Analysts update Nvidia stock price target for 2026
Although Nvidia (NASDAQ: NVDA) has been facing some uncertainty regarding its future sales in China, its overall outlook this year remains broadly positive, per the latest claims on Wall Street.
Namely, Mizuho Securities’ Vijay Rakesh argued in a January 9 note that sustained upside from artificial intelligence (AI) accelerators and wafer fab equipment, as well as optical and memory demand, are still notable tailwinds.
“AVGO, NVDA remain best-positioned to benefit from secular trends in AI accelerator demand as hyperscaler capex is expected up 32% y/y to ~$540B,” Rakesh wrote.
Accordingly, the analyst raised his 2026 Nvidia price target from $245 to $275, reiterating his previous “Outperform” rating. The new…
