JPMorgan resets Nvidia stock price target after earnings
Key takeaways
- The stock was already up nearly 20% year-to-date before the results landed.
- The reasoning behind that view is more nuanced than a simple beat-and-raise story, and understanding it requires looking at what Nvidia (NVDA) said, and did not say, about what comes next.
- JPMorgan analyst Harlan Sur raised his price target on Nvidia to $280 from $265, maintaining an Overweight rating.
JPMorgan resets Nvidia stock price target after earnings Hillary Remy Sun, May 24, 2026 at 4:03 AM GMT+7 5 min read NVDA JPM Nvidia just delivered what analysts are calling one of the most consequential quarters in semiconductor history. The stock was already up nearly 20% year-to-date before the results landed. And JPMorgan's Harlan Sur still sees 25% upside from here.
The reasoning behind that view is more nuanced than a simple beat-and-raise story, and understanding it requires looking at what Nvidia (NVDA) said, and did not say, about what comes next.
JPMorgan analyst Harlan Sur raised his price target on Nvidia to $280 from $265, maintaining an Overweight rating. At Nvidia's May 21 closing price of $223.47, the new target implies approximately 25% upside.