NVIDIA (NVDA) Reports Earnings, Target Price Raised by TD Cowen

NVIDIA Corporation (NVDA) reported its earnings on May 20, 2026. Following the report, shares declined by 1.43% by the afternoon of May 21. TD Cowen raised its price target for NVDA from $235 to $275 on May 15 while maintaining a Buy rating. Jim Cramer noted that NVIDIA is facing competition from custom AI chips and suggested the company needs to address its market strategy to reassure investors.