Wells Fargo Raises NVIDIA (NVDA) Price Target – Here’s Why Wells Fargo's recent price target hike on NVIDIA Corporation (NASDAQ:NVDA) from $265 to $315 has sent shockwaves through the tech world, sparking optimism about a resolution to the stalled H200 AI chip sales.
The move comes as NVIDIA's CEO Jensen Huang joined President Donald Trump's delegation to China, fueling hopes for a breakthrough in the prolonged trade impasse.
Wells Fargo's analyst maintains an Overweight rating on the shares, citing NVIDIA's durable 2027 consensus estimates and favorable growth outlook.