Nvidia Stock at $200: Wells Fargo Reiterates Its Price Target

Nvidia stock (NASDAQ: NVDA) is hovering around the $200 zone, with both the bulls and bears looking for an opportunity. While the bulls are aiming to push NVDA above the $230 level, the bears want to pull it down to the $180 range. It is now sitting at a psychological level, giving both market proponents a window to conclude the next direction. On the heels of the psychological movement, leading global investment bank Wells Fargo has reiterated its price prediction for NVDA.

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Wells Fargo’s Nvidia Stock Price Target After NVDA Reaches $200

Aaron Rakers, the Technology Analyst at Wells Fargo, has reiterated Nvidia stock’s price prediction. In a note sent to clients on Friday (July 31, 2026), the analyst predicts that NVDA has a higher chance of rising above $200 henceforth and not below the $190 mark. This makes the GPU maker an attractive asset, as the global bank estimates it could bottom out in value soon. Taking an entry position at this level could prove beneficial, as the upward trajectory is immense.

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