HSBC NVIDIA · NVDA

HSBC Downgrades NVIDIA to Hold, $170 Price Target

Analyst: Frank Lee 1 min read Reproduced verbatim
Rating
Hold
from Buy
Target
$170
from $325 (−48%)
Upside
+6%
NVDA at $160 today

The lowest of 32 current targets on NVIDIA, 35% below the $260 median. HSBC has reached 60% of its year-old targets (20 scored).

HSBC and NVIDIA logos

What the analyst said

HSBC analyst Frank Lee downgraded NVIDIA (NASDAQ: NVDA) from Buy to Hold with a price target of $170.

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 $160. The 32 analysts who set a target in the last 3 months range from $170 to $515, with a median of $260. This $170 target is 35% below the median, the lowest on the Street.

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 recordHSBC: 60% of its 20 targets at least a year old were reached within 12 months (#25 of 26 firms); on NVIDIA, 4 of 5. Accuracy ranking →

HSBC on NVIDIA

HSBC price targets on NVIDIA

3 calls from February 24, 2026 to November 13, 2026. The target went from $310 to $170 (−45%). The rating moved from Buy to Hold.

HSBC targetNVDA share price
  1. November 13, 2026 This noteDowngraded to Hold, target cut from $325 (−48%)Hold$170
  2. May 19, 2026Target raised from $310 (+5%)Buy$325
  3. February 24, 2026Earliest call shownBuy$310
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Other analysts on NVIDIA

Wells FargoBuy Kept rating and price targetReiterated Nov 13 $300maintained KeyBancHold Kept ratingReiterated Nov 13 NeedhamBuy Cut price target −33%, kept ratingCut target Nov 13 $200from $300−33% BarclaysBuy Cut price target −24%, kept ratingCut target Nov 13 $210from $275−24% TruistHold Downgraded Nov 12 $174
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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.