Nvidia stock gains analyst support as Piper Sandler sees 34 percent upside

Published on 09/13/2026 at 14:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nvidia stock is in focus after Piper Sandler initiated coverage with an Overweight rating and a 12 month price target well above the current level as of September 10, 2026. The shares recently closed about 7.5 percent below their 52 week high, with year to date gains in the mid teens.

Fotorealistische Nahaufnahme einer generischen Grafikkarte mit schwarzem PCB, Kupfer-Kühlrippen und elektronischen Bauteilen auf dunklem Hintergrund — Nvidia US67066G1040 zeigt eine generische GPU-Platine mit Kupfer-Kühlkörper und elektronischen Bauteilen im Studi??icht, Illustration mit AI erstellt.

Nvidia Corporation stock (ISIN US67066G1040) is drawing attention after Piper Sandler initiated coverage with an Overweight rating and a 12 month price target that implies more than 30 percent upside from the recent close as of September 10, 2026, underscoring Wall Street’s confidence in the chip maker’s artificial intelligence business.

Piper Sandler’s new target lifts expectations

According to TheStreet on September 12, 2026, Piper Sandler started coverage of Nvidia with an Overweight rating and set a 12 month price target of USD 300, describing the company as the outright leader in AI compute.

The same report notes that Piper Sandler’s USD 300 target stood roughly 34 percent above Nvidia’s prior closing price around September 10, 2026, making it one of the more aggressive calls among major houses and providing a clear quantified upside for investors to measure against the current share price.

Consensus targets remain higher still

As TheStreet further reports, the average 12 month price target across analysts covering Nvidia stood at USD 327.18 in mid September 2026, with 58 buy ratings against one sell rating, indicating that Piper Sandler’s call is broadly consistent with the positive consensus while still below the most bullish targets.

In the same overview, BMO Capital is cited with an Outperform rating and a USD 340 target for Nvidia based on a projection of 70 percent revenue growth by fiscal 2028, while Wedbush’s Dan Ives set a USD 250 base case for the end of 2026 and JPMorgan reset its Nvidia target to USD 265 for the remainder of 2026, providing a range of scenarios above the current trading level.TheStreet

AI chip leadership backed by market share data

Piper Sandler’s argument leans on Nvidia’s dominant position in AI and graphics processors, and recent industry data illustrates that strength. Per Tech Insider on September 13, 2026, Jon Peddie Research figures show that Nvidia held about 90 percent of the desktop add in board GPU market in Q2 2026, while shipments of desktop graphics cards reached 12.5 million units, the highest quarterly total since Q1 2022.

This combination of near monopoly level market share in standalone desktop GPUs and rising overall shipments helps explain why analysts are comfortable projecting double digit compound growth rates for Nvidia’s revenue over the coming years, and it provides a concrete backdrop for Piper Sandler’s view that the company is the AI compute leader with roughly 80 percent share of that market.Motley Fool

Balance sheet and customer credit exposure

Nvidia’s growth story also carries risks tied to how it supports large AI customers. As Techi.com highlighted on September 13, 2026, Nvidia has increasingly provided credit-like support and guarantees to hyperscale customers building AI infrastructure, effectively becoming a financing partner in addition to a hardware supplier.

The article notes that this strategy has helped drive demand for Nvidia’s data center products but also means the company’s balance sheet is more exposed to customer credit risk and project economics than in earlier cycles, a factor investors need to weigh alongside the strong analyst targets and market share data.

Stock performance and valuation context

In terms of share performance, Techi.com reported that Nvidia closed the most recent completed trading day, September 11, 2026, at USD 218.29 on Nasdaq, essentially unchanged on the day and about 7.5 percent below its 52 week high of USD 236, while the shares are up 15.6 percent year to date.

This puts Piper Sandler’s USD 300 target roughly USD 81.71 above the USD 218.29 close, an upside of about 37 percent, and roughly USD 64 above the USD 236 52 week high, indicating that the analyst sees considerable room for the stock to move beyond its recent peak if Nvidia delivers on the projected growth trajectory.

Where Nvidia stock stands now

With Nvidia stock at USD 218.29 on Nasdaq as of September 11, 2026, and a 52 week high of USD 236, the shares remain below the most optimistic analyst targets but have already delivered a 15.6 percent gain since the start of the year, leaving investors to balance the strong AI driven growth forecasts against credit exposure and competitive pressures in the chip sector.