Nvidia Stock Pulls Back, But Wall Street Sees Big Upside

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

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Nvidia remains firmly in Wall Street’s good graces as one of the market’s premier AI plays, even after a blistering run that has left some investors questioning how much upside is left. The stock is up more than 75% over the past year but just 7% year-to-date, with a recent pullback of about 4% seen largely as technical selling after shares touched a 2026 high near $216.61.

Analysts are overwhelmingly bullish on Nvidia, with 40 of 42 rating the stock a Buy and an average 12‑month price target of about $274, implying roughly 35% to 36% upside. Bank of America’s Vivek Arya, who calls Nvidia his top sector pick, sees more than $400 billion in free cash flow in 2026–2027 and argues the stock still trades at a discount to its growth.

DBS Bank’s Fang Boon Foo, the most accurate and profitable Nvidia analyst over the past three months, recently lifted his target from $220 to $250, highlighting that demand for Nvidia’s Hopper and Blackwell AI chips should exceed supply through FY2026. Bernstein’s David Dai also keeps a $300 target, pointing to the upcoming Vera Rubin platform in late 2026 as a major performance leap that underpins continued earnings expansion.

Top investor Oliver Rodzianko, ranked in the top 2% on TipRanks, agrees with the optimistic long‑term view, arguing Nvidia sits at the leading edge of the first big AI adoption wave. He contends pauses in hyperscaler spending are normal digestion phases rather than the end of the cycle, seeing AI as a structural shift that converts labor into compute and supports enduring demand for GPUs.

Rodzianko acknowledges that Nvidia’s valuation looks rich in the near term but believes compounding earnings can still drive roughly 20% upside over the next year. He is not urging investors to go all‑in at current levels yet sees “no reason to sell,” viewing a sharp collapse as a low‑probability tail risk while reiterating a Buy stance on the stock.

For retail investors watching Nvidia, the message from both Wall Street analysts and top stock pickers is broadly aligned: short‑term volatility and cooling momentum may continue, but the long‑term AI and data center story remains intact. With strong free‑cash‑flow forecasts, chronic chip demand and a deep product roadmap, Nvidia continues to be seen as a core holding for those betting on the next leg of the AI boom.