KeyBanc Maintains Overweight on NVIDIA, $330 Price Target

August 24, 2026 1 min read Reproduced verbatim

Rating: Overweight; Unchanged
Target: $330; Unchanged
Upside: +82%; NVDA at $182 today

What the analyst said

KeyBanc analyst John Vinh reiterated an Overweight rating and $330 price target on NVIDIA (NASDAQ: NVDA) on August 24, 2026.

“Expect Ramping Rubin GPU Shipments to Drive Strong Results and Guidance; We expect NVDA to report strong results and guidance with ramping Rubin (R200) GPU shipments representing the key drivers of upside.

Key expectations we’d highlight into the quarter include: 1) R200 mass production began in July and should contribute modest incr revs in F2Q; 2) Blackwell shipments are expected to remain flat q/q in F3Q, while we anticipate incr R200 shipments of ~250K in F3Q q/q; 3) Full year R200 shipments are increasing slightly to ~1.9M due to ramping supply of HBM4 from SK Hynix.

As such, we’re raising ests and see fav risk/reward trading at 15x our FY28 EPS. Remain OW.”

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Where the price stands

This target$330Highest$515Lowest$270Today$182Median$315At the note$215

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 $330 target is 5% above the median.

Since the note NVDA has moved −15% (from $215). 12-month window: day 73 of 365, closes on August 24, 2027.

Track record

This callOpen: NVDA has not reached $330 yet. This 12-month target is scored on July 14, 2027. Same target as this firm’s July 14, 2026 note, so it is scored there.

Firm track recordKeyBanc: 79% of its 24 targets at least a year old were reached within 12 months (#13 of 26 firms); on NVIDIA, 4 of 5. Accuracy ranking →