Nvidia (NVDA) enters 2026 with expectations still running high after a massive multi-year rally driven by AI spending. Despite its large market value today, Wall Street still believes the stock could have meaningful upside ahead, with analysts pointing to gains of more than 50% from current levels.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
With that outlook in mind, investors are likely wondering what the company’s maximum potential is. On the bullish end, NVDA stock has a street-high price target of $352 per share. This price target came from top analyst Mark Lipacis at Evercore ISI late last month following the company’s strong Q3 results and upbeat guidance. If NVDA can reach that value, it would represent a 105.9% rally from the stock’s current price. Unsurprisingly, Lipacis also holds an Outperform rating on the stock.
On the other end of the range, the lowest analyst price target for NVDA stands at $200 per share. That target comes from four-star Phillip Securities analyst Yik Ban Chong and points to a more modest 17% upside. Even so, the analyst still rates the stock a Buy, indicating confidence that Nvidia can continue to move higher. Chong updated his NVDA outlook late last month.
NVDA Stock Movement Today
After a decline of about 4% on Wednesday, NVDA stock has recovered in the pre-market trading, with the stock up over 1%. The shares have also increased 89.44% year-to-date and 50.39% over the past 12 months.
Much of this rally has been driven by the rising demand for its AI chips. As companies and governments ramp up spending on AI data centers, Nvidia’s GPUs continue to be the top choice for running and training AI models.
Is NVDA a Good Stock to Buy Now?
According to TipRanks, NVDA stock has a Strong Buy consensus rating based on 39 Buys, one Hold, and one Sell assigned in the last three months. At $258.97, the Nvidia average share price target implies a 51.50% upside potential. Overall, NVDA stock is up by over 30% year-to-date.
