Nvidia on Tuesday made a series of announcements at its GTC conference in Washington, DC, sending the stock to record levels. Analysts are excited about what comes next. CEO Jensen Huang said he expects $500 billion in AI chip sales. Huang added that the company would partner with the Department of Energy to build seven new supercomputers. The company also said that it is taking a $1 billion stake in Nokia . The companies will work together in a strategic partnership to develop next-generation 6G cellular technology. The announcements sent Nvidia higher on the day by 5%. On Wednesday, shares rose another 3% — putting the chipmaker on pace to become the first company to reach a $5 trillion market capitalization — after President Donald Trump signaled plans to discuss the company’s ” super duper ” chips when he meets with Chinese President Xi Jinping. NVDA YTD mountain NVDA YTD chart Following the recent moves, analysts stood by their bullish stances on Nvidia, with some raising their price targets. Many pointed to the increased visibility into Nvidia’s chip sales as a bright spot. Here’s what analysts at some of the biggest shops on Wall Street had to say. Goldman Sachs: buy rating, $210 price target Analyst James Schneider’s target implies about 4% upside from Tuesday’s close. “Although management made a number of announcements with partnerships across different industries (more details below), what stood out to us was comments on the company’s revenue visibility to $500bn in cumulative Datacenter revenue in 2025-26. This $500bn revenue estimate is 10% /12% above our / Street estimates of $453bn / $447bn, respectively. We reiterate our Buy rating as we view this increased visibility into CY26 revenues as an incremental positive for the stock.” Citi: buy, $210 “Beyond the various key partnerships, we see the company’s announcement of an additional 14M in Blackwell and Rubin GPUs over the next 5 quarters (on top of the 6M Blackwell shipped so far) as atypical of NVDA, thus a strong indication of the robust 18 months demand visibility. Additionally, we estimate that embedded in NVDA’s $500B Blackwell and Rubin sales (networking included) is $25B+ potential upside to the Street’s FY2027 (ending Jan-27) data center sales estimates.” Morgan Stanley: overweight, $210 “While GTC is a conference for customers, one slide was for us, as the company talked about $500 bn of cumulative Blackwell/ Rubin revs by end of CY26, implying upside; we add context. Stay OW, remains our favorite name in AI semis.” Bernstein: outperform, $225 Bernstein’s forecast corresponds to upside of 12%. “Hence it seems the company is likely suggesting well over $300B in CY26 (FY27) datacenter revenues; for context the Street currently sits at ~ $258B, suggesting potential for significant upside to current numbers. … Even up ~50% YTD NVIDIA has still lagged many other AI peers as investors worry about AI over-exuberance (if not a bubble). But it seems clearer and clearer that the time to worry is not now.” UBS: buy, $235 UBS’ target, raised from $205, calls for 17% upside going forward. “The biggest investor debate we hear these days is whether NVDA’s margins are sustainable in light of all this custom ASIC activity. For the foreseeable future, we believe they are because of how far ahead the company is in rack scale ecosystem and given how fast the demand tide is rising. On our higher estimates, we walk our PT up again from $205 to $235 and we very much like the setup here into earnings in 3wks.” Bank of America: buy rating, lifts target to $275 from $235 Analyst Vivek Arya’s new forecast, lifted from $235, is nearly 37% above Nvidia’s Tuesday closing price. “We hosted a very positive meeting with NVDA CFO Colette Kress and members of the IR team, following the CEO keynote, at NVDA’s GTC trade show in Washington DC earlier today. The CFO meeting and the keynote enhance our confidence in NVDA’s: 1) Solid visibility, 2) Strong alignment with supply chain including multiple memory suppliers, 3) Zero China expectations, any resolution to trade issues incremental, 4) Confidence in maintaining leadership against ASIC and GPU rivals, which have no experience (yet) of standing racks while NVDA already in second-gen (GB300), and 5) Multi-year pipeline (Rubin on track for 2H26E) that continues to drive leverage in new markets (Nokia 6G, Uber self-driving cars, industrial twins, robotics). Meanwhile we think valuation at 32x/25x CY26E/27E PE remains compelling.” ( Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here . )
Related
Discover more from BrandedNepal | Shop Nepal’s Best Local & Global Brands
Subscribe to get the latest posts sent to your email.
