In late August and early September, Wall Street analysts issued a series of notes reaffirming their confidence that Nvidia (NASDAQ: NVDA) will enjoy a stock market acceleration relative to its 2026 performance over the next 12 months.

To begin with, Baird analyst Tristan Gerra highlighted the allegedly strong demand for Nvidia’s upcoming Grok 3 LPX and the latest $35 billion compute agreement between Anthropic and Lambda, which is backed by the semiconductor giant.

Given the setup, the Wall Street expert estimated on August 31 that the blue-chip chipmaker will retain its leadership, making NVDA shares a ‘Buy’ with a $500 price target.

Additionally, Phillip Securities’ Yik Ban Chong voiced his bullishness on the…