Nvidia Stock: Can AI Kingpin Still Double From Here?

Nvidia ( (NVDA) ) has been popular among investors this week. Here is a recap of the key news on this stock.

Nvidia remains at the center of the AI investment story, with Wall Street betting that the chipmaker can turn massive demand for data-center GPUs into years of strong revenue and earnings growth. After its stock climbed roughly 40% in 2025, analysts continue to see meaningful upside, driven by faster-than-expected adoption of its new Blackwell GB200 and GB300 platforms and a deep pipeline of AI orders from hyperscalers and governments worldwide. Recent Q3 FY26 results showed accelerating revenue and expanding margins as Blackwell-based systems ramp, and Nvidia now has visibility on an estimated $500 billion in data-center orders for Blackwell and next‑generation Rubin products through 2025–26. The company has boosted inventory and long‑term supply commitments to keep up, easing some concerns around chip shortages that have periodically constrained growth.

Despite its huge run, many analysts argue Nvidia’s valuation still looks reasonable relative to its growth outlook. One prominent bear‑leaning scenario pegs the stock at $200, which still implies nearly 7% upside from current levels and assumes more modest growth and lingering worries about the “circular” nature of some mega AI deals with partners like OpenAI and Anthropic. On the bullish side, a $352 target suggests nearly 90% upside if Nvidia can maintain its current momentum, with that forecast based on robust long‑term earnings power through 2030. Overall, the Street consensus rates Nvidia a Strong Buy, with an average price target around $263 pointing to roughly 41% upside. For investors focused on AI infrastructure, Nvidia remains the dominant, higher‑risk/higher‑reward play at the heart of the sector, even as competition from names like AMD intensifies and questions about the sustainability of AI capex begin to surface.