Needham NVIDIA · NVDA

Needham Reiterates Buy on NVIDIA, $300 Price Target

Analyst: Rajvindra Gill 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$300
Unchanged
Upside
+61%
NVDA at $187 today
Needham and NVIDIA logos

What the analyst said

Needham analyst Rajvindra Gill reiterated a Buy rating and $300 price target on NVIDIA (NASDAQ: NVDA).

“Yesterday, NVIDIA announced its agreement to buy Hugging Face for $12.930BN.

Hugging Face is the open source platform for hosting open source and open weight models and datasets enabling developers to easily access ready-to-use models instead of building and training them from scratch.

Hugging Face is hardware agnostic and works with a multitude of hardware providers to integrate these models into hardware stacks to run the models more efficiently.

Post acquisition, NVIDIA will keep Hugging Face as an open platform.

The deal includes a ~$11.9BN purchase price and an additional equity-based retention program of up to ~$1.0BN for Hugging Face employees joining NVIDIA. The deal is expected to close in 1H27.

We maintain our Buy rating and $300 PT.”

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 $187. The 27 analysts who set a target in the last 3 months range from $270 to $515, with a median of $315. This $300 target is 5% below the median.

Since the note NVDA has moved −18% (from $228). 12-month window: day 63 of 365, closes on September 4, 2027.

Track record

This callOpen: NVDA has not reached $300 yet. This 12-month target is scored on August 27, 2027. Same target as this firm’s August 27, 2026 note, so it is scored there.

Firm track recordNeedham: 100% of its 6 targets at least a year old were reached within 12 months; on NVIDIA, 3 of 3. Accuracy ranking →

Needham on NVIDIA

Needham price targets on NVIDIA

6 calls from August 28, 2025 to September 4, 2026. The target went from $200 to $300 (+50%). The rating stayed Buy.

Needham targetNVDA share price
  1. September 4, 2026 This noteKept the $300 targetBuy$300
  2. August 27, 2026Target raised from $270 (+11%)Buy$300
  3. May 21, 2026Target raised from $240 (+13%)Buy$270
  4. February 26, 2026Kept the $240 targetBuy$240
  5. November 20, 2025Target raised from $200 (+20%)Buy$240
  6. August 28, 2025Earliest call shownBuy$200
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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.