
NVIDIA Corporation (NASDAQ: NVDA) has transcended all forms of investing — growth, thematic, tactical, blue chip, and secular investors. It’s also the undisputed leader in the race for artificial intelligence. And now that the rough patch in the stock market has (hopefully) passed, analysts on Wall Street are making bolder and bolder predictions for NVIDIA shares looking out to 2026 and beyond.
Barclays just reiterated its Overweight rating and raised its price target on NVIDIA to $200 from an already-bullish $175.00, after having just raised its price target to $170 from $155 on May 29. The June 17 call from Barclays was versus a prior $144.69. As for the new price target hike, Barclays did supply chain and channel checks and it sees the next quarterly revenue report likely being $2 billion higher than consensus. And while the Blackwell reached 30,000 wafers per month (below the 40,000 prior Barclays estimate), utilizations are running strong and it sees positive trends for H2-2025.
On June 16, Oppenheimer reiterated its Outperform rating and kept its $175 price target.
Earlier in June, Jefferies reiterated its Buy rating and $185 price target but added NVIDIA to its list of top picks for the firm with expectations that the ramp up of its new Blackwell AI chips driving NVIDIA’s gross margin up to between 70% and 80% this year from a prior level of 61%. The firm even sees a smoother transition into NVIDIA’s next-generation Rubin platform as it will have a similar rack-type architecture as the Blackwell chip systems.
Multiple analyst calls were seen around on May 29:
- BofA reiterated its Buy rating and raised its price objective to $180 from $160.
- Citigroup reiterated its Buy rating and raised its price target to $180 from $150.
- Mizuho reiterated its Outperform rating and raised its price target to $170 from $168.
- Morgan Stanley reiterated its Overweight rating and raised its price target to $170 from $160.
- Summit Insights raised NVIDIA to Buy from Hold, after having downgraded it in March based on DeepSeek’s negative AI impact.
- Truist Securities reiterated its Buy rating and raised its price target on NVIDIA to $210 from $205.
- Piper Sandler reiterated its Overweight rating and raised its price target on NVIDIA to $180 from $150.
- Raymond James reiterated its Strong Buy rating and raised its price target to $165 from $150.
NVIDIA shares peaked above $150 in January of 2025 and this is its third wave to rise back above $140 since that peak. Its 52-week range is $86.62 to $153.13.
Categories: Investing