Nvidia’s stock (NVDA) is rising, and it’s not only because of artificial intelligence this time. Analysts are raising their targets after the company secured clearance to resume sales of two of its powerful GPUs in China. This change could be a major revenue driver in the second half of the Fiscal year, and Wall Street is adjusting its expectations accordingly.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Stacy Rasgon at Bernstein maintained his Buy rating this week and kept his price target at $185. He is one of the most trusted semiconductor analysts in the business, with a five-star ranking on TipRanks, a 67 percent success rate, and an average return above 24 percent.
Goldman Sachs’ James Schneider also initiated coverage last week with a Buy rating and the same $185 target. Taken together, these ratings have helped push Nvidia’s consensus rating to a Strong Buy. The average price target now sits at $176.76, which suggests around seven percent upside from Nvidia’s most recent closing price of $164.07.
Nvidia Reclaims China Sales and Reignites Global Demand
The catalyst behind all this bullish sentiment is Nvidia’s renewed access to Chinese markets. The company can now sell its H20 and RTX PRO GPUs in China, which had previously been restricted due to U.S. export controls. The approval means Nvidia is no longer shut out of one of its most important international markets, and investors are responding quickly.
Melius Research analyst Ben Reitzes called the update “hugely positive.” He raised his price target from $205 to $235, stating that Nvidia’s revenue is now likely to accelerate in the back half of fiscal year 2026. He also expects continued strength in the first half of 2027 as pent-up demand in China turns into sales.
Reitzes said that the reopening of Chinese sales helps Nvidia directly compete with Huawei. This helps Nvidia reclaim its global position against one of the few companies with real scale and ambition in the high-performance chip space.
Nvidia Uses Regulatory Momentum to Challenge Huawei
CEO Jensen Huang has repeatedly warned that U.S. chip restrictions may hurt domestic companies more than their competitors. By blocking Nvidia from selling to China, regulators were effectively encouraging investment in Huawei and other rivals. That risk appears to have caught Washington’s attention. The new policy shift, which allows limited GPU sales, signals a more balanced approach to protecting innovation while avoiding unintended consequences.
With this green light, Nvidia can now push ahead with both sales and global partnerships, especially in regions where AI infrastructure is expanding rapidly.
Is Nvidia a Buy or Sell?
Wall Street remains firmly bullish on Nvidia stock. Out of 41 analysts who weighed in over the past three months, 36 have rated it a Buy, 4 recommend holding, and just 1 has called for a Sell. That consensus gives Nvidia a clear “Strong Buy” rating overall.
The average 12-month NVDA price target sits at $177.57, which reflects an 8.2% upside from its last close at $164.07.
This optimism builds on growing investor confidence mentioned earlier in the article, where Bernstein’s Stacy Rasgon and analysts at Goldman Sachs reiterated their Buy ratings. Taken together, these endorsements are adding fuel to Nvidia’s ongoing momentum.
