BMO Capital NVIDIA · NVDA

BMO Capital Reiterates Outperform on NVIDIA, $340 Price Target

Analyst: Harsh V Kumar 1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$340
Unchanged
Upside
+82%
NVDA at $187 today
BMO Capital and NVIDIA logos

What the analyst said

BMO Capital analyst Harsh V Kumar reiterated an Outperform rating and $340 price target on NVIDIA (NASDAQ: NVDA).

“We hosted a post-F2Q earnings call with NVDA investor relations team last week. NVDA reiterated 70% growth in FY28 as AI demand continues to exceed supply.

Supply constraints are mostly centered on memory and foundry wafers, but also factors in land/power/shell.

GPU fungibility coupled with CUDA support open/closed models and extends useful life as seen from A100s contract going into 2029 (Ampere launched in 2020).

We see NVDA’s full stack end-to-end platform as the industry’s best-enabling AI training/inference. We maintain Outperform rating and $340 target price.”

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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 $187. The 27 analysts who set a target in the last 3 months range from $270 to $515, with a median of $315. This $340 target is 8% above the median.

Since the note NVDA has moved −19% (from $230). 12-month window: day 59 of 365, closes on September 8, 2027.

Track record

This callOpen: NVDA has not reached $340 yet. This 12-month target is scored on August 21, 2027. Same target as this firm’s August 21, 2026 note, so it is scored there.

Firm track recordToo early to score BMO Capital: price targets are 12-month calls and fewer than 5 of its targets are a year old. 7 of its 20 open targets have already been reached. How we score

BMO Capital on NVIDIA

BMO Capital price targets on NVIDIA

3 calls from August 21, 2026 to September 8, 2026. The target stayed at $340. The rating stayed Buy.

BMO Capital targetNVDA share price
  1. September 8, 2026 This noteKept the $340 targetBuy$340
  2. August 25, 2026Kept the $340 targetBuy$340
  3. August 21, 2026Earliest call shownBuy$340
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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.