Three Top Wall Street Analysts Stay Bullish on Nvidia Stock
Chip giant Nvidia (NVDA) has been under pressure recently due to concerns about valuations of AI plays and growing competition in the AI chip space. However, several top analysts remain bullish on Nvidia for several reasons, including its solid track record, strong execution, continued innovation, and dominant position in the AI GPU market.
Analysts’ Views
Bank of America analyst Vivek Arya reiterated a buy rating on NVDA stock with a price forecast of $275, saying that he continues to view it as a top pick. Meanwhile, Bernstein analyst Stacy Rasgon is also upbeat about Nvidia’s prospects and has a buy rating on the semiconductor stock with a price target of $275.
Reasons for Optimism
Arya highlighted that management is confident about the expected launch of the Blackwell-backed LLMs in early 2026, which would prove that “they are at least a full generation ahead of competition.” Moreover, external benchmarks like MLPerf and InferenceMAX view Blackwell as the clear leader in both training and inference.
Analysts’ Ratings
Arya ranks No. 270 among more than 10,100 analysts tracked by TipRanks. His ratings have been profitable 58% of the time, delivering an average return of 17.7%. Rasgon ranks No. 144 among more than 10,100 analysts tracked by TipRanks. His ratings have been successful 67% of the time, delivering an average return of 27.3%.
Jefferies Analyst’s View
Jefferies analyst Blayne Curtis reaffirmed a buy rating on Nvidia stock with a price target of $250. Curtis called Broadcom (AVGO) as the top pick, citing ASIC inflection and the highest level of estimate revisions expected for the company in the semiconductor group.
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