Argus NVIDIA · NVDA

Argus Reiterates Buy on NVIDIA, $270 Price Target

1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$270
Unchanged
Upside
+49%
NVDA at $182 today
Argus and NVIDIA logos

What the analyst said

Argus analyst Jim Kelleher reiterated a Buy rating and $270 price target on NVIDIA (NASDAQ: NVDA).

“Strong performance and guidance for AI leader • Nvidia topped consensus estimates for fiscal 2Q27, with quarterly revenue and non-GAAP EPS rising in triple-digit percentages. • Fiscal 2Q27 Data Center revenue of $89 billion rose 117% from a year earlier, reflecting strong artificial intelligence (AI) networking demand and ongoing demand for graphics processing unitbased (GPU-based) compute solutions across hyperscale and nonhyperscale customers. • Management guided for fiscal 3Q27 revenue of $108 billion at the midpoint, about $4 billion higher than the $103.9 billion consensus estimate and consistent with annual growth in the high-80% to low-90% range. • We look for growth beyond hyperscale data center into AI cloud, enterprise, and the company’s Edge Computing end market, which includes gaming, professional visualization, and automotive.

We are reaffirming our BUY rating and our 12-month target price of $270.”

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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 $270 target is 14% below the median, the lowest on the Street.

Since the note NVDA has moved −13% (from $210). 12-month window: day 70 of 365, closes on August 27, 2027.

Track record

This callOpen: NVDA has not reached $270 yet. This 12-month target is scored on August 27, 2027.

Firm track recordToo early to score Argus: price targets are 12-month calls and fewer than 5 of its targets are a year old. 8 of its 13 open targets have already been reached. How we score

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

Argus on NVIDIA

Argus price targets on NVIDIA

3 calls from March 19, 2026 to August 27, 2026. The target went from $220 to $270 (+23%). The rating stayed Buy.

Argus targetNVDA share price
  1. August 27, 2026 This noteKept the $270 targetBuy$270
  2. May 21, 2026Target raised from $220 (+23%)Buy$270
  3. March 19, 2026Earliest call shownBuy$220
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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.