By Trevor Jennewine
Publication Date: 2026-04-05 08:30:00
Most Wall Street analysts think Nvidia (NVDA +0.87%) and Broadcom (AVGO +0.29%) are deeply undervalued. Nvidia’s median target price of $265 per share implies 50% upside from its current share price of $177. Coincidentally, Broadcom’s median target price of $472.50 per share also implies 50% upside from its current share price of $314.
Jay Goldberg at Seaport Research has a different take. He has a sell rating on Nvidia, and his target price of $140 per share implies 21% downside. But Goldberg recommends buying Broadcom, though his target price of $430 per share is below the Wall Street consensus.
Here’s what investors should know about these AI infrastructure stocks.
Image source: The Motley Fool.
Nvidia: The stock Jay Goldberg recommends selling
Nvidia is the leading supplier of artificial intelligence (AI) infrastructure, and the company is unlikely to lose its dominant position any time soon. Not only are its graphics processing units (GPUs) the industry standard in AI accelerator chips, frequently setting performance records across training and inference workloads, but its CUDA software platform is also the industry standard in AI application development.
Former analyst Tae Kim, currently the senior technology writer at Barron’s, recently explained, “Despite Nvidia’s reputation as a semiconductor company, the power of its software prowess is often underestimated. More than half of the company’s engineers work on software.”
However, Jay Goldberg is concerned about…
