Wall Street raises Nvidia price target ahead of third-quarter earnings

Wall Street analysts have revised their price targets for Nvidia ( NVDA , Financial ) as the semiconductor giant is set to reveal its third-quarter results on Nov. 20 as it continues to expand its dominance in the artificial intelligence (AI) market. Nvidia, which has posted a remarkable 203.57% year-to-date gain, recently added another 7.74%, pushing the stock price to $143.1.

Analysts remain optimistic ahead of Nvidia’s upcoming earnings report for the third quarter of 2025. Nvidia is expected to report revenue of $32.5 billion, further boosting investor optimism.

Several top analysts have raised their price targets for Nvidia ahead of the earnings call. HSBC’s Frank Lee was the most aggressive, increasing his target from $145 to $200, implying a 36.78% upside based on the company’s growing data center business. Susquehanna’s Christopher Rolland raised his target to $180, citing strong demand for Nvidia’s H100 and H200 chips. Oppenheimer’s Rich Schafer raised his target to $175. At the same time, Raymond James’ Srini Pajjuri revised her target down to $170, but noted that any decline in Nvidia’s share price should be seen as a buying opportunity.

Matt Bryson at Wedbush also raised his target to $160 based on more favorable earnings estimates. With price targets ranging from $160 to $200, Nvidia remains a key player in the AI-driven semiconductor market. However, analysts caution that its high P/E ratio and broader market volatility should be closely watched.

This article first appeared on GuruFocus.