BMO Capital NVIDIA · NVDA

BMO Capital Cuts NVIDIA Price Target to $240

Analyst: Harsh V Kumar 1 min read Reproduced verbatim
Rating
Outperform
Target
$240
from $340 (−29%)
Upside
+46%
NVDA at $164 today

11th-lowest of 30 current targets on NVIDIA, 17% below the $290 median.

BMO Capital and NVIDIA logos

What the analyst said

BMO Capital analyst Harsh V Kumar lowered the price target on NVIDIA (NASDAQ: NVDA) to $240 (from $340) while maintaining an Outperform rating.

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 $164. The 30 analysts who set a target in the last 3 months range from $185 to $515, with a median of $290. This $240 target is 17% below 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 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

4 calls from August 21, 2026 to November 12, 2026. The target went from $340 to $240 (−29%). The rating stayed Buy.

BMO Capital targetNVDA share price
  1. November 12, 2026 This noteTarget cut from $340 (−29%)Buy$240
  2. September 8, 2026Kept the $340 targetBuy$340
  3. August 25, 2026Kept the $340 targetBuy$340
  4. August 21, 2026Earliest call shownBuy$340
Share

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
Share on
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.