By TradingView
Publication Date: 2026-05-12 17:30:00
Nvidia NVDA drew another round of bullish calls after UBS said the chipmaker may still have room to rise, even as Taiwan export data showed a 28% month-on-month decline. UBS framed the drop as a likely normalization after Lunar New Year-related catch-up activity.
UBS analyst Timothy Arcuri set a 12-month target of $245 for Nvidia, which suggests about 12% upside from recent levels. Bernstein’s David Dai and Citi’s Atif Malik were more upbeat, both keeping buy ratings and $300 targets on Nvidia.
Wells Fargo’s Aaron Rakers was the most optimistic, saying Nvidia could reach $315 by 2027 as demand tied to artificial intelligence remains firm and valuation looks manageable. Finbold said Nvidia carries a Strong Buy consensus on Wall Street, with an average target of $274.38 versus a recent $217.77, and the stock has climbed nearly 17% year to date.
