By Danny Vena, CPA
Publication Date: 2026-05-15 20:53:00
Nvidia (NVDA 4.39%) has had a stellar run over the past few years, but those gains have been marked by significant volatility. The artificial intelligence (AI) chipmaker has gained 1,440% since the start of 2023 (as of this writing), but has fallen 10% or more on at least five occasions. Furthermore, in early 2025, the stock plunged 37%, so it isn’t for the faint of heart.
Some investors have been avoiding the stock, citing fears of weakening AI adoption, an AI bubble, or so-called circular deals in the space. However, Wall Street is increasingly convinced Nvidia’s growth story is very much intact.
Image source: Nvidia.
Wall Street thinks Nvidia is a buy
Over the past week, several of Wall Street’s finest have become increasingly bullish on Nvidia, and there’s a recurring theme.
TD Cowen analyst Joshua Buchalter raised his price target on Nvidia to $275 from $235, while maintaining a buy rating on the stock. That represents potential gains of 22% for investors compared to Friday’s closing price. The analyst cited rising capital expenditures by hyperscale cloud computing operators and orders for the company’s Blackwell and Rubin chips, which management says exceed $1 trillion. Buchalter expects a beat-and-raise quarter when Nvidia reports earnings next week.
There’s more. Cantor Fitzgerald analyst C.J. Muse raised his price target on Nvidia to $350 from $300, and maintained an overweight (buy) rating on the stock. That represents potential upside of 55%. The analyst…
