Piper Sandler NVIDIA · NVDA

Piper Sandler Reiterates Overweight on NVIDIA, $300 Price Target

Analyst: David O'Connor 1 min read Reproduced verbatim
Rating
Overweight
Unchanged
Target
$300
Unchanged
Upside
+81%
NVDA at $166 today

10th-highest of 30 current targets on NVIDIA, 3% above the $290 median. Piper Sandler has reached 79% of its year-old targets (38 scored).

Piper Sandler and NVIDIA logos

What the analyst said

Piper Sandler analyst David O’Connor reiterated an Overweight rating and $300 price target on NVIDIA (NASDAQ: NVDA).

“Multiple news reports of NVDA board meeting late yesterday to decide the future of NVDA CEO Jensen Huang. With no definitive succession plan in place we think it’s likely the board could appoint NVDA CFO as interim CEO, while it conducts a search for a new CEO.

In this scenario, Ian Buck the VP of Nvidia’s Hyperscaler and HPC business and 22-year veteran of NVDA is a strong internal candidate to step-up, in our view. He is well liked and respected by investors. Fundamentally, we don’t see a change of CEO as changing the investment case.

Granted there is higher risk. However, this does not change the direction of travel. In CY27 co should grow revenues +70% and drive $15 EPS. At current 10x trough multiple we see $150 as floor for the stock. Short term stock to remain under pressure until we get better visibility but presenting a LT buying opportunity.”

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Where the price stands

NVDA trades at $166. The 30 analysts who set a target in the last 3 months range from $185 to $515, with a median of $290. This $300 target is 3% above the median.

12-month window: day 0 of 365, closes on November 12, 2027.

Track record

This callOpen: a 12-month target, scored on November 12, 2027, a year after the note.

Firm track recordPiper Sandler: 79% of its 38 targets at least a year old were reached within 12 months (#13 of 26 firms); on NVIDIA, 5 of 5. Accuracy ranking →

Piper Sandler on NVIDIA

Piper Sandler price targets on NVIDIA

6 calls from November 20, 2025 to November 12, 2026. The target went from $225 to $300 (+33%). The rating stayed Buy.

Piper Sandler targetNVDA share price
  1. November 12, 2026 This noteKept the $300 targetBuy$300
  2. September 10, 2026Target raised from $225 (+33%)Buy$300
  3. February 26, 2026Kept the $225 targetBuy$225
  4. January 8, 2026Kept the $225 targetBuy$225
  5. January 6, 2026Kept the $225 targetBuy$225
  6. November 20, 2025Earliest call shownBuy$225
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Other analysts on NVIDIA

DA DavidsonBuy Cut price target −33%, kept ratingCut target Nov 12 $200from $300−33% StoneXHold Downgraded Nov 12 RosenblattBuy Kept rating and price targetReiterated Nov 12 $300maintained Goldman SachsBuy Kept rating and price targetReiterated Nov 12 $220maintained BairdHold Kept rating and price targetReiterated Nov 12 $200maintained
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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.