# Goldman Sachs Reaffirms Nvidia Buy Rating and $300 Price Target By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/52826 Published: 2026-11-10T05:32:20.000Z Updated: 2026-11-10T05:32:20.000Z Section: Investing > Nvidia shares fell about 9% on Nov. 5 in a broader semiconductor selloff amid concerns about regulation, borrowing costs and cloud spending. Goldman Sachs reaffirmed its Buy rating and $300 price target for Nvidia in an update from late October or early November; Nvidia shares fell about 9% on Nov. 5 in a broader semiconductor selloff. Goldman raised the target from $285 to $300 in August. Goldman had maintained its Buy rating and $300 price target in its [Oct. 21 report after Nvidia’s GTC Berlin keynote](). Goldman’s view rests on continued demand for AI infrastructure. Nvidia’s fiscal 2027 guidance includes anticipated revenue growth of 70%. Near-term concerns for semiconductor stocks included potential regulatory hurdles, elevated borrowing costs and questions about whether cloud operators would slow data-center construction. ## Links in this article - [Oct. 21 report after Nvidia’s GTC Berlin keynote](https://www.tokenpost.com/news/business/38008)