Nvidia (NASDAQ: NVDA) remains one of Wall Street’s most favored stocks heading into the final stretch of 2026, with analysts overwhelmingly bullish on its outlook.
The AI chip giant delivered a stunning second-quarter earnings report on August 26, sending analyst price targets climbing higher across the board.
Revenue of $96.2 billion was more than double that of the same quarter a year ago, underscoring the company’s extraordinary growth trajectory.
Diluted earnings per share of $2.46 rose 128% year-over-year and came in $0.12 above the average analyst estimate, adding to investor confidence.
The average Wall Street price target for Nvidia now sits at $327, representing roughly 42% upside from the current share price of $230.
Such a move would not be without precedent, given the stock is already up 34% over the past 52 weeks and more than 900% over the past five years.
Nvidia’s market cap currently stands at $5.56 trillion, making it the largest publicly traded company in the world by that measure.
Among 60 analysts tracked, 48 currently hold a buy recommendation on the stock, with another nine rating it a strong buy, and Deutsche Bank recommending a hold.
Price targets vary considerably, ranging from $220 set by Argus Research on the low end to $515 set by Raymond James on the high end, with most analysts clustering between $300 and $350.
J.P. Morgan analyst Harlan Sur raised his price target from $280 to $320 shortly after the Q2 results were published, reflecting growing confidence in Nvidia’s near-term momentum.
If the consensus price target of $327 proves accurate, Nvidia’s market cap would soar to nearly $8 trillion, a figure that would have seemed extraordinary just a few years ago.
Nvidia’s management has guided for revenue of $108 billion in the third quarter and expects full-year revenue to rise 70% over last year, well above the 44% growth analysts had projected.
Data center revenue came in at $89 million for the second quarter, surging 117% from the same period a year ago, signaling that AI infrastructure spending is already translating into real revenue.
That sharp growth in data center business suggests the AI build-out underpinning Nvidia’s valuation is grounded in actual demand rather than speculative future promises.
With analyst targets, management guidance, and revenue momentum all pointing upward, Nvidia continues to stand out as one of the most closely watched stocks in the market today.
