Nvidia (NVDA +1.68%) has been a cornerstone of the artificial intelligence (AI) trade since ChatGPT was released more than three years ago. The semiconductor company’s share price has increased 1,160% since January 2023, and Wall Street still views the stock as deeply undervalued today.
Among 69 analysts that follow the company, the median target price is $265 per share, implying a 47% upside from its current share price of $180. But Wall Street has consistently underestimated how much money hyperscalers will spend on AI infrastructure, so I think Nvidia is headed even higher in the remaining months of 2026.
Here’s what investors should know.
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