Nvidia (NVDA) just got a major vote of confidence. Baird analyst Tristan Gerra raised his price target to $500 from $300 after the chipmaker beat Wall Street’s high expectations again. The new target is a 67% jump, making it one of the highest on the Street, implying a massive 127.8% upside potential. Gerra kept his Buy rating and said Nvidia’s lead in AI is widening, not shrinking.
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High conviction NVDA bears now have this Tradr ETFIt is worth noting that Gerra ranks 85 out of more than 12,237 analysts tracked by TipRanks. He has an overall success rate of 85% on NVDA stock, with an average return per rating of 50.67% over a one-year timeframe.
Gaining Share in Inference and at Hyperscalers
Gerra said Nvidia is taking more share in AI inference, the part of AI where models run and respond to real‑world tasks. He also sees the company gaining ground at the major cloud giants, where demand for its newest chips remains extremely strong.
He expects Vera Rubin, Nvidia’s next major chip line, to be adopted even faster than Blackwell, the company’s current flagship AI platform.
Vera CPU Opens a New $200B Market
One of the biggest drivers behind the new target is Nvidia’s push into CPUs. Gerra said the stand‑alone Vera CPU is set to deliver performance far above today’s x86 chips, opening up a new $200 billion market for Nvidia.
Management already has visibility into nearly $20 billion in CPU revenue this year, a sign that demand is building fast.
AI Spending Set to Surge Through 2030
Nvidia told analysts it expects AI infrastructure spending to climb from over $1 trillion in 2027 to $3-4 trillion a year by 2030 as “agentic AI” spreads across every major industry.
Gerra said this long‑term setup keeps Nvidia as one of his top ideas, noting that the company is positioned at the center of the next wave of AI growth.
Is NVDA a Buy Right Now?
Turning to Wall Street, NVDA stock has a Strong Buy consensus rating based on 40 Buys, one Hold, and one Sell assigned in the last three months. At $299.97, the average Nvidia stock price target implies a 36.67% upside potential.
