Needham Lowers NVIDIA Price Target to $200
- Rating
- Buy
- Target
- $200
- from $300 (−33%)
- Upside
- +25%
- NVDA at $160 today
5th-lowest of 32 current targets on NVIDIA, 23% below the $260 median.
What the analyst said
Needham analyst Quinn Bolton lowered the price target on NVIDIA (NASDAQ: NVDA) to $200 (from $300) while maintaining a Buy rating.
“NVIDIA announced that Jensen Huang has resigned as President, CEO and a member of the BoD, effective immediately. Colette Kress, EVP and CFO, has agreed to serve as Interim CEO until a permanent successor has been named. We believe the loss of Jensen is clearly a near-term overhang on NVIDIA shares and expect management will provide conservative guidance reflecting near-term uncertainty around the CEO transition on its earnings call next Tuesday (11/17).
Accordingly, we are reducing our PT to $200 from $300 to reflect near-term multiple compression. However, we maintain our Buy rating as we believe Jensen leaves NVIDIA with a strong foundation and a solid product roadmap.
Additionally, we believe the AI infrastructure spending outlook remains robust and we do not expect the CEO transition to affect customer buying patterns.”
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.
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Where the price stands
NVDA trades at $160. The 32 analysts who set a target in the last 3 months range from $170 to $515, with a median of $260. This $200 target is 23% below the median.
12-month window: day 0 of 365, closes on November 13, 2027.
Track record
This callOpen: a 12-month target, scored on November 13, 2027, a year after the note.
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
7 calls from November 20, 2025 to November 13, 2026. The target went from $240 to $200 (−17%). The rating stayed Buy.
- November 13, 2026 This noteTarget cut from $300 (−33%)Buy$200
- October 21, 2026Kept the $300 targetBuy$300
- September 4, 2026Kept the $300 targetBuy$300
- August 27, 2026Target raised from $270 (+11%)Buy$300
- May 21, 2026Target raised from $240 (+13%)Buy$270
- February 26, 2026Kept the $240 targetBuy$240
- November 20, 2025Earliest call shownBuy$240
