Raymond James NVIDIA · NVDA

Raymond James Raises NVIDIA Price Target to $515

Analyst: Simon Leopold 1 min read Reproduced verbatim
Rating
Strong Buy
Target
$515
from $352 (+46%)
Upside
+176%
NVDA at $187 today
Raymond James and NVIDIA logos

What the analyst said

Raymond James analyst Simon Leopold raised the price target on NVIDIA (NASDAQ: NVDA) to $515 (from $352) while maintaining a Strong Buy rating.

“Strong Buy-rated NVDA’s F2Q27 results and F3Q27/FY28 outlook were well ahead of expectations; shares were up ~5% aftermarket, which equates to $240B in market capitalization.

While nearterm results were outstanding with sales doubling y/y, it is the FY28 outlook for 70% growth that the investors will applaud.

Architectural Evolutions (LPU:NVL racks at 1:1 and agentic CPU Vera racks) accelerate growth.

Capital returns remain robust, with a record $26B returned in F2Q27, including $20B of buybacks and a $0.25/share quarterly dividend totaling $6B; YTD returns equal 60% of FCF, above the 50%+ target.

NVIDIA expects non-hyperscale revenue to outgrow hyperscaler. We raise estimates and our price target goes to $515.”

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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 $187. The 27 analysts who set a target in the last 3 months range from $270 to $515, with a median of $315. This $515 target is 63% above the median, the highest on the Street.

Since the note NVDA has moved −11% (from $210). 12-month window: day 71 of 365, closes on August 27, 2027.

Track record

This callOpen: NVDA has not reached $515 yet. This 12-month target is scored on August 27, 2027.

Firm track recordRaymond James: 73% of its 11 targets at least a year old were reached within 12 months; on NVIDIA, 3 of 3. Accuracy ranking →

Earnings reactionOne of 23 notes after NVIDIA’s Aug 26 results: 16 raised · 0 cut · 7 kept. See every call →

Raymond James on NVIDIA

Raymond James price targets on NVIDIA

8 calls from November 20, 2025 to August 27, 2026. The target went from $272 to $515 (+89%). The rating stayed Buy.

Raymond James targetNVDA share price
  1. August 27, 2026 This noteTarget raised from $352 (+46%)Buy$515
  2. August 25, 2026Target raised from $330 (+7%)Buy$352
  3. May 21, 2026Target raised from $323 (+2%)Buy$330
  4. May 15, 2026Kept the $323 targetBuy$323
  5. March 19, 2026Target raised from $291 (+11%)Buy$323
  6. February 26, 2026Target raised from $272 (+7%)Buy$291
  7. January 6, 2026Kept the $272 targetBuy$272
  8. November 20, 2025Earliest call shownBuy$272
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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.