TD Cowen NVIDIA · NVDA

TD Cowen Reiterates Buy on NVIDIA, $275 Price Target

1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$275
Unchanged
Upside
+51%
NVDA at $182 today
TD Cowen and NVIDIA logos

What the analyst said

TD Cowen analyst Joshua Buchalter reiterated a Buy rating and $275 price target on NVIDIA (NASDAQ: NVDA).

“More Than Meets the AI; We hosted an investor lunch with NVIDIA CEO Jensen Huang, CFO Colette Kress, and Head of IR Toshiya Hari.

We came away confident in the durability of AI spend across diversifying applications/customers.

We see NVIDIA’s extreme co-design across heterogenous hardware offerings and its vertical-specific software as an underappreciated competitive edge in the next evolution of AI. Buy and a Top Pick.

AI Is Diversifying – NVIDIA’s HW/SW Is Positioned to Serve as the Infrastructure for AI Across Industries & Regions: We believe NVIDIA is sending a clear message to investors that: 1) compute remains in shortage; and 2) NVIDIA’s technology stack and its opportunities are being framed too narrowly.

On point 1, NVIDIA spoke to rising legacy GPU rental prices, widening AI adoption, and recent cloud deals signed at premium prices.”

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 $182. 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 −11% (from $204). 12-month window: day 119 of 365, closes on July 9, 2027.

Track record

This callOpen: NVDA has not reached $275 yet. This 12-month target is scored on May 15, 2027. Same target as this firm’s May 15, 2026 note, so it is scored there.

Firm track recordTD Cowen: 83% of its 36 targets at least a year old were reached within 12 months (#5 of 26 firms); on NVIDIA, 4 of 4. Accuracy ranking →

TD Cowen on NVIDIA

TD Cowen price targets on NVIDIA

8 calls from November 20, 2025 to August 27, 2026. The target went from $235 to $275 (+17%). The rating stayed Buy.

TD Cowen targetNVDA share price
  1. August 27, 2026Kept the $275 targetBuy$275
  2. August 18, 2026Kept the $275 targetBuy$275
  3. July 9, 2026 This noteKept the $275 targetBuy$275
  4. May 21, 2026Kept the $275 targetBuy$275
  5. May 15, 2026Target raised from $235 (+17%)Buy$275
  6. March 17, 2026Kept the $235 targetBuy$235
  7. February 26, 2026Kept the $235 targetBuy$235
  8. November 20, 2025Earliest call shownBuy$235
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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.