Wall Street Lifts Nvidia Targets to $330 as Stock Slips Near $216

Nvidia shares settled near $216 by May 27 after the May 20 earnings beat, with institutional flows turning negative. Wall Street remained aggressively bullish, lifting average 12-month targets above $290 and highs to $350 on agentic AI demand and the new $80 billion buyback. Pre-earnings raises from UBS, Wells Fargo, and KeyBanc moved targets to $275-$315; post-earnings notes from BofA, Jefferies, and Wedbush pushed further to $300-$350, citing $91 billion Q2 guidance and a $1 trillion Blackwell/Rubin backlog while arguing consensus estimates remain too low.