UBS NVIDIA · NVDA

UBS Affirms Buy on NVIDIA, $300 Price Target

October 9, 2026 Analyst: Timothy Arcuri 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$300
Unchanged
Upside
+31%
NVDA at $229 today
UBS and NVIDIA logos

What the analyst said

UBS analyst Timothy Arcuri reiterated a Buy rating and $300 price target on NVIDIA (NASDAQ: NVDA).

“The Taiwan Ministry of Finance released September export data, including Automatic Data Processing equipment (ADP).

ADP ex laptops came in at $29.8B, up 25.9% M/M from August’s $23.7B, well above normal September seasonality (-0.3% M/M on average).

The September surge followed a more modest August recovery (+5.1% M/M versus +2.3% seasonal) after July’s 10.6% M/M decline.

The elevated absolute level of exports remains consistent with healthy underlying AI-driven demand.

Assuming August and September together constitute a normal 63.4% of F3Q (Oct Q), the two months’ $53.4B in exports would imply approximately $84.3B for the full quarter, or +13.9% Q/Q (after F2Q27 rose 4.4%)—below our DC revenue estimate, consistent with the historical pattern we have observed.”

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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 $229. 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 −1% (from $230). 12-month window: day 2 of 365, closes on October 9, 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 recordUBS: 79% of its 24 targets at least a year old were reached within 12 months (#15 of 20 firms); on NVIDIA, 5 of 5. Accuracy ranking →

UBS on NVIDIA

UBS price targets on NVIDIA

8 calls from January 6, 2026 to October 9, 2026. The target went from $235 to $300 (+28%). The rating stayed Buy.

UBS targetNVDA share price
  1. October 9, 2026 This noteKept the $300 targetBuy$300
  2. August 27, 2026Target raised from $280 (+7%)Buy$300
  3. August 14, 2026Target raised from $275 (+2%)Buy$280
  4. May 14, 2026Target raised from $245 (+12%)Buy$275
  5. May 11, 2026Kept the $245 targetBuy$245
  6. February 26, 2026Target raised from $235 (+4%)Buy$245
  7. February 10, 2026Kept the $235 targetBuy$235
  8. January 6, 2026Earliest call shownBuy$235
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Other analysts on NVIDIA

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 CitiBuy Kept rating and price target · Sep 28 $315maintained Goldman SachsBuy Kept rating and price target · Sep 10 $300maintained
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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.