5-Star Analyst Tweaks Nvidia Stock Price Target for 2027 Nauman Khan Tue, November 10, 2026 at 12:50 PM EST 1 min read NVDA -5.96% Trade NVIDIA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Wells Fargo analyst Joe Quatrochi lowered his price target on Nvidia (NASDAQ:NVDA) to $300 from $315 while keeping a Buy rating, saying the chipmaker may still deliver solid upside in its fiscal third quarter and provide much needed confidence in the AI investment cycle, according to a Tuesday research note.
Quatrochi said supply-side production capacity scaling and visibility into demand beyond 2028 are key topics for investors. He also said the quarter could offer reassurance about the durability of the AI buildout.
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On the investigation involving CEO Jensen Huang, Quatrochi said the matter may remain an overhang. Still, he said he is comfortable with the risk-reward at current levels, citing durable earnings estimates for 2028 and little sign of demand destruction. He noted that demand destruction appears unlikely at this point.
He maintained a positive outlook on out-year estimates, pointing to Nvidia's leadership position and its supply chain capabilities and execution. The note suggests the probe is a headwind but has not changed the longer-term demand picture for the company. His view indicates the investigation has not altered the longer-term demand story.
