Piper Sandler NVIDIA · NVDA

Piper Sandler Maintains Overweight on NVIDIA, $225 Price Target

Analyst: Harsh Kumar 1 min read Reproduced verbatim
Rating
Overweight
Unchanged
Target
$225
Outcome
Reached
on May 13, 2026

Piper Sandler’s latest target on NVIDIA is now $300 (Nov 12, 2026); the median of 30 firms is $290. Piper Sandler has reached 79% of its year-old targets (38 scored).

Piper Sandler and NVIDIA logos

What the analyst said

Piper Sandler analyst Harsh Kumar reiterated an Overweight rating and $225 price target on NVIDIA (NASDAQ: NVDA).

“NVDA is our top large-cap data center pick for the calendar year. We think NVDA’s sustained technological leadership, growing strategic partnerships, combined with its full software stack and favorable valuation (~24.5x PE NTM) are all reasons to be highly positive on the stock.

We were also very impressed by the expected performance gains to be delivered from the Vera Rubin rack, with expected revenues in 2H2026. In analog, we believe MCHP will benefit most from a recovery in the space, with March and June quarters already showing strong backlog.

Lastly, for our top small cap idea PI, we see numerous catalysts in place for the year including phase 3 at WMT and growing UPS programs.”

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 $165. The 30 analysts who set a target in the last 3 months range from $185 to $515, with a median of $290. This $225 target is 22% below the median.

Since the note NVDA has moved −13% (from $189). 12-month window: day 308 of 365, closes on January 8, 2027.

Track record

This call✓ Target reached on May 13, 2026, 4 months after the note. Same target as this firm’s January 6, 2026 note, so it is scored there.

Firm track recordPiper Sandler: 79% of its 38 targets at least a year old were reached within 12 months (#13 of 26 firms); on NVIDIA, 5 of 5. Accuracy ranking →

Piper Sandler on NVIDIA

Piper Sandler price targets on NVIDIA

6 calls from November 20, 2025 to November 12, 2026. The target went from $225 to $300 (+33%). The rating stayed Buy.

Piper Sandler targetNVDA share price
  1. November 12, 2026Kept the $300 targetBuy$300
  2. September 10, 2026Target raised from $225 (+33%)Buy$300
  3. February 26, 2026Kept the $225 targetBuy$225
  4. January 8, 2026 This noteKept the $225 targetBuy$225
  5. January 6, 2026Kept the $225 targetBuy$225
  6. November 20, 2025Earliest call shownBuy$225
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Other analysts on NVIDIA

DA DavidsonBuy Cut price target −33%, kept ratingCut target Nov 12 $200from $300−33% StoneXHold Downgraded Nov 12 RosenblattBuy Kept rating and price targetReiterated Nov 12 $300maintained Goldman SachsBuy Kept rating and price targetReiterated Nov 12 $220maintained BairdHold Kept rating and price targetReiterated Nov 12 $200maintained
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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.