Nvidia (NVDA) stock remains the “top pick” for top Cantor Fitzgerald analyst C.J. Muse, who gave a new Street-high price target of $300 (up from $240) and kept an Overweight rating. The new target points to more than 55% upside from current levels.
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Muse said after meeting CEO Jensen Huang and CFO Colette Kress in New York that Nvidia is still “early in a multi-trillion-dollar AI infrastructure buildout.” He believes the company is positioned to control at least 75% of the AI accelerator market, with growth visibility stretching well into the next decade.
Interestingly, Muse ranks No. 62 among more than 10,000 analysts on TipRanks. He has a success rate of 71%, with an average return per rating of 39.2% over a one-year period.
OpenAI Partnership Adds Fuel to Nvidia’s Growth Story
Cantor highlighted Nvidia’s new partnership with OpenAI (PC:OPAIQ), which will help the ChatGPT creator build its own self-hosted hyperscale data centers. The move cuts out middle players such as server makers and cloud vendors, narrowing cost differences between Nvidia’s chips and custom ASICs to about 15%.
Muse called it a “win-win” that could make Nvidia’s platform even more dominant. With its CUDA-X software stack and yearly hardware-software upgrades, Nvidia continues to define the standard for enterprise AI.
Earnings Power Keeps Rising
Cantor expects Nvidia’s earnings per share to climb to $8 in 2026 and $11 in 2027, compared to Wall Street’s current estimates of $6.26 and $7.36. The analyst sees a clear path to $50 EPS by 2030 as global AI spending expands toward $3–4 trillion.
Overall, Muse said “Nvidia was born to run, and it’s still running faster than anyone else in AI.”
Is Nvidia Stock a Buy Right Now?
On TipRanks, Wall Street has a Strong Buy consensus rating on the stock based on 35 Buys, two Holds, and one Sell recommendation. The average NVDA stock price target of $219.86 indicates 15.6% upside potential. NVDA stock has rallied 43% year-to-date.
