as this firm’s November 20, 2025 note, so it is scored there.
Firm track recordBernstein: 70% of its 10 targets at least a year old were reached within 12 months (#18 of 20 firms); on NVIDIA, 4 of 4. Accuracy ranking →
Bernstein on NVIDIA
Bernstein price targets on NVIDIA
8 calls from August 28, 2025 to December 29, 2025. The target went from $225 to $275 (+22%). The rating stayed Buy.
- December 29, 2025Kept the $275 targetBuy$275
- December 19, 2025Kept the $275 targetBuy$275
- December 15, 2025Kept the $275 targetBuy$275
- November 26, 2025 This noteKept the $275 targetBuy$275
- November 20, 2025Target raised from $225 (+22%)Buy$275
- September 23, 2025Kept the $225 targetBuy$225
- September 19, 2025Kept the $225 targetBuy$225
- August 28, 2025Earliest call shownBuy$225
