Nvidia (NVDA) stock has risen 53.3% over the past year, with a quieter near-term move of -0.8% in the last week and 0.2% over the past month. Wall Street’s analysts are firmly bullish, assigning a StrongBuy consensus and forecasting a move toward an average 12‑month price target of $273.61 from a last close of $183.22.
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Trade NVDA with leverageC J Muse of Evercore ISI reiterated a Buy rating on 3/16/2026, setting a $300 price target that implies substantial upside from current levels. Muse argues that more than $1 trillion in Blackwell and Rubin bookings through 2027 supports earnings per share potentially reaching about $15 in 2027, far above current consensus, and sees the stock as a top pick trading at what he views as an attractive multiple of that upside scenario.
Muse highlights that demand for Nvidia’s AI platforms remains “insatiable” as inference workloads hit an inflection point and the company disaggregates and optimizes its stack to extend performance leadership. He also points to emerging technologies like OpenClaw, LPX, and Dynamo as tools that lock in Nvidia’s positioning in so‑called Physical and agentic AI, arguing that investor fears about “peak” capital spending may be overstated given an apparent shortage of compute capacity.
Harlan Sur of J.P. Morgan reiterated a Buy rating on 3/17/2026 with a $265 price target, emphasizing that Nvidia has at least $1 trillion in high‑confidence purchase orders for Blackwell and Vera Rubin systems through 2027. Sur believes this implies tens of billions of dollars of upside versus Street data‑center revenue estimates and underscores a durable AI cycle powered by accelerating inference demand and a growing role in traditional enterprise workloads.
Sur sees Nvidia’s integration of Groq’s LPU technology with Rubin GPUs as a key architectural advance that positions the company strongly in low‑latency inference, while its dual copper‑and‑optical networking path provides flexibility as systems scale. He notes Nvidia’s vertically integrated platform now spans seven chips, five rack systems, and a broad software stack, and concludes that this combination, plus a widening customer base from hyperscalers to enterprises and sovereign AI projects, should support a longer growth runway than many investors expect.
Joseph Moore of Morgan Stanley also reiterated a Buy on 3/17/2026 with a $260 target, calling Nvidia a top pick in semiconductors and stressing its leadership in real‑world inference cost per token. Moore says financial commentary around the massive Blackwell and Rubin opportunity was “positive but understated,” estimating that $1 trillion in bookings for 2025‑2027 implies roughly $1.1 trillion in total data‑center revenue versus consensus closer to $950 billion.
Moore argues that Nvidia’s ecosystem advantage makes it difficult for rivals to sustain share even when alternative chips initially appear cheaper on paper. In his view, customer experience often shows competing products as less cost‑effective once workloads are refined, leading many to return to Nvidia, and this dynamic, combined with skyrocketing compute needs as AI shifts from building to using models, reinforces Nvidia’s long‑term leadership.
James Schneider of Goldman Sachs maintained a Buy rating on 3/16/2026 with a $250 price target, saying the latest GTC keynote met key investor expectations and should help the stock hold recent gains. Schneider highlights Nvidia’s disclosure of $1 trillion in data‑center revenue orders through 2027 as a powerful signal that growth can remain strong beyond 2026, easing concerns about a peak in capital spending.
He also points to the launch of Groq’s LPX rack, co‑designed with the Vera Rubin platform, as proof of Nvidia’s commitment to the fast‑growing inference market, where the company sees far higher throughput per watt and greater revenue potential for large models. With networking strategies that balance copper and optical solutions and multiple bullish analysts backing the name, investors following Wall Street’s top‑ranked experts can track Nvidia and other names on TipRanks’ Top Wall Street Analysts page: “Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.”