Nvidia (NVDA) continues to draw strong Wall Street attention ahead of Q1 FY27 earnings results on Wednesday, May 20, 2026. The stock has gained 21% year-to-date amid improving trade sentiment and strong chip demand. Wall Street expects Nvidia to report earnings of $1.74 per share on revenues of $78.76 billion, driven by strong demand for the company’s Blackwell chips and Grace Blackwell platforms. Here’s what top financial analysts are forecasting for Nvidia ahead of the print.
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Forget margin or options. Here's how the pros trade NVDAIn a new development, Reuters reported that the U.S. government has approved sales of Nvidia’s H200 AI chips to 10 Chinese tech companies. With CEO Jensen Huang currently in Beijing with the U.S. trade delegation, investors are hoping the China market could start reopening for Nvidia.
For context, Nvidia designs advanced AI chips and computing systems used in data centers, gaming, autonomous vehicles, and other high-performance computing applications.
Latest Top Analysts’ Views on NVDA Stock
Ahead of the earnings report, several firms are becoming more bullish on Nvidia’s outlook.
Just yesterday, BofA Securities analyst Vivek Arya raised his price target on Nvidia (NVDA) stock to $320 from $300 while maintaining a Buy rating. The 5-star analyst pointed to several upcoming catalysts, including Nvidia’s Q1 earnings report, the Computex trade show in June, and the launch of its Vera Rubin platform later this year.
The analyst also raised his long-term sales and earnings forecasts, citing continued growth in AI computing demand and Nvidia’s strong position across the AI chip market. However, Arya noted that gross margins could gradually decline over time as memory costs rise and competition from Advanced Micro Devices (AMD) and custom AI chips increases.
Meanwhile, another 5-star analyst Srini Pajjuri of RBC Capital reiterated an Outperform rating and $250 price target on Nvidia. The analyst expects another solid quarter from Nvidia, with AI demand continuing to outpace supply and visibility extending well into 2027.
Pajjuri also noted that Nvidia remains in a strong position due to its balance sheet strength and leadership in AI chips. However, the analyst said component shortages and power availability remain near-term challenges, while gross margins will stay in focus as memory prices continue to rise.
Who Are the Best Analysts Covering NVDA Stock?
Five-star-rated analyst Christopher Rolland at Susquehanna is currently the most accurate analyst covering NVDA stock over the past one year. He has a 100% success rate and an average return of 102.38% per trade. On TipRanks, Rolland ranks #23 among more than 12,000 tracked analysts.
Just this week, Rolland raised his price target on Nvidia stock to $275 from $250 while maintaining a Positive rating. The analyst expects Nvidia to deliver stronger results and guidance as demand for its GB300 AI systems continues to ramp through the first half of 2026. He also highlighted that rising AI spending from major cloud companies will continue to drive top-line growth. However, the analyst noted that ongoing China export restrictions and potential margin pressure remain key risks to watch.
What Is Nvidia’s Stock Price Target?
Looking ahead, analysts rate Nvidia stock as a Strong Buy, with 40 Buys, one Hold, and one Sell assigned in the last three months. At $277.23, Nvidia’s average 12-month stock price target implies an upside of over 22% from the current level.
